MB6-895 Exam Questions

You are implementing Microsoft Dynamics 365 fir Finance and Operations. You need to determine which accounts for automatic transactions are needed for the legal entity.

You are creating a budget register entry for rent. You created a line for account 671450 with cost center 10 for an amount of 8,900.00 USD. You need to duplicate the line for each...

You want to import foreign currency exchange rates on a daily basis, rather than having to enter them manually. Besides the date or dates of the rates to be imported, which two pie...

You need to configure an allocation on account 606785 for the Utilities expense. The amount must be spread across a variety of departments based on percentage. What should you do?

You are exception of the Business Unit dimension, you do not want to roll any financial dimensions forward to the Retained Earnings main account for the new year. What should you d...

You are configuring your year-end close process. One of the periods in your fiscal year is currency capable of recording accounting transactions. Which period type is assigned to t...

You need to export balances from Microsoft Dynamics 365 for Finance and Operations to an external system. There is a "Use Consolidation Account" Yes/No perimeter in the criteria. I...

You need ensure that you have the most current data to manage customer collections. What should you create first?

You are implementing the budget control feature for Contoso, LTD You need to configure the system based on the requirements you have gathered. Which three settings can be defined f...

You create and post a payment journal with a method of payment that is configured with bridging account. The bank notifies you that the payment has cleared the account. What should...

You use the financial period close workspace. You need to view the status of your overall closing schedule. When viewing the status, which three ways are you able to sort? Each cor...

You create a new budget register entry. You later realize that the date for the lines is set to today's date. You need to quickly correct the dates to be the first day of the curre...

Your company will be paying out annual bonuses next month. The controller has asked you to set up a special check layout for these bonus checks. The company normally does not use p...

You have created a new legal entity and marked it as a Consolidation company. You need to complete the configuration to perform a consolidation into the new legal entity for two ex...

While you are printing checks, one of the checks gets jammed in the printer and must be reprinted. You need to cancel the damaged check. Which feature should you use for cancelatio...

You are responsible for budget and are currently creating a budget. You need to identify the steps that the budget plan will contain. Which budget planning feature should you use t...

Which two elements are required before you can create a budget plan in Microsoft Dynamic 365 for Finance and Operations? Each correct answer presents part of the solution.

Your organization's foreign subsidiaries use Microsoft Dynamics 365 Finance and Operations in their local currencies as their functional currencies. You need to perform the worldwi...

You are a credit manager. You want to set up a process in your system to send customers a notification of their balances due if the balance fails to clear within the due date. You...

You need to create a new fixed asset and assign a depreciation profile. You want this fixed asset to be depreciated by the same percentage in each depreciation period. Which deprec...

An accountant needs to define which main accounts and financial dimensions cannot used together when entering journals and transactions. The accountant sets up the chart of account...

The controller of your company has received notice from the taxing agency of another state that the sales tax rate on the company's products sold in that will increase by 0.5% star...

A vendor contacts you about an unpaid invoice. You verify that check was printed and mailed one month ago. Because the check has not been received by the vendor, you need to reissu...

You are working with transactions in the Cash and bank management module. You need to create a deposit slip. When creating a deposit slip, which of the following statement is possi...

You are an accounts receivable manager. Your company instituted a two-level collection letter plan for a customer. The result was not as effective as your company had anticipated....

Your company creates a policy that requires invoice matching information on documents. Which three types of documents are used for invoice matching? Each correct answer presents pa...

You are training a new employee. They need to know the items that are required for posting an invoice register. What are the two required items? Each correct answer presents part o...

Your company just purchased some highly advanced machines to be used in the manufacturing plant. Collectively, the equipment cost $5 million with a useful life of 10 years. At that...

You are configuring Microsoft Dynamics 365 for Finance and Operations. You need to allow finance user to acquire assets by creating Fixed assets journals. Which configuration shoul...

You need to set up conditional sales tax on a transaction. Which two steps are always required, regardless of the country the sales tax is being processed in? Each correct answer p...

You are consulting with a customer who is implementing Microsoft Dynamics 365 for Finance and Operations for the first time. This customer has income sources in foreign countries a...

You are assisting a customer with the initial setup of Microsoft Dynamics 365 for finance and Operation. You need to start the Fiscal Calendar setup process. Which capability of Mi...

You want to set up centralized payments for all customers in all legal entities. You need to enable this in Microsoft Dynamic 365 for Finance and Operations. Which three configurat...

Over the past few weeks, several payments have posted to Contoso, Ltd. that were not open invoice. You are tasked with reconciling their account. Which process in Microsoft Dynamic...

The accounting manager for your company has been manually processing payments to sales tax authorities for the past several years. You recently learned that Microsoft Dynamics 365...

Your company has enabled commitment accounting. You need to identify which purchasing scenarios in your company should use the commitment accounting feature. In which two situation...

You company has purchased new computer server equipment of the data center. The controller has asked you to set up fixed asset accounting and use the reducing balance depreciation...

A company needs to make wire transfer for payments to a foreign customer. The controller also wants to keep track of the wire transfer fees for charge-back to the customer. The con...

You are setting up vendor groups. You want to assign the same characteristics to vendors by simply selecting are group. Which two characteristics can be assigned by vendor group? E...

You are creating a new budget and realize that you need to allocate a certain percentage of the total budget amount across defined periods. In order to do this on the budget regist...

You department manager wants an estimate of the actual invoice amounts that you will bill for customer the month. However, the department manager does not want these amounts posted...

You need to identify techniques that are supported in Microsoft Dynamics 365 for Finance and Operations for ledger allocations. Which three allocations method should you identify?...

You need to send a notification to customers about invoices with outstanding balances at of the end of the month Which three actions should you complete? Each correct answer presen...

You have been tasked with reviewing and processing transactions in the General ledger module. You need an allocation to depend on the actual ledger balance. When setting up an allo...

You are working in the financial period close workspace. You want to view the status of tasks that are scheduled to occur next week. Which filtering option allow you to view these...

You are creating a new budget register entry. You create a line to account 606800 for 10,000.00 USD on January 1st of the current year. You need to spread the amount, based on a sa...

You are consultant who works for Contoso, Ltd. You are implementing Microsoft Dynamics 365 for Finance and Operations and have gathered requirement from the client for their budget...

Your company has acquired customers in a new state. The company must collect sales tax on the product sales to those customers. As bookkeeper, you need to configure Microsoft Dynam...

You are reviewing and processing transactions in the General ledger module. What are three account types that you can choose in a General ledger journal? Each correct answer presen...

You are the fixed asset manager at Contoso, Ltd. You have recently inventoried the company's laptops, identified several laptops that have reached end of life, and decided to sell...