Your company uses Dynamics 365 Finance.
All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered, has the same service life, and uses the same depreciation deduction calculation.
You need to configure the system.
Which two parameters should you set up? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. depreciation convention

B. derived book

C. depreciation profile

D. fixed asset group








 

Suggested Answer: AD

Depreciation conventions are used to determine when and how depreciation is calculated for both the year when the fixed asset is acquired and the year when the fixed asset is disposed of.
Depreciation conventions can be assigned to the setup for a fixed asset group book.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/fixed-asset-depreciation-conventions

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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