Microsoft
MB7-701 · Question #43
Which two statements about fixed assets insurance are true? (Each correct answer presents a complete solution. Choose two.)
The correct answer is A. Depreciation books and insurance depreciation books are identical. D. Running the Insurance-Uninsured FAs report creates a list of fixed assets that are not covered. See the full explanation below for the reasoning.
Question
Which two statements about fixed assets insurance are true? (Each correct answer presents a complete solution. Choose two.)
Options
- ADepreciation books and insurance depreciation books are identical.
- BEach insurance card must be linked to a predefined insurance type.
- CThe posting fields on each insurance card must be populated before posting to a G/L.
- DRunning the Insurance-Uninsured FAs report creates a list of fixed assets that are not covered
How the community answered
(44 responses)- A80% (35)
- B16% (7)
- C5% (2)
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