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Exam MB-800 topic 2 question 17 discussion

Actual exam question from Microsoft's MB-800

Question #: 17
Topic #: 2

HOTSPOT -
You are implementing Dynamics 365 Business Central.
You are creating an expense account for office supplies in the chart of accounts. The account may be used for purchase invoice transactions as well as general journal transactions.
You need to configure the remaining options for the account.
Which values should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
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by TeeJayH at June 30, 2021, 3:41 p.m.

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Yugene

Highly Voted 3 years, 9 months ago

The correct answer is Expense, Income Statement and Direct Posting. The second option (Balance sheet) is wrong answer.

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icdennis

Highly Voted 3 years, 6 months ago

Seriously, who writes these answers? Expense is clearly not a Balance Sheet item.

upvoted 15 times

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3e11d6a

Most Recent 1 year, 1 month ago

I think the answer of 'Balance Sheet' is correct, as the object is 'office supplies': The Balance Sheet report displays assets, liabilities, and equity. The Income Statement report displays income and expenses. Ref: https://learn.microsoft.com/en-us/training/modules/chart-accounts-dynamics-365-business-central/2-categories https://learn.microsoft.com/en-us/dynamics365/business-central/localfunctionality/sweden/how-to-print-balance-sheet-and-income-statement-reports

upvoted 2 times

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ivanrlg

2 years ago

The Answer is: Expense, Income Statement and Direct Posting.

upvoted 1 times

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Nereluli

2 years ago

lo que dijo yurene

upvoted 1 times

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Nereluli

2 years, 1 month ago

la 2º debe ser cuenta de resultados

upvoted 1 times

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NA1926

2 years, 2 months ago

1a 2b 3a correct

upvoted 1 times

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Ashok1108

2 years, 6 months ago

Should be income statement

upvoted 1 times

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pjllaneras

2 years, 10 months ago

Expense, Income Statement and Direct Posting.

upvoted 2 times

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desislava

3 years, 8 months ago

The correct answer is Expense

upvoted 1 times

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manipa7el

3 years, 9 months ago

Agree with what everyone is saying. The answer provided is contradictory. You cannot say that something is an expense and belongs on the Balance Sheet (the balance sheet shows your assets, liabilities and equity). Revenue and expenses belong on the Income Statement.

upvoted 3 times

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