Microsoft Dynamics 365 Business Central Functional Consultant - MB-800 Exam Practice Test
You are implementing Dynamics 365 Business Central for a company. The accounting manager provides you the chart of accounts. You are setting up the posting groups for the accounting department.
You must use a standard costing method and post any differences between actual purchase costs and the standard cost.
You need to set up a general ledger account for posting any differences in costs.
What should you use?
You must use a standard costing method and post any differences between actual purchase costs and the standard cost.
You need to set up a general ledger account for posting any differences in costs.
What should you use?
Correct Answer: B
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You set up a new company for a client. The client provides you with a Microsoft Excel file that contains master data for vendors and vendor bank accounts details.
You need to import vendor master data and relevant bank account details by using a configuration package.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
You need to import vendor master data and relevant bank account details by using a configuration package.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Correct Answer:
Explanation:
When using Configuration Packages (RapidStart) to import related data into Dynamics 365 Business Central, you must handle parent/child table relationships properly (e.g., Vendor # Vendor Bank Account).
* Create a configuration package.
* Start by creating a configuration package and adding the relevant tables (Vendor and Vendor Bank Account).
* Define the Vendor table as a parent in Parent Table ID for VendorBankAccount table.
* This ensures that the VendorBankAccount records link correctly to the Vendor records during import.
* The parent-child relationship guarantees that the Vendor record exists before its related VendorBankAccount is inserted.
* Import one Excel template that contains vendor and vendor bank account data.
* Since the client provided a single Excel file with both vendors and vendor bank accounts, you load it into the configuration package.
* Select Apply package on the header.
* This applies the data into Business Central, creating Vendors and their linked Vendor Bank Accounts.
Not selected:
* Define VendorBankAccount table as a parent... # Incorrect, because Vendor must be the parent, not the bank account.
* Import two separate Excel files... # The scenario specifies a single Excel file, not multiple.
Microsoft Learn References
* Use Configuration Packages to Import Data
* RapidStart Services Overview
A company is implementing Dynamics 365 Business Central.
The company needs to post monthly general journal batches for purchase expenses incurred throughout the month. The posted entries must have unique incremental document numbers. The numbers must increment by one and be sequential.
You need to configure the system to meet the requirements.
Which three actions should you perform in sequence? Each correct answer presents part of the solution.
The company needs to post monthly general journal batches for purchase expenses incurred throughout the month. The posted entries must have unique incremental document numbers. The numbers must increment by one and be sequential.
You need to configure the system to meet the requirements.
Which three actions should you perform in sequence? Each correct answer presents part of the solution.
Correct Answer: A,D,E
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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 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.
You are configuring default reports and layouts in Dynamics 365 Business Central.
You must add new data items to the report and change the layout associated with the default Purchase Order report.
A developer creates and deploys a new report object that includes the new data items and layout.
You need to configure Business Central to use the new report object as the system default when printing purchase orders.
Solution: On the Report Selection - Service page, set the value of the Usage option to Order. Update the Report ID shown on the page to reflect the new report object.
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.
You are configuring default reports and layouts in Dynamics 365 Business Central.
You must add new data items to the report and change the layout associated with the default Purchase Order report.
A developer creates and deploys a new report object that includes the new data items and layout.
You need to configure Business Central to use the new report object as the system default when printing purchase orders.
Solution: On the Report Selection - Service page, set the value of the Usage option to Order. Update the Report ID shown on the page to reflect the new report object.
Does the solution meet the goal?
Correct Answer: A
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You set up a sales module for a company. The manager provides you with the company sales price list.
The correct net price for products must display when the sales team creates sales orders.
You need to configure the system.
Which setup types should you use? To answer, drag the appropriate setup types to the correct scenarios. Each setup type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
The correct net price for products must display when the sales team creates sales orders.
You need to configure the system.
Which setup types should you use? To answer, drag the appropriate setup types to the correct scenarios. Each setup type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
Comprehensive Detailed Explanation
In Dynamics 365 Business Central, pricing and discounts are managed with different setup types:
* Sales Prices
* Used to define special prices for specific customers, customer groups, items, or date ranges.
* Correct setup when " customers receive special prices for a certain amount of time. "
* Sales Line Discounts
* Used to configure line-level discounts based on item, item group, or quantity.
* Correct when " the company offers different discounts for different item types. "
* Customer Invoice Discounts
* Applied at the invoice (header) level when the total sales amount on an order/invoice exceeds a defined threshold.
* Correct when " loyal customers are rewarded with additional discounts when a certain sales amount on an order is reached. "
* Unit Price
* Not a separate setup type in this context; it ' s the actual price per item on a line. For structured price/discount management, Sales Prices and Discounts are used.
Microsoft Learn References:
* Set Up Sales Prices
* Set Up Sales Line Discounts
* Set Up Customer Invoice Discounts
You need to create financial reports per company reporting requirements.
Which report configuration should you use to add the report descriptions lo financial reports? To answer, move the appropriate report configurations to the correct report descriptions. You may use each report configuration once, more than once, of not at all. You may need to move the split bar between panes or scroll to view content NOTE: Each correct selection is worth one point.
Which report configuration should you use to add the report descriptions lo financial reports? To answer, move the appropriate report configurations to the correct report descriptions. You may use each report configuration once, more than once, of not at all. You may need to move the split bar between panes or scroll to view content NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
Comprehensive Detailed Explanation
In Business Central, financial reporting is built from several components:
* Row definition
* Used to define which accounts or statistical accounts appear as rows in the financial report.
* Since Headcount and Square Footage are statistical accounts (non-financial data tracked for reporting), they must be added via Row definition.
* G/L account categories
* Used to structure the income statement and balance sheet into financial categories such as Income, COGS, Assets, Liabilities.
* The requirement states: "The financial report structure must map to account categories."
* Therefore, Income, Retail must be configured using G/L account categories.
* Financial Report page
* Used to assemble and present the report, combining row definitions, column definitions, and filters.
* Accounts Receivables, Wholesale is a financial reporting output that must be displayed using the Financial Report page where the actual data is gathered.
Why not Column definition?
* Column definitions control time periods (month, quarter, year, variance, etc.) but are not needed for these particular requirements.
Microsoft Learn references
* Financial Reporting in Business Central
* Set Up Row and Column Definitions
* G/L Account Categories
A company has been using Dynamics 365 Business Central for many years.
A new accounting manager for the company reviews the chart of accounts. The manager wants to remove some general ledger accounts.
The Check G/L Account Usage field is selected in the General Ledger Setup.
You need to assist with the account deletions.
What is one requirement that enables deletion of a general ledger account?
A new accounting manager for the company reviews the chart of accounts. The manager wants to remove some general ledger accounts.
The Check G/L Account Usage field is selected in the General Ledger Setup.
You need to assist with the account deletions.
What is one requirement that enables deletion of a general ledger account?
Correct Answer: A
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A company uses Dynamics 365 Business Central.
The company has the following purchasing requirements:
* Ensure that the costs on credit memos match the costs from the originating invoices.
* Process the shipment document of a return at the same time the credit memo is posted.
You need to set up purchase and payables.
Which settings should you configure? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
The company has the following purchasing requirements:
* Ensure that the costs on credit memos match the costs from the originating invoices.
* Process the shipment document of a return at the same time the credit memo is posted.
You need to set up purchase and payables.
Which settings should you configure? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
An accountant discovers inconsistencies between financial statements and balances in the chart of accounts.
You suspect that the discrepancies might be a result of missing categories and subcategories.
You need to ensure that the financial statements match the chart of accounts.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
You suspect that the discrepancies might be a result of missing categories and subcategories.
You need to ensure that the financial statements match the chart of accounts.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Correct Answer:
Explanation:
When financial statements do not match the Chart of Accounts (COA) in Dynamics 365 Business Central, one of the most common causes is missing or misaligned account categories and subcategories. These categories are used to structure accounts in financial reports such as Income Statement and Balance Sheet.
Step 1: Create subcategories for each category
* In the Account Categories page, ensure that the correct categories (Assets, Liabilities, Income, Expenses, etc.) and subcategories are set up.
Step 2: Add the missing categories and subcategories to the general ledger accounts
* Assign the created categories and subcategories to the corresponding G/L accounts in the Chart of Accounts. This links the COA to financial reporting.
Step 3: Verify that the financial statements match the chart of accounts
* Run financial statements and confirm that balances reflect the COA correctly after categories
/subcategories are aligned.
Why not the others?
* Rename the general ledger account # renaming has no impact on financial statement consistency.
* Add the accounts to the analysis view # analysis views are for reporting and dimensions, not fixing inconsistencies between COA and financial statements.
Microsoft Learn References:
* Set Up Account Categories and Subcategories
* Work with the Chart of Accounts
* Financial Reporting