Microsoft MB3-859 Online Practice Questions and Exam Preparation

Microsoft MB3-859 Online Questions & Answers

• Question 1:

  Which two Bank Reconciliation transactions update the General Ledger cash account? (Each correct answer presents a complete solution. Choose two.)

  A. deposits
  B. void deposits
  C. void receipts
  D. receipts
  B. void deposits
  D. receipts

• Question 2:

  You create a new budget by using the Budget Wizard for Excel.

  The new budget must include a 5% increase over the historical 2010 budget.

  Which budget calculation method should you use?

  A. Other Budget Percent
  B. Open Year Percent
  C. Amount Change D- Historical Year Percent
  A. Other Budget Percent

• Question 3:

  You have a vendor list that contains 12,000 records. You generate the list by using SmartList. How many records are returned by default?

  A. 100
  B. 1000
  C. 10,000
  D. 12,000
  B. 1000

• Question 4:

  You need to print the Bank Transaction Posting Journal for all transactions that you post in Bank Transaction Entry. When does the Bank Transaction Posting Journal print?

  A. After you post each of the transactions in Bank Transaction Entry.
  B. After you post the Bank Transaction batch in which the transactions were saved.
  C. After you post the transactions in Bank Transaction Entry and then select the transactions in Select Bank Transaction.
  D. After you post the transactions and close Bank Transaction Entry.
  D. After you post the transactions and close Bank Transaction Entry.

• Question 5:

  You need to save Report Writer reports to multiple file types.

  Which three items are valid file types for Report Writer reports? (Each correct answer presents a complete solution. Choose three.)

  A. Microsoft Access file
  B. Text file
  C. XML file
  D. Microsoft Word file
  E. HTML file
  B. Text file
  D. Microsoft Word file
  E. HTML file

• Question 6:

  A company has a monthly subscription of Microsoft Dynamics GP 2013. The subscription includes 10 registered users. Which is true for the user setup?

  A. You can set up 10 active users and 5 inactive users because the maximum number of registered users only applies to the active users.
  B. You can set up users of any type as long as the user count does not exceed 10 because the maximum number of registered users is 10.
  C. You can set up 7 active users and 3 limited users because the maximum number of registered users applies to both active and limited users.
  D. You can set up 30 active users and 10 inactive users because Microsoft Dynamics GP allows concurrent users.
  A. You can set up 10 active users and 5 inactive users because the maximum number of registered users only applies to the active users.

• Question 7:

  Which of the two types of activities can you monitor by using Activity Tracking? (Each correct answer presents a complete solution. Choose two.)

  A. File tracking
  B. Posting tracking
  C. SmartList tracking
  D. Field tracking
  A. File tracking
  B. Posting tracking

• Question 8:

  In Payables Transaction Entry, you can apply credit memos to which payables invoices?

  A. only invoices that are open and are posted
  B. only invoices that are in history
  C. only invoices that have been saved
  D. only invoices that are past due
  A. only invoices that are open and are posted

• Question 9:

  How is posting to historical years limited?

  A. You can post to all historical years.
  B. You cannot post to any historical year.
  C. You can post to the most recent historical year.
  D. You can post to the two most recent historical years.
  C. You can post to the most recent historical year.

• Question 10:

  You process the year end close for the Fixed Assets corporate book.

  Which two statements are true? (Each correct answer presents a complete solution. Choose two.)

  A. You must manually update the fiscal year for your corporate book to the next year.
  B. The Cost Basis amount is copied to the Begin Cost field for each asset in the book.
  C. A year end General Ledger entry is created automatically for each asset in the book.
  D. The fiscal year for your corporate book is set automatically to the next year.
  B. The Cost Basis amount is copied to the Begin Cost field for each asset in the book.
  D. The fiscal year for your corporate book is set automatically to the next year.