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Case Study 1 – VanArsdel, Ltd (Question 1 – Question 8)
Overview
VanArsdel, Ltd. builds skyscrapers, subways, and bridges.
VanArsdel is a leader in using technology to do construction better. » Read more

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QUESTION 21
You are a developer for an Independent Software Vendor (ISV).

You need to create new extended data types in Microsoft Dynamics 365 for Finance and Operations.

What are two best practices for extending a series of data types?Each correct answer presents acomplete solution.

A.    An EDT should be created for each atomic entity being utilized.
B.    Subtypes are not required for EDTs that do not contain any property changes.
C.    You cannot extend the recID or tableID system data types.
D.    You cannot use EDTs if one of them is a member of the parent extended data.

» Read more

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QUESTION 21
You are processing a customer payment and want to generate a payment line based on due date so that you can search the invoice lines that meet selected search criteria.
What should you do?

A.    Use Settlement
B.    Use payment transfer.
C.    Use Manual Payment Journal
D.    Use Payment proposal

Answer: D

QUESTION 22
Your company decides to use Microsoft Dynamics AX Financials for consolidated financial reporting instead of using Management Reporter.
You need to configure a new legal entity for the consolidated financial transactions.
What must you do to enable the subsidiary company’s transactions to consolidate into the new legal entity that you are creating?

A.    Enable the “Use for financial consolidation process” check box in both the consolidated and subsidiary companies.
B.    Enable the “Use for financial consolidation process” check box in the subsidiary company.
C.    Enable the “Use for financial elimination process” check box in the consolidation company.
D.    Enable the “Use for financial consolidation process” check box for the consolidated company.

Answer: D
Explanation:
https://technet.microsoft.com/en-us/library/aa549110.aspx

QUESTION 23
You want a 2% bank charge to appear by default on all electronic methods of payment.
What do you need to set up and then link to the method of payment?

A.    terms of payment
B.    payment specification
C.    payment fee
D.    payment control

Answer: C

QUESTION 24
Which form should you use to assign a chart of accounts to a legal entity?

A.    Configure account structures
B.    General ledger parameters
C.    Ledger
D.    Legal entities

Answer: C

QUESTION 25
Where do you define the Main account information for bank and cash subledger journal account transactions?

A.    On the Bank document posting profiles form
B.    On the Bank transaction groups form
C.    On the Bank groups form
D.    On the Bank accounts form

Answer: B
Explanation:
https://technet.microsoft.com/en-us/library/aa619635.aspx

QUESTION 26
The accounts receivable manager runs a foreign currency revaluation on February 5. The foreign currency revaluation has a considered date of January 31.
The period closing for this revaluation is set for January 31. What is the result of this invoice revaluation if the invoice is settled on February 3?

A.    The revaluation includes only documents that have settled amounts on the considered date.
B.    The revaluation excludes documents that have been settled on the considered date.
C.    The revaluation includes all documents, including unposted, that have open amounts on the considered date.
D.    The revaluation includes all documents, excluding unposted, that have open amounts on the considered date.

Answer: D

QUESTION 27
You are setting up taxes on customer invoices.
You need to report a sales tax on the invoice, as and when it is settled, to the tax authorities.

271

When the customer settles the invoice with the second payment of 625 USD, you report the remaining sales tax.
What should you set up in this situation?

A.    Withholding sales tax
B.    Sales tax exemption
C.    Standard sales tax
D.    Conditional sales taxes

Answer: D

QUESTION 28
You are an accounting manager, your company has a new customer, A ledger account must be set up to record the sales tax liability and payments made to the taxing authority in the customer’s specific region automatically.
Which two account groups should you choose for these ledger accounts? Each correct answer presents part of the solution.

A.    Settlement account
B.    Sales-tax receivable
C.    Sales-tax payable
D.    Use-txpayable

Answer: AB

QUESTION 29
Your company is using basic budgeting and is planning to configure budget control.
You need to identify the additional configuration that is needed.
Which three components will already be configured as s part of the basic Budgeting setup? Each correct answer presents part of the solution.

A.    budget models
B.    budget exchange rates
C.    over budget permissions
D.    budget cycles
E.    documents and journals

Answer: ABD
Explanation:
https://technet.microsoft.com/en-us/library/hh242128.aspx

QUESTION 30
You are the accounts receivable manager at you company. The company receives an advance of 10,000 USD against a sales order from the customer.
The tax authorities require the company to re-port the sales tax on the advance amount, even though the sales have not been made.
You need to ensure that this requirement is fulfilled.
What should you do?

A.    Report sales tax on prepayment against a prepayment voucher.
B.    Report sales tax exemption against a prepayment voucher.
C.    Report withholding sales tax against a prepayment voucher.
D.    Report conditional sales tax against a prepayment voucher.

Answer: A

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QUESTION 21
You are an accounts receivable manager.
You company wants its top 10customers in August to receive a best-selling product at a reduce price.
You need to establish a price.
Which two actions should you perform to configure Microsoft Dynamics AX Distribution and Trade for this task? Each correct answer presents part of the solution.

A.    Set up the item sales price in the released product table.
B.    Set up a Customer group for the 10 customers to be assigned to.
C.    Set up a price/discount journal.
D.    Set up a Price/Discount group for the 10 customers.

» Read more

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QUESTION 21
You assign security roles to an owner team and each user on the team.
What effect does the security role that is assigned to the team have on the individual team members?

A.    The permissions for the user are used instead of those of the team.
B.    The user is granted the least restrictive permissions of the two roles.
C.    The permissions for the team are used instead of those of the user.
D.    The user is granted the most restrictive permissions of the two roles.

» Read more

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QUESTION 271
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

You are a developer for Consolidated Messenger, a software company that provides applications for manager courier services. You are preparing to release a new version of the flagship application.

The application is comprised of a set of Windows and Linux virtual machines (VMs), and a set of Linux-based Docker containers. The management portion of the application uses Kubernetes for management of containers.

You need to determine a mechanism to deploy the application so that customers can provision the application from the Azure Marketplace.

Solution: Provide access to an Azure Resource Manager template.

Does the solution meet the goal?

A.    Yes
B.    No » Read more

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QUESTION 266
You are the system administrator for a company. All devices run Windows 10 and use a variety of Microsoft Store for Business apps. All user reports issues updating a Windows Store app.

You need to troubleshoot the issue.

Winch three actions should you perform? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

A.    Run the SFC command.
B.    Run the repair-bde command.
C.    Run the net start wuauserv command.
D.    Run the Windows App Troubleshooter.
E.    Use the Programs and Features Control Panel applet to repair the application.

» Read more

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QUESTION 255
Your company uses Microsoft Office 365.

You need to ensure that users are prompted to label and classify documents while they edit documents.

Solution: You create a Microsoft Intune mobile device management (MDM) policy for mobile devices.

Does the solution meet the goal?

A.    Yes
B.    No

» Read more

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