A company implements Dynamics 365 Finance. Which two components can you use to create a financial dimension set? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
The Financial dimension sets feature in Dynamics AX 2012 (which is similar in concept to Dynamics 365 Finance) allows users to create financial dimension sets that include:
Financial dimensions (e.g., Department, Cost Center, Business Unit)
The Main Account (which is always included in financial dimension sets)
In Dynamics 365 Finance, Financial Dimension Sets are used to define reporting structures and enhance financial analysis. The two main components used to create a financial dimension set are
Financial dimensions are categories used to track transactions in more detail beyond just the main account.
Example: Departments, Cost Centers, Business Units, Projects, Locations.
These dimensions help in segregating financial data for better reporting and budgeting.
The Account Structure defines how financial dimensions relate to the Main Account and how they are validated in transactions.
It ensures that only valid combinations of accounts and financial dimensions are used in journal entries.
Example: A company may require all expenses to be recorded with a Department and Cost Center dimension.
This section is not available anymore. Please use the main Exam Page.MB-920 Exam Questions
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Haidardba
Highly Voted 3 years, 7 months agonilsson123
Most Recent 1 month, 3 weeks agopraera2000
2 months, 1 week agopraera2000
2 months, 1 week agoAdrienBnhm
5 months agoMatasa
1 year, 9 months ago