Microsoft MB6-700 - Microsoft Dynamics AX 2012 R2 Project Exam
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Total 75 questions
Question #6 (Topic: )
Your company invoices in U.S. dollars on a project for a company whose currency is euros.
To avoid any issues with currency exchange rate fluctuations,you agree on a fixed currency
exchange rate for invoices.
How should you set up the project?
To avoid any issues with currency exchange rate fluctuations,you agree on a fixed currency
exchange rate for invoices.
How should you set up the project?
A. Specify a fixed-rate agreement on the project.
B. Specify a fixed exchange rate on the invoice proposal.
C. Specify a fixed exchange rate on the sales order.
D. Specify a fixed-rate agreement on the project contract.
Answer: D
Question #7 (Topic: )
Which item is used to transfer costs from work in process (WIP) accounts to profit and loss
accounts?
accounts?
A. Post costs form
B. Adjustments form
C. On-account posting
D. Expense journal
Answer: A
Question #8 (Topic: )
You need to recognize revenue as project costs are posted.
Which type of project should you use?
Which type of project should you use?
A. Fixed-price project with completed percentage and production plus profit
B. Time and material project with work in process (WIP)
C. Time and material project with accruals
D. Fixed-price project with completed percentage and sales value
E. Internal project with work in process (WIP)
Answer: C
Question #9 (Topic: )
You are responsible for a customers fixed-price project.
The customer requests that you provide additional spare parts. The purchase of these
spare parts falls outside the scope of the project.
You need to ensure that the customer is charged for the spare parts.
How should you create the sales order so that the customer is invoiced for the spare parts?
The customer requests that you provide additional spare parts. The purchase of these
spare parts falls outside the scope of the project.
You need to ensure that the customer is charged for the spare parts.
How should you create the sales order so that the customer is invoiced for the spare parts?
A. Create the sales order by using a subproject of the type cost.
B. Create the sales order by using a subproject of the type time and material.
C. The sales order cannot be created because this is a fixed-price project.
D. Create the sales order from the fixed-price project and ensure that the line property for the order lines is chargeable to the customer.
Answer: B
Question #10 (Topic: )
Which journalizing option is used only for time tracking?
A. No ledger
B. Profit and loss
C. Never ledger
D. Balance
Answer: A
