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Which among the following are the valid Invoice Types?

  1. A. QuickMatch

  2. B. Prepayment Invoice

  3. C. Mixed

  4. D. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

All the listed types are valid invoice types in Oracle Accounts Payable: QuickMatch invoices (matched to POs), Prepayment invoices (advance payments), and Mixed invoices (combining multiple types). Therefore 'All of the above' is the correct answer. Each type serves different business needs in the procure-to-pay process.

AI explanation

In Oracle Payables, the standard Invoice Type field values include Standard, Credit Memo, Debit Memo, Prepayment, Mixed, PO Default, and QuickMatch. QuickMatch is indeed a valid invoice type entered in the Invoice Workbench when you want to match an invoice to all shipments on a purchase order — Payables auto-populates supplier and PO details and matches every shipment line. Prepayment Invoice records an advance payment to a supplier/employee, and Mixed allows either positive or negative matching to a PO or another invoice. Since all three listed options (QuickMatch, Prepayment Invoice, Mixed) are genuine Oracle Payables invoice types, 'All of the above' is the correct answer.

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