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NEW QUESTION: 1
A company has implemented a flat interest calculation late charges. Determine the late charge based on:
-Amount Overdue = $1,500 -Interest Rate = 20% -Days Overdue = 10 -Days in period = 30 -Outstanding Charges = $80
A. $100
B. $1,580
C. $105.33
D. $300
Answer: A
Explanation:
Oracle Fusion Receivables uses the active interest tier and charge schedule values to calculate late charges using the Simple calculation formula.
The Simple calculation formula is the amount overdue multiplied by the rate and days overdue in the period:
Amount Overdue * (Interest Rate/100) * (Number of Days Late/Number of Days in Period)
Here: 1500* 0.2 * (10/30)=100
Example:
This table provides an example of a charge schedule with four interest tier periods, each with an
assigned interest rate.
Days Overdue Tiers
Interest Rate
1-30 days
2%
31-45 days
3%
46-60 days
4%
Over 60 days
5%
In this example:
An invoice for $1,000 is 45 days overdue.
There are 30 days in the billing period.
The late charges are calculated as follows:
$1,000 * (3/100) * (45/30) = $45
After an additional 15 days (60 days overdue), the late charges are calculated as follows:
$1,000 * (4/100) * (60/30) = $80
Reference: Fusion Applications help,
NEW QUESTION: 2
Which HP SIM feature can be implemented to meet a customer's request for multi-level secured access?
A. built-in accounts
B. proprietary transport protocols
C. preconfigured trusts
D. role-based associations
Answer: A,D
NEW QUESTION: 3
A novice user is trying to change the password on a Linux system. The user is attempting to use command
line functions. Which of the following commands should be used?
A. passwd
B. chown
C. pwd
D. chmod
Answer: A
Explanation:
Explanation/Reference:
Reference: https://www.cyberciti.biz/faq/linux-set-change-password-how-to/
NEW QUESTION: 4
After the FusionCompute system restarts, the status of the business virtual machine is abnormal. What is the impossible reason?
A. Too many FusionCompute service virtual machines and insufficient CPU resources
B. After FusionCompute is restarted, the virtual machine is performing a backup task of the entire machine, but the task is not completed
C. The disk has bad sectors and causes the virtual machine files to be lost
D. Power on the CNA host first, then power on the IP-SAN storage, resulting in abnormal data storage
Answer: D
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