Which of the following is not a valid receipt status
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A. Approved
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B. Remitted
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C. Pending for Approval
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D. Cleared
Valid receipt statuses in Oracle Receivables include Approved (remittance approval), Remitted (sent to bank), Cleared (bank reconciliation), and others like Unidentified, Confirmed, etc. 'Pending for Approval' is NOT a valid system status name - the correct term would be simply 'Pending' or a specific workflow status. The question asks for the invalid status, making C the correct answer.
Standard Oracle Receivables receipt statuses include Approved, Remitted, and Cleared (along with others like Reversed and NSF), reflecting stages in the receipt-to-bank lifecycle. 'Pending for Approval' is not one of the seeded receipt statuses in Receivables — approval workflows exist elsewhere in the system, but the receipt status list itself doesn't include this value.