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DRAG DROP (Drag and Drop is not supported)
You need to recommend a solution to meet Margie’s consolidation requirements.

What should you recommend? To answer, drag the appropriate solutions to the correct requirements. Each solution may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

  1. See Explanation section for answer.

Answer(s): A

Explanation:




Box 1: Consolidation company
Eliminations can be reported in multiple ways:
* A separate company can be created and used to manually determine and post elimination transactions. This company can be used in the consolidation process or in financial reporting.
* Elimination rules can be set up in the system.
* The accounts and financial dimensions that are used to determine intercompany activity can be filtered on a row definition or column definition in Financial reporting, and full drill-down capabilities can be used.

Box 2: Financial reporting
There are multiple options for consolidating data:
* Financial reporting – This option enables consolidation of transactions and balances, and can be generated at any time. Multiple levels of hierarchies can be created, and multiple reporting currencies can be viewed.
* Consolidate online – This option consolidates daily balances by the selected accounts and dimensions, and stores them in a consolidation company.
* Consolidate with import – This option imports balances into a consolidation company.
Export company balances

Note: The CEO is considering the acquisition of additional companies in the same countries as the current companies. The consolidation structure may change within the first 90 days of go-live. Margie’s does not want to finalize the consolidation structure for a hard-close at month’s end until this has been finalized.


Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/consolidation-elimination-overview



A company is upgrading their AX 2012 R3 environment to Dynamics 365 Finance. The company plans to upgrade the data store by using a phased approach.

You need to define the strategy to migrate master data and opening balances.
Which tool should you recommend?

  1. Microsoft Dynamics AX Intelligent Data Management Framework
  2. Data migration tool
  3. Data upgrade tool
  4. Upgrade analysis

Answer(s): D

Explanation:

Run the upgrade analyzer tool against your AX 2012 environment. This tool will assist you in identifying data that can be cleaned up without losing any functionality. It also reviews your existing SQL configuration and recommends optimization for performance improvement. Deprecated features that you are currently using in AX will be highlighted to help you discover gaps in functionality and alternatives will be offered.

Note: After the data clean-up and upgrade analysis, run the code upgrade estimation tool to convert existing code and customizations into new formats and identify any conflicts with the Finance and Operations code base for later resolution. After receiving reports from the upgrade and code analysis tools, you are ready to deploy a demo Dynamics 365 for Finance and Operations environment to evaluate new features and perform a basic fit-gap analysis of standard features that may have changed in Finance and Operations.

The final step in the analyze phase is to create a project plan using the information gained from previous steps. A project plan template is provided in the LCS upgrade methodology.

Incorrect:
Not C: This Microsoft Dynamics AX 2012 data upgrade process is for self-service environments. Complete the sections of this topic in the following order:

Prerequisites
Data upgrade process – Run the AX2012DataUpgradeToolKit.exe application to complete the upgrade process.
Reporting section of the application – Review the reports of the replication validation, replication status, data upgrade status, and rollback data upgrade status.
Tooling section of the application.


Reference:

https://www.randgroup.com/insights/microsoft/dynamics-365/finance/upgrading-dynamics-ax-2012-to-dynamics-365-for-finance-and-operations/
https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/migration-upgrade/data-upgrade-self-service



A company creates a canvas app in a development environment.
The technical team wants to move the app from the development environment to a test environment.

You need to provide a recommendation.
What should you propose?

  1. Use a configuration migration tool.
  2. Export and import a managed solution.
  3. Export and import a patch.
  4. Use a package deployer.

Answer(s): B

Explanation:

Use solutions to ship changes across environments.

Managed solutions are used to deploy to any environment that isn't a development environment for that solution. This includes test, UAT, SIT, and production environments. Managed solutions can be serviced independently from other managed solutions in an environment. As an ALM best practice, managed solutions should be generated by exporting an unmanaged solution as managed and considered a build artifact.


Reference:

https://docs.microsoft.com/en-us/power-apps/maker/data-platform/export-solutions
https://docs.microsoft.com/en-us/power-platform/alm/solution-concepts-alm



A company is upgrading their AX 2012 R3 environment to Dynamics 365 Finance. The company plans to upgrade the data store by using a phased approach.

You need to define the strategy to migrate master data and opening balances.
Which tool should you recommend?

  1. Business process modeler
  2. Upgrade analysis
  3. Combine XPO tool
  4. Data Import/Export Framework

Answer(s): B

Explanation:

Run the upgrade analyzer tool against your AX 2012 environment. This tool will assist you in identifying data that can be cleaned up without losing any functionality. It also reviews your existing SQL configuration and recommends optimization for performance improvement. Deprecated features that you are currently using in AX will be highlighted to help you discover gaps in functionality and alternatives will be offered.

Note: After the data clean-up and upgrade analysis, run the code upgrade estimation tool to convert existing code and customizations into new formats and identify any conflicts with the Finance and Operations code base for later resolution. After receiving reports from the upgrade and code analysis tools, you are ready to deploy a demo Dynamics 365 for Finance and Operations environment to evaluate new features and perform a basic fit-gap analysis of standard features that may have changed in Finance and Operations.


Reference:

https://www.randgroup.com/insights/microsoft/dynamics-365/finance/upgrading-dynamics-ax-2012-to-dynamics-365-for-finance-and-operations/



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MD commented on June 29, 2024
I have already scheduled the exam. Why cant i get only questions and answers? maybe a better price for only the PDF would have been nice.
Anonymous
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