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Vendor: GAQM
Exam Code: CPAM-001
Exam Name: Certified Professional Accountant Manager (CPAM)
Certification Provider: GAQM
Total Questions: 600 Q&A
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NEW QUESTION: 1
A retail company has outlets in multiple locations. Taxes vary depending on the location.
You need to configure the various components of the tax framework.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

1 - Set up main accounts and ledger posting groups for sales tax.
2 - Set up sales tax authorities and sales tax settlement periods.
3 - Set up sales tax codes.
4 - Set up sales tax groups and item sales tax groups.
5 - Set up sales tax parameters on the application parameter pages.