HOTSPOT (Drag and Drop is not supported)A rental service company hires you to configure their system to implement accrual schemes.You need to configure the accrual schemes for the company for both rentals and associated expenses.Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.Note: Each correct selection is worth one point.Hot Area:
Answer(s): A
A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company.Transactions for current employees must be recognized in the general ledger twice a month with an employee's pay. Transactions for new employees must be recognized in the general ledger based upon the employee's first pay date.You need to configure accrual schemes for the new fiscal year.Which two configurations should you use? Each correct answer presents part of the solution.Note: Each correct selection is worth one point.
Answer(s): C,D
HOTSPOT (Drag and Drop is not supported)A client plans to use the cost accounting module in Dynamics 365 Finance.You need to associate the correct definitions to the correct cost accounting concepts.Which terms match the definitions? To answer, select the appropriate configuration in the answer area.Note: Each correct selection is worth one point.Hot Area:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-accounting/terms-cost- accounting
An organization uses Dynamics 365 Finance.Several posted journal entries contain invalid main account and dimension combinations. This leads to incorrect financial reporting.You need to prevent these invalid combinations.What should you do?
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/configure-account- structures
HOTSPOT (Drag and Drop is not supported)A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States.You are viewing a vendor master data record on the 1099 FastTab.Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.Note: Each correct selection is worth one point.Hot Area:
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