Microsoft MB3-859 Online Practice Questions and Exam Preparation

Microsoft MB3-859 Online Questions & Answers

• Question 71:

  You print all your financial statements for a specific fiscal period.

  You need to prevent users from posting any Payables Management transactions to that fiscal period.

  What should you do?

  A. Mark the purchasing series closed for that specific period in Fiscal Period Setup.
  B. Mark the specific period closed in Payables Year End Closing.
  C. Mark the specific period closed for the purchasing series in Period Consolidation.
  D. Mark the purchasing series closed for that specific period in Reconcile to General Ledger.
  A. Mark the purchasing series closed for that specific period in Fiscal Period Setup.

• Question 72:

  Which field is required when you create a new customer record?

  A. class ID
  B. Customer ID
  C. Payment Terms
  D. Accounts Receivable account
  B. Customer ID

• Question 73:

  Under which condition is it possible to delete a General Ledger (GL) account?

  A. The account has a zero balance and has only open year transactions.
  B. The account has a balance and has only open year transactions.
  C. The account has a zero balance and has only historical year transactions.
  D. The account has a zero balance and has no transactions.
  D. The account has a zero balance and has no transactions.

• Question 74:

  You need to define the default depreciation methods and conventions for assets. Which Fixed Asset setup should you use?

  A. Asset Class
  B. Account Group
  C. Book
  D. Book Class
  D. Book Class

• Question 75:

  You need finance charges to appear on customer statements.

  What should you do? (Each correct answer presents part of the solution. Choose two.)

  A. Run the receivables aging process.
  B. Post the receivables finance charge batch.
  C. Reconcile the outstanding document amounts.
  D. Run the assess finance charge process.
  B. Post the receivables finance charge batch.
  D. Run the assess finance charge process.