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MB3-701 · Question #60

MB3-701 Question #60: Real Exam Question with Answer & Explanation

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Question

In Account Maintenance, what is the purpose of Posting Type?

Options

  • ADetermines which account category can be assigned to the account.
  • BDetermines when the account balance will print in brackets on a report.
  • CDetermines whether or not the balance in the account is a debit or a credit.
  • DDetermines which accounts are closed to retained earnings at the end of the fiscal year.

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