Microsoft Dynamics 365 for Distribution and Trade (legacy) — Question 10

You establish a new installment plan for purchases greater than $2.500.00 that allows customers to pay the balance due over 12 months.
You need to set up the new payment method.
Which two parameters should you configure? Each correct answer presents part of the solution.

Answer options

• A. Payment term
• B. Adjustment method
• C. Payment schedule
• D. Payment day

Correct answer: A, D

Explanation

The correct answers are A and D because the Payment term defines the duration of the installment plan, while the Payment day specifies when payments are due each month. The Adjustment method and Payment schedule are not directly related to establishing the installment plan parameters.