Exam MB-310 topic 3 question 14 discussion

Actual exam question from Microsoft's MB-310

Question #: 14
Topic #: 3

You are configuring the Accounts payable module for a company.
The company needs to set a limit on the charges they will pay for specific items.
You need to set up the limit for charges.
Which two actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. Enable invoice matching validation in the Accounts payable parameters
B. Enter the maximum amount when you set up the charges code
C. Use budget control with the specified charges code
D. Set the maximum charge amount in the Accounts payable parameters
E. Define the maximum charge amount on the vendor record

Show Suggested Answer

Suggested Answer: AB 🗳️

by Juandres0705 at May 21, 2020, 2:22 p.m.

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DDV

Highly Voted 4 years ago

I think AB is correct.

upvoted 5 times

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globeearth

Most Recent 1 month, 3 weeks ago

Selected Answer: AB

A. Enable invoice matching validation: Go to Accounts payable > Setup > Accounts payable parameters > Invoice validation. Check Enable invoice matching validation. Configure charge tolerances (e.g., maximum percentage or amount variance) to limit charges on invoices compared to purchase orders. B. Set up the charges code: Go to Accounts payable > Charges setup > Charges code. Create a charges code and define the charge amount (e.g., fixed $50 for freight) for specific items or transactions. Optionally, use Automatic charges to apply the charges code to specific items, ensuring the defined amount acts as the limit when validated.

upvoted 1 times

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Milliongiz

7 months ago

B. Enter the maximum amount when you set up the charges code When setting up the charges code, you can specify the maximum amount for charges. This ensures that the charges associated with the specific items do not exceed the defined limit. D. Set the maximum charge amount in the Accounts payable parameters In the Accounts payable parameters, you can configure the maximum charge amount. This setting enforces a global limit on the charges that can be applied, providing an additional layer of control over expenses.

upvoted 1 times

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andstr

3 years ago

AB is correct "In the Maximum amount field, type the maximum amount that is allowed for this charges code. This field is used to validate charges for vendor invoices. You can enable the validation of charges in the Accounts payable parameters form. In the Invoice validation area, select the Enable invoice matching validation check box."

upvoted 2 times

H_Incandenza

2 years, 5 months ago

Appreciate the quote. In the future, it's helpful if you can add the URL. https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/create-charges-codes

upvoted 2 times

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sadiq_d365

3 years, 10 months ago

AB correct

upvoted 3 times

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Juandres0705

4 years, 7 months ago

B and D? Not sure how invoice matching has anything to do with charge limits?

upvoted 1 times

Juandres0705

4 years, 6 months ago

I stand corrected, it is A and B: http://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/create-charges-codes

upvoted 9 times

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