Microsoft MB6-895 Exam Questions And Information – (Feb-2018 Dumps)

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

Question: 1

You create a new budget register entry. You later realize that the date for the lines is set to today’s date.
You need to quickly correct the dates to be the first day of the current month.
What should you do?

A. Use the periodic journal feature to save the journal, then create a new journal with the correct date in the dialog.
B. Select all the lines on the budget register entry, and then use the allocate across periods feature to update the date.
C. Select all the lines on the budget register entry, use the copy feature to duplicate all the lines, and select the correct date.
D. Use the open lines in Excel feature, modify the entries to have the correct date, and then publish the spreadsheet.

Answer: D
Explanation:
https://mbspartner.microsoft.com/D365E/CourseModules/1657#

Question: 2

What is the purpose of the budget control feature in Microsoft Dynamics 365 for Finance and Operations?

A. to enforce that sufficient budget funds are available for planned or actual transactions
B. to consolidate multiple budget plans into a single parent budget
C. to set financial and operational goals
D. to analyze and update the planned budget for each budget cycle

Answer: A
Explanation:
https://mbspartner.microsoft.com/D365E/CourseModules/1657#

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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