This page was exported from Free Exam Dumps Collection [ http://free.examcollectionpass.com ] Export date:Thu Apr 3 22:22:32 2025 / +0000 GMT ___________________________________________________ Title: MB-800 Pre-Exam Practice Tests (Updated 126 Questions) [Q40-Q61] --------------------------------------------------- MB-800 Pre-Exam Practice Tests | (Updated 126 Questions) Valid MB-800 Exam Q&A PDF - One Year Free Update NO.40 You need to configure the system to meet the requirements for received items.What should you do?  Set the default costing method to  Turn on Automatic Cost Posting  Turn on Expected Cost Posting  Set the value of the Automatic Cost Adjustment option to Always Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/design-details-expected-cost-postingNO.41 A company uses Dynamics 365 Business Central.A vendor needs to use a default warehouse location and invoice a different vendor for a purchase order.You need to configure the system to meet the requirements.Which controls should you use? To answer, select the appropriate options in the answer area.NOTE: Each correct selection is worth one point. NO.42 You are implementing Dynamics 365 Business Central for a customer. The local currency code (LCY) for the company is set to US dollars ($).The customer plans to set up a bank account. The customer provides the following information for the account:Account numberNameAddressBank account posting groupThe account must meet the following requirements:Use US dollars.Use 9075 as the number of the next bank account statement for reconciliation in Business Central.You need to set up the account for the customer.Which values should you use? To answer, select the appropriate options in the answer area.NOTE: Each correct selection is worth one point. Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/bank-how-reconcile-bank-accounts-separatelyNO.43 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. 1 – Change the Purchase Order to a Status of Released2 – Create a warehouse receipt3 – Add Items, including Quantity, to the lines4 – Select Post and ReceiveNO.44 You need to set up a new fiscal year and restrict posting.Which options should you use? To answer, select the appropriate options in the answer area.NOTE: Each correct selection is worth one point. ExplanationNO.45 You need to configure the new customer creation process.Which two areas must you configure? Each correct answer presents part of the solution NOTE: Each correct selection is worth one point.  Responsibility center  Configuration worksheet  Configuration template  Permissions Reference:https://usedynamics.com/business-central/sales/create-customer-templates/NO.46 You are implementing Dynamics 365 Business Central.The accounting manager for the company provides you with a chart of accounts.You need to set up the general ledger accounts correctly.Which setups should you use? To answer, drag the appropriate setups to the correct requirements. Each setup may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.NOTE: Each correct selection is worth one point. NO.47 You are configuring Dynamics 365 Business Central for a company.You need to create items.Which item types should you use? To answer, drag the appropriate item types to the correct scenarios. Each item type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.NOTE: Each correct selection is worth one point. ExplanationReference:https://docs.microsoft.com/en-gb/dynamics365/business-central/inventory-about-item-typesNO.48 DRAG DROPYou are implementing Dynamics 365 Business Central for a company.The company must perform inventory valuation according to the following business rules:* Use the first in, first out (FIFO) costing method for all items.* Include received items that are not yet invoiced on balance sheets.* Lock inventory value by closing the month.You need to recommend a process for the company’s accounting department to use.Which three actions should you recommend be performed in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.Select and Place: Explanation/Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-how-to-work-with-inventory- periodsNO.49 You are performing actions on posted sales invoices.You need to correct any identified errors.Which actions should you perform? To answer, drag the action buttons to the correct requirements. Each action button may be used once, or not at all. You may need to drag the split bar between panes or scroll to view content.NOTE: Each correct selection is worth one point. Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/sales-how-correct-cancel-sales-invoiceNO.50 A user reports that they cannot create or view sales quotes in Dynamics 365 Business Central.You need to help the user create and view sales quotes.From which three cards can the user perform the required activities? Each correct answer presents a complete solution.NOTE: Each correct selection is worth one point.  Service Item  Opportunity  Job  Resource  Customer  Contact NO.51 You have multiple, unpaid posted purchase invoices to reverse. Some invoices require complete reversal while others need partial reversal.You need to process credit memos from the posted purchase invoices.Which actions should you perform? To answer, drag the appropriate actions to the correct requirements. Each action may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.NOTE: Each correct selection is worth one point. Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/purchasing-how-process-purchase-returns-cancellationshttps://docs.microsoft.com/en-gb/dynamics365/business-central/purchasing-how-correct-cancel-unpaid-purchase-invoicesNO.52 You need to advise the company on how to process existing sales orders.Which three actions should you recommend be performed in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order. Reference:https://docs.microsoft.com/en-us/learn/modules/ship-invoice-items-dynamics-365-business-central/1-shiphttps://docs.microsoft.com/en-us/learn/modules/ship-invoice-items-dynamics-365-business-central/2-invoiceNO.53 You need to configure reporting.What should you do? To answer, select the appropriate options in the answer area.NOTE: Each correct selection is worth one point. NO.54 You are implementing Dynamics 365 Business Central for a company.The company often invoices multiple shipments on one invoice.You need to train the accounting staff how to process these sales invoices.In which two ways should you train the staff to create invoices? Each correct answer presents a complete solution.NOTE: Each correct selection is worth one point.  Use the Combine Shipments batch job to automatically create and post sales invoices and credit memos.  Create a new invoice for the Bill-to-Customer. Use the Get Shipment Lines action to select all the shipments from different sales orders and Sell-to-Customers.  Use the Combine Shipments batch job to automatically create sales invoices and delete completed sales orders.  Create a new invoice for the Sell-to Customer. Use the Get Shipment Lines action to select all the shipments from different sales orders, in the same currency.  Use the Combine Shipments batch job to automatically create, post, and print sales invoices. Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/sales-how-to-combine-shipments-on-a-single-invoiceNO.55 A company uses Dynamics 365 Business Central.The company’s funds are limited and some invoices that are due cannot be paid on time.You need to prioritize vendors when you suggest vendor payments.Which three 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. 1 – Set Vendor Priority on the Vendor………2 – Enter Available Amount (LCY) when you……..3 – Select Use Vendor Priority when you run …….Reference:https://docs.microsoft.com/en-us/learn/modules/suggest-vendor-payments-dynamics-365-business-central/2-priorityNO.56 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 implementing Dynamics 365 Business Central for a company. The company provides subscription services to their customers. The subscription invoices are almost identical each month.The company wants to set up recurring sales lines for subscription invoices.You need to create systems for creating subscription invoices.Solution: Create a sales quote for each customer. Add the sales lines to the quote. Then, use the Copy Document feature to create a new invoice.Does the solution meet the goal?  Yes  No Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/sales-how-work-standard-linesNO.57 A company implements Dynamics 365 Business Central.The database contains very few posted entries. You observe that Global Dimension 1 is configured incorrectly.You need to run the Change Global Dimensions function in Sequential mode to replace Global Dimension 1.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. Reference:https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-dimensionsNO.58 You are creating a filtered view of a Chart of Accounts page.The page must be filtered to display Net Change values only for transactions between a specific date range. You must save the filtered view for future use.You need to filter on transactions occurring between January 1, 2020 and January 31, 2020.Which three 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. Reference:https://usedynamics.com/business-central/finance/chart/NO.59 You set up a new company for a customer.The customer provides you with a Microsoft Excel file that contains master data.You need to import the master data by using configuration packages.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. 1 – Export an Excel template and populate the data2 – Create a configuration package3 – Import a populated Excel template into the package data4 – Apply the dataReference:https://docs.microsoft.com/en-gb/dynamics365/business-central/admin-how-to-prepare-a-configuration-packagehttps://docs.microsoft.com/en-gb/dynamics365/business-central/admin-how-to-configure-new-companiesTopic 2, Wide World ImportersCurrent environmentCash and carry salesWhen a customer makes a purchase at the company’s cash and carry desk, the sale is handwritten on a three-part form.The cash and carry associate retrieves the items listed on the order from the warehouse.Special prices and discounts are used to move products that will expire soon or that are overstocked.Cash is accepted for payments.The cash drawer is balanced at the end of every day. A deposit is created for the cash and given to the accountant.Brokered sales ordersBrokered sales are called in to customer service by the brokers and sometimes directly by customers. The sales are entered into QuickBooks.Because inventory is not tracked in QuickBooks, the generic item Brokered Item is used.Two copies of the packing slip and printed from QuickBooks and sent to the warehouse.Order pickingThe warehouse manager provides a container and the two copies of the packing slip to a picker.Items that are out of stock are marked on both copies of the packing slip.The shipping amount is determined and written on the packing slips.One copy of the completed packing slip is placed in a basket for customer service.Completed orders are boxed up with a copy of the invoice and shipped to customers.Order invoicingThroughout the day, the customer service manager collects the packing slip copies and updates the invoices in QuickBooks.The customer service manager adds a line for shipping with the amount provided by the packer.The customer service manager prints a copy of the final invoice and sends it to the warehouse.The accountant uses Microsoft Word to create weekly invoices for all shipments invoiced in QuickBooks during the week for some customers.Cash and carry salesOne-line sales invoices are saved in QuickBooks for each cash and carry sale to a miscellaneous customer.Customer details for cash and carry sales are not kept in QuickBooks.DepositsThe accountant receives the deposit bag from the cash and carry sales desk at the end of every day.Receipts are recorded in QuickBooks against cash and carry and brokered sales based on the deposit slips.Brokers commissionBrokers fees are paid as a percentage of sales.A Sales by Product/Service Summary report is run in QuickBooks every month for Brokered Item to calculate what is owned.RequirementsCustomersUsers with permission must be able to quickly add new customers.The original source of all customers in the accounting system must be identified to be from cash and carry or brokered sales.The company needs to keep a record of special price promotions given to specific customers.Customers must be identified with a unique general business posting group so that the correct freight G/L account is used in sales transactions.SalesThe customer source must be used to identify the business line, and the customer source must be indicated on every sales transactions.Customer service and cash and carry desk associates must be able to enter sales into Dynamics 365 Business Central by customer.Excess paper must be eliminated, and paper management must be reduced.If a customer is not already listed in the system, a cash and carry associate or customer service associate must be able to quickly add the new customer in the process of recording the first sale.A point-of-sale system is not needed, but users must be able to record which items are purchased by customers, accept and record their payment, and print receipts indicating paid in full.ItemsThe sales manager and warehouse manager must be able to set a specific timeframe for special promotion discounts on items.For special promotions, discounts must be consistent for all items in a product line using a single discount calculation.Special pricing may be given to a retail chain or buying group. This pricing must be automatically applied when an order is taken for any of these customers. The original price must be recorded with each sale.Customers must always be charged the lowest amount for an item at the time of the sale. For example, an overstocked olive oil has a regular price of $20 per unit. Customers in a buying group for restaurants can buy it for $18 per unit. There is an autumn promotion price for the item at $19 per unit. However, on a specific day only, there is an overstock special at a 15 percent discount off the regular price.Sales invoicesWarehouse workers must be able to indicate the following in the system for each order:1. the items picked2. the shipping charges3. notifications, if any, that customer service needs to provide to the customer Items sold at a discount must show the original price, discount, and net amount on each line of the invoice. Invoices must be posted at the cash and carry desk at the time of sale. For orders, accounting must post invoices and send them to customers.Warehouse employees must be able to indicate what has been shipped on an order. They will use the G/L account for shipping charges. They need to use the correct G/L account for sales versus cost through proper assignment of sales and purchase accounts in the general posting setup.Some of the brokered customers require one invoice per week regardless of the number of orders or shipments.AccountsPayment terms vary by customer.The amount paid to brokers must be calculated from sales after invoice discounts.Broker vendors must be easily identifiable from other vendors in listsCommission paid on sales not collected within 120 days must be deducted from brokers’ next compensation payment.ReportingWide World Importers requires reporting on the following:the overall profitability of each line of business at any time for any given period the cost of outbound shipping in the overall profitability of sales by business line in all related reports freight sales and cost by account in the trial balance the cost of brokers’ compensation in reporting the overall profitability of sales by business line the effect of item discount promotions in financial statements.IssuesPricingSpreadsheets are used to maintain special item pricing and discounts. The only source of product line discount information is a whiteboard in the warehouse. The price charged is frequently incorrect.Customers complain when they think they think they have not received the best price available. Promotions are sometimes applied in error after a special pricing event ends, for example, when discounts are offered temporarily to reduce overstock.Management cannot see original versus actual price on all sales. Discounts given by brokers requires spreadsheets and comparison between price list and price on sales invoice. Management needs to be able to quickly see the discount given on each sale.Payment termsAgreed-upon payment terms are frequently entered incorrectly on orders, causing cashflow issues.Invoices already paid in full exist on the sales aging reports. The frequent cause of this issue is that sales from the cash and carry desk are not indicated as cash sales and are not posted as paid in full.Some buying groups require that all invoices sent during a month be due on the 20th of the following month.InvoicingPaperwork is frequently misplaced between the warehouse, customer service, and accounting.Invoices that are posted in the accounting system based on shipments and invoices that are sent to customers weekly do not match due to errors transferring the data from one document to another.Users are selecting the incorrect freight type (expense versus sales) on purchase and sales transactions, making it difficult to reconcile freight costs.Sales placed from the cash and carry desk by customers originally acquired through a broker are not being recognized with the correct customer source. Reporting by business line is inaccurate.AccountsUsers often forget which fields to use to enter information when they add new customers to QuickBooks. This results in errors and inconsistencies in data and affects sales reporting. Confidence in sales reporting accuracy is low.Adding new brokers is a different process than adding other purchase vendors. Users often forget which fields to select and how to correctly assign the vendor number to add new brokers.Manual entries to certain G/L accounts cause reconciliation issues.NO.60 You need to configure purchase order discounting and history.What should you do? To answer, select the appropriate options in the answer area.NOTE: Each correct selection is worth one point. NO.61 You need to undo an incorrectly posted purchase receipt from a related purchase order.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. ExplanationGraphical user interface, text, application Description automatically generatedReference:https://bondconsultingservices.com/2018/09/06/microsoft-dynamics-365-business-central-purchase-order-receipthttps://docs.microsoft.com/en-gb/dynamics365/business-central/finance-how-reverse-journal-posting Loading … Microsoft Dynamics 365 Business Central Functional Consultant Free Update Certification Sample Questions: https://www.examcollectionpass.com/Microsoft/MB-800-practice-exam-dumps.html --------------------------------------------------- Images: https://free.examcollectionpass.com/wp-content/plugins/watu/loading.gif https://free.examcollectionpass.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2022-05-27 10:48:25 Post date GMT: 2022-05-27 10:48:25 Post modified date: 2022-05-27 10:48:25 Post modified date GMT: 2022-05-27 10:48:25