You need to acquire a fixed asset by using a purchase order. Which two actions must be completed on the Fixed assets parameters form to achieve this goal? Each correct answer presents part of the…

Question

Options

• ASet up a number sequence for purchasing.
• BSet parameters to allow the asset acquisition from purchasing.
• CSet fixed asset parameters to restrict the asset acquisition posting to a user group.
• DSet fixed asset parameters to create the asset during product receipt or invoice posting.

• A
  8% (5)
• B
  75% (45)
• C
  17% (10)

Explanation

B: * Field: Allow asset acquisition from Purchasing Select this check box to post a fixed asset acquisition transaction when a vendor invoice that includes a new or existing fixed asset is posted. D: Field: Check for fixed assets creation during line entry Select this check box to verify that a fixed asset is eligible based on existing fixed asset rules. If this option is selected, the fixed asset group is set on the purchase order line, according to the defined fixed asset rules, when the purchase order line is created. * Field: Create asset during product receipt or invoice posting Select this check box to create a new fixed asset when you post a product receipt, or when you post a vendor invoice if the fixed asset was not created when you posted the product receipt. Note: If you clear this field, a fixed asset must exist in the Fixed assets form before you can

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