Nest 0 Cart
Nest Account
Popular Exams
All Categories...
Nest
Nest 0
Contact
Log In / Sign Up
Copyright 2024 © store. All rights reserved.
Home Microsoft MB-340

Microsoft MB-340 Exam Practice Questions (P. 4)

  • Full Access (182 questions)
  • Six months of Premium Access
  • Access to one million comments
  • Seamless ChatGPT Integration
  • Ability to download PDF files
  • Anki Flashcard files for revision
  • No Captcha & No AdSense
  • Advanced Exam Configuration
Get Contributor Access
Question #16
A company uses a Microsoft Dynamics 365 Finance. Your role of Systems Administrator includes the management of the Microsoft Dynamics 365 Finance system.
The Financial Director wants a way to view the progress of financial closing processes. The solution must provide the ability to view tasks that are past due, remaining tasks for today, tasks that are due today but are blocked because of dependencies, and all remaining tasks for the process.
Which of the following should you configure?
  1. A
    Financial reports
  2. B
    Financial period close workspace
  3. C
    Business Process Flow
  4. D
    Financial insights workspace

Correct Answer:
B

Question #17
You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system.
You need to configure the Microsoft Dynamics Finance system to spread costs from one cost object to one or more other cost objects by applying a relevant allocation base.
Which of the following should you configure?
  1. A
    Cost allocation policy
  2. B
    Cost behavior
  3. C
    Cost elements
  4. D
    Cost distribution

Correct Answer:
D
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting

Question #18
You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system.
You need to configure the Microsoft Dynamics Finance system to classify costs according to their behavior in relation to changes in key business activities.
Which of the following should you configure?
  1. A
    Cost classification
  2. B
    Cost behavior
  3. C
    Allocation base
  4. D
    Cost elements

Correct Answer:
B
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting

Question #19
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.
You need to ensure that when creating sales orders, the sales tax is automatically calculated when an item is added to a sales order line.
Which two of the following fields must be populated in the sales order line to ensure the sales tax is calculated? (Choose two).
  1. A
    Item group
  2. B
    Customer sales tax group
  3. C
    Item sales tax group
  4. D
    Sales tax code

Correct Answer:
BC

Question #20
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.
You are configuring the system to ensure that when creating sales orders, the sales tax is automatically calculated when an item is added to a sales order line.
When testing the configuration, you discover that the sales tax is not calculated for the sales order line.
You need to verify the configuration.
Which of the following should you check?
  1. A
    Ensure that the sales tax code is associated with both the sales tax group and the item sales tax group.
  2. B
    Ensure that the sales tax code is associated with the sales tax group but not the item sales tax group.
  3. C
    Ensure that the sales tax code is associated with the item sales tax group but not the sales tax group.
  4. D
    Ensure that the sales tax code is not associated with either the sales tax group or the item sales tax group.

Correct Answer:
A

Previous Questions Next Questions

All Pages