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NEW QUESTION: 1
You applied a prepayment amount of $5,000 USD to a $10,000 USD invoice. At the time of prepayment, the applicable tax rate was 5% ($250 USD); at the time of invoice creation, the tax rate is 10%. When you set up taxes, you choose to Recalculate Taxes for the Applied Amount Handling option.
How will the resulting tax be calculated?
A. The tax calculated on the prepayment is reversed completely and the tax rate applied to the invoice line is retained.
B. The tax for the prepayment is recalculated and the generated tax line amount will be $250 USD (5% *
10,000-5000).
C. The tax calculation creates two tax lines: one for the invoice line amount and one for the prepayment with a negative amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -250 USD (5% * -5000).
D. The tax for the prepayment is recalculated to use the new invoice tax rate that is also used for the invoice line amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -500 USD (10% * -5000).
Answer: D
Explanation:
Explanation/Reference:
When you apply a prepayment to an invoice, the tax rate at the time of prepayment may differ from the tax rate at the time that the prepayment is applied to an invoice. Oracle Fusion Tax considers the tax calculated on the prepayment according to the value assigned to the Applied Amount Handling option in the tax record. The values are Recalculated and Prorated.
For example, you apply a prepayment amount of 5,000 USD to an invoice with a total amount of 10,000 USD. At the time of prepayment, the applicable tax rate was 5% (250 USD tax on the prepayment); at the time of invoice creation, the applicable tax rate is 10%. Tax is calculated in this way:
* Recalculated: The tax is recalculated on the prepayment using the invoice tax rate and the same tax rate is applied to the invoice line amount. The tax calculation creates two tax lines: one for the invoice line amount and one for the prepayment with a negative amount. In the invoice example, the calculation creates an invoice line amount tax line of 1,000 USD (10% * 10,000 USD) and a prepayment tax line of -
500 USD (10% * -5000 USD). This reverses tax calculated on the invoice for the prepayment amount applied. The tax calculated on the prepayment is retained.
* Prorated: Etc.
References: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAFTT/F1006655AN242EE.htm
NEW QUESTION: 2
A. A
B. CNAME
C. MX
D. SRV
Answer: B
NEW QUESTION: 3
You need to recommend a solution that meets the requirements for data storage for the NorthRide app.
What should you include in the recommendation?
A. Azure Service Bus
B. Azure Connect
C. Azure SQL Database
D. Azure Remote App
Answer: A
Explanation:
Explanation/Reference:
Service Bus queues are part of a broader Azure messaging infrastructure that supports queuing as well as publish/subscribe, Web service remoting, and integration patterns.
Service Bus Queue support Push-style API (while Azure Queue messaging does not).
Reference: https://msdn.microsoft.com/en-us/library/azure/hh767287.aspx
NEW QUESTION: 4
Which IBM solution helps clients monitor the user experience and track transactions?
A. IBM Application Performance Management
B. IBM Application Diagnostics
C. IBM Monitoring
D. IBM Business Service Manager
Answer: A
Explanation:
Explanation/Reference:
http://www.ibm.com/middleware/us-en/knowledge/it-service-management/application-performance- management.html
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