M365 Dynamics Finance and Operations -Test Your Knowledge 8

M365 Dynamics Finance and Operations -Test Your Knowledge 8

Professional Development

5 Qs

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M365 Dynamics Finance and Operations -Test Your Knowledge 8

M365 Dynamics Finance and Operations -Test Your Knowledge 8

Assessment

Quiz

Professional Development

Professional Development

Medium

Created by

James Olorunosebi

Used 2+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following options is not considered part of setting up an allocation rule?

General settings

Source document

Destination

Offset entries

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which allocation method defines how, and in what proportion, the source amounts are distributed to the various destination lines, by referring to balances in other account dimensions?

Fixed weight

Fixed percentage

Basis

Equally

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you receive and post a vendor invoice, but want to recognize that expense later, which Finance functionality is the best solution?

Reversing entry

Ledger allocation rule

Advanced rule

Accrual scheme

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one of the following components defines how the result of the allocation calculation should be distributed and accounted for?

Source

Basis

Destination

Offset

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which allocation method defines how, and in what proportion, the source amounts are distributed to the various destination lines, by referring to balances in other account dimensions?

Basis

Fixed percentage

Equally

Fixed weight

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