A company processes vendor payments in the Payment Journal. The accountant notices that a posted payment was applied to the wrong vendor invoice. The payment itself is correct, but the application must be changed. What should the accountant do?

Edit the Applied Amount field on the posted vendor ledger entry and change the invoice number.

Use the Unapply Entries action on the vendor ledger entry, then apply the payment to the correct invoice.

Reverse the posted payment and re-enter it in the Payment Journal with the correct invoice number.

Post a general journal entry to transfer the amount from the wrong invoice to the correct invoice.

A company receives a bank statement showing a payment to a vendor that was not recorded in Business Central. The accountant wants to register this payment accurately. What should the accountant do first?

Use the bank reconciliation journal to match the bank line to a non-existent entry.

Post a general journal entry directly to the vendor account.

Wait for the vendor to send a reminder before recording the payment.

Create a payment journal line and post it to record the payment.

A company wants to allocate its monthly electricity bill across three departments based on square footage. The bill is posted in the general journal. What should the accountant do?

Use the Recurring Journal to post the bill to the three departments.

Create three separate journal lines, one for each department's share.

Post the bill to one department and then manually create credit memos for the other two.

Create a general journal line with the total bill and use the Allocate action to distribute to the departments.

A company has bank accounts and customer/vendor balances in foreign currencies. At month-end, the accountant needs to update the value of these balances based on the current exchange rate. What should the accountant do?

Run the Adjust Exchange Rates batch job.

Use the Recurring Journal to post exchange rate adjustments.

Update the exchange rates in the Currencies page and then post a general journal entry.

Manually post exchange rate difference entries in the general journal.

Microsoft Certified:Dynamics 365 Business Central Functional Consultant Associate

Domain 4Objective 5

Process Journals and Payments MB-800 Practice Questions (Page 1)

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 47 practice questions to prepare you well beyond it. (estimate)

47questions here

10free pages

11concepts

30–35%of the exam

Questions 1–5

1application · medium
A company processes vendor payments in the Payment Journal. The accountant notices that a posted payment was applied to the wrong vendor invoice. The payment itself is correct, but the application must be changed. What should the accountant do?
Select an answer first
2application · medium
A company receives a bank statement showing a payment to a vendor that was not recorded in Business Central. The accountant wants to register this payment accurately. What should the accountant do first?
Select an answer first
3foundation · easy
Where do you specify the exchange rates used by the 'Adjust Exchange Rates' batch job?
Select an answer first
4application · medium
A company wants to allocate its monthly electricity bill across three departments based on square footage. The bill is posted in the general journal. What should the accountant do?
Select an answer first
5application · medium
A company has bank accounts and customer/vendor balances in foreign currencies. At month-end, the accountant needs to update the value of these balances based on the current exchange rate. What should the accountant do?
Select an answer first

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