ExamTopics Logo
Mail Us[email protected]
Menu
Microsoft Discussions
exam questions

Exam MB-800 All Questions

View all questions & answers for the MB-800 exam
Go to Exam

Exam MB-800 topic 2 question 17 discussion

Actual exam question from Microsoft's MB-800
Question #: 17
Topic #: 2
[All MB-800 Questions]

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.
Hot Area:

Show Suggested Answer Hide Answer
Suggested Answer:
by TeeJayH at June 30, 2021, 3:41 p.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Yugene
Highly Voted 3 years, 8 months ago
The correct answer is Expense, Income Statement and Direct Posting. The second option (Balance sheet) is wrong answer.
upvoted 50 times
...
icdennis
Highly Voted 3 years, 5 months ago
Seriously, who writes these answers? Expense is clearly not a Balance Sheet item.
upvoted 15 times
...
3e11d6a
Most Recent 12 months 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
...
ivanrlg
1 year, 11 months ago
The Answer is: Expense, Income Statement and Direct Posting.
upvoted 1 times
...
Nereluli
1 year, 11 months ago
lo que dijo yurene
upvoted 1 times
...
Nereluli
1 year, 11 months ago
la 2º debe ser cuenta de resultados
upvoted 1 times
...
NA1926
2 years ago
1a 2b 3a correct
upvoted 1 times
...
Ashok1108
2 years, 5 months ago
Should be income statement
upvoted 1 times
...
pjllaneras
2 years, 9 months ago
Expense, Income Statement and Direct Posting.
upvoted 2 times
...
desislava
3 years, 6 months ago
The correct answer is Expense
upvoted 1 times
...
manipa7el
3 years, 7 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
...
Tamms75
3 years, 8 months ago
Yugene is correct
upvoted 2 times
...
sunnybb269
3 years, 8 months ago
Kindly share the correct answers.
upvoted 1 times
AndriWianto
3 years, 4 months ago
The correct answer is Expense, Income Statement and Direct Posting. The second option (Balance sheet) is wrong answer.
upvoted 1 times
...
...
Taoz
3 years, 9 months ago
This is wrong
upvoted 1 times
...
nicbartie
3 years, 9 months ago
This must be wrong. Expense = Income Statement.
upvoted 3 times
...
SuzieQ
3 years, 10 months ago
That is not correct. Expenses are Income Statement - Accounting 101!
upvoted 3 times
...
TeeJayH
3 years, 10 months ago
Expenses are not Balance Sheet Accounts
upvoted 4 times
sunnybb269
3 years, 9 months ago
What should be the correct answer?
upvoted 2 times
manipa7el
3 years, 7 months ago
Income Statement
upvoted 3 times
...
...
...
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.

SaveCancel
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago