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Microsoft Exam MB-310 Topic 3 Question 99 Discussion

Actual exam question for Microsoft's MB-310 exam
Question #: 99
Topic #: 3
[All MB-310 Questions]

You maintain account control and bank balances for a company. You have a $100,000 credit limit from a bank. You must prevent the bank account from going below the defined credit limit when a transaction is posted. You need to configure the bank account credit limit. What should you do?

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Suggested Answer: D

by Trevor at Jul 12, 2024, 05:19 PM

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Isadora
2 months ago
D) Add -$100,000 in the bank credit limit. Wait, what? Negative limits? Is this some kind of bank magic trick?
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Jannette
24 hours ago
Marylyn: Exactly, it's a way to prevent overdrafts on the account.
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Lynelle
2 days ago
That makes sense. It ensures the bank account doesn't go below the defined credit limit.
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Marylyn
6 days ago
Marylyn is right. You should set the Control Balance option to credit in the General ledger account.
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Camellia
1 months ago
No, you don't add a negative amount to the credit limit.
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Jennifer
2 months ago
C) Set the Control Balance option to credit in the General ledger account associated with the bank account. Boom, got it! Easy peasy.
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Hollis
1 months ago
Yeah, you just need to set the Control Balance option to credit in the General ledger account.
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Taryn
1 months ago
User 1: Did you figure out how to configure the bank account credit limit?
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Gail
2 months ago
I see your point, setting the Control Balance option to credit is the best choice.
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Henriette
2 months ago
I don't think so, because that would increase the credit limit, not prevent it from going below.
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Sabine
2 months ago
But wouldn't adding $100,000 in the bank credit limit also work?
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Gail
2 months ago
I agree with Henriette, setting the Control Balance option to credit makes sense.
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Tiara
2 months ago
A) Add $100,000 in the bank credit limit. Duh, it's right there in the question! How hard can this be?
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Brynn
1 months ago
D) Add -$100,000 in the bank credit limit.
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Eva
2 months ago
A) Add $100,000 in the bank credit limit. Duh, it's right there in the question! How hard can this be?
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In
2 months ago
C) Set the Control Balance option to credit in the General ledger account associated with the bank account.
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Jani
2 months ago
B) Define a credit limit of $100,000 on the invoicing vendor account.
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Henriette
2 months ago
I think the answer is C.
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