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MB7-701 · Question #43

MB7-701 Question #43: Real Exam Question with Answer & Explanation

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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

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