When adding a customer and using profile classes to organize the customer accounts, which three
options are true?
A.
Fusion Receivables assigns the profile class DEFAUIT when creating a customer account.
B.
Fusion Receivables assigns a DEFAULT profile class when creating an account site.
C.
Profile class updates and assignments are managed using effective date ranges.
D.
Updates applied to a particular account or site effect the profile class record.
E.
Receivables allows customized details of the profile class once the profile class has been assign to
an account or site.
F.
Receivable does NOT allow customization to the account profile information after it is assigned to
an account or site.
Explanation:
A: When you create a customer account, Oracle Fusion Receivables assigns the profile class
DEFAULT.
C: Profile class updates and assignments are managed using effective date ranges.
E: After you assign a profile class to an account or site, you can customize details of the profile class
to meet specific requirements for that account or site.
Incorrect answers:
B: When you create an account site, Receivables does not assign either the DEFAULT profile class or
the profile class of the customer account.Oracle Fusion Applications Financials Implementation Guide, Working with Profile Classes