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MB7-701 · Question #94

MB7-701 Question #94: Real Exam Question with Answer & Explanation

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Question

To set up payment tolerance for vendors, you can add and assign specific G/L accounts to the Vendor Posting Groups. If you do not use payment tolerance for all vendors, what additional steps do you complete to set up payment tolerance? Choose the 2 that apply.

Options

  • AIn Purchases & Payables Setup, specify the Payment Tolerance Percents and Maximum Amounts.
  • BSelect the Block Payment Tolerance check box on selected vendors.
  • CSelect the Enable Payment Tolerance check box on selected vendors.
  • DIn General Ledger Setup, specify the Payment Tolerance Percents and Maximum Amounts.

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