You are creating payment terms. A company processes standard vendor payments on the seventh day of the next month. You need to set up payment terms for the vendor. Which date formula should you use?
The correct answer is D.
The date formula CM+7D means "the end of the current month plus 7 days." This is the correct formula to use for a company that processes standard vendor payments on the seventh day of the next month.
Here is a more detailed analysis on the "Date Formula" values... We can see that '<CM>' means the <end of the current month> for example:
https://community.dynamics.com/business/b/that-nav-guy/posts/date-formula-in-business-central
that is only right for invoices posted on the first. 1M+7D could also be seen as 30 Days (1M) + 7 Days. Hence if you use your 1M+7D the invoice will always become billable in 37Days not the 7th next month.
Also if you post any invoice in Feb you will be wrong no matter what
In my point of view all the options are not correct. The Answer should be D7, as per below explanation from Microsoft
The following example shows how to use a time unit and a number.
Expression Meaning
D10 The next 10th day of a month
D7 would means The next 7th day of a month not of next month and the question is asked to assign 7th day of next month so the right answer would be CM+7D. Therefore correct answer is Option D.
This answer is wrong the correct option is B. here is my prove, a copied text from the docs for your perusal, find below. T for Thanks One love from Nigeria
The following example shows how you can combine these three forms as needed.
Expression Meaning
CM+10D Current month + 10 days
CM + 7D is correct. It calculates the 7th day after the current month (month that it is booked) as the payment date
upvoted 2 times
...
This section is not available anymore. Please use the main Exam Page.MB-800 Exam Questions
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
akash_shukla24
Highly Voted 3 years agoGuriKaur
2 years, 12 months agoGuriKaur
2 years, 12 months agogursimran_s
1 year, 11 months agomanipa7el
2 years, 7 months agoccexam
2 years, 12 months agoDanSen
Most Recent 5 months, 1 week agoNereluli
11 months, 2 weeks agoivanrlg
11 months, 3 weeks agoDjanck
1 year agoNA1926
1 year agoKelvin97
1 year, 3 months agoElmar31
9 months, 3 weeks agoluckyshabir
1 year, 11 months agoSHKhan
1 year, 4 months agoAndriWianto
2 years, 4 months agoBlaqAkan
2 years, 5 months agoMohratus
2 years, 6 months ago