MB6-893 | Renewal Microsoft MB6-893 dumps
Q11. You are an accountant.
You are creating your travel expense budget for the fiscal year and want to enter the same budget amount for each month.
On the budget register entry, which option should you choose?
A. transfer balances
B. allocate across dimensions
C. enter recurrence
D. allocate across periods
Answer: A
Q12. What are the three advanced collection management tasks that are performed in Microsoft Dynamics AX Financials to manage collections? Each correct answer presents the part of the solution.
A. waive, reinstate, or reverse interest and fees
B. create write-off transactions
C. set up interest codes
D. set up Customer pool
E. process non-sufficient funds (NSF) payments
Answer: C,D,E
Q13. You are the finance manager at your company, and you are configuring the bank module. Your primary concern is reviewing processes before posting.
Aside from workflow, which two processes are in the cash and bank parameters for an un- posted journal to be created before posting? Each correct answer presents a complete solution.
A. intercompany transfers
B. electronic payments
C. deposit slip cancellations
D. check reversals
Answer: B,D
Q14. The finance department of a company is analyzing which budgeting methodology it wants to use for the next fiscal year.
The department has narrowed the options down to historical budgeting and zero-based budgeting.
Which advantage does a historical budgeting methodology provide over a zero-based budgeting methodology?
A. eliminates inflated budgets since performance determines the next budget
B. stabilizes budget and offers gradual change
C. helps to identify opportunities for outsourcing
D. drives managers to find cost-effective ways to improve operations
Answer: D
Q15. You are an accounts payable clerk. During a check run, Microsoft Dynamics AX Financials generates a check and posts the payment journal. The check is sent to the vendor, but you then learn form the vendor that the check has not been received. In order to reverse the check payment, which two actions should you perform? Each correct answer presents part of the solution.
A. Go into the check reversal journal, and post the check reversal
B. From the Settle transaction screen on the vendor record, select the invoice and payment, and post it.
C. From the checks from select to reverse the check
D. Create a new vendor payment journal and add a reversing entry.
Answer: C,D
Q16. You are the finance manager at your company, and you are configuring the bank module. Your primary concern is reviewing processes before posting.
Aside from workflow, which two processes are in the cash and bank parameters for an un- posted journal to be created before posting? Each correct answer presents a complete solution.
A. intercompany transfers
B. electronic payments
C. deposit slip cancellations
D. check reversals
Answer: B,D
Q17. You are generating a budget plan from the general ledger.
You first need to select an Action (reason) for how you want to create this budget plan. Which three options can you choose from in Microsoft Dynamics AX Financials? Each
correct answer presents a complete solution.
A. Update the existing budget plan scenario based on a factor.
B. Update the existing budget plan scenario, and append new data.
C. Create a new budget plan from a template.
D. Create a new budget plan.
E. Replace the existing budget plan scenario.
Answer: A,B,C
Q18. You are setting up an allocation rule and distributing amounts based on revenue dollars.
You need to share the cost of corporate advertising expenses across all departments and base each department’s sales in proportion to the total sales of all departments.
Which allocation should you choose?
A. Fixed Percentage
B. Equally
C. Fixed Weight
D. Basis
Answer: B
Q19. You are the director of finance.
You are starting to create budgets for the fiscal year and want to generate budget plans from prior year expenses. However, this year, you know your expenses will be more than last.
Which field should you set in the generate budget plan from the general ledger form to account for this increase in budget?
A. Minimum
B. Percent
C. Factor
D. Rounding rule
Answer: B
Q20. You need all budget transfers to use a workflow except the specific members of the budget transfer rules.
When creating a budget transfer rule, what information is used to define when transfers are allowed?
A. the dimensions on the transfer
B. the amount of the transfer
C. the date of the transfer
D. the employee requesting the transfer
Answer: C