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Exam Code: IIBA-AAC

Exam Name: IIBA Agile Analysis Certification

Certification Provider: IIBA

Related Certification: IIBA Agile Analysis Certification

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NEW QUESTION: 1
An installment for $1,000 USD is due for payment on January 10, 2019. The installment has two discounts: the first discount date is December 5, 2018 for $150 USD and the second discount date is December 20, 2018 for $50 USD. The Pay Date Basis on the supplier site is Discount.
You submit a Payment Process Request with the following criteria:
Payment Date = December 5, 2018
Pay Through Date = December 25, 2018
Date Basis = Pay Date
Always Take Discount option is enabled
What will be the resulting status of the installment and discount?
A. The installment is selected and a discount of $200 USD ($150 + $50) is applied.
B. The installment is selected and a discount of $150 USD is applied because the Always Take Discount option was enabled.
C. The installment is selected and a discount of $50 USD (the second discount) is applied.
D. The installment is not selected because the first discount date is before the Pay Through Date.
E. The installment is selected but no discount is applied because the payment date is after the discount dates.
Answer: B
Explanation:
Discount Taken Amount is 150 USD. Although the Payment Date is after the discount dates, the first discount is taken because the option Always take discount is enabled.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011879AN17393.ht


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