Microsoft MB6-702 Free Practice Exam & Test Training

Question 1

Which three settings can be defined when configuring budget control? Each correct answer presents a complete solution.

A. The source documents and accounting journals that are subject to budget control
B. The main accounts and financial dimensions to be checked
C. The budget planning stages
D. The workflow approvals required when the budget is exceeded
E. The budget funds that are available

Answer : A,B,D

Question 2

You need to ensure that you have the most current data to manage customer collections.
What should you create first?

A. A customer account statement
B. A customer balance list
C. A customer aging snapshot
D. A customer pool

Answer : B

Question 3

You are configuring Microsoft Dynamics AX for basic budgeting.
Which two setups are optional? Each correct answer represents a complete solution.

A. Reason codes
B. Workflows
C. Budget models
D. Journal names
E. Budget codes

Answer : C,D

Question 4

Two vendors contact you and request that you send all purchase confirmations to a specific email address.
You need to configure Microsoft Dynamics AX to automatically send the email to the vendors.
What should you do?

A. Add the email address into the default print management settings in the Accounts payable module.
B. Add the email address to the vendor's Contact form, and then select the primary contact person on the Vendor details form.
C. Add the email address to the contact information section of the Vendor details form, and then mark it as the primary record.
D. Add the email address to the print management settings for the vendor account.

Answer : C

Question 5

You are configuring budgets for your organization. Your organization uses a scientifically calculated, predefined percentage of direct expenses for each of its departments.
You need to define these percentages so that the budget automatically allocates to these departments from the main accounts.
What should you configure?

A. Budget period allocation keys
B. Budget control rules
C. Budget transfer rules
D. Budget allocation terms