A company receives a payment from a customer but the customer did not specify which invoice the payment is for. The accountant wants to register the payment and apply it later. What should the accountant do?

Apply the payment to the oldest open invoice automatically.

Create a prepayment invoice for the customer.

Hold the payment until the customer specifies the invoice.

Post the payment in the Cash Receipt Journal as unapplied.

A company has a general ledger account for fixed assets that is maintained in a foreign currency. At year-end, the accountant needs to revalue the balance of this account to reflect the current exchange rate. What should the accountant do?

Run the Adjust Exchange Rates batch job and include the fixed asset account.

Manually post a revaluation entry to the fixed asset account.

Use the Fixed Asset Revaluation journal.

Change the currency code on the fixed asset account.

A company posted several general journal entries with incorrect dimension values. The accountant needs to correct the dimensions on the posted entries without reversing them. What should the accountant do?

Reverse the posted entries and re-enter them with correct dimensions.

Edit the dimensions directly on the posted ledger entries.

Use the Dimension Correction Tool to change the dimensions on the posted entries.

Post a new general journal entry to adjust the dimensions.

What is the primary purpose of the Bank Account Reconciliation page in Business Central?

To match bank statement lines with bank ledger entries

To transfer funds between bank accounts

What is the purpose of the 'Adjust Exchange Rates' batch job in Business Central?

To update the value of open entries in foreign currencies

To post sales invoices in foreign currency

To delete old exchange rate entries

Microsoft Certified:Dynamics 365 Business Central Functional Consultant Associate

Domain 4Objective 5

Process Journals and Payments 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 47 practice questions to prepare you well beyond it. (estimate)

47questions here

10free pages

11concepts

30–35%of the exam

Questions 21–25

21application · medium
A company receives a payment from a customer but the customer did not specify which invoice the payment is for. The accountant wants to register the payment and apply it later. What should the accountant do?
Select an answer first
22application · medium
A company has a general ledger account for fixed assets that is maintained in a foreign currency. At year-end, the accountant needs to revalue the balance of this account to reflect the current exchange rate. What should the accountant do?
Select an answer first
23application · medium
A company posted several general journal entries with incorrect dimension values. The accountant needs to correct the dimensions on the posted entries without reversing them. What should the accountant do?
Select an answer first
24foundation · easy
What is the primary purpose of the Bank Account Reconciliation page in Business Central?
Select an answer first
25foundation · easy
What is the purpose of the 'Adjust Exchange Rates' batch job in Business Central?
Select an answer first

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