MB6-885 Exam Questions

You create a purchase requisition and distribute amounts to the subledger that records pre- encumbrance and encumbrance commitments in Microsoft Dynamics AX 2012. Which of the foll...

You plan to associate a derived financial hierarchy with a legal entity in Microsoft Dynamics AX 2012. What must you do first? (Each correct answer presents part of the solution. C...

You need to display a chart in Microsoft Dynamics AX 2012 of the total accounts payable balance by period. Which Public Sector Role Center contains this chart?

You need to produce a report in Microsoft Dynamics AX 2012 that displays customer account balances at the end of the previous month. Which report should you generate?

You need to plan for the revenue and expenditures of a project before the money is appropriated in Microsoft Dynamics AX 2012 Public Sector. Which type of budget should you configu...

Which of the following functions can you perform in Microsoft Dynamics AX 2012 Public Sector?

Which of the following statements about posting definitions is true?

You are creating a fund account in Microsoft Dynamics AX 2012. Which of the following statements about fund accounting is true?

Which of the following methods of creating account numbers in the chart of accounts requires the least amount of administrative effort?

You enter a fund entity for a financial dimension in Microsoft Dynamics AX 2012. You need to classify the fund properly for reporting purposes. In Microsoft Dynamics AX 2012, which...

A grant that funds a project has lapsed and additional funding has not been obtained. Which funding type should you select on the Project contracts form in Microsoft Dynamics AX 20...

When can you allocate a project budget across time periods?

In Microsoft Dynamics AX 2012, you plan to allocate a project budget across periods. Which of the following statements are true when allocating budgets across periods? (Each correc...

You are revising an original budget by using the Project budget form in Microsoft Dynamics AX 2012. You need to associate the original budget to the revision. By which field should...

You are ready to bill for expenses to a project that uses funding from a grant. Which transition phase must the grant reflect in order to apply the grant funds to a project?

You are setting up a funding rule in Microsoft Dynamics AX 2012 to define how to allocate charges for project contracts to multiple funding sources. Which two values are required?...

You plan to create a project budget in Microsoft Dynamics AX 2012. The project budget will be based on the budget for costs and revenue of a subproject. Which of the following prop...

You need to record an urgent purchase that overrides the standard purchasing process in Microsoft Dynamics AX 2012. Which type of purchase order should you create?

In Microsoft Dynamics AX 2012, what is a reason code?

In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?

In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)

A vendor requests that you distribute invoice payments equally to two bank accounts. How are allocation percentages for bank accounts specified?

You create a purchase agreement with a classification of blanket purchase order. You need to invoice the vendor with the minimum amount of administrative effort after the product h...

You need to track the payment of a vendor invoice as a 1099-G payment. Which of the following statements are true?

You are processing settlements in a pooled cash setup in Microsoft Dynamics AX 2012. Which of the following statements is true?

What code is required for the periodic reporting of intra-governmental or intra - federal agency transactions such as revenues, receivables, or payables?

You plan to make the necessary entries to record the "Due to" other funds on the Treasurer's fund and the equity in other individual funds. What should you use?

You need to minimize the time required to process charges that are repeatedly billed and uniquely associated to a department, and maximize the accuracy of the charges. What should...

You are receiving customer payments in Microsoft Dynamics AX 2012. What attributes must an invoice possess in order to be selected for payment by using a payment proposal?

You need to allow for unplanned purchases in Microsoft Dynamics AX 2012. What should you do?

To which elements can you assign DUNS and DUNS+4 numbers in Microsoft Dynamics AX 2012? (Each correct answer presents a complete solution. Choose two.)

Which of the following classifications can you include when creating a purchase agreement?

Your company requires that open purchase orders be processed at the end of the fiscal year. You need to ensure that funds available for budgets are reduced in the closing year, and...

You are creating a funding rule for a project contract in Microsoft Dynamics AX 2012. Which parameters must you specify? (Each correct answer presents part of the solution. Choose...

You plan to create grants and associate the funding providers for your organization. Which of the following providers can be assigned as funding sources in Microsoft Dynamics AX 20...

You plan to assign a project contract as the funding source of a grant in Microsoft Dynamics AX 2012. Which status must the grant have before you can assign a project contract as a...

For what purpose does a project budget control the authorization of budget funds?

You need to enable public sector features and functionalities in Microsoft Dynamics AX 2012. What should you do?

When creating an account structure, what is the purpose of defining constraints?

Which of the following statements about financial dimensions in Microsoft Dynamics AX 2012 are true? (Each correct answer presents a complete solution, Choose two,)

You are creating a new chart of accounts. On the Main accounts form, which field should you use to create an expense account?

You are creating a fund in Microsoft Dynamics AX 2012. Which of the following statements about funds are true? (Each correct answer presents a complete solution. Choose two.)

You need to display customer transactions that have updated the general ledger Accounts Receivable account. Which report should you generate?

Which Role Center in Microsoft Dynamics AX 2012 provides access to key tasks, activities, and data related to daily business operations?

You need to display a list of open and approved invoices for a specific customer. Which report should you generate?

You are creating category hierarchies in Microsoft Dynamics AX 2012. To which types of category hierarchies can you assign project categories? (Each correct answer presents a compl...

You need to ensure that an account balance is carried forward to the next fiscal year when performing the fiscal year close process in Microsoft Dynamics AX 2012. Which Close type...

You are setting up encumbrance year-end processing options. Budget control is not enabled. The purchase order processing option is set to Do not carry forward the budget. You need...

What must you do before you can create advanced ledger entries?

Which of the following statements is true when you define the characteristics of a posting definition for a fund?