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MB7-701 · Question #93

MB7-701 Question #93: Real Exam Question with Answer & Explanation

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Question

You have selected the Recurring Method of Reversing Fixed on a recurring journal line. The date that the journal is reversed is related to the Posting Date field on the journal line. On what date is the reversing entry posted?

Options

  • AThe Posting Date plus one month.
  • BThe date after the Posting Date on the journal line.
  • CThe same date as the Posting Date on the journal line.
  • DThe Posting Date plus the date formula in the Recurring Frequency field.

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