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Microsoft Dynamics AX Financials (MB6-893) Free Practice Test

Question 1
You need to create recurring free text invoice template.
Which three recurrence patterns are available in the Recurring invoices form on the customer record? Each correct answer presents a complete solution.

Correct Answer: B,C,E
Question 2
You are setting up a system to process supplier taxes.
You want to set up the tax so that a user can deduct the tax from a supplier invoice and report the deducted tax to tax authorities.
Which tax type should you set up?

Correct Answer: B
Question 3
An accountant needs to define which main accounts and financial dimensions can t>e used together when entering journals and transactions.
The accountant sets up the chart of accounts and creates the financial dimensions.
What are two possible actions the accountant can perform next to achieve the goal? Each correct answer presents a complete solution.

Correct Answer: A,D
Question 4
You decide that department managers must submit budget plans to you each quarter.
You need to use the budget planning template wizard to generate a budget planning template that each department submit to you.
What are three prerequisites for creating a template for budget plan worksheets? Each correct answer presents part of the solution.

Correct Answer: A,C,D
Question 5
In Microsoft Dynamics AX Financial, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)

Correct Answer: B,D
Question 6
You are setting up an allocation rule and distributing amounts based on revenue dollars.
You need to share the cost of corporate advertising expenses across all departments and base each department's sales in proportion to the total sales of all departments.
Which allocation should you choose?

Correct Answer: B
Question 7
What are the three advanced collection management tasks that are performed in Microsoft
Dynamics AX Financial to manage collections? Each correct answer presents the part of the solution.

Correct Answer: B,D,E
Question 8
You are setting up the budgeting module for your employer and are given a list of budget codes needed in the system.
You want to create a "Preliminary" budget code but are unable to select it on the "budget Codes" form.
Which configuration key enables "Preliminary" and "Apportionments" budget types?

Correct Answer: D
Question 9
You are an accounts payable manager.
Your company buys office supplies from an out-of-state vendor. The vendor charges
100.00 USD for the supplies and no tax. The company may still owe taxes to the sales tax authority in its own state.
You need to define the ledger account to manage these transactions.
Which account group should you choose?

Correct Answer: C
Question 10
You are creating a project budget for the year and are working on the different types of projects to base the project on. Project budgets allow projections based only on which three criteria? Each correct answer presents a complete solution.

Correct Answer: A,C