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Microsoft

MB-310 · Question #229

You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system. You need to configure the Microsoft Dynamics Finance system to classify…

The correct answer is B. Cost behavior. Cost behavior classifies costs according to their behavior in relation to changes in key business Cost classification groups costs according to their shared characteristics. For example, costs can be grouped by elements, traceability, and behavior.

Implement financial management

Question

You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system. You need to configure the Microsoft Dynamics Finance system to classify costs according to their behavior in relation to changes in key business activities. Which of the following should you configure?

Options

  • ACost classification
  • BCost behavior
  • CAllocation base
  • DCost elements

How the community answered

(39 responses)
  • A
    3% (1)
  • B
    87% (34)
  • C
    8% (3)
  • D
    3% (1)

Explanation

Cost behavior classifies costs according to their behavior in relation to changes in key business Cost classification groups costs according to their shared characteristics. For example, costs can be grouped by elements, traceability, and behavior.

Topics

#cost behavior#cost classification#business activities#cost management

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