Free Microsoft MB6-702 Exam Dumps Questions & Answers

In which three scenarios should you use a bridging account? Each correct answer presents a complete solution.

• A.  To settle prepayments for a vendor
• B.  To settle prepayments for a customer
• C.  To settle postdated checks for a vendor
• D.  As a method of payment for customers
• E.  As a method of payment for vendors

What is the purpose of budget control?

• A.  To set financial and operational goals
• B.  To analyze and update budget plans
• C.  To enforce that sufficient budget funds are available for planned or actual purchases
• D.  To consolidate multiple budget plans into a single parent budget

In which three modules can a fixed asset be acquired? Each correct answer presents a complete solution.

• A.  Accounts payable module
• B.  Accounts receivable module
• C.  Budgeting module
• D.  Inventory module
• E.  General ledger module

What is the purpose of a budget model?

• A.  To assign workflow to budget register entries
• B.  To select the financial dimensions to use for budgeting
• C.  To assign a budget type to the budget register entries
• D.  To group budget register transactions

You need to generate a vendor prepayment in a payment journal.
Which two processes should you complete before posting a prepayment? Each correct answer presents part of the
solution.

• A.  Set up a prepayment posting profile.
• B.  Set up a prepayment in a purchase order.
• C.  Create a vendor invoice for the prepayment.
• D.  Create a payment journal for the prepayment.