A customer implements Dynamics 365 Finance You need to configure bank reconciliation
settings.
What should you do? To answer, drag the appropriate configuration options to the correct
requirements.
Each configuration option may be used once, more than once, or not at all you may need to
drag the spirt bar between panes or scroll to view content.
NOTS: Each correct selection is worth one point.

A company uses Dynamics 365 Finance. The company induces sot departments that
participate in the budget planning process.
The finance department generates a previous year budget scenario You must generate a
new baseline scenario that is based on the previous year's budget scenario.
Department managers must be able to enter their budget requests in the baseline scenario.
Al department requests must be made available to the finance department so that they can
determine the total budget funds requested and approve the budget scenario
You need to configure the allocation schedule.
How should you configure the schedule for the baseline scenario? To answer, select the
appropriate options in the dialog box in the answer area
NOTE: Each correct selection worth one point.

You are contouring Dynamics 365 Finance
Transactions are being approved tor all sales transactions. This configuration results in
numerous fraudulent transactions.
The payment prowler requires verification of the following information in order to
authorization transaction.
• account hotter name
• billing address
• postal code
You need to configure the system to only approve transactions with a verified address.
Which option should you select for credit card authorization?

A.

Always accept transaction

B.

Postal code

C.

Account holder

D.

Billing address

A customer uses Dynamics 365 Finance to manage budgets.
You review a customer’s budget funds available calculation and discover that the budget
amounts posted two weeks ago are not reflected in the budget control check on a purchase
order.
You verify that budget control is set to active.
You need to determine why the budget posted two weeks ago is not reflecting correctly.
What should you do?

A.

Verify that available budget funds are configured appropriately.

B.

Post a budget transfer to add the correct funds

C.

Verify whether budget plans are still in draft status

D.

Compare the budget control active date to the date of the posted register entries to verify that it was active at the time of posting.

A cable and interne t company implements Dynamics 365 Finance
The primary line of business for the company is internet services. The company also sells
routers and modems to customers for an additional one-time cost.
You need to configure revenue recognition.
What should you configure?

A.

Create the router and modem sates to post to deferred revenue.

B.

Configure the internet service as essential

C.

Configure the internet service router, and modem as essential.

D.

Create a revenue schedule for the internet service, router, and modem.

You are asked to configure a main account in Dynamics 365 Finance.

 

 

A company uses Dynamics 36S Finance. The company is based in the United States and
sells a product online. The product is shipped to the United States, Canada, and Mexico.
The product is sourced from Brazil
Legal entities must be set up for each country/region. One ledger account must be used to
track sales tax payable. You need to configure the system to track Use Tax.
Which two parameters should you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A.

tax code for each legal entity

B.

taxation rule

C.

single sales tax code for the United States

D.

ledger posting group

E.

single sales tax code for Brazil

Note: This question is part of a series of questions that present the same scenario.
Each question in the series contains a unique solution. Determine whether the
solution meets 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.
A customer uses Dynamics 365 Finance.
The controller notices incorrect postings to the ledger entered via journal.
The system must enforce the following:
Expense accounts (6000-6998) require department, division, and project with all
transactions. Customer dimension is optional.
Revenue accounts (4000-4999) require department and division and allow project
and customer dimensions.
Liability accounts (2000-2999) should not have any dimensions posted.
Expense account (6999) requires department, division, project and customer
dimensions with all transactions.
You need to configure the account structure to meet the requirements.

Solution:
Configure one account structure with department, division, project and customer
dimensions.
Configure asterisks in all columns for Expense accounts (6000-6999), Revenue
accounts (4000-4999), and Liability accounts (2000-2999).
Does the solution meet the goal?

A.

Yes

B.

No

You plan to manage delinquent customers by monitoring the collection proess in Dynamics
%5 Finance.
You need to use the Collections list pane to monitor the collection process. What must you
do first?

A.

Set up customer groups

B.

Age customer balances

C.

Set up customer pouts

D.

Update financials

A company implements basic budgeting functionality in Dynamics 36S Finance.
The company wants to allocate budget register entries for payroll expense amounts to each
department based on a predetermined percentage.
You need to configure the allocation.
Which functionality should you use?

A.

Budget transfer rule

B.

Budget control

C.

Allocation term

D.

Period allocation key