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MB6-895 Microsoft Dynamics AX Finance with correct answers graded A+
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MB6-895 Microsoft Dynamics AX Finance with correct answers graded A+
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MB6-895 Microsoft Dynamics AXFinance
Withholding tax - correct answer ✔✔tax on noninventory deliveries, or services, that are delivered by a
supplier who is not an employee of the company
Trial Balance - correct answer ✔✔Operation that allows you to view the company's financial state
Financial dimensions sets - correct answer ✔✔Used to determine how reports and inquiries related to
the general ledger are rendered, used to calculate and store balances, drive the data display in the trial
balance list sets
types of accounts for automatic transactions - correct answer ✔✔rounding differences, retained
earnings, and discounts
journal controls - correct answer ✔✔set up posting rules for the journal name, restrict the type of
accounts usable on the journal, specify the dimension values that can be used along with a ledger
account
journal type - correct answer ✔✔controls in which module a journal will make entries and what type of
entries
daily - correct answer ✔✔journal type that will only be used in GL
in connection with balance - correct answer ✔✔every line in a journal will have the same voucher
number until the journal is balanced
posting restrictions - correct answer ✔✔determine which user groups can post to a journal
posting layer - correct answer ✔✔determines what journal level a journal is posted to
, detail level - correct answer ✔✔determines whether or not lines are combined in a journal (summary
would sum all debit and all credit lines in the journal)
balance control accounts - correct answer ✔✔monitor balances of accounts like bank accounts used for
disbursements, strictly relates to a Ledger type account
bank and cash management accounts - correct answer ✔✔accounts related to this module have
automatic balance control accounts created
A vendor invoice for a purchase order is attached to a purchase order and it finishes - correct answer
✔✔purchase order, product receipt and vendor invoice cycle.
invoice matching - correct answer ✔✔invoice matching type that requires the least amount of detail
three-way invoice matching - correct answer ✔✔invoice matching type that checks numbers on
purchase order, vendor invoice, and product receipt
invoice register journal - correct answer ✔✔pre-registers invoices when they arrive at the company and
sends them to the invoice pool for approval
amount voucher template - correct answer ✔✔voucher template type that lets you re-create a voucher
for the same accounts and values as the original entry
percent voucher template - correct answer ✔✔voucher template type that lets you retain the
distribution of amounts between multiple debits or credits from the original entry, keeping the same
accounts
types of invoice journals - correct answer ✔✔invoice register, invoice approval, invoice journal
posting profile levels - correct answer ✔✔all, group, table
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