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Languages: English
Retirement date: none
This exam measures your ability to accomplish the following technical tasks: set up and configure financial management; implement and manage accounts payable and expenses; implement accounts receivable, credit, collections, and revenue recognition; and manage budgeting and fixed assets.
Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q196-Q201):
NEW QUESTION # 196
You need to configure expense management tor Humongous Insurance and its subsidiary. Which options should you use? To answer select the appropriate options in me answer area NOTE: Each correct selection is worth one point.

Answer:
Explanation:

NEW QUESTION # 197
You manage customer credit and collections in a Dynamics 365 Finance implementation.
At the beginning of each month, you must send collection letters to customers whose payments are overdue.
You need to configure the collection letter functionality.
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.

Answer:
Explanation:

Explanation:

NEW QUESTION # 198
A client is implementing the Budgeting module in Dynamics 365 Finance.
You need to configure the correct budget control area to meet the client's requirements.
Track budgeting control on purchase requisitions.
Include unposted actual transactions in the calculation of the remaining budget for the period.
Allow specific individuals to post transactions that exceed the budget.
Specify main accounts that are subject to budget control, instead of selecting Main account as a dimension for budgeting.
What should you configure? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-control-overview-configuration
NEW QUESTION # 199
You need to configure the system to for existing purchasing contracts.
Which commitment types should you use? To answer, drag the appropriate commitment types to the correct requirements. Each commitment 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.

Answer:
Explanation:

Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/tasks/create-purchase-agreement
NEW QUESTION # 200
You are using Microsoft Dynamics 365 finance
You need to acquire a fixed asset.
What are three possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: bath collect selection is worth one point.
- A. Select a fixed asset procurement category on the purchase order line
- B. Use a budget plan.
- C. Select a fixed asset account type and transaction type acquisition in a general journal.
- D. Use a sates invoice.
- E. Eliminate an investment project once it is finished
Answer: A,C,E
NEW QUESTION # 201
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