MB7-701

rsecog

You create a purchase order.The work date is October 25, the order date is October 29, the document
date is November 2, and the posting date is November 3.Payment terms are 14D.Which date is the due
date?
A.November 8
B.November 12
C.November 15
D.November 17

The correct day is 16!
In this case, what is the correct answer?

manivino_mv

Hi,

All r wrong The ans id Nov 16. it ll calculate from document date

Due date = document date + Payment Terms code



Regards,
Mani

rsecog

You need to set a purchase quote limit for an employee.
Which Limit Type should you select in the Approval Templates window?

A. Credit Limits
B. Request Limits
C. No Limits
D. Approval Limits

According to the test of examination, the correct answer is C

I think it is erroneous, the correct answer is B

?

lagiac83

Absolutely B

Request Limits: This limit applies to purchase quotes only. By using the Purchase Request Limit in combination with the Request Amount Approval Limit field in the Approval User Setup window, you can set up a purchase request process for internal purchases in the company. When you send a purchase quote for approval, approval entries for your approvers are created.

divyaseekunta

Hello,

Do you have any practice tests for the exam?

Thanks,
Divya