Microsoft mb3-528 Real Exam Questions

GP 10.0 Financials

This certification exam measures your ability to do the following:

  • Understand and articulate how to set up and use the Microsoft Dynamics GP Financial modules effectively, and employ the terms used in the application to adequately convey solutions to other users.

1: The Vice President of Sales is proposing to change the account format so sales can be tracked more precisely. Assuming the account framework was set to the maximums allowed in Microsoft Dynamics GP for account length and segments, which of the following statements are true about changing the account format? Choose the 2 that apply.
A.The account format length can be changed from 10 characters to 11 characters.
B.Changes can be made to the account format before the chart of accounts has been entered.
C.The account format can be shortened from 9 characters to 6 characters after the chart of accounts has been entered.
D.After Microsoft Dynamics GP is installed, changes cannot be made to the account format.
Correct Answers: A B

2: Which of the following are differences when posting to General Ledger versus posting Through General Ledger Files?  Choose the 2 that apply.
A.When posting to General Ledger, a password is required.
B.When updating beginning balances in subsidiary ledgers, batches can be deleted in General Ledger.
C.It is a one-step process to post from the subsidiary ledger and update the account balance.
D.Changes can be made to the batch in General Ledger before updating the account balances.
Correct Answers: B D

3: The Accounting Manager has set up users, security tasks and security roles. How are these used in Microsoft Dynamics GP?
A.Users are assigned to security tasks, security tasks are assigned to security roles.
B.Security roles are assigned to security tasks, security tasks are assigned to users.
C.Security tasks are assigned to security roles, security roles are assigned to users.
D.Users are assigned to security roles, security roles are assigned to security tasks
Correct Answers: C

4: Which date is used as the posting date in General Ledger if a batch of transactions is posted in summary from a subsidiary ledger in Microsoft Dynamics?GP?
A.User Date
B.Due Date
C.Batch Date
D.Transaction Date
Correct Answers: C

5: Which of these statements are true about users that are set up in Microsoft Dynamics GP?  Choose the 2 that apply.

A.Users can be granted access to more than one company
B.Users can set their own display settings in User Preferences
C.Users can only be deleted in SQL, not Microsoft Dynamics GP
D.Users must be assigned to a class
Correct Answers: A B

6: What function provides an option to designate a default printer for a specific task such as printing payables checks?
A.Windows Print Setup
B.Named Printers
C.Process Server
D.Activity Tracking
Correct Answers: B

7: Which setup option is not company specific in Microsoft Dynamics GP?
A.Activating security
B.Defining an account format
C.Setting up user classes
D.Setting up payment terms
Correct Answers: C

8: If ‘Post through General Ledger’ is selected in Posting Setup for Payables Management transactions, what happens to a voucher that is posted in a batch in Payables Management?
A.The transaction only updates Payables Management.
B.The transaction is sent to General Ledger without updating Payables Management.
C.The transaction updates Payables Management and General Ledger after it is posted in Payables Management.
D.The transaction updates Payables Management and is sent to a General Ledger batch where it needs to be posted.
Correct Answers: C

9: The Controller wants the ability to reprint posting journals for auditing purposes. Where must the Controller go to select the option to have the ability to reprint posting journals in Microsoft Dynamics GP?
A.Posting Setup window
B.Audit Trail Codes Setup window
C.Posting Journal Setup window
D.Batch Entry window
Correct Answers: B

10: Edit lists can be printed from which of the following windows in Microsoft Dynamics GP?  Choose the 2 that apply.

A.Batch Entry windows
B.Master Posting window
C.Transaction Entry windows
D.Series Posting windows
Correct Answers: A C

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