Which terms match the definitions?

HOTSPOT A client plans to use the cost accounting module in Dynamics 365 Finance. You need to associate the correct definitions to the correct cost accounting concepts. Which terms match the definitions? To answer, select the appropriate configuration in the answer area. NOTE: Each correct selection is worth one point....

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Which three actions should you perform in sequence?

DRAG DROP You are configuring a Dynamics 365 Finance environment for intercompany accounting. You create the following legal entities: - CompanyA - CompanyB You need to configure intercompany accounting for both legal entities. Which three actions should you perform in sequence? To answer, move the appropriate actions from the list...

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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...

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Which three configuration processes should you use?

You are a Dynamics 365 Finance expert for an organization. You need to configure the Financial period close workspace. Which three configuration processes should you use? Each correct answer presents a part of the solution. NOTE: Each correct selection is worth one point,A . Create templates that contain the required...

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What are three uses for fiscal calendars?

An organization is setting up a cost accounting. You need to set up fiscal calendars for Dynamics 365 Finance. 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 . fixed...

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Does the solution meet the goal?

Question Set 1 Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct...

July 12, 2020 No Comments READ MORE +

A client wants to ensure that transactions posted to the General Ledger have the correct combination of account number and dimensions

HOTSPOT A client wants to ensure that transactions posted to the General Ledger have the correct combination of account number and dimensions. The Services Industry P&L Account Structure has the following information: Use the drop-down menus to select the answer choice that answers each question based on the information presented...

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Which three configurations must you use?

A company is preparing to complete a year-end close process. You need to configure the Dynamics 365 Finance 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 year close parametersB...

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Which three actions can you perform?

You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts. The company wants to import their bank statements. You need to import electronic bank statements to reconcile the bank accounts. Which three actions can you perform? Each correct answer presents a complete solution. NOTE: Each...

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Which component maps to the cost accounting terminology?

DRAG DROP You are a controller in an organization. You are identifying cost drivers to see how changes in business activities affect the bottom line of your organization. You need to assess cost object performance to analyze actual versus budgeted cost and how resources are consumed. You need to demonstrate...

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