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NO.1 Which type of transactions require a bank transaction type to be set up on the Cash and bank
management
parameters form?
A. Vendor payment transactions
B. Non-sufficient fund transactions
C. Bank reconciliation transactions
D. Bank fee transactions
Answer: B

MB6-702 answers real questions   MB6-702 Exam Questions   
Explanation:
Field: NSF
Select the bank transaction type that is used for not sufficient funds (NSF).
Reference: Cash and bank management parameters (form) [AX 2012]

NO.2 Your company uses two-way matching to create vendor invoices.
Which elements are used in the two-way matching process?
A. Invoice total amount and the total amount on the purchase order
B. Price information on the invoice and price information on the purchase order
C. Quantity ordered on the purchase order and quantity invoiced
D. Quantity received and quantity invoiced
Answer: B

MB6-702 study guide   
Explanation:
Two-way matching - Match the price information on the invoice to the price information on the
purchase order.
Reference: About Accounts payable invoice matching [AX 2012]