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

Q

A company implements the Dynamics 365 Finance fixed assets module.

You need to help the company dispose of an existing fixed asset.

Which two items should you post to dispose of the asset? Each correct answer presents a complete solution.

Question ID
#24342
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 a general journal of a Fixed asset account type
  • B a sales invoice
  • C a free text invoice
  • D a fixed asset journal
Correct Answer: C,D

Explanation

This item tests the candidate’s knowledge of fixed asset functionality, specifically how to dispose of a fixed asset.

In the free text invoice, there is an option to select a fixed asset to be sold. A fixed asset journal can perform various fixed asset functions, like acquisition, depreciation, and so on. It can also perform the disposal transaction of the fixed asset. The general journal cannot complete the removal transaction and does not update the status and disposal date of the fixed asset. Sales order can be used to sell items. Fixed order cannot be sold through sales order.

Configure and manage fixed assets and Asset leasing in Dynamics 365 Finance - Training | Microsoft Learn

Dispose of a fixed asset using a free text invoice - Finance | Dynamics 365 | Microsoft Learn

Post fixed asset journals | Microsoft Learn

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