A company has a fixed asset with an acquisition cost of $100,000, a salvage value of $10,000, and a useful life of 10 years using straight-line depreciation. They run the 'Calculate Depreciation' batch job for the first year. The depreciation amount posted is $9,000, but the expected amount is $9,000. However, the user notices that the 'Depreciation Until Date' is set to the end of the current fiscal year, and the asset was acquired mid-year. What is the most likely reason the depreciation amount is correct?

The salvage value is ignored when calculating depreciation

The batch job automatically prorates depreciation based on the number of days from the acquisition date to the depreciation until date

The useful life is measured in years, and the batch job always calculates a full year's depreciation

The depreciation book has a 'Depreciation Starting Date' that overrides the acquisition date

A company acquires a fleet of vehicles. Each vehicle has a different purchase price and useful life. They want to set up the fixed assets so that depreciation is calculated automatically each month. What is the minimum setup required?

Create a depreciation book and assign it to the general ledger

Set up a fixed asset class and assign all vehicles to it

Create a fixed asset card for each vehicle, assign a depreciation book, and set up FA posting groups

Create one fixed asset card for the entire fleet and use a single depreciation book

A company is writing off a fixed asset that was destroyed in a fire. The asset has a net book value of $5,000. The company has no insurance recovery. What is the correct way to record this write-off in Business Central?

Post a manual general journal entry to remove the asset cost and accumulated depreciation.

Post a disposal entry with a sale price of $0.

Post a depreciation entry for the remaining net book value.

A company has posted a fixed asset disposal entry. Later, they discover the disposal was posted to the wrong G/L account. What is the recommended way to correct this?

Post a general journal entry to move the amount from the wrong account to the correct account

Reverse the disposal entry and post a new disposal with the correct G/L account

Delete the posted disposal entry and re-enter it

Edit the posted disposal entry directly to change the G/L account

Microsoft Certified:Dynamics 365 Business Central Functional Consultant Associate

Domain 4Objective 6

Process Fixed Asset Transactions MB-800 Practice Questions (Page 4)

Part of the Perform Business Central operations domain, which accounts for 30–35% of the MB-800 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~12–23 in this domain), expect 2–3 from this objective — we provide 40 practice questions to prepare you well beyond it. (estimate)

40questions here

8free pages

8concepts

30–35%of the exam

Questions 16–20

16expert · hard
A company has a fixed asset with an acquisition cost of $100,000, a salvage value of $10,000, and a useful life of 10 years using straight-line depreciation. They run the 'Calculate Depreciation' batch job for the first year. The depreciation amount posted is $9,000, but the expected amount is $9,000. However, the user notices that the 'Depreciation Until Date' is set to the end of the current fiscal year, and the asset was acquired mid-year. What is the most likely reason the depreciation amount is correct?
Select an answer first
17application · easy
A company purchases a fixed asset from a vendor and receives an invoice. They want to record the acquisition and also track the vendor's invoice number. Which document should be used?
Select an answer first
18application · medium
A company acquires a fleet of vehicles. Each vehicle has a different purchase price and useful life. They want to set up the fixed assets so that depreciation is calculated automatically each month. What is the minimum setup required?
Select an answer first
19application · medium
A company is writing off a fixed asset that was destroyed in a fire. The asset has a net book value of $5,000. The company has no insurance recovery. What is the correct way to record this write-off in Business Central?
Select an answer first
20application · medium
A company has posted a fixed asset disposal entry. Later, they discover the disposal was posted to the wrong G/L account. What is the recommended way to correct this?
Select an answer first

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Process Fixed Asset Transactions MB-800 Practice Questions (Page 4)

Questions 16–20

A company purchases a fixed asset from a vendor and receives an invoice. They want to record the acquisition and also track the vendor's invoice number. Which document should be used?

A company acquires a fleet of vehicles. Each vehicle has a different purchase price and useful life. They want to set up the fixed assets so that depreciation is calculated automatically each month. What is the minimum setup required?

A company is writing off a fixed asset that was destroyed in a fire. The asset has a net book value of $5,000. The company has no insurance recovery. What is the correct way to record this write-off in Business Central?

A company has posted a fixed asset disposal entry. Later, they discover the disposal was posted to the wrong G/L account. What is the recommended way to correct this?

Keep studying — Perform Business Central operations