MCQ Practice Single Best Answer Topic: Exam MB-920: Microsoft Dynamics 365 Fundamentals (ERP) MCQ

Q

A company uses Dynamics 365 Finance.

You receive shipments of materials for which you did not create a purchase order.

You need to accrue the expenses.

What are two ways to accrue the expenses? Each correct answer presents a complete solution.

Question ID
#24340
Subchapter
Exam MB-920: Microsoft Dynamics 365 Fundamentals (ERP) MCQ
Action
Choose one option below

Choose Your Answer

Click an option to check whether your answer is correct.

  • A Vendor invoice journal
  • B Vendor invoice policies
  • C Vendor invoice register
  • D Vendor invoice workflow
Correct Answer: A,C

Explanation

This item tests the candidate’s knowledge of vendor invoices.

Vendor invoice journals let you quickly enter invoices that do not reference a purchase order, in a single step. Vendor invoice registers let you enter invoices that do not reference a purchase order, so that you can accrue the expenses. Vendor invoice policies set rules that need to be followed when creating vendor invoices. Vendor invoice workflows are automated processes that need to be followed during the invoice process. The vendor open transactions report provides detailed information about the open transactions for each vendor as of the date that you specify.

Work with accounting distributions, invoice validations and settlements in Dynamics 365 Finance - Training | Microsoft Learn

Vendor invoices overview - Finance | Dynamics 365 | Microsoft Learn

Share This Question

Share this MCQ with your friends or study group.