MB-310: Microsoft Dynamics 365 Finance Functional Consultant

Question #: 1
Topic #: 5
You are using Microsoft Dynamics 365 Finance.
You need to acquire a fixed asset.
What are three possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Use a sales invoice.
B. Select a fixed asset account type and transaction type acquisition in a general journal.
C. Select a fixed asset procurement category on the purchase order line.
D. Use a budget plan.
E. Eliminate an investment project once it is finished.

Selected Answer: BCE
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Question #: 2
Topic #: 1
DRAG DROP –
A retail company has outlets in multiple locations. Taxes vary depending on the location.
You need to configure the various components of the tax framework.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
Select and Place:

No answers

Selected Answer: A
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Question #: 3
Topic #: 4
HOTSPOT
–
A company implemented Dynamics 365 Finance less than a year ago. A departments have exceeded their fiscal year budgets.
The following business rules must be implemented to keep the company’s spending on budget.
• Operations must be allowed to exceed budget.
• Marketing must receive warnings when they are over budget.
• Sales mast not exceed its budget.
• All departments must have a calculation in place to determine what they can spend.
• Budget funds do not need to be recorded in the general ledger.
You need to configure budget controls.
Which configuration option should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

No answers

Selected Answer: D
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Question #: 4
Topic #: 3
DRAG DROP –
You are processing checks in Dynamics 365 Finance for a client.
You need to identify the outcome of the processed checks.
What is the check status for each scenario? To answer, drag the appropriate check statuses to the scenarios. Each check status may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: A
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Question #: 5
Topic #: 2
HOTSPOT –
You are implementing Dynamics 365 Finance.
You must manage aging customer balances by sending communications to the customers detailing their past due invoices and automatically including a late charge.
You need to configure Dynamics 365 Finance functionality.
How should you configure the functionality? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: D
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Question #: 6
Topic #: 5
You are using Microsoft Dynamics 365 Finance.
You need to acquire a fixed asset.
What are three possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Use a sales invoice.
B. Select a fixed asset account type and transaction type acquisition in a general journal.
C. Select a fixed asset procurement category on the purchase order line.
D. Use a budget plan.
E. Eliminate an investment project once it is finished.

Selected Answer: BCE
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Question #: 7
Topic #: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are managing credit and collections.
You need to set up mandatory credit limits for all customer documents.
Solution: Select None as the credit type in the Accounts receivable parameters form.
Select the Mandatory credit limit check box in the Customers form.
Does the solution meet the goal?

A. Yes
B. No

Selected Answer: B
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Question #: 8
Topic #: 2
DRAG DROP –
A company is implementing Dynamics 365 Finance.
The company needs the ability to handle deferring revenue, reallocations, revenue schedules, and milestone-based recognition.
You need to configure the functionality.
What should you do? To answer, drag the appropriate functionality to the correct requirement. Each functionality may be used once, more than once, or not at all.
You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: D
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Question #: 9
Topic #: 5
A company implements Microsoft Dynamics 365 Finance to manage fixed assets. The company adds a laptop as a fixed asset.
You run a depreciation proposal. You observe that laptops are not eligible for depreciation.
You need to determine why you cannot depreciate the laptops.
Which feature should you review?

A. Depreciation convention
B. Net book value
C. Capitalization threshold
D. Number sequence
E. Posting layer

Selected Answer: C
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Question #: 10
Topic #: 3
You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact.
You need to assign the Vendor (external) role to this vendor.
Which task can this vendor perform?

A. View consignment inventory.
B. Add a new or existing contact person to the vendor accounts that they are a contact for.
C. Deny or allow a contact person’s access to documents on the vendor collaboration interface that are specific to the vendor account.
D. View and modify contact person information, such as the person’s title, email address, and telephone number.

Selected Answer: A
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Question #: 11
Topic #: 1
HOTSPOT –
A client wants to ensure that transactions posted to the General Ledger have the correct combination of account number and dimensions.
The Services Industry P&L Account Structure has the following information:

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: C
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Question #: 12
Topic #: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are managing credit and collections.
You need to set up mandatory credit limits for all customer documents.
Solution: Select None as the credit type in the Accounts receivable parameters form.
Select the Mandatory credit limit check box in the Customers form.
Does the solution meet the goal?

A. Yes
B. No

Selected Answer: B
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Question #: 13
Topic #: 2
DRAG DROP –
A company is implementing Dynamics 365 Finance.
The company needs the ability to handle deferring revenue, reallocations, revenue schedules, and milestone-based recognition.
You need to configure the functionality.
What should you do? To answer, drag the appropriate functionality to the correct requirement. Each functionality may be used once, more than once, or not at all.
You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: D
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Question #: 14
Topic #: 5
A company implements Microsoft Dynamics 365 Finance to manage fixed assets. The company adds a laptop as a fixed asset.
You run a depreciation proposal. You observe that laptops are not eligible for depreciation.
You need to determine why you cannot depreciate the laptops.
Which feature should you review?

A. Depreciation convention
B. Net book value
C. Capitalization threshold
D. Number sequence
E. Posting layer

Selected Answer: C
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Question #: 15
Topic #: 3
You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact.
You need to assign the Vendor (external) role to this vendor.
Which task can this vendor perform?

A. View consignment inventory.
B. Add a new or existing contact person to the vendor accounts that they are a contact for.
C. Deny or allow a contact person’s access to documents on the vendor collaboration interface that are specific to the vendor account.
D. View and modify contact person information, such as the person’s title, email address, and telephone number.

Selected Answer: A
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Question #: 16
Topic #: 1
HOTSPOT –
A client wants to ensure that transactions posted to the General Ledger have the correct combination of account number and dimensions.
The Services Industry P&L Account Structure has the following information:

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: D
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Question #: 17
Topic #: 3
You are implementing Dynamics 365 Finance. You configure an invoice validation policy to use three-way matching and use a three percent tolerance for invoice totals.
A user enters a vendor invoice journal. The invoice validation policy is not applied.
You need to troubleshoot the policy.
What is the issue with the policy?

A. Validation is only performed on vendor invoice entries.
B. The tolerance percentage is too high.
C. Validation is only performed on invoice register entries.
D. Validation is configured to check for price and quantity.

Selected Answer: A
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Question #: 18
Topic #: 1
HOTSPOT –
A rental service company with complex accrual requirements has accrual schemes set up in its implementation.
You need to ensure that all transactions for the company use an accrual scheme.
Which actions should you perform? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: C
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Question #: 19
Topic #: 5
DRAG DROP
–
A company that manufactures consumer electronics goods uses Microsoft Dynamics 365 Finance.
You need to configure capitalization thresholds for products based on the following requirements:

In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

No answers

Selected Answer: B
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Question #: 20
Topic #: 4
HOTSPOT
–
A company uses Dynamics 365 Finance. The company includes six departments that participate in the budget planning process.
The finance department generates a previous year budget scenario. You must generate a new baseline scenario that is based on the previous year’s budget scenario.
Department managers must be able to enter their budget requests in the baseline scenario. All department requests must be made available to the finance department so that they can determine the total budget funds requested and approve the budget scenario.
You need to configure the allocation schedule.
How should you configure the schedule for the baseline scenario? To answer, select the appropriate options in the dialog box in the answer area.
NOTE: Each correct selectin is worth one point.

No answers

Selected Answer: B
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Question #: 21
Topic #: 2
A cable and internet company implements Dynamics 365 Finance.
The primary line of business for the company is internet services. The company also sells routers and modems to customers for an additional one-time cost.
You need to configure revenue recognition.
What should you configure?

A. Create a revenue schedule for the internet service, router, and modem.
B. Configure the internet service as essential.
C. Configure the internet service, router, and modem as essential.
D. Create the router and modem sales to post to deferred revenue.

Selected Answer: C
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Question #: 22
Topic #: 3
You are implementing Dynamics 365 Finance. You configure an invoice validation policy to use three-way matching and use a three percent tolerance for invoice totals.
A user enters a vendor invoice journal. The invoice validation policy is not applied.
You need to troubleshoot the policy.
What is the issue with the policy?

A. Validation is only performed on vendor invoice entries.
B. The tolerance percentage is too high.
C. Validation is only performed on invoice register entries.
D. Validation is configured to check for price and quantity.

Selected Answer: A
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Question #: 23
Topic #: 1
HOTSPOT –
A rental service company with complex accrual requirements has accrual schemes set up in its implementation.
You need to ensure that all transactions for the company use an accrual scheme.
Which actions should you perform? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: A
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Question #: 24
Topic #: 5
DRAG DROP
–
A company that manufactures consumer electronics goods uses Microsoft Dynamics 365 Finance.
You need to configure capitalization thresholds for products based on the following requirements:

In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

No answers

Selected Answer: A
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Question #: 25
Topic #: 4
HOTSPOT
–
A company uses Dynamics 365 Finance. The company includes six departments that participate in the budget planning process.
The finance department generates a previous year budget scenario. You must generate a new baseline scenario that is based on the previous year’s budget scenario.
Department managers must be able to enter their budget requests in the baseline scenario. All department requests must be made available to the finance department so that they can determine the total budget funds requested and approve the budget scenario.
You need to configure the allocation schedule.
How should you configure the schedule for the baseline scenario? To answer, select the appropriate options in the dialog box in the answer area.
NOTE: Each correct selectin is worth one point.

No answers

Selected Answer: D
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Question #: 26
Topic #: 2
A cable and internet company implements Dynamics 365 Finance.
The primary line of business for the company is internet services. The company also sells routers and modems to customers for an additional one-time cost.
You need to configure revenue recognition.
What should you configure?

A. Create a revenue schedule for the internet service, router, and modem.
B. Configure the internet service as essential.
C. Configure the internet service, router, and modem as essential.
D. Create the router and modem sales to post to deferred revenue.

Selected Answer: A
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Question #: 27
Topic #: 4
DRAG DROP
–
A company uses basic budgeting functionality in Dynamics 365 Finance. The company has four sales territories in the same legal entity. Each territory uses its own budget model. Users view budget versus actual values for each sales territory.
Users must be able to view budget versus actual values for all four territories in the same inquiry.
You need to configure the basic budgeting functionality for the view.
Which three actions should you perform in sequence?
To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

No answers

Selected Answer: C
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Question #: 28
Topic #: 2
DRAG DROP –
You are configuring Microsoft Dynamics 365 Finance. Your company sells televisions, radios, and warranties. Televisions are considered the primary revenue source. You enter a sales order and add the three products. A discount is applied on the order.
Televisions must have a fixed price for revenue recognition. The revenue of warranties must be allocated to all televisions. Any remaining discount can be applied by using the radios. Released products must be configured so that applied discounts will have the requested impact on the revenue recognition.
You need to configure the released products.
Which revenue type should you use? To answer, drag the appropriate revenue type to the correct products. Each revenue type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: C
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Question #: 29
Topic #: 5
DRAG DROP
–
A company is implementing Microsoft Dynamics 365 Finance.
The company has multiple vehicles. You depreciate all vehicles by using the straight-line service life depreciation method. The same ledger account is used to record the transaction when vehicle assets are acquired.
You need to configure the vehicles as fixed assets in the system.
Which feature should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

No answers

Selected Answer: D
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Question #: 30
Topic #: 1
DRAG DROP –
You are configuring a Dynamics 365 Finance environment for intercompany accounting. You create the following legal entities:
✑ CompanyA
✑ CompanyB
You need to configure intercompany accounting for both legal entities.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
Select and Place:

No answers

Selected Answer: D
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Question #: 31
Topic #: 3
HOTSPOT –
A company uses Dynamics 365 Finance.
The company requires a receipt for any employee expense that is $25 of more.
You need to configure an expense management policy.
How should you configure the expense receipt required rule detail? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: C
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Question #: 32
Topic #: 4
DRAG DROP
–
A company uses basic budgeting functionality in Dynamics 365 Finance. The company has four sales territories in the same legal entity. Each territory uses its own budget model. Users view budget versus actual values for each sales territory.
Users must be able to view budget versus actual values for all four territories in the same inquiry.
You need to configure the basic budgeting functionality for the view.
Which three actions should you perform in sequence?
To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

No answers

Selected Answer: C
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Question #: 33
Topic #: 2
DRAG DROP –
You are configuring Microsoft Dynamics 365 Finance. Your company sells televisions, radios, and warranties. Televisions are considered the primary revenue source. You enter a sales order and add the three products. A discount is applied on the order.
Televisions must have a fixed price for revenue recognition. The revenue of warranties must be allocated to all televisions. Any remaining discount can be applied by using the radios. Released products must be configured so that applied discounts will have the requested impact on the revenue recognition.
You need to configure the released products.
Which revenue type should you use? To answer, drag the appropriate revenue type to the correct products. Each revenue type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: C
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Question #: 34
Topic #: 5
DRAG DROP
–
A company is implementing Microsoft Dynamics 365 Finance.
The company has multiple vehicles. You depreciate all vehicles by using the straight-line service life depreciation method. The same ledger account is used to record the transaction when vehicle assets are acquired.
You need to configure the vehicles as fixed assets in the system.
Which feature should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

No answers

Selected Answer: B
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Question #: 35
Topic #: 1
DRAG DROP –
You are configuring a Dynamics 365 Finance environment for intercompany accounting. You create the following legal entities:
✑ CompanyA
✑ CompanyB
You need to configure intercompany accounting for both legal entities.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
Select and Place:

No answers

Selected Answer: D
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Question #: 36
Topic #: 3
HOTSPOT –
A company uses Dynamics 365 Finance.
The company requires a receipt for any employee expense that is $25 of more.
You need to configure an expense management policy.
How should you configure the expense receipt required rule detail? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

No answers

Selected Answer: C
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Question #: 37
Topic #: 1
An organization plans to set up intercompany accounting between legal entities within the organization.
Automatic transactions between legal entities must meet the following requirements:
✑ Provide systemwide integration and streamlining to save time.
✑ Minimize errors and create an audit trail with full visibility into business activities and transaction histories within the legal entities.
You need to set up intercompany accounting and create pairs of legal entities that can transact with each other, clearly defining the originating company and the destination company.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. Select intercompany journal names.
B. Configure intercompany accounting in both the originating entity and destination entity.
C. Create intercompany main accounts to use for the due to and due from accounting entries.
D. Define intercompany accounting setup by creating legal entity pairs defining originating and destination companies.
E. Configure intercompany accounting in the destination entity only.

Selected Answer: ACD
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Question #: 38
Topic #: 4
A company implements basic budgeting functionality in Dynamics 365 Finance in multiple departments that belong to the same legal entity.
Managers must be able to identify and track budgets by department.
You need to configure the system.
What should you configure?

A. Budget model with sub-models
B. Budget transfer rules
C. Budget codes and budget types
D. Budget entries workflows

Selected Answer: A
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Question #: 39
Topic #: 3
A company uses Dynamics 365 Finance to manage billing and expenses for projects. Team members complete expense reports and submit the expense reports to a project manager for approval.
Each expense report must contain expense lines for one project only. Expense reports that are submitted without a project specified must be rejected.
You need to configure an expense report approval workflow.
Which three actions should you take? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. Create an expenditure reviewers’ group in Expense management.
B. Create a user group for project managers and add all project managers to the group.
C. Create an expense report workflow.
D. Set up a condition to run an approval step only if the expense report has a project specified. Set the workflow assignment to Expenditure reviewers.
E. Set up an automatic action to reject expense report lines that do not have projects specified. Set the workflow assignment to Expenditure reviewers.

Selected Answer: ACD
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Question #: 40
Topic #: 2
A company uses Microsoft Dynamics 365 Finance. You create revenue allocation schedules for items.
You need to link a revenue allocation schedule to an item.
Which two pages should you use? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Item group
B. Revenue allocation journal
C. Released item
D. Item posting profile
E. Charges group

Selected Answer: AC
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Question #: 41
Topic #: 5
A company uses Microsoft Dynamics 365 Finance and Dynamics 365 Project Operations.
The company must associate fixed assets with subprojects to track the money that the company spends to maintain assets.
You need to configure subprojects to track the associated fixed asset transactions.
Which two types of subprojects can you use? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Cost
B. Investment
C. Fixed price
D. Time and material
E. Internal

Selected Answer: AE
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Question #: 42
Topic #: 1
An organization plans to set up intercompany accounting between legal entities within the organization.
Automatic transactions between legal entities must meet the following requirements:
✑ Provide systemwide integration and streamlining to save time.
✑ Minimize errors and create an audit trail with full visibility into business activities and transaction histories within the legal entities.
You need to set up intercompany accounting and create pairs of legal entities that can transact with each other, clearly defining the originating company and the destination company.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. Select intercompany journal names.
B. Configure intercompany accounting in both the originating entity and destination entity.
C. Create intercompany main accounts to use for the due to and due from accounting entries.
D. Define intercompany accounting setup by creating legal entity pairs defining originating and destination companies.
E. Configure intercompany accounting in the destination entity only.

Selected Answer: ACD
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Question #: 43
Topic #: 4
A company implements basic budgeting functionality in Dynamics 365 Finance in multiple departments that belong to the same legal entity.
Managers must be able to identify and track budgets by department.
You need to configure the system.
What should you configure?

A. Budget model with sub-models
B. Budget transfer rules
C. Budget codes and budget types
D. Budget entries workflows

Selected Answer: A
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Question #: 44
Topic #: 3
A company uses Dynamics 365 Finance to manage billing and expenses for projects. Team members complete expense reports and submit the expense reports to a project manager for approval.
Each expense report must contain expense lines for one project only. Expense reports that are submitted without a project specified must be rejected.
You need to configure an expense report approval workflow.
Which three actions should you take? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. Create an expenditure reviewers’ group in Expense management.
B. Create a user group for project managers and add all project managers to the group.
C. Create an expense report workflow.
D. Set up a condition to run an approval step only if the expense report has a project specified. Set the workflow assignment to Expenditure reviewers.
E. Set up an automatic action to reject expense report lines that do not have projects specified. Set the workflow assignment to Expenditure reviewers.

Selected Answer: ACD
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Question #: 45
Topic #: 2
A company uses Microsoft Dynamics 365 Finance. You create revenue allocation schedules for items.
You need to link a revenue allocation schedule to an item.
Which two pages should you use? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Item group
B. Revenue allocation journal
C. Released item
D. Item posting profile
E. Charges group

Selected Answer: AC
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Question #: 46
Topic #: 5
A company uses Microsoft Dynamics 365 Finance and Dynamics 365 Project Operations.
The company must associate fixed assets with subprojects to track the money that the company spends to maintain assets.
You need to configure subprojects to track the associated fixed asset transactions.
Which two types of subprojects can you use? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Cost
B. Investment
C. Fixed price
D. Time and material
E. Internal

Selected Answer: AE
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Question #: 47
Topic #: 4
You create a parent budget for the next fiscal year of a parent company. The parent company is configured as its own legal entity.
Franchises are configured as separate legal entities. The parent company sets the budget for each franchise based on the past year’s performance.
Ledger allocation rules, periods allocation keys, and budget allocation terms have not been created. Budget line items must be allocated to the budget for each franchise.
You need to ensure the franchise budgets are allocated.
What should you do?

A. Create ledger allocation rules. Set the allocation method to use ledger allocation rules.
B. Create period allocation keys. Set the allocation method to allocate across periods.
C. Set the allocation method to distribute.
D. Set the allocation method to aggregate.
E. Create budget allocation terms. Set the allocation method to allocate to dimensions.

Selected Answer: E
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Question #: 48
Topic #: 2
DRAG DROP –
You have implemented Dynamics 365 Finance.
You must implement interest fees to encourage customers to pay on time.
You need to configure interest fees.
Which functionality should be configured? To answer, drag the appropriate functionality to the correct scenario. Each functionality may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: D
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Question #: 49
Topic #: 1
DRAG DROP –
You are a controller in an organization. You are identifying cost drivers to see how changes in business activities affect the bottom line of your organization. You need to assess cost object performance to analyze actual versus budgeted cost and how resources are consumed.
You need to demonstrate your understanding of cost accounting terminology.
Which component maps to the cost accounting terminology?
To answer, drag the appropriate component to the correct cost accounting terminology. Each source may be used once. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

No answers

Selected Answer: D
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Question #: 50
Topic #: 5
DRAG DROP
–
A company uses Microsoft Dynamics 365 Finance.
You receive a new purchase invoice. You must process the invoice as a fixed asset that complies with applicable tax regulations. Double entry is not permitted for asset acquisitions.
You need to configure the asset and books.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

No answers

Selected Answer: C