Microsoft

MB6-885 · Question #74

For what reason should you assign a 1099-C indicator to a customer in Microsoft Dynamics AX 2012?

The correct answer is D. To indicate a debt write-off of non-federal accounts receivables. See the full explanation below for the reasoning.

Question

For what reason should you assign a 1099-C indicator to a customer in Microsoft Dynamics AX 2012?

Options

ATo indicate that the customer is a government agency.
BTo report interest income the customer paid to you.
CTo identify an agency accounting location or regional financial office in accounting reports and
DTo indicate a debt write-off of non-federal accounts receivables.

How the community answered

(29 responses)

A
10% (3)
B
3% (1)
C
3% (1)
D
83% (24)

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