Online Access Free MB6-700 Exam Questions

Which statement about the customer advance feature is true?

• A.The customer advance cannot be created once transactions have been posted to the project.
• B.The customer advance amount can be defined as a percentage of an existing invoice amount.
• C.The customer advance can be used to offset billable charges by using the invoice proposal process.
• D.The customer advance is created by using the payment journal.

What is the purpose of the estimate process for a fixed-price project?

• A.To adjust the forecast according to the actual project progress
• B.To periodically clear ledger postings after the project transactions are adjusted
• C.To create a new estimate for a fixed-price project
• D.To provide a snapshot of a project's finances at a single point in time

Which three actions are part of the basic setup for indirect costs? (Each correct answer presents part of the solution. Choose three.)

• A.Creating an indirect component
• B.Defining an indirect component category
• C.Setting up revenue accounts in the Project categories form
• D.Creating an indirect component group
• E.Setting up the cost accounts in the Project categories form

You use the progress billing rule to invoice a project. Which action can be performed automatically by Microsoft Dynamics AX?

• A.Determine the percentage of work completed by cost price
• B.Determine the chargeable categories based on the project budget
• C.Determine the total contract value
• D.Determine the percentage of work completed by hours

You need to configure worker validation project assignments to ensure that certain projects are available for a specific worker.
On which form should you configure this type of validation?

• A.Project
• B.Project contract
• C.Worker
• D.Project management and accounting parameters