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NEW QUESTION: 1
Which of the Following statements about automatic payment are correct? (Choose Three)
A. Direct debiting or bank collection can be used in automatic payment procedures to clear customer invoices
B. Open items posted to G/L accounts can be cleared using the payment program
C. The payment program can pay vendor invoices using wire transfers and checks
D. Special G/L transactions(down payment)can be posted using the payment program
E. In automatic payment procedures, all incoming invoices as of the second dunning level are paid automatically
Answer: A,C,D

NEW QUESTION: 2
Changes are required in ERP if the extension scenario includes which of the following?
There are 2 correct answers to this question.
Response:
A. Extending Redeploy iFlow
B. Include Extension Fields IDoc WSDL
C. Extending the IDOC with extended fields
D. Adding fields to ERP
Answer: C,D

NEW QUESTION: 3
A seller's price is below an appropriate measure of casts. Moreover, the seller has a reasonable prospect of recovering the resulting loss in the future through higher prices or a greater market share. Accordingly, the seller has engaged in:
A. Price discrimination.
B. Collusive pricing.
C. Predatory pricing.
D. Dumping.
Answer: C
Explanation:
Predatory pricing is intentionally pricing below cost to eliminate competition and reduce supply. Federal statutes and many state laws prohibit the practice. The U.S. Supreme Court has held that pricing is predatory when two conditions are met: 1) the seller's price is below an appropriate measure of its costs," and 2) it has a reasonable prospect of
recovering the resulting IOSS through higher prices or greater market share.


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MLO Exam Info

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MLO Exam Topics

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MLO Offcial Page

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Check what resources you have available for studying.

Schedule the MLO Exam

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