A company uses Microsoft Dynamics 365 Finance. You need to reclassify a fixed asset. Which three actions does the system perform when an asset is reclassified? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. The system will generate reclassification journals. B. The new books of the new fixed asset contain the date of the reclassification in the Acquisition date field. C. All books for the existing fixed asset are created for the new fixed asset. D. The existing fixed asset transactions for the original fixed asset are canceled and regenerated for the new fixed asset. E. The new fixed asset only cancels out possible depreciations because the reclassification date is filled in in the Acquisition date field. Â Suggested Answer: BCD This question is in MB-310 Microsoft Dynamics 365 Finance Exam For getting Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate Certificate Disclaimers: The website is not related to, affiliated with, endorsed or authorized by Microsoft. The website does not contain actual questions and answers from Microsoft's Certification Exams. Trademarks, certification & product names are used for reference only and belong to Microsoft.
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