Free 1Z0-1056-23 Web TestEngine Demo

Q13 Single choice

You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%.The customer has made a payment of $500 USD and you are required to process the cash application to apply the $500 USD to the item line and $0 USD to tax.

How would you achieve this?

A
Set the credit classification revenue recognition policy to look for Line First and Tax Later.
B
Create a Memo Line or receivable activity to have the check box selected for Apply Item Line First.
C
Set Application Rule Set to Line First--Tax After at the transaction type level and/or a default value at system options.
D
Set Application Rule Set to Line First--Tax After at the transaction source level and/or a default value at the receipt method.
E
Set the payment terms revenue recognition policy to look for Line First and Tax Later.

1Z0-1056-23 Web TestEngine demo