Microsoft MB6-893 Online Practice Questions and Exam Preparation

Microsoft MB6-893 Online Questions & Answers

• Question 21:

  When generating a bank statement report, you notice entries for Received checks and Issued checks. These entries are all unidentified. You want to identify the checks transactions simultaneously by using the bank statement report where should you define the default accounts for bank transactions of unidentified checks?

  A. On the Reconciliation matching rules from
  B. On the Bank transaction types from
  C. On the Bank accounts from
  D. On the Bank transaction group form
  A. On the Reconciliation matching rules from

• Question 22:

  In Microsoft Dynamics AX Financial, which fixed asset transaction type can post simultaneously with standard fixed asset depreciation?

  A. Bonus depreciation
  B. Depreciation adjustment
  C. Extraordinary depreciation
  D. Summarize depreciation
  C. Extraordinary depreciation

• Question 23:

  You are the accounting manager at your company.

  Recently, the company started conducting business with a customer in a different location. You need to create setup procedures that can be used to report sales taxes to the government of this location.

  What should you do?

  A. Set up sales-tax payable.
  B. Set up sales-tax authorities.
  C. Set up sales-tax receivable.
  D. Set up use-tax payable.
  B. Set up sales-tax authorities.

• Question 24:

  A financial controller wants to match the total amounts on an invoice to the total amounts on a pur-chase order. Which type of matching should the controller use?

  A. Two-way matching
  B. Not required
  C. Charges matching
  D. Three-way matching
  D. Three-way matching

• Question 25:

  You are implementing fixed assets for your company. Your company buys a machine for 100.000 USD and recognizes 10,000 USD of depreciation per year over the following ten years. At that time, the machine is not only fully depreciated, but the company is eliminating the machine without receiving any payment in return.

  What are two available methods to eliminate a fixed asset? Each correct answer presents a complete solution.

  A. Revaluation
  B. Provision for reserve
  C. Disposal scrap
  D. Disposal sale
  C. Disposal scrap
  D. Disposal sale

• Question 26:

  Your company has decided to add five new vendors for purchasing and you are responsible for confi-guring the vendors in the new system.

  You want to group vendors by some specific values that are shared across multiple vendors and you have indentified vender groups on the vendor group from, which two specific values can be defined? Each correct answer presents a complete solution.

  A. Terms of payment
  B. aging periods
  C. matching policy
  D. default tax group
  B. aging periods
  D. default tax group

• Question 27:

  You are an accounts payable manager.

  you receive a rent invoice from a vendor for the next quarter. The total amount of the invoice is 300 USD. If you directly enter the amount, all of the charges will be allocated for the same period. However, you want to post the invoice in each

  appropriate period.

  What should you create?

  A. Voucher template
  B. Ledger accruals
  C. Periodic journal
  D. Ledger allocation rules
  A. Voucher template

• Question 28:

  The finance department of a company is analyzing which budgeting methodology it wants to use for the next fiscal year. The department has narrowed the options down to historical budgeting and zero-based budgeting.

  Which advantage does a historical budgeting methodology provide over a zero-based budgeting methodology?

  A. eliminates inflated budgets since performance determines the next budget
  B. stabilizes budget and offers gradual change
  C. helps to identify opportunities for outsourcing
  D. drives managers to find cost-effective ways to improve operations
  D. drives managers to find cost-effective ways to improve operations

• Question 29:

  You want a 2% bank charge to appear by default on all electronic methods of payment. What do you need to set up and then link to the method of payment?

  A. terms of payment
  B. payment specification
  C. payment fee
  D. payment control
  C. payment fee

• Question 30:

  You are an accounts receivable manager.

  Your company instituted a two-level collection letter plan for a customer. The result was not as effective as your company had anticipated. Now you need to institute a plan that charges the overdue customer with a high-interest premium on

  the amount due.

  What should you do?

  A. Set up a customer accounts statement.
  B. Set up interest adjustments.
  C. Set up a collection letter note
  D. Set up interest codes.
  B. Set up interest adjustments.