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Microsoft

MB3-701 · Question #35

Which condition must be met in order to void a receivables cash receipt?

The correct answer is A. The cash receipt must be in the open file. See the full explanation below for the reasoning.

Question

Which condition must be met in order to void a receivables cash receipt?

Options

  • AThe cash receipt must be in the open file.
  • BThe cash receipt must be fully applied to one or more invoices.
  • CThe cash receipt must not be posted.
  • DThe cash receipt must be on hold-

How the community answered

(69 responses)
  • A
    75% (52)
  • B
    3% (2)
  • C
    7% (5)
  • D
    14% (10)

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Full MB3-701 Practice