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You are a functional consultant for Contoso Entertainment System USA (USMF)
SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to implement a quarterly accruals scheme for USMF. The accrual scheme settings must match the settings of the monthly and annual accrual schemes. To complete this task, sign in to the Dynamics 365 portal.View AnswerAnswer: Explanation:...
Which settings should you use?
Testlet 2 Case study This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that...
SIMULATION
SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to assign the Accountant closing role for the USMF legal entity to an employee named Theresa Jayne. To complete this task, sign in to the Dynamics 365 portal.View AnswerAnswer: Explanation: https://www.dynamics-tips.com/system-administration/security-roles
What should you do?
An organization uses Dynamics 365 Finance. Several posted journal entries contain invalid main account and dimension combinations. This leads to incorrect financial reporting. You need to prevent these invalid combinations. What should you do?A . Configure the account structure to specify which financial dimensions are valid for which main accounts.B...
In which order should you perform the actions?
DRAG DROP You need to set up a process of tracking, recording, and analyzing costs associated with the products or activities of a nonmanufacturing organization. You need to configure the prerequisite setup for the standard costing version for the current period. In which order should you perform the actions? To...
Which actions should you perform?
HOTSPOT A rental service company with complex accrual requirements has accrual schemes set up in its implementation. They want to use defined accrual schemes to perform transactions. You need to use an accrual scheme to create transactions for this company. Which actions should you perform? To answer, select the appropriate...
For which type of transactions can you implement posting definitions?
You are configuring Dynamics 365 Finance. You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting definitions?A . Accounts payable, Accounts receivable, Bank, Budget, Payroll, and PurchasingB . Accounts payable, Bank, Budget, Fixed assets, and PayrollC . Accounts payable, Accounts...
What should you do?
You are a finance consultant. Your client needs you to configure cash flow forecasting. The client wants specific percentages of main accounts to contribute to different cash flow forecasts for other main accounts. You need to configure Dynamics 365 for Finance to meet the needs of the client. What should...
Which three actions should you perform?
An organization plans to set up intercompany accounting between legal entities within the organization. Automatic transactions between legal entities must meet the following requirements: - Provides systemwide integration and streamlining to save time - Minimizes errors and create an audit trail with full visibility into business activities and transaction histories...
A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States
HOTSPOT A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States. You are viewing a vendor master data record on the 1099 FastTab. Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic....
