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QUESTION NO: 1 You are creating a budget register entry for rent. You created a line for account 671450 with cost center 10 for an amount of 8,900.00 USD. You need to duplicate the line for each month of the year. What should you do? A. Use the allocate across period feature. B. Use the allocate across dimensions feature. C. Create a recurring entry. D. Create a periodic journal. Answer: C
QUESTION NO: 2 Your company has enabled commitment accounting. You need to identify which purchasing scenarios in your company should use the commitment accounting feature. In which two situations should you use encumbrance? Each correct answer presents a complete solution. A. for month utility payments B. to repair services C. for emergency purchases D. to make internal purchases Answer: AD
QUESTION NO: 3 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
QUESTION NO: 4 You are creating a new budget register entry. You create a line to account 606800 for 10,000.00 USD on January 1st of the current year. You need to spread the amount, based on a sales curve over the entire year. What should you do? A. Use the Allocate across dimension function on the line. B. Create a recurring entry. C. Create an allocation basis and rule. D. Use the Allocate across periods function on the line. Answer: D
QUESTION NO: 5 Which two elements are required before you can create a budget plan in Microsoft Dynamic 365 for Finance and Operations? Each correct answer presents part of the solution. A. budget planning process B. budget cycle time span C. budget plan preparer D. budget plan priorities Answer: AD
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