Microsoft MS-102 Q&A - in .pdf

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  • Exam Code: MS-102
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NEW QUESTION: 1
_____________ loans allow the consumer to repay a loan over a set period. They require periodic principal and interest payments The loan is generally secured by the item being purchased. Automobile loans or real estate mortgage loans are common types of such types of loans.
A. Installment loans
B. Consumer loans
C. Residential loans
D. Asset-based loans
Answer: A

NEW QUESTION: 2

A. Option C
B. Option D
C. Option A
D. Option B
Answer: D
Explanation:
Field: Settle period
Select the standard interval between the due date for payments to vendors in the selected vendor group, defined by
the terms of payment, and the date on which the payments are drawn from your bank account. The interval is
typically a number of days.
The settle period is used for liquidity calculations that are based on the cash flow forecast.
Reference: Vendor groups (form) [AX 2012]

NEW QUESTION: 3
Why do trusts established in certain offshore jurisdictions make good vehicles to launder money?
A. Trusts are typically set up to minimize taxes
B. Offshore jurisdictions are unfamiliar with trusts
C. Trusts may hold asset of significant size
D. Names of the settlor and beneficiaries are not publicly available
Answer: C

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