MB6-702 Microsoft

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Sample Questions

Free MB6-702 Sample Question 1

An organization has a policy of charging depreciation based on the usage of the fixed asset in a fiscal year.
You need to configure depreciation according to this policy.
Which depreciation method should you use?

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Free MB6-702 Sample Question 2

Each department manager at your company is responsible for managing his or her own department's budgets.
The budget manager decides that some departments must use a different budget threshold than other departments.
You need to configure Microsoft Dynamics AX to ensure that the new policies are enforced.
What should you configure?

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Free MB6-702 Sample Question 3

Your company plans to implement vendor invoice matching.
Your company policy states that vendor invoices must be reviewed to compare the prices and quantities on the invoices for accuracy.
You need to configure the invoice matching setup.
Which type of invoice matching should you configure?

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Free MB6-702 Sample Question 4

You are implementing Microsoft Dynamics AX 2012 for an organization that has multiple regions of operation.
The organization has a policy that states that centralized payments should be processed through the main office.
Which three actions should you perform to enable centralized payments? Each correct answer presents part of the solution.

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Free MB6-702 Sample Question 5

You are implementing fixed assets for your company.
The company requires the following business process for creating assets:
1. A worker completes a capital expenditure form and submits it to the accounting department for review and approval.
2. After the form is approved, the asset is created.
3. A purchasing agent creates a purchase order and submits it to the vendor for processing.
4. When the invoice is received from the vendor, the accounts payable clerk processes an invoice to acquire the asset. No other users are allowed to process the acquisition.
You need to configure Microsoft Dynamics AX to meet these requirements.
Which two configurations should you complete? Each correct answer presents part of the solution.

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Free MB6-702 Sample Question 6

What is the purpose of collections cases?

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Free MB6-702 Sample Question 7

You need to create a fixed asset that records depreciation quarterly.
Which form should you use to configure the period frequency for posting depreciation?

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Free MB6-702 Sample Question 8

You set up and activate a new budget planning process. You generate the original budget plan from the general ledger data.
The department managers need to enter their requested amounts for the budget plan and then load them back into Microsoft Dynamics AX.
Where should the department managers enter the data?

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Free MB6-702 Sample Question 9

You create a budget cycle time span that is based on the fiscal calendar from July 2014 through June 2015-How many budget models can be used for the budget cycle?

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Free MB6-702 Sample Question 10

You have enabled the Bill of exchange feature in Microsoft Dynamics AX.
You post a protest bill of exchange to a customer account.
Which account type on the customer posting profile should be debited?

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Free MB6-702 Sample Question 11

You are configuring Microsoft Dynamics AX for basic budgeting.
Which two setups are optional? Each correct answer represents a complete solution.

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Free MB6-702 Sample Question 12

You need to record fixed asset transactions by using journals
What should you configure before you can begin the recording process?

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Free MB6-702 Sample Question 13

In which three modules can a fixed asset be acquired? Each correct answer presents a complete solution.

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Free MB6-702 Sample Question 14

Which step must be taken before you can record an acquisition of a fixed asset on the General journal form?

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Free MB6-702 Sample Question 15

Your organization uses Microsoft Dynamics AX.
You need to set up journal names for the General journal.
Which journal type should you specify?

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Free MB6-702 Sample Question 16

You need to revaluetheforeign currency transactions in the Accounts payable subledger.
Which two statements describe what the foreign currency revaluation job accomplishes?
Each correct answer presents a complete solution.

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Free MB6-702 Sample Question 17

Which type of transactions require a bank transaction type to be set up on the Cash and bank management parameters form?

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Free MB6-702 Sample Question 18

You are the administrator for a multinational corporation (MNC). The corporation uses multiplechart of accounts and their corresponding financial dimension sets to meet the requirements of different regions. Each region is defined as a separate legal entity. You have defined multiple account structures as a combination of chart of accounts and dimensions.
You need to assign these account structures to a specific region.
Which form should you use to accomplish this goal?

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Free MB6-702 Sample Question 19

In which two scenarios should you use a periodic journal? Each correct answer presents a complete solution.

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Free MB6-702 Sample Question 20

Which three objects can be used to define fixed asset posting profiles? Each correct answer presents part of the solution.

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Free MB6-702 Sample Question 21

What is the purpose of an account structure?

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