Microsoft
MB6-871 · Question #21
In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)
The correct answer is A. To use encumbrance accounting, posting definitions are required. C. When the pre-encumbrance process is enabled, the encumbrance process is required. See the full explanation below for the reasoning.
Question
In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)
Options
- ATo use encumbrance accounting, posting definitions are required.
- BClosing purchase order encumbrances is part of the fiscal year closing process.
- CWhen the pre-encumbrance process is enabled, the encumbrance process is required.
- DTo use encumbrance accounting with budget appropriation enabled, budget control is required.
- EA sales order is a typical encumbrance transaction for which there has been an expenditure of
How the community answered
(20 responses)- A70% (14)
- B5% (1)
- D5% (1)
- E20% (4)
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