Microsoft
MB-330 · Question #68
A company uses Dynamics 365 Finance. The finance department processes royalty claims using the accounts payable module. You need to pass the claims to the accounts payable group for payment. Which…
The correct answer is A. A Royalty accrual journal posting reverses the previous interim postings for accrual and expense B. A credit is posted to the vendor's payable account. D. A new vendor invoice for the royalty is created and posted. https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/royalty-contract
Implement and manage supply chain processes
Question
A company uses Dynamics 365 Finance. The finance department processes royalty claims using the accounts payable module. You need to pass the claims to the accounts payable group for payment. Which three events will occur? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
Options
- AA Royalty accrual journal posting reverses the previous interim postings for accrual and expense
- BA credit is posted to the vendor's payable account.
- CA vendor invoice for the royalty payment is set to draft.
- DA new vendor invoice for the royalty is created and posted.
- EA hold is put on the amounts held in the royalty fees account.
How the community answered
(24 responses)- A67% (16)
- C21% (5)
- E13% (3)
Explanation
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/royalty-contract
Topics
#royalty management#accounts payable#royalty accrual#vendor invoicing
Community Discussion
No community discussion yet for this question.