[Free] 2017(Sep) EnsurePass Dumpsleader Microsoft MB6-885 Dumps with VCE and PDF 41-50

EnsurePass
2017 Sep Microsoft Official New Released MB6-885
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/MB6-885.html

Microsoft Dynamics AX 2012 Public Sector

Question No: 41

You enter a fund entity for a financial dimension in Microsoft Dynamics AX 2012. You need to classify the fund properly for reporting purposes.

In Microsoft Dynamics AX 2012, which of the following must you associate with fund classes?

  1. Fund code

  2. Fund type

  3. Fund number

  4. Fund value

Answer: D

Explanation: Ref:http://msdn.microsoft.com/en-us/library/hh208594.aspx

Question No: 42

You plan to create grants and associate the funding providers for your organization.

Which of the following providers can be assigned as funding sources in Microsoft Dynamics AX 2012? (Each correct answer presents a complete solution. Choose three.)

  1. project

  2. matching amount

  3. subgrantor

  4. federal mandate

  5. state mandate

Answer: A,D,E

Question No: 43

Which of the following functions can you perform in Microsoft Dynamics AX 2012 Public Sector?

  1. Allocate vendor payments to multiple bank accounts based on fixed amounts

  2. Create purchase orders that override the typical purchasing process

  3. Create year-end closing entries by purchase order number

  4. Assign DUNS and DUNS 4 numbers to vendor contacts

Answer: B

Explanation: Ref:http://msdn.microsoft.com/en-us/subscriptions/hh208558.aspx

Question No: 44

You are processing settlements in a pooled cash setup in Microsoft Dynamics AX 2012. Which of the following statements is true?

  1. Pooled cash funds are managed through multiple ledger accounts, and equity is tracked for each individual fund.

  2. Processing settlements in a pooled transaction will automatically maintain the individual funds#39; pooled cash balances and the centralfund#39;s account balances.

  3. Pooled cash funds are automatically created, but individual funds must be manually created. D. Individual general ledger entries must be manually created for the Due-to/Due- from entries.

Answer: B

Question No: 45

You enable encumbrance processing for purchase orders in Microsoft Dynamics AX 2012.

You need to ensure that all encumbrances are reversed and reestablished in the new fiscal year.

What should you do?

  1. Keep purchase orders open and transfer encumbrances.

  2. Close purchase orders and transfer encumbrances.

  3. Process purchase orders with carry-forward amounts.

  4. Process purchase orders without carry-forward amounts.

Answer: C

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh209300.aspx

Question No: 46

You need to allocate the electricity budget across multiple departments.

Which calculation method should you use to define each department#39;s portion of the electricity budget?

  1. Percentage increase

  2. Variable amount

  3. Fixed amount

  4. Percentage

Answer: C

Question No: 47

A vendor requests that you distribute invoice payments equally to two bank accounts. How are allocation percentages for bank accounts specified?

  1. Vendor invoice

  2. By vendor bank account

  3. By vendor payment

  4. By vendor

Answer: A

Explanation: Ref:http://msdn.microsoft.com/en-us/subscriptions/hh208572.aspx

Question No: 48

You need to enable public sector features and functionalities in Microsoft Dynamics AX 2012.

What should you do?

  1. In the License information form, import the license code for the public sector feature set.

  2. In the License information form, enter the license code for the public sector feature set.

  3. In the License configuration form, enable and disable the appropriate public sector configuration keys.

  4. In the License information form, enable and disable the appropriate public sector configuration keys.

Answer: C

Question No: 49

You need to display a chart in Microsoft Dynamics AX 2012 of the total accounts payable balance by period. Which Public Sector Role Center contains this chart?

  1. Accounting Manager

  2. Controller

  3. Accountant

  4. Finance Director

Answer: C

Explanation: Ref:http://microsoft-axapta.blogspot.co.uk/2010/09/reports-in-ax-2009.html

Question No: 50

For what reason should you assign a 1099-C indicator to a customer in Microsoft Dynamics AX 2012?

  1. To indicate that the customer is a government agency.

  2. To report interest income the customer paid to you.

  3. To identify an agency accounting location or regional financial office in accounting reports and documents.

  4. To indicate a debt write-off of non-federal accounts receivables.

Answer: D

Explanation: Ref:http://www.pappasontaxes.com/index.php/2010/09/03/debt-cancellation- and-the-1099-c/

100% Free Download!
Download Free Demo:MB6-885 Demo PDF
100% Pass Guaranteed!
Download 2017 EnsurePass MB6-885 Full Exam PDF and VCE

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

2017 EnsurePass IT Certification PDF and VCE

[Free] 2017(Sep) EnsurePass Dumpsleader Microsoft MB6-885 Dumps with VCE and PDF 31-40

EnsurePass
2017 Sep Microsoft Official New Released MB6-885
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/MB6-885.html

Microsoft Dynamics AX 2012 Public Sector

Question No: 31

You are setting up a funding rule in Microsoft Dynamics AX 2012 to define how to allocate charges for project contracts to multiple funding sources.

Which two values are required? (Each correct answer presents part of the solution. Choose two.)

  1. Transaction type

  2. Project ID

  3. Category

  4. Priority

Answer: A,D

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh242721.aspx

Question No: 32

A grant that funds a project has lapsed and additional funding has not been obtained.

Which funding type should you select on the Project contracts form in Microsoft Dynamics AX 2012 to track additional transactions for the project?

  1. On hold

  2. Customer

  3. Organization

  4. Grant

Answer: A

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh370701.aspx

Question No: 33

You are revising an original budget by using the Project budget form in Microsoft Dynamics AX 2012. You need to associate the original budget to the revision.

By which field should you associate the original and revised budgets?

  1. Category

  2. Revision ID

  3. Revision Date

  4. Budget Source

Answer: B

Explanation: Ref:http://msdn.microsoft.com/en-us/subscriptions/hh209690.aspx

Question No: 34

You need to allow for unplanned purchases in Microsoft Dynamics AX 2012. What should you do?

  1. Set up vendor codes.

  2. Set up customer codes.

  3. Set up confirming purchase order codes.

  4. Set up project codes.

Answer: C

Question No: 35

Which Role Center in Microsoft Dynamics AX 2012 provides access to key tasks, activities, and data related to daily business operations?

  1. Accounting Manager Role Center

  2. Accountant Role Center

  3. Controller Role Center

  4. Finance Director Role Center

Answer: C

Question No: 36

You plan to assign a project contract as the funding source of a grant in Microsoft Dynamics AX 2012. Which status must the grant have before you can assign a project contract as a funding source?

  1. Entered

  2. Approved

  3. Allocated

  4. Awarded

Answer: D

Question No: 37

Your company requires that open purchase orders be processed at the end of the fiscal year.

You need to ensure that funds available for budgets are reduced in the closing year, and that budget funds are increased and made available in the new year.

What should you do?

  1. Enable budget carry forward.

  2. Enable budget control.

  3. Do not enable budget carry forward,

  4. Enable encumbrance.

Answer: A

Question No: 38

Which of the following methods of creating account numbers in the chart of accounts requires the least amount of administrative effort?

  1. Have the system generate the chart of accounts based on a tree.

  2. Import the chart of accounts from another company.

  3. Import the chart of accounts demonstration data from the installation CD.

  4. Manually create the chart of accounts.

Answer: D

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh227530.aspx

Question No: 39

You need to define how payments are applied to open transactions in Microsoft Dynamics AX 2012.

What should you do?

  1. Set a vendor settlement classification.

  2. Set a classification settlement order.

  3. Set a customer settlement order.

  4. Set a vendor settlement order.

Answer: B

Explanation: Ref:http://blog.mohamedaamer.com/microsoft-dynamics/understanding-the- settlement-mechanism-in-microsoft-dynamics-ax/

Question No: 40

Which of the following classifications can you include when creating a purchase agreement?

  1. Require direct invoicing

  2. Contractor information

  3. Special messaging

  4. Purchase Order codes

Answer: A

100% Free Download!
Download Free Demo:MB6-885 Demo PDF
100% Pass Guaranteed!
Download 2017 EnsurePass MB6-885 Full Exam PDF and VCE

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

2017 EnsurePass IT Certification PDF and VCE

[Free] 2017(Sep) EnsurePass Dumpsleader Microsoft MB6-885 Dumps with VCE and PDF 11-20

EnsurePass
2017 Sep Microsoft Official New Released MB6-885
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/MB6-885.html

Microsoft Dynamics AX 2012 Public Sector

Question No: 11

When will the system perform the budget check on the source document line items? (Each correct answer presents a complete solution. Choose three.)

  1. When the source document is confirmed,

  2. When the source document is approved.

  3. When the source document is recalled.

  4. When the source document is created.

  5. When the source document is edited.

Answer: A,B,C

Question No: 12

You need to write off a customer transaction. What should you do?

  1. Transfer the customer balances into an allowance for doubtful receivables contra account.

  2. Reverse the original revenue accounts for the collectable balances.

  3. Transfer the uncollectable customer transaction amount into an allowance for doubtful receivables contra account.

  4. Reverse the original expense accounts for the uncollectable balances.

Answer: B

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh412236.aspx

Question No: 13

You need to minimize the time required to process charges that are repeatedly billed and

uniquely associated to a department, and maximize the accuracy of the charges. What should you set up?

  1. billing classifications

  2. trading partner codes

  3. billing identifications

  4. billing codes

Answer: D

Question No: 14

For reporting purposes, you need to present provisional budgets and apportionment budgets separately in Microsoft Dynamics AX 2012. Which report should you use?

  1. Actual vs. budget

  2. Budget control activity by project

  3. Budget control account detail history

  4. Budget details

Answer: D

Question No: 15

You are assigning a default year-end process to a specific fund. Which of the following statements is true?

  1. It is not possible to carry forward budget from one fiscal year to the next.

  2. You can override the specific year end processing option that has been assigned to a fund.

  3. Only funds with a fund class of Fiduciary can be assigned a specific year-end process.

  4. All funds must share the same default year-end processing option.

Answer: B

Explanation: Ref:http://msdn.microsoft.com/en-us/library/hh208514.aspx

Question No: 16

You are receiving customer payments in Microsoft Dynamics AX 2012.

What attributes must an invoice possess in order to be selected for payment by using a payment proposal?

  1. a due date or a cash discount date

  2. an invoice date and a transaction description

  3. payment terms or a transaction belonging to a specific billing classification

  4. a payment date and a transaction description

Answer: A

Question No: 17

You need to display a list of open and approved invoices for a specific customer. Which report should you generate?

  1. Invoice specifications report

  2. Customer balance list report

  3. Customer invoice transactions report

  4. Customer aging report

Answer: D

Question No: 18

You need to plan for the revenue and expenditures of a project before the money is appropriated in Microsoft Dynamics AX 2012 Public Sector.

Which type of budget should you configure?

  1. Provisional

  2. Original

  3. Apportionment

  4. Carry- forward

Answer: B Explanation:

Ref:http://community.dynamics.com/product/ax/axnontechnical/b/erpsoftwareblog/archive/2 012/02/15/better-budgeting-with-microsoft-dynamics-ax-2012-part-ii-of-excellence-in- financial-management.aspx

Question No: 19

You are performing general ledger year-end processes in Microsoft Dynamics AX 2012.

You need to generate entries during closing to various fund types depending on the account type.

Which attribute should you assign to the closing and opening transactions?

  1. Transaction types

  2. Account structure

  3. General ledger parameters

  4. Posting definitions

Answer: D

Explanation: Ref:http://msdn.microsoft.com/en-us/library/hh242680.aspx

Question No: 20

For what purpose does a project budget control the authorization of budget funds?

  1. The future needs of project employees.

  2. The ongoing needs of the project accountants.

  3. The current payment commitment due throughout the life of a project.

  4. The future payment commitment due throughout the life of a project.

Answer: D

100% Free Download!
Download Free Demo:MB6-885 Demo PDF
100% Pass Guaranteed!
Download 2017 EnsurePass MB6-885 Full Exam PDF and VCE

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

2017 EnsurePass IT Certification PDF and VCE

[Free] 2017(Sep) EnsurePass Dumpsleader Microsoft MB6-885 Dumps with VCE and PDF 1-10

EnsurePass
2017 Sep Microsoft Official New Released MB6-885
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/MB6-885.html

Microsoft Dynamics AX 2012 Public Sector

Question No: 1

You are assigning user groups for over budget permissions in Microsoft Dynamics AX 2012. Which of the following is true about the default permission handling for over budget permissions?

  1. When a user group is added, the default permissions prevent over budget processing.

  2. Budget controls cannot override default permissions.

  3. Budget groups cannot override default permissions.

  4. When a user group is added, the default permissions allow over budget processing.

Answer: A

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh242453.aspx

Question No: 2

You are creating a fund in Microsoft Dynamics AX 2012.

Which of the following statements about funds are true? (Each correct answer presents a complete solution. Choose two.)

  1. A fund is a legal entity.

  2. A fund is self-balancing.

  3. Fund activity can be viewed at the organizational level.

  4. A fund is an independent fiscal and accounting entity.

Answer: B,C

Question No: 3

Which of the following statements about posting definitions is true?

  1. A posting definition can be assigned to a transaction type in a module different from that of the posting definition.

  2. Posting definitions cannot be linked to multiple posting definitions.

  3. Links among posting definitions can be set up only within the same module.

  4. After you link to a posting definition from another posting definition, it can be linked to any other posting definition.

Answer: C

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh242680.aspx

Question No: 4

You need to display customer transactions that have updated the general ledger Accounts Receivable account.

Which report should you generate?

  1. Customer transactions report

  2. Open transactions report

  3. History by transaction report

  4. Internal account statement report

Answer: B

Question No: 5

By which factors can you distribute a transaction line amount across multiple ledger accounts?

  1. Amount, account balance, or quantity

  2. Amount, percent, or quantity

  3. Account, percent, or quantity

  4. Average cost, vendor, or quantity

Answer: B

Explanation: Ref:http://technet.microsoft.com/en-us/library/hh242121.aspx

Question No: 6

You need to reduce the time required to calculate interest and generate collection letters by processing these transactions in groups. Which parameter should you specify when processing these transactions?

  1. Billing classification

  2. Due date

  3. Posting profile

  4. Collection letter name

Answer: C

Explanation: Ref:http://technet.microsoft.com/en-us/library/gg243052.aspx

Question No: 7

You need to track the payment of a vendor invoice as a 1099-G payment. Which of the following statements are true?

  1. The 1099 box code associated with the vendor must be specified.

  2. The vendor must be defined to report 1099 information.

  3. The State or province code associated with the vendor must be specified in the 1099 fields section.

  4. The 1099 box code associated with the vendor must be a 1099-G code.

Answer: A

Explanation: Ref:http://technet.microsoft.com/en-us/library/aa551492.aspx

New Questions

Question No: 8

You need to generate recurring invoices for a specific billing classification.

You set up the billing classification and create the appropriate free text invoice template. What should you do next?

  1. Select a customer and generate the invoice.

  2. Choose a generation date in the Generate recurring invoice form and generate the invoices.

  3. Select the appropriate billing classification in the Generate recurring invoice form and generate the invoices.

  4. Assign the free text invoice template to the customers who need invoices generated.

Answer: D

Explanation: Ref:http://msdn.microsoft.com/en-us/library/hh227473.aspx

Question No: 9

You need to ensure that an account balance is carried forward to the next fiscal year when performing the fiscal year close process in Microsoft Dynamics AX 2012.

Which Close type option should you select for the account in the Main accounts general ledger?

  1. Asset

  2. Revenue

  3. Expense

  4. Nominal

Answer: A

Question No: 10

Which of the following items is a parameter of fiscal year closing that can be set up in Microsoft Dynamics AX 2012?

  1. Set fiscal year status to pending

  2. Create opening transactions during transfer

  3. Delete close of year transactions during transfer

  4. Preview closing transactions

Answer: B

Explanation: Ref:http://technet.microsoft.com/en-us/library/aa498391.aspx

100% Free Download!
Download Free Demo:MB6-885 Demo PDF
100% Pass Guaranteed!
Download 2017 EnsurePass MB6-885 Full Exam PDF and VCE

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

2017 EnsurePass IT Certification PDF and VCE