Check and practice Microsoft MB6-895 exam questions well.

1. You are creating a budget register entry for rent. You created a line for account 671450 with cost center 10 for an amount of 8,900.00 USD.

You need to duplicate the line for each month of the year.

What should you do?

2. Your company has enabled commitment accounting.

You need to identify which purchasing scenarios in your company should use the commitment accounting feature.

In which two situations should you use encumbrance? Each correct answer presents a complete solution.

3. You are responsible for budget and are currently creating a budget.

You need to identify the steps that the budget plan will contain.

Which budget planning feature should you use to identify the steps?

4. You are creating a new budget register entry. You create a line to account 606800 for 10,000.00 USD on January 1st of the current year.

You need to spread the amount, based on a sales curve over the entire year.

What should you do?

5. You are implementing the budget control feature for Contoso, LTD

You need to configure the system based on the requirements you have gathered.

Which three settings can be defined for the Budget control configuration feature? Each correct answer presents a complete solution.

6. You are consultant who works for Contoso, Ltd. You are implementing Microsoft Dynamics 365 for Finance and Operations and have gathered requirement from the client for their budgeting process.

You need to identify which requirements rom Contoso, Ltd. should be configured as a budget planning stage.

Which requirement should you identify?

7. Which two elements are required before you can create a budget plan in Microsoft Dynamic 365 for Finance and Operations? Each correct answer presents part of the solution.

8. You are the budget manager at Contoso, Ltd. You have implemented a new policy that requires some departments to have a different budget threshold from other departments.

You need configure Microsoft Dynamics 365 for Finance and Operations to ensure that the new policies are enforced.

What should you configure?

9. You create a new budget register entry. You later realize that the date for the lines is set to today’s date.

You need to quickly correct the dates to be the first day of the current month.

What should you do?

10. What is the purpose of the budget control feature in Microsoft Dynamics 365 for Finance and Operations?

11. You department manager wants an estimate of the actual invoice amounts that you will bill for customer the month. However, the department manager does not want these amounts posted.

You need to create a pro forma invoice

From which two types of transactions can you create a pro forma invoice? Each correct answer presents a complete solution.

12. While you are printing checks, one of the checks gets jammed in the printer and must be reprinted.

You need to cancel the damaged check.

Which feature should you use for cancelations?

13. You create and post a payment journal with a method of payment that is configured with bridging account. The bank notifies you that the payment has cleared the account.

What should you do next?

14. You are the fixed asset manager at Contoso, Ltd. You have recently inventoried the company’s laptops, identified several laptops that have reached end of life, and decided to sell the laptops.

You need to generate a document and record the sale of each asset.

What should you create?

15. You need to set up conditional sales tax on a transaction.

Which two steps are always required, regardless of the country the sales tax is being processed in? Each correct answer presents part of the solution.

16. You need ensure that you have the most current data to manage customer collections.

What should you create first?

17. You are creating a posting a sales tax transaction.

The sales tax percentage is incorrect for the current transaction and will need to be revised prior to posting a transaction.

You need to correct the sales tax percentage for this order and all future order.

Where should you make the configuration change?

18. You are configuring Microsoft Dynamics 365 for Finance and Operations.

You need to allow finance user to acquire assets by creating Fixed assets journals.

Which configuration should you complete to enable this functionality?

19. You are reviewing and processing transactions in the General ledger module.

What are three account types that you can choose in a General ledger journal? Each correct answer presents a complete solution.