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A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States
HOTSPOT A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States. You are viewing a vendor master data record on the 1099 FastTab. Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic....
Does the solution meet the goal?
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen. A company is preparing to complete yearly budgets. The company plans to use the Budget module in Dynamics 365 for Finance...
Does the solution meet the goal?
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen. A company is preparing to complete yearly budgets. The company plans to use-pie Budget module in Dynamics 365 for Finance and...
In which order should you perform the actions?
DRAG DROP You are a Dynamics 365 Finance and Operations functional consultant A legal entity processes and settles vendor payments: on behalf of other legal entities in an organization. You need to configure the centralized payment flow for the legal entity. In which order should you perform the actions? to...
What are three uses for fiscal calendars?
An organization is setting up cost accounting. You need to set up fiscal calendars for Dynamics 365 for Finance and Operations. What are three uses for fiscal calendars? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.A . standard work hoursB . financial transactionsC...
For which purpose should you use each costing type?
HOTSPOT A food manufacturer uses commodities such as beans, corn, and chili peppers as raw materials. The prices of the commodities fluctuate frequently. The manufacturer wants to use cost versions to simulate these fluctuations. You need to set up cost versions and prices to accomplish the manufacturer's goal. For which...
Which three settings must you configure?
A legal entity has locations and customers in multiple states within the United States. You need to ensure that taxable customers are charged sales tax for taxable items in their delivery location. Which three settings must you configure? Each correct answer presents part of the solution. NOTE: Each correct selection...
What should you do?
An organization uses Dynamics 365 for Finance and Operations. Several posted journal entries contain invalid main account and dimension combinations. This leads to incorrect financial reporting. You need to prevent these invalid combinations. What should you do?A . Associate the correct main accounts to that financial dimension on the financial...
What should you do?
A public sector company is configuring encumbrance for managing capital budgets. The finance department needs to configure posting definitions for bank transactions. You need to configure Dynamics 365 for Finance and Operations for cash settlements. What should you do?A . Configure general ledger year-end close.B . Configure combined deposit amounts.C...
Which three configurations must you use?
A company is preparing to complete a year-end close process. You need to configure the Dynamics 365 for Finance and Operations General ledger module. Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.A . Configure the Fiscal...
