What is the two - predefined encumbrance types in Purchasing
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Requisition Encumbrance and PO Encumbrance
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PO Encumbrance and Blanket releases Encumbrance
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PO Encumbrance and Blanket Agreement Encumbrance
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PO Encumbrance and Contract Agreement Encumbrance
The two predefined encumbrance types in Oracle Purchasing are Requisition Encumbrance (reserves funds when requisition is approved) and PO Encumbrance (reserves funds when PO is approved). Options B, C, and D incorrectly reference Blanket releases, Blanket Agreement, and Contract Agreement - none of these are predefined encumbrance types.
Oracle Purchasing ships with two predefined encumbrance types: Requisition Encumbrance, which reserves funds when a requisition is approved, and PO Encumbrance, which re-reserves (or adjusts) funds when the purchase order is approved. Blanket releases and Contract Agreements don't have their own separate predefined encumbrance types beyond these two.