Question 55 of 215 from exam MB-300: Microsoft Dynamics 365: Core Finance and Operations

Question 55 of 215 from exam MB-300: Microsoft Dynamics 365: Core Finance and Operations

Question

HOTSPOT - A company uses May 1 as the start of its fiscal year.

You need to set up fiscal calendars and date intervals in financial accounting.

Which of the following attributes or purposes does each of the data configurations have? To answer, select the appropriate configuration in the answer area.

NOTE: Each correct selection is worth one point.

Hot Area:

Answer Area

Date configurations

Fiscal calendar

Date interval

Date configurations

Fiscal calendar

Date interval

Attributes

Is an optional setup

Is a mandatory setup

Is company specific
Contains only one fiscal year

Is an optional setup

Is a mandatory setup

Used by one legal entity only

Can cross different fiscal calendars

Purposes

Sales calendar

Fixed asset calendar
Warehouse calendar
Procurement calendar

Easy date range selection
Mark a date range for journal adjustment:
Mark a date for financial auditing

Limit posting date range

Explanations