Microsoft MB6-895 Exam Review Questions – Updated 2018

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Latest and Most Accurate Microsoft MB6-895 Dumps Exam Questions and Answers:

Question: 1

You are creating a budget register entry for rent. You created a line for account 671450 with cost center 10 for an amount of 8,900.00 USD.
You need to duplicate the line for each month of the year.
What should you do?

A. Use the allocate across period feature.
B. Use the allocate across dimensions feature.
C. Create a recurring entry.
D. Create a periodic journal.

Answer: C

Question: 2

Your company has enabled commitment accounting.
You need to identify which purchasing scenarios in your company should use the commitment accounting feature.
In which two situations should you use encumbrance? Each correct answer presents a complete solution.

A. for month utility payments
B. to repair services
C. for emergency purchases
D. to make internal purchases

Answer: AD
Explanation:
https://mbspartner.microsoft.com/AX/CourseModules/1095/678

Question: 3

You are responsible for budget and are currently creating a budget.
You need to identify the steps that the budget plan will contain.
Which budget planning feature should you use to identify the steps?

A. budget planning stages
B. budget planning workflow stages
C. budget plan scenarios
D. budget plan priorities

Answer: A
Explanation:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-overview-configuration

Question: 4

You are creating a new budget register entry. You create a line to account 606800 for 10,000.00 USD on January 1st of the current year.
You need to spread the amount, based on a sales curve over the entire year.
What should you do?

A. Use the Allocate across dimension function on the line.
B. Create a recurring entry.
C. Create an allocation basis and rule.
D. Use the Allocate across periods function on the line.

Answer: D
Explanation:
Verified below:

Question: 5

You are implementing the budget control feature for Contoso, LTD
You need to configure the system based on the requirements you have gathered.
Which three settings can be defined for the Budget control configuration feature? Each correct answer presents a complete solution.

A. the various transactions that will have a budget check performed
B. the transactions to be included and excluded in the budget funds available
C. the budget planning stages and templates for uploading the budget
D. the main accounts and financial dimensions to be validated
E. the worldflow that is required when a budget is exceeded

Answer: BDE
Explanation:
See below:

Question: 6

You are consultant who works for Contoso, Ltd. You are implementing Microsoft Dynamics 365 for Finance and Operations and have gathered requirement from the client for their budgeting process.
You need to identify which requirements rom Contoso, Ltd. should be configured as a budget planning stage.
Which requirement should you identify?

A. The budget plan needs to use a workflow that routes for two approvals before the status can change to approved.
B. The budget plan needs to go through three steps for created, approved, and final.
C. The budget plan needs to include prior year actual and prior year budget quantities and amounts.
D. The budget plan needs to include two objectives; one for lower cost and another for increasing sales.

Answer: B
Explanation:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-overview-configuration#configuring-budget-planning

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