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Microsoft Exam MB-800 Topic 1 Question 57 Discussion

Actual exam question for Microsoft's MB-800 exam
Question #: 57
Topic #: 1
[All MB-800 Questions]

A company uses the average costing method and inventory periods. Automatic Cost Posting is not enabled.

You close the inventory period for July 2020. You set the value of the Allow Posting From field in General Ledger Setup to August 1, 2020.

You receive and post a purchase invoice for freight charges on August 8, 2020 against a purchase invoice that was posted on July 15, 2020. You run the Adjust cost -- Item entries batch job for August.

You need to identify the adjustment entry related to July after running the batch job.

Which date is automatically selected for the value entry by batch job?

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Suggested Answer: A, D

by Penney at Nov 23, 2023, 10:45 AM

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Ma
6 days ago
The batch job will automatically select the July 15, 2020 date for the value entry, since that's the date of the original purchase invoice being adjusted. This makes perfect sense to me.
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Audra
6 days ago
I'm not sure about that. I think the batch job would select the date of August 8, 2020 since that's when the freight charges were posted.
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Mabel
7 days ago
I agree with Tommy. The adjustment entry related to July should be based on the July 15, 2020 purchase invoice.
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Tommy
10 days ago
I think the date selected would be July 15, 2020.
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