A company is disposing of a fixed asset that was acquired in the middle of the fiscal year. The asset has a net book value of $10,000 at the time of disposal. The company wants to post the disposal and also record the depreciation for the partial period up to the disposal date. What is the correct sequence of actions?

Post the disposal first, then post the partial-period depreciation.

Post only the disposal; the system automatically calculates partial-period depreciation.

Post the disposal in the FA Journal and the depreciation in the FA G/L Journal.

Post the partial-period depreciation first, then post the disposal.

When posting a fixed asset disposal in Business Central, which account is credited for the asset's net book value?

Fixed Asset Acquisition Account

Microsoft Certified:Dynamics 365 Business Central Functional Consultant Associate

Domain 4Objective 6

Process Fixed Asset Transactions MB-800 Practice Questions (Page 5)

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 21–25

21expert · hard
A company is disposing of a fixed asset that was acquired in the middle of the fiscal year. The asset has a net book value of $10,000 at the time of disposal. The company wants to post the disposal and also record the depreciation for the partial period up to the disposal date. What is the correct sequence of actions?
Select an answer first
22foundation · easy
When running the Calculate Depreciation batch job in Business Central, which parameter is typically used to specify the end date for the depreciation calculation?
Select an answer first
23foundation · easy
When posting a fixed asset disposal in Business Central, which account is credited for the asset's net book value?
Select an answer first
24foundation · easy
After running the Calculate Depreciation batch job in Business Central, what must be done to finalize the depreciation entries?
Select an answer first
25application · easy
A company acquires a building and wants to depreciate it over 30 years using the Straight-Line method. The building's acquisition cost is $300,000. The accountant sets up the depreciation book with a 'Depreciation Starting Date' of January 1, 2024. What is the annual depreciation amount?
Select an answer first

Finished these 5 questions?

Review the revealed explanations, or continue through the curriculum.

Next 5 questions →Back to MB-800

Free Basic Practice is a study aid with revealable answers — not a scored exam. Examers.io is independent and not affiliated with or endorsed by Microsoft. “MB-800” is a trademark of its owner, used for identification only.

Process Fixed Asset Transactions MB-800 Practice Questions (Page 5)

Questions 21–25

When running the Calculate Depreciation batch job in Business Central, which parameter is typically used to specify the end date for the depreciation calculation?

When posting a fixed asset disposal in Business Central, which account is credited for the asset's net book value?

After running the Calculate Depreciation batch job in Business Central, what must be done to finalize the depreciation entries?

A company acquires a building and wants to depreciate it over 30 years using the Straight-Line method. The building's acquisition cost is $300,000. The accountant sets up the depreciation book with a 'Depreciation Starting Date' of January 1, 2024. What is the annual depreciation amount?

Keep studying — Perform Business Central operations