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Microsoft Dynamics 365 Commerce Functional Consultant

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Question 1 of 182

A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Systems Administrator. Your role will include the management of the Dynamics 365 system.

The company has several departments. You need to configure allocations for the departments. The company has the following requirements for the allocations:

The allocations should be fixed or variable.

Allocation journal entries must be automatically created for review before posting.

You need to configure the system to meet the requirements.

What should you configure?

Answer

Suggested Answer

The suggested answer is D.

Question 2 of 182

Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

You need to configure posting definitions and posting profiles. You need to determine under which circumstance you should configure a posting definition or a posting profile.

Which two of the following statements are true? (Choose two).

Answer

Suggested Answer

The suggested answer is A, C.

Reference:
https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/about-posting-definitions
Question 3 of 182

A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Systems Administrator. Your role will include the management of the Dynamics 365 Finance system.

You need to configure fiscal calendars to be used with fixed asset depreciation, financial transactions, and budget cycles.

Which two of the following statements are

true? (Choose two)

Answer

Suggested Answer

The suggested answer is A, C.

Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/fiscal-calendars-fiscal-years-periods
Question 4 of 182

Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

The company has several departments.

The company spends a lot of money each year on marketing campaigns.

You need to configure allocation rules to divide the marketing costs between the company departments.

The marketing expenses must be allocated based on each department's sales in proportion to the total departmental sales.

Which allocation method should you use in the allocation rule?

Answer

Suggested Answer

The suggested answer is A.

Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/ledger-allocation-rules
Question 5 of 182

A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Functional Consultant. Your role will include the management of the Dynamics 365 Finance system and to provide training for members of the Accounts team.

You are providing training on the cost accounting module in the Dynamics 365 Finance system.

Which of the following statements describes the allocation base?

Answer

Suggested Answer

The suggested answer is A.

Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-accounting/terms-cost-accounting

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