Microsoft Financial Management in Microsoft Dynamics 365 for Finance and Operations - MB6-895 Exam Practice Test
You need ensure that you have the most current data to manage customer collections.
What should you create first?
What should you create first?
Correct Answer: B
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What is the purpose of the budget control feature in Microsoft Dynamics 365 for Finance and Operations?
Correct Answer: C
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Which two elements are required before you can create a budget plan in Microsoft Dynamic 365 for Finance and Operations? Each correct answer presents part of the solution. (Choose two.)
Correct Answer: A,C
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You create and post a payment journal with a method of payment that is configured with bridging account.
The bank notifies you that the payment has cleared the account.
What should you do next?
The bank notifies you that the payment has cleared the account.
What should you do next?
Correct Answer: A
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You have been tasked with reviewing and processing transactions in the General ledger module. You need an allocation to depend on the actual ledger balance.
When setting up an allocation rule, which method should you select?
When setting up an allocation rule, which method should you select?
Correct Answer: A
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You want to divide your customers into five groups by alphabetical order so that account representatives can work on their accounts aging and you can review it with them on a regular basis.
What should you do?
What should you do?
Correct Answer: D
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You want to set up centralized payments for all customers in all legal entities. You need to enable this in Microsoft Dynamic 365 for Finance and Operations.
Which three configurations should you complete? Each correct answer presents part of the solution. (Choose three.)
Which three configurations should you complete? Each correct answer presents part of the solution. (Choose three.)
Correct Answer: A,D,E
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You want to reserve budget funds for planned expenditures. The funds have been requested but not yet approved from a purchase order.
You need to set up a budget code for these types of scenarios.
Which budget type should you assign to the budget code to accomplish this goal?
You need to set up a budget code for these types of scenarios.
Which budget type should you assign to the budget code to accomplish this goal?
Correct Answer: B
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