Microsoft MB3-859 Online Practice Questions and Exam Preparation

Microsoft MB3-859 Online Questions & Answers

• Question 21:

  You need to perform period-end procedures for Receivable Management. Which routine should you complete first?

  A. Run the aging process.
  B. Assess finance charges.
  C. Run paid transaction removal.
  D. Print customer statements.
  A. Run the aging process.

• Question 22:

  Which statement is true for user classes?

  A. Are no longer used.
  B. Assign users to Organizational Structures.
  C. Provide the default information that displays on the home page.
  D. Simplify user setup by providing the default task and role information.
  C. Provide the default information that displays on the home page.

• Question 23:

  You need to determine the distribution accounts in Payables Transaction Entry. What is the default order?

  A. Vendor Class and then Posting Account Setup
  B. Vendor Account Maintenance and then Posting Account Setup
  C. Vendor Account Maintenance and then Vendor Class
  D. General Ledger setup and then Vendor Account Maintenance
  B. Vendor Account Maintenance and then Posting Account Setup

• Question 24:

  The Payables Transaction Entry window is open.

  You need to add the window to the Navigation page as a shortcut.

  What should you do?

  A. Drag and drop the window to the shortcut area on the Navigation Pane.
  B. Right-click in the window and then select Add to Shortcuts.
  C. Right-click in the shortcut area on your Navigation Pane and then select Add Current Window.
  D. Click File on the window menu bar and then select Add to Shortcuts.
  D. Click File on the window menu bar and then select Add to Shortcuts.

• Question 25:

  Which is true when you use the Master Asset ID field?

  A. Master Asset ID will default other fields of information in the Asset Maintenance window.
  B. Master Asset ID provides additional sorting options when you look up an Asset ID.
  C. Master Asset ID can be changed when a component is no longer part of the asset.
  D. Master Asset ID allows groups of assets to be retired at the same time.
  C. Master Asset ID can be changed when a component is no longer part of the asset.

• Question 26:

  You change the Depreciated to Date in the Asset Book window after you save an asset record. What is the result?

  A. The Original Life Year, Days field is recalculated.
  B. The asset is transferred to a new asset book record.
  C. The Cost Basis is adjusted.
  D. Yearly depreciation is recalculated.
  D. Yearly depreciation is recalculated.

• Question 27:

  You need to print an edit list prior to posting a General Ledger transaction. Which method of posting should you use?

  A. Series Posting
  B. Batch Posting
  C. Master Posting
  D. Transaction Posting
  B. Batch Posting

• Question 28:

  You enter the Next Number in the Bank Reconciliation Setup window.

  Which two types of transactions use the Next Number? (Each correct answer presents a complete solution. Choose two.)

  A. bank transactions with a transaction type
  B. cash receipts from Receivables Management
  C. bank deposits
  D. bank transactions with a receipt type
  C. bank deposits
  D. bank transactions with a receipt type

• Question 29:

  What is the effect of placing a customer record on hold?

  A. The customer record is inactivated automatically.
  B. You can enter only customer payments for that customer.
  C. A warning message appears when you enter a new sales transaction.
  D. You cannot post new transactions for that customer.
  C. A warning message appears when you enter a new sales transaction.

• Question 30:

  Which two processes can you perform in Paid Sales Transaction Removal? (Each correct answer presents part of the solution, Choose two.)

  A. Delete inactive customers.
  B. Transfer sales commissions to employees.
  C. Consolidate balance forward accounts.
  D. Transfer fully applied transactions to history.
  C. Consolidate balance forward accounts.
  D. Transfer fully applied transactions to history.