• Description: NAV 5.0 Financials
• Passing Score: 75%
• Practice Test - Number of questions: 80 questions
• Simulation Test - Number of questions: 80 questions
• Simulation Test Duration: 90 minutes
• Has explanations: No

In regard to applying entries after posting, which of the following statements is TRUE?

Answer(s)

1. If you select a payment or refund as the applying entry, the program will not include paymentdiscount information when calculating the payment or refund amount.
2. You can post the application without specifying an Applying Entry.
3. If the application does not balance, the journal will not post
4. It is strongly recommended that you only include one entry with Document Type = Payment orRefund when you apply already-posted entries.

It is strongly recommended that you only include one entry with Document Type = Payment orRefund when you apply already-posted entries.