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

Q

A company implements Dynamics 365 Supply Chain Management.

You need to prepare an invoice as an estimate of the actual invoice amount before you post the invoice.

Which invoice type should you prepare?

Question ID
#24354
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 Customer
  • B Free text
  • C Pro forma
  • D Invoice register
Correct Answer: C

Explanation

This item tests the candidate’s knowledge of different types of invoices in accounts payable and accounts receivables.

A pro forma invoice is an invoice that is prepared as an estimate of the actual invoice amount before the invoice is posted. The customer invoice completes the sales order, packing slip, and sales invoice cycle. This does not show any estimate. A free text invoice is an invoice that contains order lines that include ledger accounts, free-text descriptions, and a sales amount. It does not show any estimate. Invoice register is an accounts payable process to register the invoice received from the vendor.

Perform accounts receivable daily procedures in Dynamics 365 Finance - Training | Microsoft Learn

Sales and marketing overview - Supply Chain Management | Dynamics 365 | Microsoft Learn

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