Microsoft MB6-700 - Microsoft Dynamics AX 2012 R2 Project Exam

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Total 75 questions

Why would you create an estimate?

  • A. To set a project's budget
  • B. To create an hours forecast
  • C. To define the forecast model
  • D. To monitor a project's progress


Answer : D

Which statement about fee forecasts is true?

  • A. Fee forecasts are included as part of the regular billing process.
  • B. Fee forecasts apply only to fixed-price projects.
  • C. Fee forecasts apply only to time and material projects.
  • D. Fee forecasts can be used for unexpected costs.


Answer : C

You set up an effective labor rate for a worker. The hourly cost price is 60 USD. 40 hours are available in the work week calendar.
The worker submits only 30 hours for the week.
What is the effective labor rate that is calculated for this worker?

  • A. (30*40)/60 = 20
  • B. (30/40)*60 = 45
  • C. (60*30)/40 = 45
  • D. (60*40)/30 = 80


Answer : D

You need to track the project costs in balance accounts until the customer is invoiced.
Which type of project should you use?

  • A. Fixed-price project with completed contract
  • B. Fixed-price project with completed percentage and sales value
  • C. Time and material project with work in process (WIP)
  • D. Internal project with work in process (WIP)
  • E. Time and material projects with accruals


Answer : C

Which two items are determined by the cost templates for advanced fixed-price projects?
(Each correct answer presents part of the solution. Choose two.)

  • A. The amount of hours that can be posted for advanced fixed-price projects
  • B. The amount of expenses that can be posted for advanced fixed-price projects
  • C. Whether to calculate the degree of completion on the posted amount or quantity
  • D. The categories included in calculating the degree of completion


Answer : C,D

Page:    1 / 15   
Total 75 questions