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MB6-893 - Microsoft Dynamics AX Financials - Dump Information

Vendor : Microsoft
Exam Code : MB6-893
Exam Name : Microsoft Dynamics AX Financials
Questions and Answers : 92 Q & A
Updated On : December 14, 2017
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MB6-893 Questions and Answers

MB6-893

QUESTION: 38

An accountant wants to create a journal of amount 100 USD, exclusive of sales tax, against a customer. The accountant needs to modify the "Amount incl. salex tax" field so that it applies only to the journal created. Which setting should the accountant use?


  1. Individual Journal line

  2. Individual Journal from

  3. General ledger, Journal names from

  4. General ledger, Parameters from


Answer: D


QUESTION: 39

You are setting up taxes on customer invoices. You need to report a sales tax on the invoice, as and when it is settled, to the tax authorities. When the customer settles the invoice with the second payment of 625 USD, you report the remaining sales tax. What should you set up in this situation?


image


  1. Withholding sales tax

  2. Sales tax exemption

  3. Standard sales tax

  4. Conditional sales taxes


Answer: B


QUESTION: 40

You are an accounting manager, your company has a new customer, A ledger account must be set up to record the sales tax liability and payments made to the taxing authority in the customer's specific region automatically. Which two account groups should you choose for these ledger accounts? Each correct answer presents part of the solution.


  1. Settlement account

  2. Sales-tax receivable

  3. Sales-tax payable

  4. Use-tax payable


Answer: C


QUESTION: 41

You are setting up sales tax on sales order for you customer. You need to define the setup so that it calculates as follows:


image


  1. Define "Origin" under " Calculation parameter" on the sales tax code as "Percentages on sales tax".

  2. Define "Calculation method" under "Calculation parameter" on the sales tax code as "Whole amount".

  3. Define three sales tax codes. One for each tax rate.

  4. Define "Calculation method" under "Calculation parameter" on the sales tax code as "Inter-val"


Answer: D


QUESTION: 42

You are the accounts receivable manager at you company. The company receives an advance of 10,000 USD against a sales order from the customer. The tax authorities require the company to report the sales tax on the advance amount, even though the sales have not been made. You need to ensure that this requirement is fulfilled. What should you do?


  1. Report sales tax on prepayment against a prepayment voucher.

  2. Report sales tax exemption against a prepayment voucher.

  3. Report withholding sales tax against a prepayment voucher.

  4. Report conditional sales tax against a prepayment voucher.


Answer: C


Microsoft MB6-893 Exam (Microsoft Dynamics AX Financials) Detailed Information

MB6-893 - Microsoft Dynamics AX Financials


MB6-893 Test Objectives


Set up and configure the Finance modules (15–20%)
Set up, configure, and process sales tax (15–20%)
Set up basic budgeting and budget planning (10–15%)
Create Budget Register entries (15–20%)
Manage Financial daily procedures (20–25%)
Set up and use Collections Management and Consolidations (10–15%)


References:


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