Microsoft
MB3-701 · Question #15
MB3-701 Question #15: Real Exam Question with Answer & Explanation
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Question
You process the year end close for the Fixed Assets corporate book. Which two statements are true? (Each correct answer presents a complete solution. Choose two.)
Options
- AYou must manually update the fiscal year for your corporate book to the next year.
- BThe Cost Basis amount is copied to the Begin Cost field for each asset in the book.
- CA year end General Ledger entry is created automatically for each asset in the book.
- DThe fiscal year for your corporate book is set automatically to the next year.
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