You work for a company that receives invoices in foreign currencies. You need to configure the currency exchange rate provider and exchange rate types. What should you do? A. Configure exchange rate provider, create exchange rate type, and import the currency exchange rates. B. Select the appropriate HTML key values from the available exchange rate […]

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 […]

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 […]

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 […]

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 combined deposit amounts B. Configure budget appropriations C. Configure general ledger year-end close D. […]

You are configuring Dynamics 365 for Finance and Operations. You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting definitions? A. Accounts payable, Accounts receivable, Bank, Budget, Payroll, and Purchasing B. Accounts payable, Bank, Budget, Fixed assets, and Payroll C. Accounts payable, Accounts receivable, Fixed […]

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. […]

An organization uses Dynamics 365 for Finance and Operations. Several posted journal entries contain invalid main account and dimension combinations. This leads to incorrect financial reporting. You need to prevent these invalid combinations. What should you do? A. Configure the account structure to specify which financial dimensions are valid for which main accounts. B. Train […]

A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company. Transactions for current employees must be recognized in the general ledger twice a month with an employee’s pay. Transactions for new employees must be recognized in the general ledger based upon the […]

A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements: • Distribute overhead utility expense to each department. • Define how and in what proportion the source amounts must be distributed on various destination lines. You need to configure the allocation rule. Which allocation […]