Question 1

HOTSPOT A company uses Dynamics 365 Finance. Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Options :

A : You can use export data from dynamics 365 finance to Microsoft Word by using templates.

B : The Dynamics 365 Finance open in Excel experience allows users to edit and refresh data in Microsoft Excel.

Answer: A,B

Question 2

HOTSPOT A company implements Dynamics 365 Finance. Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point

Options :

A : You can use a purchase order to return previously purchased items to a vendor.

B : You can create a payment proposal to select a set of invoices to pay for a payrnent batch

Answer: B

Question 3

A customer owes two vendors $500 each for services performed. The customer wants to post a lump sum of $1,000 to a bank to cover the payments. You need to be able to track vendor payments individually. Which feature should you recommend?

Options :

A : Ledger setup

B : Journal voucher

C : Bank reconciliation

Answer: B

Question 4

A company uses Dynamics 365 Supply Chain Management for its inventory management operations. The company plans to use the on-hand mobile workspace to view available inventory. You need to identify the viewable on-hand inventory levels. At which three levels can you view on-hand inventory? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

Options :

A : warehouse

B : pallet

C : location

D : aisle

E : site

Answer: A,C,E

Question 5

A company uses Dynamics 365 Finance. The company wants to configure the ledger entries for importing letters of credit. You need to identify which business process to configure. Which business process should you use?

Options :

A : Manage letters of guarantee.

B : Set up settlements.

C : Reconcile bank accounts.

D : Deposit bank funds.

Answer: A

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