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NEW QUESTION: 1
You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.
Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?
A. A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 2, 2015.
B. A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as February 28, 2015.
C. A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 30, 2015.
D. Two Bills Receivable transactions are created with maturity dates as March 30, 2015 and April 1, 2015.
E. Two Bills Receivable transactions are created with the issue date and accounting date as January 29, 2015 and January 31, 2015, respectively.
F. Two Bills Receivable transactions are created with the issue dates as January 29, 2015 and January 31, 2015.
Answer: D

NEW QUESTION: 2

Answer:
Explanation:
D

NEW QUESTION: 3
System testing is:
A. The responsibility of the users of a system.
B. Triggered by modifications, migration or retirement of the software system.
C. Concerned with the behavior of a whole system/product as defined by the scope of a development
project.
D. Used to search for defects in software modules that are separately testable.
Answer: C