Discuss Microsoft MB-330 Exam Topic 4 Question 18

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

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A company has an agreement to pay royalties to a third party for use of their logo.

A royalty contract must be setup so that the third party paid monthly. The payment is based on invoiced sales.

You need to create a royalty contract and create monthly Accounts payable to the third party.

Solution: Create a royalty claim in Accounts receivable. Set up the third party as a customer to be paid royalties for use of the logo.

Does the solution meet the goal?

Ayes

BNo

Suggested Answer: B

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15 comments · newest first

Christiane 12 months ago

I’m surprised this is even an option, sounds confusing!

Francisca 1 year ago

I thought royalties were always paid out, not invoiced.

Charlena 1 year ago

Wait, are we really setting up a customer for this? Seems off.

Leontine 1 year ago

Totally agree, it should be in Accounts payable, not receivable!

Truman 1 year ago

This doesn't seem right, royalties should go in Accounts payable.

Rutha 1 year ago

I feel like the solution is incorrect. We should be setting up the third party as a vendor, not a customer, based on the payment structure.

Gertude 1 year ago

I remember a similar practice question where we had to set up payments for a vendor, and it was crucial to use the right accounts.

Kris 1 year ago

I think the solution might not meet the goal because it mentions Accounts receivable instead of Accounts payable.

Margarita 1 year ago

I'm a bit uncertain about this one. If we're paying royalties, shouldn't we be creating a payable instead of a receivable?

Lakeesha 1 year ago

Okay, let me think this through. The key has to be kept separate from the data, that makes sense. And multi-factor authentication is always a good security practice. I'm leaning towards A or B, but I'll have to weigh the options carefully.

Gracia 1 year ago

Hmm, I'm a bit unsure about this one. The options seem pretty similar, and I'm not sure I fully understand the difference between a strategic and reactive approach. I'll need to think this through carefully.

Lavonna 1 year ago

Hmm, I'm not sure about this one. I know the Privacy Shield was an agreement between the EU and US, but I don't think it applies to Asia. Maybe the Binding Corporate Rules could work, but I'm not totally sure.

Mertie 1 year ago

I'm not entirely sure, but I remember reading something about charities focusing on their mission and not profit like paying dividends.

Ngoc 1 year ago

This is tricky! I see he spends 8% on himself, so I'll first figure out the total monthly expenses and then project them over Jennifer's expected lifetime.

Matthew 1 year ago

This situation reminds me of that one practice scenario we worked through about network testing tools. I feel like option C could be a strong choice, but I'm not 100% certain.

Microsoft MB-330 Exam - Topic 4 Question 18 Discussion