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WorksheetsMB 800 - Business central - Shilpa
Total questions: 25
Worksheet time: 13mins
A company is implementing Business Central and wants to configure a new company quickly with pre-defined settings. Which feature should they use?
A. Assisted Setup
B. RapidStart Services
C. Manual Data Entry
D. Data Import via Excel
A retail company using Business Central wants to ensure that transactions are posted to the correct financial periods. How can they achieve this?
Enable Account Schedules
Set Up General Ledger Posting Groups
Define Allow Posting From and Allow Posting To Dates
Configure Posting Rules in Chart of Accounts
A company wants to automatically calculate discounts for bulk purchases while processing purchase orders in Business Central. Which feature should they configure?
A. Vendor Posting Groups
B. Purchase Line Discounts
C. Payment Terms
D. Blanket Purchase Orders
Your company wants to fulfill a large customer order but has insufficient inventory. What is the best approach to handle this in Business Central?
A. Create a Transfer Order
B. Use Drop Shipment Functionality
C. Backorder the Items
D. Increase the Reorder Point
A company wants to use Business Central for managing multiple entities within the same organization. What should they configure?
A. Dimensions
B. Intercompany Posting
C. Consolidation Company
D. Chart of Accounts Mapping
A company wants to analyze financial data in multiple ways without creating extra general ledger accounts. What feature should they use?
A. Cost Accounting
B. Account Schedules
C. Dimensions
D. Financial Reporting Extension
A customer places an order, but they want to receive multiple deliveries over a period. Which Business Central feature helps manage this?
A. Blanket Sales Order
B. Partial Invoice
C. Sales Return Order
D. Recurring Sales Order
A sales manager wants to track and analyze interactions with customers directly within Business Central. Which feature should they use?
A. Sales Orders
B. CRM Integration
C. Contact Management
D. Customer Ledger Entries
A business wants to automate the replenishment process for items with fluctuating demand. Which Business Central feature should they use?
A. Assembly Management
B. Minimum Stock Level
C. Requisition Worksheet
D. Purchase Order Approval Workflow
A finance manager wants to reconcile bank transactions automatically with Business Central. What should they configure?
A. Manual Journal Entries
B. Bank Statement Import
C. Payment Reconciliation Journal
D. Customer Payment Registration
Your company is expanding internationally and wants to configure Business Central to handle multiple currencies, ensuring that sales and purchase transactions reflect real-time exchange rates. How should they achieve this?
A. Manually update currency rates daily
B. Enable the Currency Exchange Rate Service
C. Create different General Ledger Accounts for each currency
D. Use Financial Dimensions to track currency variations
Your company receives an invoice from a vendor, but due to incorrect pricing, the invoice needs to be revised before payment. How should you handle this in Business Central?
A. Delete the invoice and create a new one
B. Post the incorrect invoice and issue a credit memo later
C. Use the Correct function in Purchase Invoice before posting
D. Adjust the price manually in General Ledger Entries
A company wants to track special pricing for customers based on quantity purchased and seasonal discounts. How can this be configured in Business Central?
A. Use Sales Price Lists
B. Apply Discounts Manually in Sales Order
C. Set up Customer Groups and assign them Discounts
D. Configure Campaign Pricing
A company wants to restrict access to certain financial reports to only the finance department while allowing sales teams to generate revenue reports. What feature should they use?
A. User Permission Sets
B. Role-Based Access Control (RBAC)
C. Report Visibility Settings
D. Financial Workflow Restrictions
A company wants to track expenses by department and project but does not want to create separate accounts for each category in the Chart of Accounts. What should they use?
A. General Ledger Posting Groups
B. Dimensions
C. Cost Accounting Codes
D. Intercompany Posting
Your company accidentally posted a large incorrect journal entry. You need to correct it while maintaining an audit trail. What is the best way to fix this?
A. Manually adjust the accounts with a reversing entry
B. Use the Reverse function in General Ledger Entries
C. Delete the journal entry and re-enter it correctly
D. Post a zero-value adjusting entry
A customer places a large order, but your company only has partial stock available. They agree to receive items in multiple shipments. What is the best way to process this in Business Central?
A. Create multiple separate Sales Orders
B. Use the Partial Shipment function on the Sales Order
C. Issue a Backorder and process it later
D. Modify the Sales Order once stock becomes available
A company wants to automate sending monthly invoices for a recurring subscription service. What is the best approach in Business Central?
A. Use Recurring Sales Lines in Sales Orders
B. Set up a Monthly Sales Invoice Workflow
C. Manually copy previous invoices each month
D. Use a third-party integration for automation
A company needs to split its bank payments into multiple cost centers automatically based on predefined percentages. How should they configure this?
A. Use Bank Account Mapping
B. Configure Payment Allocation in General Ledger
C. Define Prepayment Invoices
D. Use Allocation Dimensions in Payment Journals
A company wants to prevent users from posting financial transactions to closed periods while still allowing them to view historical data. What should they do?
A. Restrict Access to General Ledger Entries
B. Use the Posting Date Restrictions in General Ledger Setup
C. Implement Role-Based Access Control (RBAC)
D. Enable Read-Only Mode for Previous Periods
Your company operates in multiple countries, each with different taxation and reporting requirements. The CFO wants a consolidated financial view without losing regional compliance. What is the best way to configure Business Central?
A. Create separate Business Central tenants for each country and manually consolidate reports
B. Use Intercompany Postings with individual local companies within the same tenant
C. Enable Consolidation Company and map each subsidiary’s Chart of Accounts
D. Set up Multiple Posting Groups and adjust tax configurations per country
A finance manager accidentally posted depreciation entries using an incorrect depreciation book. The accountant needs to reverse and reapply the correct depreciation method. What should they do?
A. Reverse the Fixed Asset Ledger Entry and recalculate depreciation manually
B. Use the Cancel Entry function in the General Journal
C. Delete the incorrect depreciation book and create a new one
D. Adjust the Accumulated Depreciation Account directly in the General Ledger
A customer disputes an invoice due to incorrect payment terms. The sales team discovers that an outdated payment term was applied. The invoice has already been posted but is unpaid. What is the best corrective action?
A. Cancel the invoice and create a new one
B. Issue a credit memo and reissue the invoice with correct payment terms
C. Manually adjust the payment terms on the posted invoice
D. Ask the customer to pay under the incorrect terms and issue a refund later
A logistics company processes hundreds of shipments daily. The operations manager wants real-time updates on inventory levels after each shipment. What is the most efficient configuration?
A. Use Reservation Entries to lock stock for shipments
B. Enable Automatic Cost Posting and set Inventory Posting Setup for immediate updates
C. Create a custom Power Automate flow for inventory updates
D. Require manual approval for every shipment to validate stock adjustments
A company incorrectly recorded VAT transactions on purchase invoices. They now need to adjust VAT while keeping the original transactions intact for auditing. What is the best method?
A. Reverse the purchase invoice and re-enter it with correct VAT
B. Use the VAT Adjustment Journal to correct the VAT entries
C. Modify the VAT Business Posting Group and repost the transaction
D. Adjust the VAT directly in the General Ledger VAT Account
