Manage the Chart of Accounts MB-800 Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A controller wants to create a custom report that shows 'Total Revenue' and 'Total Expenses' for each quarter, with a breakdown by business unit dimension. The chart of accounts uses account categories. What is the most efficient way to build this report?

   • AUse the 'Financial Report' page to generate a report from the existing account categories.
   • BExport the general ledger to Excel and create a pivot table.
   • CCreate an account schedule with rows for the Revenue and Expense categories and columns for each quarter and business unit.
   • DCreate separate G/L accounts for each business unit and quarter, then use the standard income statement.
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2. 12foundation · easy

   When you create a new account category in Dynamics 365 Business Central, which of the following must you specify?

   • AA default G/L account number
   • BA name and a description
   • CA posting group
   • DA dimension code
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4. 13expert · hard

   A company's income statement currently shows 'Operating Expenses' as a single line. Management wants to see 'Salaries', 'Rent', and 'Utilities' as separate lines, but only for internal reporting. The external financial statements must continue to show 'Operating Expenses' as a single line. What is the most efficient way to achieve this?

   • AUse dimensions on the expense entries and filter the standard income statement by dimension.
   • BCreate subcategories under 'Operating Expenses' for internal reporting, and use a separate account schedule for external reporting that only shows the parent category.
   • CCreate two account categories for 'Operating Expenses' and assign the expense accounts to both.
   • DCreate separate G/L accounts for Salaries, Rent, and Utilities, and use them for all postings.
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5. 14application · medium

   A consulting company wants to allocate its monthly rent expense to three departments based on the number of employees in each department. The allocation should be posted automatically when rent is posted. What should you configure?

   • AUse dimensions to track rent by department.
   • BCreate a recurring journal for the rent expense.
   • CCreate a general ledger allocation with the rent expense account as the source and the three department accounts as targets, using employee count as the allocation base.
   • DPost the rent entry manually to each department account every month.
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6. 15application · medium

   A company's income statement shows 'Sales' as a single line. Management wants to see 'Domestic Sales' and 'International Sales' as separate lines, but the company does not use dimensions. What is the most efficient way to achieve this?

   • ACreate two new G/L accounts for Domestic and International Sales, and update the sales posting groups to use them.
   • BCreate two account categories and assign the existing Sales account to both.
   • CUse an account schedule to split the Sales account by the 'Department' dimension.
   • DCreate subcategories under the Sales category and assign the Sales account to both subcategories.
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