- (Exam Topic 3)
Monetary amounts for local currency must always display three decimal places.
In General Ledger Setup, you need to configure the appropriate setup field with the appropriate value. What should you do?
Correct Answer:
A
The two threes in 3:3 mean a minimum of three decimal places and a maximum of 3 decimal places. In other words, it will always display three decimal places.
- (Exam Topic 3)
A company purchases items by using cash. You register a vendor payment when you a post a purchase invoice for a cash vendor.
You are creating a new cash vendor.
You need to set up the vendor so that payments post automatically when you post a purchase invoice. Which type of setup should you use?
Correct Answer:
C
Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-how-to-settle-purchase-invoicespromptl
- (Exam Topic 3)
The general ledger account for accounts receivable must match the sum of all balances on the customer cards. You need to set up the general ledger account card for accounts receivable to meet this requirement.
Which configuration should you use?
Correct Answer:
C
- (Exam Topic 1)
You need to configure discounting for sales.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area.
Solution:
Does this meet the goal?
Correct Answer:
A
- (Exam Topic 2)
You need to configure the purchase order process to meet the auditor’s requirements.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Solution:
Does this meet the goal?
Correct Answer:
A
