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-800

Microsoft MB-800 Exam Practice Questions (P. 5)

  • Full Access (307 questions)
  • One Year 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 #41
A company has been using Dynamics 365 Business Central for many years.
A new accounting manager for the company reviews the chart of accounts. The manager wants to remove some general ledger accounts.
The Check G/L Account Usage field is selected in the General Ledger Setup.
You need to assist with the account deletions.
What is one requirement that enables deletion of a general ledger account?
  1. A
    The account cannot be used in any posting groups or posting setup
  2. B
    The account cannot be used in any account schedule.
  3. C
    The general ledger account cannot allow for direct posting.
  4. D
    The account must have ledger entries.

Correct Answer:
A
Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-setup-chart-accounts

Question #42
The general ledger account for accounts receivable must match the sum of all balances on the customer cards.
You need to set up the general ledger account card for accounts receivable to meet this requirement.
What should you do?
  1. A
    Configure the account type.
  2. B
    Block the account.
  3. C
    Configure totaling.
  4. D
    Disallow direct posting.

Correct Answer:
D
chatbot-img GPT-4o - Answer
Disallowing direct posting to the accounts receivable general ledger account ensures that the entries in this account come exclusively from customer cards. This setup maintains accurate matching between the general ledger account balance and the combined balances of all customer cards, promoting consistency and reducing the risk of manual entry errors. This method effectively prevents discrepancies in financial reporting.

Question #43
HOTSPOT -
A company uses Dynamics 365 Business Central.
The company wants to automate sales credit memo processing.
You need to configure the system to meet the requirements.
What should you do? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:


Correct Answer:

Question #44
DRAG DROP -
You are implementing Dynamics 365 Business Central. The accounting manager of the company provides you with the chart of accounts.
You need to set up specific posting groups according to the chart of accounts.
Which setup should you use? To answer, drag the appropriate setup to the correct action. Each setup may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:


Correct Answer:

 Reference:
https://docs.microsoft.com/en-us/learn/modules/posting-groups-dynamics-365-business-central/1-set-up

Question #45
You copy a General Posting Setup from an instance of Dynamics 365 Business Central.
You must configure the General Posting Setup. You assign a category and subcategory to each account.
You need to complete the configuration as efficiently as possible.
What are three ways to complete the configuration? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
  1. A
    Use the Copy action to create a new General Posting Setup Card
  2. B
    Import a configuration package that contains the General Posting Setup
  3. C
    Use the Suggest Accounts action to create all possible posting setup combinations
  4. D
    Create a new General Posting Setup Card, and then use the Suggest Accounts action
  5. E
    Create a new General Posting Setup Card, and then use the Copy action

Correct Answer:
BDE
Reference:
https://docs.microsoft.com/en-us/learn/modules/posting-groups-dynamics-365-business-central/4-configure

Question #46
HOTSPOT -
A company is implementing Dynamics 365 Business Central.
The accountant must be able to report discounts received on purchased items separately from costs.
You need to configure the system to meet the requirement.
How should you configure the system? To answer, select the appropriate configurations in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:


Correct Answer:

 Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/purchasing-how-record-purchase-price-discount-payment-agreements

Question #47
A company is implementing Dynamics 365 Business Central.
The company needs to post monthly general journal batches for purchase expenses incurred throughout the month. The posted entries must have unique, incremental document numbers. The numbers must increment by one and be sequential.
You need to configure the system to meet the requirements.
Which three actions should you perform in sequence? Each correct answer presents part of the solution.
  1. A
    Create a Template Batch with Posting No. Series.
  2. B
    Create the No. Series.
  3. C
    Configure a General Journal with Purchase Reason Code.
  4. D
    Configure a General Journal Template with Purchase Type.
  5. E
    Create a Template Batch with No. Series.

Correct Answer: ABD
chatbot-img GPT-4o - Answer
The optimal setup involves first creating the No. Series, crucial for generating unique, sequential numbers for the documents. The next step is to create a General Journal that is specifically tailored to handle purchase transactions, influencing the nature of the entries. Lastly, incorporating a Template Batch with the No. Series ensures that each journal entry complies with the established numbering sequence, thus meeting the company's requirements for document uniqueness and incrementality. This sequence efficiently ensures every transaction is accurately documented, adhering to the company's need for systematic and traceable record-keeping.

Question #48
DRAG DROP -
An accountant discovers inconsistencies between financial statements and balances in the chart of accounts.
You suspect that the discrepancies might be a result of missing categories and subcategories.
You need to ensure that the financial statements match the chart of accounts.
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.
Select and Place:


Correct Answer:

 Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-general-ledger

Question #49
DRAG DROP -
You set up a new company for a customer. The customer provides you with the chart of accounts and the preferred grouping of items, vendors, and customers.
You must ensure that item posting corresponds with the grouping preferences and chart of accounts for the customer.
You need to create the posting groups and setup.
Which type of posting groups should you create? To answer, drag the appropriate posting group types to the correct entities. Each posting group type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:


Correct Answer:

 Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-posting-groups

Question #50
HOTSPOT -
You are implementing Dynamics 365 Business Central.
You are creating an expense account for office supplies in the chart of accounts. The account may be used for purchase invoice transactions as well as general journal transactions.
You need to configure the remaining options for the account.
Which values should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:


Correct Answer:

Previous Questions Next Questions

All Pages