NEW QUESTION NO: 2

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 worldwide consolidation of these subsidiaries to report in US dollars.
In which form do you indicate the currency translation types to use for this purpose?
A. Foreign currency revaluation
B. Additional consolidation accounts
C. Legal entities
D. Main accounts
Answer: D
Section: (none)

NEW QUESTION NO: 3
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 existing subsidiary companies.
Before you can perform a consolidation, which two other actions are required? Each correct answer presents part of solution. (Choose two.)
A. Create a consolidated account structure.
B. Configure basic currency requirements.
C. Configure basic ledger requirements.
D. Create a consolidated chart of accounts.
Answer: B,D
Section: (none)

NEW QUESTION NO: 4
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 for the Budget control configuration feature? Each correct answer presents a complete solution. (Choose three.)
A. the various transactions that will have a budget check performed
B. the transactions to be included and excluded in the budget funds available
C. the budget planning stages and templates for uploading the budget
D. the main accounts and financial dimensions to be validated
E. the workflow that is required when a budget is exceeded
Answer: B,D,E
Section: (none)

NEW QUESTION NO: 5
Your company has purchased new computer server equipment for the data center. The controller has asked you to set up fixed asset accounting and use the reducing balance depreciation method for the new equipment.
You must create depreciation profiles for this equipment.
When reducing balance is the selected method, which additional parameter is required that is unique to the selected method?
A. depreciation year
B. net book value
C. period frequency
D. percentage
Answer: D
Section: (none)
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/fixed-assets/reduce-balance- depreciation

NEW QUESTION NO: 6
Your work for Contoso, Ltd. Your company has many subsidiaries in various countries that all use a shared chart of accounts. One subsidiary's local government requires the use of a government -mandated chart of accounts for reporting. This chart is the same for some accounts in your shared chart of accounts, but not for all of them.
You need to ensure that foreign subsidiary is able to complete the mandatory statutory reporting while adhering to the local government regulations.
Which two steps should you take to enable the mandatory statutory reporting? Each correct answer presents a part of the solution. (Choose two.)
A. Set up currency exchange rates for the government-mandated chart.
B. Map all accounts from the shared chart of accounts to additional consolidation accounts from the government-mandated chart
C. Set up a consolidation group for the government-mandated chart
D. Create a new chart of accounts specifically to be used for the subsidiary company that matches the government-mandated chart of accounts.
Answer: C,D
Section: (none)
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidation- account-groups-consolidation-accounts

NEW QUESTION NO: 7
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 current month.
What should you do?
A. Use the periodic journal feature to save the journal, then create a new journal with the correct date in the dialog.
B. Select all the lines on the budget register entry, and then use the allocate across periods feature to update the date.
C. Select all the lines on the budget register entry, use the copy feature to duplicate all the lines, and select the correct date.
D. Use the open lines in Excel feature, modify the entries to have the correct date, and then publish the spreadsheet.
Answer: D
Section: (none)

NEW QUESTION NO: 8
You are setting up vendor groups.
You want to assign the same characteristics to vendors by simply selecting a group.
Which two characteristics can be assigned by vendor group? Each correct answer presents a complete solution. (Choose two.)
A. price group
B. default tax group
C. terms of payment
D. charges group
Answer: B,C
Section: (none)
Explanation/Reference:
References:
https://technet.microsoft.com/en-us/library/aa550420.aspx

NEW QUESTION NO: 9
You are the accounts payable manager at your company.
Per the agreement with your supplier, you need to create a payment schedule against an invoice of 10.000 USD to be paid at 2,000 USD each month until the balance is paid.
Which three setup criteria can you define on the payment Schedule form? Each correct answer presents part of the solution. (Choose three.)
A. amount of each installment
B. due date of each installment
C. number of installments
D. terms of payment
E. payment days
Answer: A,C,D
Section: (none)

NEW QUESTION NO: 10
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 to identify the steps?
A. budget planning stages
B. budget planning workflow stages
C. budget plan scenarios
D. budget plan priorities
Answer: A
Section: (none)
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning- overview-configuration

NEW QUESTION NO: 11
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 correct answer presents a complete solution. (Choose three.)
A. Status by company
B. Status by store
C. Status by person
D. Status by area
E. Status by product
Answer: A,C,D
Section: (none)

NEW QUESTION NO: 12
Your 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 create a pro forma invoice.
From which two types of transactions can you create a pro forma invoice? Each correct answer presents a complete solution. (Choose two.)
A. Payment schedule
B. Free text
C. Sub ledger
D. Sales order
Answer: B,D
Section: (none)
Explanation/Reference:
References:
https://technet.microsoft.com/en-us/library/gg213135.aspx