MB6-702 · Question #19
You are entering a customer sales order that has two lines: one line for item A and one line for item B. The following statements are necessary to calculate sales tax for the sales order: - The…
The correct answer is A. The line with item B is calculated based on sales tax codes ST1 and ST3. D. The line with item A is calculated based on sales tax codes ST1 and ST2. Transactions that are subject to sales taxes must be associated with both a sales tax group and an item sales tax group. Sales tax is calculated only for the sales tax codes that are included in both the sales tax group and the item sales tax group.
Question
You are entering a customer sales order that has two lines: one line for item A and one line for item B. The following statements are necessary to calculate sales tax for the sales order:
- The sales tax group linked to the customer includes sales tax codes
ST1,ST2, ST3, and ST4.
- The item sales tax group linked to item A includes sales tax codes
ST1, ST2, and ST5.
- The item sales tax group linked to item B includes sales tax codes
ST1, ST3, and ST5. You need to calculate sales taxes for each of the sales order lines. Which two statements describe how sales taxes are calculated for the sales order? Each correct answer presents part of the solution.
Options
- AThe line with item B is calculated based on sales tax codes ST1 and ST3.
- BThe line with item B is calculated based on sales tax codes ST1, ST3, and ST5.
- CThe line with item A is calculated based on sales tax codes ST1, ST2, and ST5.
- DThe line with item A is calculated based on sales tax codes ST1 and ST2.
How the community answered
(28 responses)- A82% (23)
- B7% (2)
- C11% (3)
Explanation
Transactions that are subject to sales taxes must be associated with both a sales tax group and an item sales tax group. Sales tax is calculated only for the sales tax codes that are included in both the sales tax group and the item sales tax group.
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