You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
Budgets have been configured and approved for the upcoming fiscal period.
You need to configure budget control. You need to configure the formula for the calculation of the remaining budget to
include draft or unposted documents.
On which tab in budget control can you configure the required setting?
C
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
Budgets have been configured and approved for the upcoming fiscal period.
You need to configure budget control to allow only specific users to post transactions that exceed the budget.
Which of the following should you configure?
C
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
A budget was configured at the start of the year for several large projects.
During the budget cycle, the company decides to start a new project.
You need to reallocate funds from the existing budget to the new project.
Which of the following budget codes should you use for the reallocation of the budget funds?
A
Your role of Systems Administrator includes the management of your companys Microsoft Dynamics 365 Finance system.
You are configuring fixed assets in Dynamics 365 Finance. You have configured fixed asset groups and defined the cost
threshold for an item to qualify as a fixed asset.
You need to configure the system to automatically identify purchases that qualify as fixed assets. If an item qualifies as a
fixed asset, it must be automatically added to the appropriate fixed asset group.
Which of the following should you configure?
C
Your role of Systems Administrator includes the management of your Prepaway companys Microsoft Dynamics 365 Finance
system.
Departmental managers need to be able to select different fiscal periods when configuring their budgets.
You need to configure the budgeting module to meet the requirements.
Which of the following should you configure?
A
You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
The company has several financial dimensions and an organizational hierarchy configured for budgeting.
You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the
data in a budget plan to accurately portray the projected amounts.
A budget plan has been configured at the top level in the hierarchy. The budget amounts from the top-level budget need to
be spread out across budget plans in lower-level dimensions for a more localized view.
Which of the following allocation methods meets the requirement?
B
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-planning-data-allocation
You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
The company has several financial dimensions and an organizational hierarchy configured for budgeting.
You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the
data in a budget plan to accurately portray the projected amounts.
Several budget plans have been configured at lower levels within the organization. You need to consolidate the lower level
budgets into a budget at a higher level within the organization.
Which of the following allocation methods meets the requirement?
A
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-planning-data-allocation
You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
The company has several financial dimensions and an organizational hierarchy configured for budgeting.
You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the
data in a budget plan to accurately portray the projected amounts.
You need to determine which allocation method to use to allocate budget plan lines from the source budget planning
scenario to lines in the destination scenario, based on the percentages and financial dimensions that are defined in a
selected budget allocation term.
Which of the following allocation methods meets the requirement?
C
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-planning-data-allocation
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
You need to configure a budget in Dynamics 365 Finance. The budget must include details about planned hours, expenses,
fees, and items.
Which of the following budget options should you configure?
C
You work as the Accounts Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting
system.
The company has sold a number of fixed assets.
You plan to enter the Fixed assets transactions in the Free text invoice page in Accounts Receivable.
For free text invoices, the fixed asset transaction type will be which of the following?
A