Microsoft MB7-701 Actual Free Exam Questions & Community Discussion
You need to ensure that users are prompted to confirm a payment discount before they post a short payment from a customer.
What steps do you need to take in the General Ledger Setup window?
What steps do you need to take in the General Ledger Setup window?
Correct Answer: B
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What amounts can you always view and analyze from the Analysis by Dimensions Matrix window?
Correct Answer: D
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A company requires a 10% prepayment for all new customers before shipping their orders. Which steps should you take to enable this?
Correct Answer: A
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You need to record maintenance costs using the fixed asset journal. Which field should you set?
Correct Answer: B
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When should you set the Appln. Between Currencies field in the Sales & Receivables Setup window to All?
Correct Answer: B
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An organization purchases an asset that consists of multiple components. The components have a different depreciation method and vendor.
You need to track the total costs of the asset.
What two actions should you perform? (Each correct answer presents part of the solution. Choose two.)
You need to track the total costs of the asset.
What two actions should you perform? (Each correct answer presents part of the solution. Choose two.)
Correct Answer: B,C
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A fixed asset with a book value of $1000 is depreciated to an expected salvage value of S100 in 48 time periods.
The depreciation amount must be the same each period.
Which depreciation method should you assign to the depreciation book?
The depreciation amount must be the same each period.
Which depreciation method should you assign to the depreciation book?
Correct Answer: C
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What is the main purpose of the Item Category Code field?
Correct Answer: C
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