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Free MB6-823 Exam Preparation Questions Exam MB6-823: AX 2009 Project Series
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Question:1 You work in an International company which is called Taskeen, and you're in charge of the network. Now one of your colleagues asks for your help, he has no idea about in the options below, which is a characteristic of the assessment principle Completed contract. So what's your answer? A. During the project, costs can be recognized in the profit and loss without using WIP. B. An accurate measure of contribution margin is recognized at the end of the project. C. An accurate measure of contribution margin is recognized at the end of every control period. D. The contribution margin is recognized every ledger period regardless of actual invoicing. Answer: B Question:2 You work in an International company which is called Taskeen, and you're in charge of the network. Now one of your colleagues asks for your help, he has no idea about in the options below, which determines the time interval for calculating estimates. So what's your answer? A. The ledger period set up in General ledger. B. A period code set up on the estimate project. C. A manual time entry when you run the estimates. D. A period code set up on the main fixed-price project. Answer: B Question:3 You work in an International company which is called Taskeen, and you're in charge of the network. Now one of your colleagues asks for your help, he has no idea about in theoptions below, which is a prerequisite for running the Estimate process on a project. So what's your answer? A. The project is a time and material project. B. The project has a reference to an estimate project. C. The invoice project has a reference to an item tax group. D. The project is in a project group referencing an estimate project. Question:4 You work in an International company which is called Taskeen, and you work as a project manager. Now you have to capitalize all the costs associated with the project into a fixed asset. How is this accomplished? A. It has to be done with a manual journal entry. This cannot be done in the project module B. Once the project is finished, use the Capitalize Cost script to move the project costs to a fixed asset. C. The project must be created as an investment project and the estimate needs to be set to eliminate to a fixed asset. D. The project must be created as an investment project and the estimate needs to be set to eliminate to a ledger account. The ledger account must be set to the same account used to manage fixed assets. Answer: C Question:5 You work in an International company which is called Taskeen, and you're in charge of the network. Now one of your colleagues asks for your help, he has no idea about what three internal project types in Microsoft Dynamics AX 2009 are. So what's your answer? A. Cost, Time, Revenue B. Cost, Time, Investment C. Fixed-Price, Time and Material, Estimate D. Sales, Product Development, Research and Development Answer: B Question:6
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You work in an International company which is called Taskeen, and you're in charge of the network. Now one of your colleagues asks for your help, he has no idea about in theoptions below, which describes what happens during the elimination process on fixed price projects. So what's your answer? A. Previous accruals are reversed before you post new WIP. B. Incorrectly estimated lines are removed before you update. C. All previous estimate lines are removed before you create the new estimate lines. D. Costs and revenue are recognized by moving the estimated amounts from balance accounts to profit and loss. Answer: D
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