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Exam MB-800 All Questions

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Exam MB-800 topic 1 question 42 discussion

Actual exam question from Microsoft's MB-800
Question #: 42
Topic #: 1
[All MB-800 Questions]

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A company uses Dynamics 365 Business Central.

The company plans to implement a cash receipt journal batch based on the following requirements:

• The cash receipt journal batch must use a bank account by default.
• The cash receipt customer payments must be archived automatically in the posted journals.

The company uses the accrual basis for accounting.

You need to configure the cash receipt journal batch.

Which options 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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Elmar31
Highly Voted 1 year, 3 months ago
answer is correct reason: the realy important part of the text is "accrual basis for accounting" that is not done in the banking account balacing. Bank account only gets involved AFTER the accrual account has been done. And that is done in the G/L. The only question is why anyone would use this type of accounting for day to day money business transactions.
upvoted 16 times
alsa23
1 year, 2 months ago
I agree with this statement
upvoted 2 times
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rolflemans
Highly Voted 1 year, 7 months ago
Surely you should select Bank Account under Bal. Account Type, or am i crazy?
upvoted 10 times
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lord_mufi
Most Recent 3 months, 1 week ago
The requirement from the question specifically said "The cash receipt journal batch must use a bank account by default". The corrects answers are a. Bank Account under Bal. Account Type b. Copy to Post Jnl. Line
upvoted 2 times
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adriankohws
4 months, 3 weeks ago
The point is, if I wish not to pay my vendor and make accurals, I understand, what the question meant by accurals on receipts? So I credit my customer, I debit G/L account to Accurals? Accurals from customer, than I just didn't receive payment, what is the difference for the figure to sit inside Trade Debtors and Accurals(with Debit Balance)???
upvoted 1 times
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AnnaNansinza123
1 year, 4 months ago
ehh these wrong answers are numerous. Are they ever corrected? Bank acc under bal. a/c type is surely the right answer.
upvoted 2 times
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Nereluli
1 year, 5 months ago
1a 2b correcto
upvoted 1 times
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NA1926
1 year, 6 months ago
1a 2b correct
upvoted 3 times
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Jruizsocolado
1 year, 7 months ago
Bank Account under Bal. Account Type
upvoted 4 times
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