Microsoft MB6-895 Actual Free Exam Questions & Community Discussion

You are training a new employee. They need to know the items that are required for posting an invoice register.
What are the two required items? Each correct answer presents part of the solution. (Choose two.)

You need to make adjustments to your ledger balances before year-end close.
Which methods can be used to accomplish this goal?

You are processing a vendor payment and attempt to print a check from Microsoft Dynamics 365 for Finance and Operations. Due to printer issues, the check is damaged, and the journal is not yet posted.
You need to void the check.
What should you do?

The accounting manager for your company has been manually processing payments to sales tax authorities for the past several years. You recently learned that Microsoft Dynamics 365 for Finance and Operations can automate much of those tasks.
You need to configure Microsoft Dynamics 365 Finance and Operations to calculate and make periodic payments to tax authorities automatically.
Which two tasks should be completed to make this configuration? Each correct answer presents part of the solution. (Choose two.)

The controller of your company has received notice from the taxing agency of another state that the sales tax rate on the company's products sold in that state will increase by 0.5% starting on January 1st and continuing in perpetuity.
You must make all changes necessary in Microsoft Dynamics 365 for Finance and Operations to make these changes take effect on January 1st.
Which object in Microsoft Dynamics 365 for Finance and Operations should be modified to make this change?

You are reviewing and processing transactions in the General ledger module.
What are three account types that you can choose in a General ledger journal? Each correct answer presents a complete solution. (Choose three.)

Over the past few weeks, several payments have posted to Contoso, Ltd. that were not open invoice.
You are tasked with reconciling their account.
Which process in Microsoft Dynamics 365 for Finance and Operations should you use?

You are consulting with a customer who is implementing Microsoft Dynamics 365 for Finance and Operations for the first time. This customer has income sources in foreign countries and, therefore, will need to perform currency revaluation.
To complete currency setup, which three tasks should be completed before designating main accounts that will be used during the currency revaluation process? Each correct answer presents part of the solution. (Choose three.)