MB6-893 | Far out Microsoft MB6-893 vce

Q1. An accountant needs to define which main accounts and financial dimensions can t>e used together when entering journals and transactions.

The accountant sets up the chart of accounts and creates the financial dimensions.

What are two possible actions the accountant can perform next to achieve the goal? Each correct answer presents a complete solution.

A. Configure Account Structure.

B. Create Derived Financial Hierarchies.

C. Set up Advanced Rules.

D. Set up Financial Dimension Sets.

Answer: B,D

Q2. You are creating a budget register entry. You notice that a manual budget reservation will

exceed the budget.

What should you do within the budget register entry to satisfy the over-budget condition?

A. enter recurrence

B. transfer balances

C. allocate across periods

D. allocate across dimensions

Answer: A

Q3. Your company receives several invoices on which the sales lax amount differs from what Microsoft Dynamics AX Financials calculates automatically.

To make the sales tax amounts match the invoices, you need to revise the sales tax amount on a transaction before posting.

What are the three types of revisions that you can perform? Each correct answer presents part of the solution.

A. Enter a correction of the sales tax amount in the "Actual sales tax amount" field for a selected sales tax code line.

B. Enter an adjustment amount in the "Actual sales tax charge" field if the transaction has several sales tax code lines.

C. Enter adjustments to the use tax amount in the "Total actual sales tax amount" field if the sales tax code line applies to use taxes.

D. Enter adjustments to the use tax amount in the "Actual sales tax charge" field if the sales tax code line applies to use taxes.

E. Enter an adjustment amount in the "Total actual sales tax amount" field if the transaction has several sales tax code lines.

Answer: A,B,C

Q4. Your company has acquired an additional company and wants any differences from the consolidation to be posted to the profit and loss account.

What should you configure to achieve this goal?

A. account for automatic transactions

B. transaction posting definitions

C. liquidity accounts

D. balance control account

Answer: A

Q5. You have a new customer who pays their invoices on Tuesday and Thursday of every week You need to define this payment t cycle on the customer record.

What should you do?

A. Create a Method of Payment with this payment cycle, and assign it to the customer.

B. Create a Farms of Payment with this payment cycle, and assign it to the customer record

C. Create a Payment Day with this payment cycle, and assign it to the customer.

D. Create a Payment Schedule with this payment cycle, and assign it to the customer.

Answer: C

Q6. Your company is considering tracking budgets by Account, Department, and Cost Center dimensions. There is a requirement to prevent exceeding the budgeted amounts for each Department but not for each Cost Center.

Which three actions must be performed to allow budget control for Accounts and Department, and basic budgeting by Account, Departments, and Cost Center, before budget control is enabled? Each correct answer presents part of the solution.

A. Select only “MainAccount” and “Department” as budgeting dimensions.

B. Select the main accounts for budget control.

C. Select only “MainAccount” and “Department” as budget control dimensions.

D. Select only “Department” as a budget control dimension.

E. Select only “MainAccount,” “Department” and “CostCenter” as budgeting dimensions.

Answer: B,C,D

Q7. You are setting up taxes on customer invoices. You need to report a sales tax on the invoice, as and when it is settled, to the tax authorities.

When the customer settles the invoice with the second payment of 625 USD, you report the remaining sales tax. What should you set up in this situation?

A. Withholding sales tax

B. Sales tax exemption

C. Standard sales tax

D. Conditional sales taxes

Answer: D

Q8. Your company needs to reuse a check number in case a check was printed incorrectly or the check stock was not used. You need to allow reuse of the check number. Where do you define this action?

A. in the Vendors area of the Accounts payable parameters setup form

B. in the Customers area of Accounts receivable parameters setup form

C. in the Cash and bank management parameters form of the Cash and bank management parameters setup form

D. in the Posting area of the General ledger parameters setup form

Answer: A

Q9. Your company receives several invoices on which the sales lax amount differs from what Microsoft Dynamics AX Financials calculates automatically.

To make the sales tax amounts match the invoices, you need to revise the sales tax amount on a transaction before posting.

What are the three types of revisions that you can perform? Each correct answer presents part of the solution.

A. Enter a correction of the sales tax amount in the "Actual sales tax amount" field for a selected sales tax code line.

B. Enter an adjustment amount in the "Actual sales tax charge" field if the transaction has several sales tax code lines.

C. Enter adjustments to the use tax amount in the "Total actual sales tax amount" field if the sales tax code line applies to use taxes.

D. Enter adjustments to the use tax amount in the "Actual sales tax charge" field if the sales tax code line applies to use taxes.

E. Enter an adjustment amount in the "Total actual sales tax amount" field if the transaction has several sales tax code lines.

Answer: A,B,C

Q10. You are the accounts payable manager in a European subsidiary of your company.

Your company purchases goods from a vendor that is not located in Europe. The vendor did not charge sales tax on the invoice but the customs office sends an invoice because the goods crossed the border and the company declared them at customs.

What should you do?

A. Report sales tax on the imported goods.

B. Report withholding sales tax on the imported goods.

C. Report conditional sales tax on the imported goods

D. Report sales tax exemption on the imported goods.

Answer: A