Microsoft
MB7-701 · Question #88
Which two statements are true about fixed asset (FA) journals? (Each correct answer presents a complete solution. Choose two.)
The correct answer is B. A manually calculated depreciation for a fixed asset is entered using the FA G/L journal. C. A calculated depreciation for a fixed asset is entered using the FA journal. See the full explanation below for the reasoning.
Question
Which two statements are true about fixed asset (FA) journals? (Each correct answer presents a complete solution. Choose two.)
Options
- AFixed assets depreciation is automatically posted using the Calculate Depreciation batch job.
- BA manually calculated depreciation for a fixed asset is entered using the FA G/L journal.
- CA calculated depreciation for a fixed asset is entered using the FA journal.
- DGeneral ledger entries based on fixed asset ledger entries are only created when using the
How the community answered
(42 responses)- A17% (7)
- B76% (32)
- D7% (3)
Community Discussion
No community discussion yet for this question.