Microsoft Dynamics AX Financial v9.0 (MB6-893)

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Total 92 questions

In Microsoft Dynamics AX Financial, which fixed asset transaction can you process in the
Free text invoice form?

  • A. Acquisition
  • B. Acquisition adjustment
  • C. Disposal sale
  • D. Disposal scrap

Answer : C

You are implementing fixed assets for your company. Your company buys a machine for
100.000 USD and recognizes 10,000 USD of depreciation per year over the following ten years. At that time, the machine is not only fully depreciated, but the company is eliminating the machine without receiving any payment in return.
What are two available methods to eliminate a fixed asset? Each correct answer presents a complete solution.

  • A. Revaluation
  • B. Provision for reserve
  • C. Disposal scrap
  • D. Disposal sale

Answer : C,D

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

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

You are creating budget plans for the next fiscal period.
You need to add budget amounts, such as salary and benefits, into the budget plan lines for an employee.
Which method of generating a budget plan should you use?

  • A. Generate a budget plan from project forecasts.
  • B. Generate a budget plan from forecast positions.
  • C. Generate a budget plan from the general ledger.
  • D. Generate a budget plan from the budget plan.

Answer : A

O: 26 -
Your bank requires that you send prenotes (zero dollar transactions) to the bank to verify data.
You need to set up the cash and back management module to allow the creation of prenotes.
Which two actions should you perform? Each correct answer presents part of the solution.

  • A. Set “Allow copies of payments” in the Cash and bank management parameters to Yes.
  • B. Set “Activate prenotes” in the Bank accounts to Yes.
  • C. Set Allow prenote creation on inactive bank accounts in the Cash and bank management parameters to Yes.
  • D. Set “Prenotes” required in the Bank accounts to Yes.

Answer : A,B

You are an accounts receivable manager.
You need to generate a document that you can send to for a period.
What should you do?

  • A. Generate an internal accounts statement.
  • B. Generate a report for customer transactions.
  • C. Generate a collection letter note.
  • D. Generate a customer accounts statement.

Answer : A

You need to consolidate multiple subsidiary company transactions into the consolidation company in Microsoft Dynamics AX Financial.
You need to modify the financial dimensions at the time of consolidation, such as including the originating company code on each transaction.
When performing a consolidation in Dynamics AX, which three specifications can be selected for each dimension? Each correct answer presents a complete solution.

  • A. group dimension
  • B. main accounts
  • C. dimension
  • D. operating units
  • E. company accounts

Answer : A,C,D

You are an accounting manager, your company has a new customer, A ledger account must be set up to record the sales tax liability and payments made to the taxing authority in the customers specific region automatically. Which two account groups should you choose for these ledger accounts? Each correct answer presents part of the solution.

  • A. Settlement account
  • B. Sales-tax receivable
  • C. Sales-tax payable
  • D. Use-txpayable

Answer : C,D

You are an accounts payable manager.
you receive a rent invoice from a vendor for the next quarter. The total amount of the invoice is 300 USD. If you directly enter the amount, all of the charges will be allocated for the same period. However, you want to post the invoice in each appropriate period.
What should you create?

  • A. Voucher template
  • B. Ledger accruals
  • C. Periodic journal
  • D. Ledger allocation rules

Answer : A

You need to automatically create a fixed asset from a purchase order when an invoice is posted. In Microsoft Dynamics AX Financial, which of the following actions should you perform?

  • A. Configure the fixed asset posting profile.
  • B. Configure the fixed asset acquisition methods.
  • C. Select the Allow asset acquisition from Purchasing fixed asset parameter.
  • D. Select the Check for fixed assets creation during line entry fixed asset parameter.
  • E. Select the Create asset during product receipt or invoice posting fixed asset parameter.

Answer : E

You are the credit and collections manager at your company.
You set up an aging period definition based on your company's standard collections terms of 0, 90, and 180 days. Earlier this week, you had a telephone call with the customer about the invoices on their account that are overdue. During the call, the customer promised to pay the dues.
Which three actions should you perform to manage the collection process in the system?
Each correct answer presents part of the solution.

  • A. Send an email to the customer, including the statement.
  • B. Process non-sufficient funds (NSF).
  • C. Perform Write-Offs.
  • D. Change the status of invoices against the customer to "Promise to pay.
  • E. Update aging snapshot.

Answer : B,C,E

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

You are an accounts payable manager.
Your company buys office supplies from an out-of-state vendor. The vendor charges
100.00 USD for the supplies and no tax. The company may still owe taxes to the sales tax authority in its own state.
You need to define the ledger account to manage these transactions.
Which account group should you choose?

  • A. use-tax payable
  • B. use-tax expense
  • C. sales-tax receivable
  • D. sales-tax payable

Answer : C

You are an accounts receivable manager.
Your company instituted a two-level collection letter plan for a customer. The result was not as effective as your company had anticipated. Now you need to institute a plan that charges the overdue customer with a high-interest premium on the amount due.
What should you do?

  • A. Set up a customer accounts statement.
  • B. Set up interest adjustments.
  • C. Set up a collection letter note
  • D. Set up interest codes.

Answer : B

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Total 92 questions