Pass4sure MB3-701 Question Answer

You set up a National Account.
Which two are true? (Select two.)

A. Individual sales summary and demographic information about both the parent customer and the associated child customers are retained in Dynamics tables.
B. You can combine all sales transaction activity for both the parent customer and associated child customers into one statement.
C. You can enter a cash receipt for the child customer and apply the receipt to the parent customer.
D. If you delete the parent customer, the associated child customers are deleted also.

Answer: A, B                                                       

You enter a transaction in the Receivables module. You need to apply the entry to a Receivables
document that was posted previously.
Which two document types should you use? (Select two.)

A. Credit Memos.
B. Warranties.
C. Returns.
D. Debit Memos.

Answer: A, C