HOTSPOT -
You need to ensure Trey Research meets the compliance requirement.
Which budget technology should you implement? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. the Excel budget template

B. budget codes

C. budgeting workflows

D. set-based budget processing








 

Suggested Answer: BC

Compliance and compensation -
Trey Research must be able to audit any modifications to its budget.
Humongous Insurance employees must receive raises four times per budget cycle.
Use the Budget codes form to set up budget codes for budget register entries. You can use budget codes to categorize budget types.
Budget codes let you have an audit trail of approved budget modifications throughout the course of the budget cycle.
If a workflow is associated with a budget code, the workflow will be enabled for all budget register entries that use that budget code, and workflow steps must be completed before the budget register entry can reach the Completed stage.
Note: C: Budget planning workflows ג€" Budget planning workflows consist of and define budget planning stages. Budget planning workflows are associated with budgeting workflows. Budgeting workflows are the automated and manual processes that move budget plans through the budget planning stages.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-planning-overview-configuration
 https://docs.microsoft.com/en-us/dynamicsax-2012//budget-codes-form?redirectedfrom=MSDN

This question is in MB-310 Microsoft Dynamics 365 Finance Exam
For getting Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate Certificate



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