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NEW QUESTION 37
A company uses Dynamics 365 Finance to manage budgets.
You need to reallocate funds during the year.
Which budget code should you use?
- A. Transfer
- B. Pre-encumbrance
- C. Carry-forward
- D. Zero-based
Answer: A
Explanation:
Explanation/Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/basic-budgeting-overview-configuration
NEW QUESTION 38
A company sells goods to a customer. You enter an invoice for the customer on June 25. The invoice is eligible for a cash discount of two percent if it is paid in five days and a discount of one percent if it is paid in 14 days.
You need to create a payment journal when the invoices are settled on specific dates.
Which setup options should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
**Answer: **
Explanation:
NEW QUESTION 39
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 invoice
- B. when creating one offset ledger entry based on transaction type
- C. when using encumbrance accounting for purchase orders
- D. when the system needs to automatically post a transaction to the accounts receivable account on invoice
posting
Answer: C
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/posting-definitions
NEW QUESTION 40
You are a Dynamics 365 Finance consultant. You plan to configure the allocation base, cost behavior, and cost distribution.
Which three actions do these configurations accomplish? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
- A. Spread the balance of the cost from one cost object to one or more other cost objects by applying a relevant allocation base.
- B. Control which journals can be used in the costing process.
- C. Measure and quantify activities, such as machine hours that are used, kilowatt hours that are consumed, or square footage that is occupied.
- D. Spread costs from one cost object to one or more other cost objects by applying a relevant allocation base.
- E. Classify costs according to their behavior in relation to changes in key business activities.
Answer: C,D,E
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting
NEW QUESTION 41
……
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