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NEW QUESTION 24
An organization sells monthly service subscriptions. The organization sends invoices to customers on the 15th of every month in the amount of $450.00.
You need to set up, configure, and process recurring free text invoices for the customers.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Answer:

Explanation:

 

NEW QUESTION 25
A company provides employee life insurance to all full-time employees.
Employee life insurance policies are paid twice a year to the insurance company.
Transactions for current employees must be recognized in the general ledger twice a month with an employee's pay.
Transactions for new employees must be recognized in the general ledger based upon the employee's first pay date.
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. For current employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the employee's first pay date.B. For current employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal year.C. For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal year.D. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the employee's first pay date.

Answer: A,B

 

NEW QUESTION 26
A public sector company is configuring encumbrance for managing capital budgets.
The finance department needs to configure posting definitions for bank transactions.
You need to configure Dynamics 365 for Finance and Operations for cash settlements.
What should you do?

A. Configure combined deposit amountsB. Configure general ledger year-end closeC. Configure budget appropriationsD. Configure advanced ledger entries

Answer: A

Explanation:
Section: Topic 1, Set up and configure financial management

 

NEW QUESTION 27
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