You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact. You need to assign the Vendor (external) role to this vendor. Which tasks can this vendor perform?

An organization is setting up cost accounting. You need to set up fiscal calendars for Dynamics 365 for Finance and Operations. What are three uses for fiscal calendars? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

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 perform eliminations. Solution: Set up Elimination rules in the system. Then, run an elimination proposal. Configure the rules to post to any company that has U

A retail company has outlets in multiple locations. Taxes vary depending on the location. You need to configure the various components of the tax framework. In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Your role of Systems Administrator includes the management of your companys Microsoft Dynamics 365 Finance system.You are configuring the methods of payment in the Accounts Receivable module.You need to configure the system to perform validation of journal entries when electronic payments are received. Thevalidation must ensure that the type of bank operation that was used is selected by the user.Which of the following validation options should you select?

You are configuring the Fixed assets module for a Dynamics 365 Finance and Operations environment, You need to set up the basic configuration to create a fixed asset Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

You are configuring intercompany accounting for a multicompany enterprise. You need to set up: the Due to and Due from accounts. Which main account type should you use?

You work as the Procurements Manager for a company. The company uses Microsoft Dynamics 365 Finance for itsaccounting system.The company purchases several different products from a vendor.The vendor has agreed to give you a 10% discount if you purchase more than $10,000 worth of goods in a calendar month.You need to configure a purchase agreement in Microsoft Dynamics 365 Finance.Which of the following commitment types should you select in the purchase agreement?

After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen. A company is preparing to complete yearly budgets. The company plans to use-pie Budget module in Dynamics 365 for Finance and Operations for budget management You need to create the new budgets. Solution: Create budget plans to define the revenues for a budget Does the solution meet the goal?

A company needs to create budget plan templates for its budgeting process. You need to create the budget plan templates. In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

A public sector organization wants to set up the derived financial hierarchy to analyze posted transaction data. You need to set up the derived financial hierarchy to generate an outgoing electronic document. In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange item in the correct order.

Your role of Systems Administrator includes the management of your companys Microsoft Dynamics 365 Finance system.Invoice matching validation has been configured. Multiple matching policies have been applied at different matching policylevels.When viewing the configuration, you discover that an item named Item1 supplied by a vendor named Vendor1 is affected bymultiple matching policies applied at different levels.You need to determine which matching policy will be applied.Which of the following statements i

A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Systems Administrator. Yourrole will include the management of the Dynamics 365 system.You have been asked by the Finance Manager to configure invoice matching validation to check for discrepancies betweenvendor invoices, purchase orders and product receipts.The configuration must meet the following requirements:Compare the invoice amount of the invoice to the purchase order.Compare the total discount of the invoice to

A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Systems Administrator. Yourrole will include the management of the Dynamics 365 system.You have been asked by the Finance Manager to configure invoice matching validation to check for discrepancies betweenvendor invoices, purchase orders and product receipts.The configuration must meet the following requirements:Compare the unit price of the invoice to the unit price of the purchase order. Compare the invoice quantity t