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: Create budget plans for multiple scenarios.
Does the solution meet the goal?

A.

Yes

B.

No

You are configuring vendor collaboration security roles for external vendors. You manually
set up a vendor
contact.
You need to assign the Vendor (external) role to this vendor.
Which tasks can this vendor perform?

A.

Request a new user account for a contact person by using the Provision user action.

B.

Maintain vendor collaboration invoices.

C.

Delete any contact person that they have created.

D.

View and modify contact person information, such as the person’s title, email address,
and telephone
number.

You are setting up main accounts in Dynamics 365 for Finance and Operations.
You need to configure the main accounts to meet the requirements.
Which options should you use? To answer, select the appropriate configuration in the
answer area.
NOTE: Each correct selection is worth one point

You are a Dynamics 365 Finance consultant. You plan to configure the allocation base,
cost behavior, and
cost distribution.
Which three actions do these configurations accomplish? Each correct answer presents a
complete solution.
NOTE: Each correct selection is worth one point.

A.

Spread costs from one cost object to one or more other cost objects by applying a
relevant allocation base.

B.

Measure and quantify activities, such as machine hours that are used, kilowatt hours that are consumed,
or square footage that is occupied.

C.

Spread the balance of the cost from one cost object to one or more other cost objects by
applying a
relevant allocation base.

D.

Control which journals can be used in the costing process.

E.

Classify costs according to their behavior in relation to changes in key business
activities.

You are configuring a Dynamics 365 Finance environment for intercompany accounting.
You create the following legal entities:
CompanyA
CompanyB
You need to configure intercompany accounting for both legal entities.
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.
NOTE: More than one order of answer choices is correct. You will receive credit for any of
the correct orders you select.

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

A client plans to use the cost accounting module in Dynamics 365 for Finance and
Operations. You need to associate the correct definitions to the correct cost accounting
concepts. Which terms match the definitions? To answer, select the appropriate
configuration in the answer are3. NOTE: Each correct selection is worth one point.

A rental service company with complex accrual requirements has accrual schemes set up
in its implementation. They want to use defined accrual schemes to perform transactions.
You need to use an accrual scheme to create transactions for this company.
Which actions should you perform? To answer, select the appropriate configuration in the
answer area.
NOTE: Each correct selection is worth one point.

An organization is upgrading to Dynamics 365 Finance.
One of the organization's legal entities needs to have different main accounts for a period
of six months.
You need to configure the legal entity override dates.
Which two actions can you perform? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A.

Set the value of the override date field at the legal entity level to be more restrictive.

B.

Set the value of the override date field at the shared level to be more restrictive.

C.

Set the value of the override date field at the legal level to be less restrictive.

D.

Set the value of the override date field at the shared level to be less restrictive

A public sector company is configuring encumbrance for managing capital budgets. The
finance department needs to configure posting definitions for bank transactions. You need
to configure Dynamics 365 for Finance and Operations for cash settlements. What should
you do?

A.

Configure general ledger year-end close.

B.

Configure combined deposit amounts.

C.

Configure budget appropriations.

D.

Configure advanced ledger entries.

A client has Accounts payable invoices in their legg entity in three different currencies. It is
month-end, and the client needs to run the foreign currency revaluation process to correctly
understand their currency exposure.
You need to set up Dynamics 365 for Finance and Operations to perform foreign currency
revaluation,
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.
NOTE: More than one order of answer choices is correct. You will receive credit for any of
the correct orders you select.

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.