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A client has one legal entity and the following four dimensions configured:
Business Unit, Cost Center, Department, and Division.
You need to configure the client’s system to run the trial balance inquiry in the General ledger module so that it displays the trial balance two ways:
– Include the main account and all four dimensions.
– Include the main account and only the business unit and cost center dimensions.
What should you configure?
A. two account structures
B. all financial dimensions by using the group dimension functionality
C. two financial dimension sets
D. two derived financial dimension hierarchies
Answer: C

An organization acquires a building. You need to register-and record the building as an asset building in Dynamics 365 Finance and Operations.What are three possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
A. Select an acquisition transaction type within a fixed asset journal.
B. Select an account type of Fixed Asset and a transaction type of Acquisition with a General Journal.
C. Use the sales order process to acquire the asset.
D. Eliminate the project to a fixed asset.
E. Create a sales invoice to record and register the fixed asset.
Answer: ABD

You are configuring the Accounts payable module for a company.The company needs to set a limit on the charges they will pay for specific items.You need to set up the limit for charges.Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A. Define the maximum charge amount on the vendor record.
B. Enter the maximum amount when you set up the charges code.
C. Use budget control with the specified charges code.
D. Set the maximum charge amount in the Accounts payable parameters,
E. Enable invoice matching validation in the Accounts payable parameters.
Answer: BE

A client is using the budget planning process in Dynamics 365 for Finance and Operations. Your client requires the ability to plan for a one-year, three-year, and five-year budget. You need to configure the various year length options to be used in the budgeting module.What should you do?
A. Configure budget control.
B. Configure budget codes.
C. Configure budget allocation terms.
D. Configure budget cycles.
Answer: B

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