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Exam MB-310 topic 1 question 102 discussion

Actual exam question from Microsoft's MB-310
Question #: 102
Topic #: 1
[All MB-310 Questions]

You are implementing Dynamics 365 Finance.

You commonly complete the sale of goods across international borders.

You need to configure the system.

What should you use?

  • A. bank statements
  • B. purchase agreement
  • C. letters of credit
  • D. promissory note
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Suggested Answer: C 🗳️
by [deleted] at Dec. 12, 2023, 7:46 a.m.

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globeearth
1 month, 3 weeks ago
Selected Answer: C
C. Letters of credit are commonly used in international trade to ensure secure payment between buyers and sellers in different countries. They provide a guarantee from a bank that the buyer's payment will be made to the seller, reducing the risk of non-payment D. Promissory note: This is a written promise to pay but lacks the bank-backed assurance required for international trade.
upvoted 2 times
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0521f7a
5 months, 2 weeks ago
Selected Answer: C
https://learn.microsoft.com/en-us/dynamics365/finance/cash-bank-management/letters-of-credit-import-collections
upvoted 1 times
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[Removed]
1 year ago
correct https://learn.microsoft.com/en-us/dynamics365/finance/cash-bank-management/letters-of-credit
upvoted 2 times
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