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Microsoft Dynamics 365 Finance Quiz Questions and Answers

Answer :
  • Cash and bank management

Explanation :

You can use Cash and bank management to maintain the company’s bank accounts and the financial instruments that are associated with those bank accounts. Cancel payments allows you to reverse a deposit made to the bank
Answer :
  • No

Explanation :

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-overview-configuration
Answer :
  • Define a budget journal, define budgeting parameters and number sequences, define budgeting dimensions, create budget models and codes, setup budget allocation terms

Explanation :

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/basic-budgeting-overview-configuration
Answer :
  • Balance sheet

Explanation :

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/intercompany-accounting-setup
Answer :
  • The group
  • The number sequence
  • The name

Explanation :

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/fixed-assets/tasks/create-fixed-asset
Answer :
  • When using encumbrance accounting for purchase orders

Explanation :

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/posting-definitions
Answer :
  • Transfer

Explanation :

https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/basic-budgeting-overview-configuration
Answer :
  • Select the fixed asset checkbox on the invoice

Explanation :

https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/acquire-assets-procurement