NEW QUESTION 1
You are creating a budget for an organization.
The organization requires that allocations be performed automatically as part of budget planning. You need to invoke allocations at a specific budget planning stage.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-all

NEW QUESTION 2
You are asked to configure foreign currency revaluation in Dynamics 365 for Finance and Operations. You are viewing the main accounts,

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:

NEW QUESTION 3
A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All companies and data reside in Finance and Operations,
The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Select Consolidate online in Finance and Operations. Include eliminations during the process or as a proposal. Setup the transactions to post in the legal entity configured for consolidations.
Does the solution meet the goal?

• A. Yes
• B. No

Answer: B

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidation-eliminatio

NEW QUESTION 4
You need to configure an Accounts payable charge for freight for a company. The company requires that the
system include the freight invoice to be paid to the vendor and record the expense in main account 600120 - Freight In.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:

NEW QUESTION 5
You Create a financial dimension set named MA + DEPT+PROJ as shown in the following screenshot. The financial dimension set include the following dimensions:
• Main Account
• Department
• Project

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic. NOTE: Each correct selection is worth one point.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:

NEW QUESTION 6
You are configuring the Accounts payable module for a company.
The company needs to set a limit on the charges they will pay for specific items. You need to set up the limit for charges.
Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

• A. Define the maximum charge amount on the vendor record.
• B. Enter the maximum amount when you set up the charges code.
• C. Use budget control with the specified charges code.
• D. Set the maximum charge amount in the Accounts payable parameters,
• E. Enable invoice matching validation in the Accounts payable parameters.

Answer: BE

NEW QUESTION 7
A public sector organization wants to set up the derived financial hierarchy to analyze posted transaction data. You need to set up the derived financial hierarchy to generate an outgoing electronic document.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange item in the correct order.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/public-sector/tasks/set-up-derived-f

NEW QUESTION 8
A company is using vendors to produce components for its products. Journal types are not configured to support vendor invoices-
You need to identify and configure journals to use for vendor invoices.
Which journal types should you use? To answer, select the appropriate options in the answer area, NOTE: Each correct selection is worth one point.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:

NEW QUESTION 9
You are a controller for a public sector organization. You need detailed fiscal tracking and reporting. You need to set up fund types categorized under specific fund classes.
Which fund type can you set up for each fund class? To answer, drag the appropriate fund types to the correct fund classes. Each fund type may be used once, more than once, or not at all. You may need to dreg the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:

NEW QUESTION 10
You are configuring budgeting components in Dynamics 365 for Finance and Operations. You need to configure multiple budgets.
What are three budgeting options you can use? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

• A. Cost management budget, including Production and Resource groups
• B. Sales budget, including Campaigns and Events
• C. Workforce budget, including Compensation groups and Positions
• D. Project budget, including Items and Fees
• E. Ledger budget, including Revenue and Expense types

Answer: CDE

NEW QUESTION 11
An organization acquires a building. You need to register-and record the building as an asset building in Dynamics 365 Finance and Operations. What are three possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

• A. Select an acquisition transaction type within a fixed asset journal.
• B. Select an account type of Fixed Asset and a transaction type of Acquisition with a General Journal.
• C. Use the sales order process to acquire the asset.
• D. Eliminate the project to a fixed asset.
• E. Create a sales invoice to record and register the fixed asset.

Answer: ABD

NEW QUESTION 12
A company is preparing to complete a year-end close process.
You need to configure the Dynamics 365 for Finance and Operations General ledger module. Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

• A. Configure the Fiscal year close parameters
• B. Configure the ledger calendar for the new fiscal year
• C. Configure the transfer balance
• D. Validate the main account type
• E. Create the next fiscal year

Answer: ADE

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close

NEW QUESTION 13
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen.
A company is preparing to complete yearly budgets.
The company plans to use-pie Budget module in Dynamics 365 for Finance and Operations for budget management
You need to create the new budgets.
Solution: Create budget plans to define the revenues for a budget Does the solution meet the goal?

• A. Yes
• B. No

Answer: B

NEW QUESTION 14
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen.
A company is preparing to complete yearly budgets.
The company plans to use the Budget module in Dynamics 365 for Finance and Operations for budget management
You need to create the new budgets.
Solution: Combine budgets from multiple legal entities to a master budget. Does the solution meet the goal?

• A. Yes
• B. No

Answer: B

NEW QUESTION 15
A legal entity has locations and customers in multiple states within the United States.
You need to ensure that taxable customers are charged sales tax for taxable items in their delivery location. Which three settings must you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

• A. the Sales tax group on the Customer record
• B. the Terms of delivery setup
• C. the Item Sales tax group on the Item record
• D. the Sales reporting codes
• E. the Sales tax codes

Answer: ABE

NEW QUESTION 16
You need to setup a process of tracking, recording, and analyzing costs associated with the products or activities of a nonmanufacturing organization.
You need to configure the prerequisite setup for the standard costing version for the current period.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management/prerequisites-

NEW QUESTION 17
A client confirms a safes order in Dynamics 365 for Finance and Operations. You are viewing the confirmed sales order.

• A. Mastered
• B. Not Mastered

Answer: A

Explanation:

NEW QUESTION 18
A client is implementing Accounts payable. The client wants to establish three-way matching for 100 of their 5,000 stocked items from a specific vendor.
The client requires the ability to have items that require only two-way matching and specific items that require three-way matching.
You need to configure the system in the most efficient manner to achieve these requirements. What should you do?

• A. Configure a company matching policy of a three-way match.
• B. Configure a company matching policy of two-way matching and specify the items that require a three-way match.
• C. Configure a company matching policy of two-way matching and set the matching policy for specific item, and vendor combination level to three-way matching.
• D. Configure a company matching policy of non-required and specify the items that require a three-way match.
• E. Configure a company matching policy of two-way matching and specify the vendors that require a three-way match.

Answer: C

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/accounts-payable/tasks/set-up-acco

NEW QUESTION 19
You are configuring the Fixed assets module for a Dynamics 365 Finance and Operations environment, You need to set up the basic configuration to create a fixed asset Each correct answer presents part of the
solution.
NOTE: Each correct selection is worth one point.

• A. the number sequence
• B. the group
• C. the name
• D. the type
• E. the property type

Answer: ABC

Explanation:

References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/fixed-assets/tasks/create-fixed-asset

NEW QUESTION 20
You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts, The company wants to import their bank statements.
You need to import electronic bank statements to reconcile the bank accounts.
Which three actions can you perform? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

• A. Select all the bank accounts for the bank statement files, and then upload all files
• B. Select Account reconciliation on the bank account form
• C. Import bank statements from the Data management workspace
• D. Navigate to Import statement on the Bank Statements page of Cash and Bank Management
• E. Select Import statement for multiple bank accounts in all legal entities, and then upload a zip file

Answer: BDE

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/reconcile-b

NEW QUESTION 21
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