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NEW QUESTION: 1
You need to identify the root cause for the error that User5 is experiencing.
What should you check?
A. Fixed asset depreciation profiles
B. Fixed asset posting profiles
C. Fixed asset determination rules
D. Fixed asset books
E. Fixed asset rules
Answer: C
Explanation:
Topic 1, Munson's Pickles and Preserves Farm
This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. If the case study has an All Information tab, note that the information displayed is identical to the information displayed on the subsequent tabs. When you are ready to answer a question, click the button to return to the question.
Background
Munson's Pickles and Preserves Farm grows and distributes produce, jellies, and jams. The company's corporate headquarters is located in Dallas, TX. Munson's has one operations center and seven regional distribution centers in the United States.
The company has two wholly owned subsidiaries that operate in Canada. The Canadian entity owns an entity in France.
Munson's plans to expand into Latin America by purchasing the last 25 percent of a subsidiary that they own in Costa Rica. This process is expected to complete within the next two years.
The company plans to implement Dynamics 365 Finance and Dynamics 365 Supply Chain to meet their growing business needs.
Current environment. General
Munson's uses a mix of internally-developed legacy systems that handle their finance and distribution activities. The company has an isolated CRM system.
* Both Canadian subsidiaries have two departments: marketing and operations.
* Financial reporting is difficult due to data residing in disparate systems.
* Financial reporting is currently performed by using Microsoft Excel.
* Pre-orders in the current system are difficult to track because the order management system is not integrated with the finance system.
* Pickle sales post to one revenue account, but this does not allow for targeted reporting by pickle cut and type.
Current environment. Organization
The following chart shows Accounting/Reporting Currencies and Tax ID, if applicable.
* Typically, vendor invoices are received prior to receipt of product.
* The following fixed assets are sold for a loss:
* BUILD-100
* CAR-1233
* At the regional distribution centers, the value for physical inventory does not match the inventory in the financial system.
* Munson's rents their corporate office. Rent is not paid by purchase order. Rent is due once a quarter.
* Allocations are performed manually.
* Barrels are inventoried by site and warehouse.
* Munson's has multiple depreciation and tax books for all of their fixed asset equipment.
* Budgets are posted at the department level for each legal entity.
Requirements. Sales
* Customers should be able to pre-order for fall release of pickles.
* Three-way matching must be enforced for all purchases.
* Fixed asset sale transactions require a ledger account entered at the time of transaction.
* Fixed assets purchased must be automatically created in fixed asset module. This includes inventory items and write in purchase orders/non-inventoried items.
* One dollar from every sale needs must be tracked and donated at the end of each month to a charitable organization.
* Purchasing budgets must be enforced at the main account level.
Requirements. Finance
* Accounts payable must be able to enter vendor invoices on the day they were received to be settled against when product is received.
* Accounts payable must be able to enter vendor invoices to accrue expense without specifying a purchase order at the time of entry.
* Postage expenses must be split evenly across the regional distribution centers automatically.
* Administrative expenses must be distributed across the regional distribution centers by percentage of fulfillment orders monthly.
* Pickling machines depreciation must be uniquely recorded for visibility but not post to the ledger.
Issues
* During implementation testing, User1 indicates that after packing slips are generated for purchase orders, there are no ledger postings.
* User2 indicates that fixed assets purchased on a purchase order do not show up in the Fixed Assets module.
* User3 reports that they are seeing inconsistent application of the one-dollar donation from all sales orders.
* User4 in the Canadian subsidiary is able to purchase supplies for marketing despite exceeding the marketing department budget.
* User5 reports that when purchasing a non-inventoried computer, the system is automatically assigning it to the buildings fixed asset group.
NEW QUESTION: 2
시스템 감사 프로세스는 감사 계획에 위험 기반 접근 방식을 사용하는 것이 어떤 이점이 있습니까?
A. 제어 테스트가 일찍 시작됩니다.
B. 감사 자원은 가장 관심이 있는 분야에 할당됩니다.
C. 컨트롤 테스트가 더 철저합니다.
D. 감사 위험이 감소합니다.
Answer: B
Explanation:
설명:
가장 중요한 관심 영역에 감사 자원을 할당하는 것은 감사 계획에 대한 위험 기반 접근 방식의 이점입니다.
NEW QUESTION: 3
Assume you are working on a multi-phase project as your project is planned to last three years. A best practice is to______________
A. Periodically review the business case
B. Rely on your PMO for guidance
C. Set up a `tight matrix'
D. Use a single prime contractor and have this contractor award any subcontracts
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The business case is an input to the develop project charter process. On a multi-phase project, it should be reviewed periodically to ensure the project is on track to deliver the business benefits.
NEW QUESTION: 4
You create a table that has three columns named StudentCode, SubjectCode, and Marks. The Marks column records grades for students expressed as a percentage. The table has marks obtained by 50 students for various subjects.
You need to retrieve the StudentCode and Marks for students who scored the highest percentage for each subject.
Which Transact-SQL query should you use?
A. Option F
B. Option A
C. Option C
D. Option B
E. Option E
F. Option G
G. Option D
H. Option H
Answer: A
Explanation:
Explanation
We use PARTION BY SubjectCode to get the Subjects, DESC sorting and RANK =1 to get highest scores.