MB6-702 Exam
The Secret of MB6-702 torrent
Proper study guides for Up to the minute Microsoft Microsoft Dynamics AX 2012 R3 Financials certified begins with Microsoft MB6-702 preparation products which designed to deliver the High value MB6-702 questions by making you pass the MB6-702 test at your first time. Try the free MB6-702 demo right now.
2021 Jan MB6-702 exam question
Q21. You create a budget cycle time span that is based on the fiscal calendar from July 2014 through June 2015-How many budget models can be used for the budget cycle?
A. One for each budget model and fiscal period combination
B. One for each fiscal period
C. Only one
D. One for each budget model
Answer: A
Q22. What is the difference in the setup of periodic journals and voucher templates?
A. You can modify the account type in voucher templates.
B. Voucher templates can contain multiple vouchers.
C. You can modify the account type in periodic journals.
D. Periodic journals can contain only one voucher.
Answer: D
Q23. You have an invoice for $10,000. One payment of $3,000 has already posted against this invoice.
You need to allow cashdiscounts on the $3,000 payment. Which action should you perform?
A. On the Accounts receivable parameters form, select the Calculate cash discounts for partial payments check box.
B. On the Accounts receivable parameters form, select the Calculate cash discounts for credit notes check box.
C. On the Cash discounts form, define the Discount principle area.
D. On the Accounts receivable parameters form, select the Automatic settlement check box.
Answer: C
Q24. You are configuring a budget plan to automatically spread. Which allocation method should you use?
A. The Aggregate allocation method
B. The Allocate across periods method
C. The Distribute allocation method
D. The Allocate across dimensions method
Answer: D
Q25. In which two situations can you print a pro forma invoice? Each correct answer presents a complete solution.
A. As an estimate of a free text invoice
B. As an estimate of a customer invoice for a sales order
C. As a request for payment for a past due invoice
D. As a replacement for a lost invoice
Answer: AD
Renew MB6-702 exam prep:
Q26. A vendor contacts you about an unpaid invoice.
You verify that a check was printed and mailed one month ago. The vendor did not receive the check.
You need to reissue a check to the vendor. Which action should you perform?
A. Create a reversing entry by using the General journal form, and then reissue the payment.
B. Void the check from the original payment journal, and then reissue the payment.
C. Reverse the payment from the Vendor transactions form, and then reissue the payment.
D. Process a payment reversal from the Checks form, and then reissue the payment.
Answer: C
Q27. Your company plans to implement vendor invoice matching.
Your company policy states that vendor invoices must be reviewed to compare the prices and quantities on the invoices for accuracy.
You need to configure the invoice matching setup. Which type of invoice matching should you configure?
A. Charges matching
B. Three-way matching
C. Invoice totals matching
D. Two-way matching
Answer: C
Q28. You have enabled the Bill of exchange feature in Microsoft Dynamics AX. You post a protest bill of exchange to a customer account.
Which account type on the customer posting profile should be debited?
A. Settle account
B. Summary account
C. Write-off account
D. Liabilities for discount account
Answer: D
Q29. Your organization is using the Budgeting module to develop a budget plan. The budget plan needs to go through various phases before it is approved. Where do you define these phases on the Budget planning configuration form?
A. Scenarios
B. Parameters
C. Workflows
D. Stages
Answer: C
Q30. You are configuring budgets for your organization. Your organization uses a scientifically calculated, predefined percentage of direct expenses for each of its departments.
You need to define these percentages so that the budget automatically allocates to these departments from the main accounts.
What should you configure?
A. Budget period allocation keys
B. Budget control rules
C. Budget transfer rules
D. Budget allocation terms
Answer: B