Mar 2016 updated: Testking Microsoft MB6-700 vce 1-16

Question No. 1

Which three fields are specified when configuring a project contract? (Each correct answerpresents part of the solution. Choose three.) 

A. Invoice frequency 

B. Line property 

C. Project type 

D. Sales currency 

E. Sales tax group 

Answer: ADE 


Question No. 2

You need to recognize revenue as project costs are posted. Which type of project should you use? 

A. fixed-price project with completed percentage and production plus profit 

B. time and material project with work in process (WIP) 

C. time and material project with accruals 

D. fixed-price project with completed percentage and sales value 

E. internal project with work in process (WIP) 

Answer:


Question No. 3

You set up an effective labor rate for a worker. The hourly cost price is 60 USD. 40 hours are available in the work week calendar. The worker submits only 30 hours for the week. What is the effective labor rate that is calculated for this worker? 

A. (30*40)/60 = 20 

B. (30/40)*60 = 45 

C. (60*30)/40 = 45 

D. (60*40)/30 = 80 

Answer:


Question No. 4

Which two statements about a header project are true? (Each correct answer presents a complete solution. Choose two.) 

A. Transactions cannot be posted to a header project. 

B. A header project is designated by the Project group field. 

C. Each level of a project hierarchy can have only one project header. 

D. A header project must be created at the top level of a hierarchy. 

Answer: AD 


Question No. 5

Which three items are valid base amount options when defining compounding rules for an indirect cost calculation? (Each correct answer presents part of the solution. Choose three.) 

A. Cost 

B. Revenue 

C. Invoice 

D. Unit rate 

E. Percent 

Answer: ABE 


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Question No. 6

Which activity is enabled by configuring the project sort fields? 

A. replacing the cost categories 

B. substituting for a subproject 

C. analyzing project profitability 

D. allocating expenses related to the project 

Answer:


Question No. 7

You assign resources to a project quotation with a work breakdown structure. Competencies are used to determine which resources are appropriate for assignment. On which entity are competencies set? 

A. role 

B. position 

C. user 

D. worker 

Answer:


Question No. 8

You need to change the project sales tax group for a posted expense transaction on a fixed-price project. Which two statements are true? (Each correct answer presents part of the solution. Choose two.) 

A. You can change the project sales tax group without affecting the invoice amount. 

B. You can change the project sales tax group only after canceling the invoice proposal. 

C. You can change the project sales tax group only if the transaction has not been included in the project estimate. 

D. The change can impact the invoice amount if you use a project sales tax group which has a different project sales tax. 

Answer: AC 


Question No. 9

What is the purpose of the My Delegates feature? 

A. to designate a linked worker in another legal entity 

B. to designate multiple workers assigned to the same timesheet 

C. to designate a worker who may approve a timesheet on a worker’s behalf 

D. to designate a worker who may submit a timesheet on a worker’s behalf 

Answer:


Question No. 10

You generate project quotation lines based on a work breakdown structure. Which event occurs when a quotation line is modified? 

A. A new work breakdown structure is created. 

B. The link to the work breakdown structure is removed. 

C. The work breakdown structure is updated. 

D. Modifications to a quotation line generated from a work breakdown structure are not permitted. 

Answer:


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Question No. 11

You configure a timesheet workflow. What is the Assignment function used to define? 

A. conditions for approval of the timesheet 

B. notifications after approval of a timesheet 

C. submitters of the timesheet 

D. reviewers of the timesheet 

Answer:


Question No. 12

You create a project purchase order with both pay-when-paid (PWP) and customer retention terms enabled. The PWP threshold percentage is defined as 70% for the vendor. The customer retention term, each time the customer is invoiced, is 25% of the invoice amount. You invoice the customer for 90, 000 USD. What is the minimum amount that you need to receive from the customer so that you can pay the vendor? 

A. 22, 500 USD 

B. 67, 500 USD 

C. 63, 000 USD 

D. 40, 500 USD 

Answer:


Question No. 13

You are planning to install a Microsoft Dynamics NAV client by using Group Policy. Which two statements are correct about the Software Distribution Point (SDP)? (Each correct answer presents a complete solution. Choose two.) 

A. The folder that is used as the SDP must be located on the Microsoft Dynamics NAV Server. 

B. The folder that is used as the SDP may only contain .MSI files. 

C. Users must have Read access on the folder that is used as the SDP. 

D. Administrators must have sufficient permissions on the folder that is used as the SDP to change the package files. 

Answer: CD 


Question No. 14

You set up project management and accounting. You need to represent the types of costs and revenues that are defined for all projects in your entire organization. Which item should you create to organize categories? 

A. shared category 

B. expense category 

C. project category 

D. category group 

Answer:


Question No. 15

You set up a billing rule. Which line type option for the billing rule allows you to include or exclude indirect costs? 

A. fee 

B. milestone 

C. progress 

D. time and material 

E. unit of delivery 

Answer:


Question No. 16

You set up three pay-when-paid (PWP) terms and assign them to the vendors for a project. For the first PWP term, you set the account code for all vendors (All). For the second PWP term, you set the account code for an individual vendor (Table). For the third PWP term, you set the account code for a group of vendors (Group). What is the order of precedence for assigning the PWP terms when you create a project purchase order? 

A. Table, All, Group 

B. All, Group, Table 

C. Table, Group, All 

D. All, Table, Group 

Answer: