You must configure journal controls in Dynamics 365 for Finance and Operations.

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic

Correct Answer:

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/general-journal-processing

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You need to configure invoice validation for vendors in Dynamics 365 for Finance and Operations. You are viewing the Accounts payable parameter for Invoice validation.

Correct Answer:

Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/tasks/set-up-accounts-payable-invoice-matching-validation

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Users are posting project transactions and bank transactions incorrectly in the General journal. The client wants to prevent this from happening in the future.
You need to configure Dynamics 365 for Finance and Operations to limit the account type transactions to only ledger.
What should you do?

• A.Use journal control to specify which account types are valid for the General ledger journal.
• B.Use advanced ledger entries to define the account types that can be used in the General ledger journal.
• C.Configure the voucher series associated with this journal to allow only ledger account types.
• D.Create a journal template that has ledger as the account type and offset account type.

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You are a Dynamics 365 Finance consultant. You plan to configure the allocation base, cost behavior, and cost distribution.
Which three actions do these configurations accomplish? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

• A.Spread costs from one cost object to one or more other cost objects by applying a relevant allocation base.
• B.Measure and quantify activities, such as machine hours that are used, kilowatt hours that are consumed, or square footage that is occupied.
• C.Spread the balance of the cost from one cost object to one or more other cost objects by applying a relevant allocation base.
• D.Control which journals can be used in the costing process.
• E.Classify costs according to their behavior in relation to changes in key business activities.

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A company is preparing to complete a year-end close process.
You need to configure the Dynamics 365 for Finance and Operations General ledger module. Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

• A.Configure the Fiscal year close parameters
• B.Configure the ledger calendar for the new fiscal year
• C.Configure the transfer balance
• D.Validate the main account type
• E.Create the next fiscal year

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