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Microsoft

MB-310 · Question #236

Your company uses Dynamics 365 Finance. All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered, has the same service life, and uses the same…

The correct answer is A. depreciation convention D. fixed asset group. Depreciation conventions are used to determine when and how depreciation is calculated for both the year when the fixed asset is acquired and the year when the fixed asset is disposed of. Depreciation conventions can be assigned to the setup for a fixed asset group book…

Manage fixed assets

Question

Your company uses Dynamics 365 Finance. All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered, has the same service life, and uses the same depreciation deduction calculation. You need to configure the system. Which two parameters should you set up? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

Options

  • Adepreciation convention
  • Bderived book
  • Cdepreciation profile
  • Dfixed asset group

How the community answered

(19 responses)
  • A
    74% (14)
  • B
    21% (4)
  • C
    5% (1)

Explanation

Depreciation conventions are used to determine when and how depreciation is calculated for both the year when the fixed asset is acquired and the year when the fixed asset is disposed of. Depreciation conventions can be assigned to the setup for a fixed asset group book. https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/fixed-asset-depreciation-

Topics

#fixed asset group#depreciation convention#asset configuration#service life

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