Free 1Z0-518 Web TestEngine Demo

Q16 Single choice

The client entered a miscellaneous receipt by mistake; it was posted to General Ledger. Now the miscellaneous receipt needs to be reversed.

Which method would you advise the client to use?

A
Carry out a standard reversal of the miscellaneous receipt.
B
Carry out a debit memo reversal of the miscellaneous receipt.
C
Create a receivable activity adjustment for the reversal of the miscellaneous receipt.
D
Create an adjustment in receivables for the reversal of the effect of the miscellaneous receipt.
E
Create a journal entry in General Ledger to reverse the accounting impact created by the posting of the miscellaneous receipt.

1Z0-518 Web TestEngine demo