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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...
Does the solution meet the goal?
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 solution. After you...
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 are three uses for fiscal calendars?
An organization is setting up a 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...
Which terms match the definitions?
HOTSPOT A client plans to use the cost accounting module in Dynamics 365 for Finance and Operations. 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...
Which allocation method should you use?
A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements: - Distribute overhead utility expense to each department. - Define how and in what proportion the source amounts must be distributed on various destination lines. You need to configure...
Which system capability should you configure?
HOTSPOT You are implementing a Dynamics 365 for Finance and Operations General ledger module for a client that has multiple legal entities. The client has the following requirements: - Post journal entries for all companies from one legal entity. - Configure automatic creation of due to/due from transactions based on...
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...
A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definitions?
A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definitions?A . when financial dimensions need to default from the main account onto an invoiceB . when using encumbrance accounting for purchase ordersC . when the...
Does the solution meet the goal?
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a unique solution that might meet the stated goals. Some question setsmight have more than one correct solution, while others might not have a correct solution. After you answer a...
