pass4sure microsoft MB5-554 v2.83

Small Business Financials 9.0 : MB5-554 Exam Number/Code: MB5-554
Exam Name: Small Business Financials 9.0
VUE Code: SBF 90-554
Questions Type: Multiple choice,
Real Exam Question Numbers: 60 questions
Passing Scores: 80%
Exam Language(s): English

“Small Business Financials 9.0?, also known as MB5-554 exam, is a Microsoft certification.
Preparing for the MB5-554 exam? Searching MB5-554 Test Questions, MB5-554 Practice Exam, MB5-554 Dumps?

With the complete collection of questions and answers, Pass4sure has assembled to take you through 181 Q&A to your MB5-554 Exam preparation. In the MB5-554 exam resources, you will cover every field and category in Microsoft Business Solutions helping to ready you for your successful Microsoft Certification.
Exam topics covered
The following list includes the topic areas covered on this exam.

• System and Company (10 questions)
Shortcut Bar, Tool Bar, and Menu Bar Options
System-Wide Features and Basic Installation Information
System and Company Setups
Backup/Restore Functions
Transaction Setup
Account Format Options

• Accounting (10 questions)
Transaction Setup for Accounting (General Ledger)
Setting Up and Maintaining the Chart of Accounts
Entering and Posting Transactions/Batches
Reports, History, and Reconcile Function
Period and Year-End Procedures/Processes
Quick Journals and Financial Reports

• Banking (10 questions)
Setting Up Checkbooks
Entering Bank Transactions
Deposits
Reconcile Process
Banking Integration Within Microsoft Business Solutions Small Business Financials
Bank Transfers

• Purchasing (10 questions)
Transaction Setup for Purchasing
Setting Up and Maintaining Vendors
Entering and Posting Transactions/Batches
Voids and Applying Transactions
Manual and Computer Check Processing
Period and Year-End Procedures/Processes

• Sales (10 questions)
Transaction Setup for Sales
Setting Up and Maintaining Customers
Entering and Posting Transactions/Batches
Applying, Editing, and Voiding Transactions
Month-End Procedures
Year-End Procedures

• Inventory (10 questions)
Transaction Setup for Inventory
Setting Up and Maintaining Items
Item Adjustment Entry and Build Assemblies
Serial and Lot Items
Cost Methods and Item Types
Period/Year-End Procedures

Audience profile
Individuals who want to obtain a certification on Microsoft Business Solutions Small Business Financials 9.0 should take this exam.

Credit toward certification
When you pass this exam, you earn credit toward the following certifications:

• Microsoft Certified Business Management Solutions Specialist
Preparation tools and resources
In addition to your hands-on experience working with the product, we highly recommend that you use the following tools and training to help you prepare for this exam.

E-Learning courses for this exam

• Collection 8693: Microsoft Business Solutions Small Business Financials 9.0

Training materials for this exam
Training materials for Microsoft Dynamics can be ordered through your local partner.

• Microsoft Business Solutions Small Business Financials – Business Suite

Supplemental learning resources

• Printable manuals are available from the Help menu within the Microsoft Business Solutions Small Business Financials 9.0 product

Additional skills recommended

• Understand and articulate the setup and effective use of the Financials application in Microsoft Business Solutions Small Business Financials 9.0.

Microsoft online resources

• MSDN: The Microsoft Developer Network (MSDN) is a reference for developers that features code samples, technical articles, newsgroups, chats, and more.

• Training and certification newsgroups: There is a newsgroup for every Microsoft certification. By participating in the ongoing dialogue, you take advantage of a unique opportunity to exchange ideas with and ask questions of others, including more than 750 Microsoft Most Valuable Professionals (MVPs) worldwide.

Skills being measured
This certification exam measures your ability to do the following:

• Understand and articulate the setup and effective use of the Financials application in Microsoft Business Solutions Small Business Financials 9.0.

Exam specifics
Time requirements and questions

• 90 minutes to complete the exam

• 60 questions, with a passing rate of 80 percent

• Multiple choice and multiple answer questions

Registration

• Register now (Prometric.com)
Question: 1
What is the maximum number of account segments allowed in Microsoft Small Business
Financials?

A – 1
B – 2
C – 5
D – 10
Answer: C Question: 2
What is the maximum account length allowed in Microsoft Small Business Financials?

A – 5
B – 10
C – 20
D – 25
Answer: D Question: 3
Which of the following file formats are available to save a report to in Microsoft Small Business
Financials? Choose the 3 that apply.

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A – HTML B – DIF
C – Comma Delimited
D – Text
Answer: A, C, D Question: 4
What is the maximum number of fiscal periods you can have in a fiscal year in Microsoft Small
Business Financials?

A – 12
B – 13
C – 24
D – 367
Answer: B Question: 5
Where can integration to MapPoint are activated in Microsoft Small Business Financials?

A – Company Setup
B – User Preferences C – Transaction Setup D – Process Monitor

Answer: B Question: 6

Where can you remove a “stranded’ user from the system in Microsoft Small Business
Financials?

A – Security’ Setup
B – Company Setup
C – User Activity
D – User Preferences
Answer: C Question: 7
What is the maximum number of companies that can be set up in Microsoft Small Business
Financials?

A – 1
B – 3
C – 5
D – Unlimited
Answer: D Question: 8
Where are the “built in” backup and restore functions located in Small Business Financials?

A – Setup on the Menu Bar
B – File on the Menu Bar
C – Posting on the Tool Bar
D – There isn’t a “built in” backup or restore function
Answer: B Question: 9
Which of the following statements are true about the Notes feature? Choose the 2 that apply.

A – Notes can be attached to windows
B – Notes cannot be changed once entered
C – Notes can be attached to individual vendors and customers
D – Notes are only available if the feature is turned on in company setup
Answer: A, C Question: 10
What is the maximum number or licensed concurrent users you can have in Microsoft Small
Business Financials?

A – 1
B – 2
C – 5
D – 10
Answer: D Question: 11
What determines whether an account will be closed at year-end to the retained earnings account,
or its balance is carried forward into the next fiscal year as a beginning balance?

A – Financial Statement Category
B – Posting Type
C – Typical Balance
D – Account Number
Answer: B Question: 12
What application has a seamless link to import budget information into Microsoft Small Business
Financials?

A – Microsoft Excel B – Microsoft Word C – Lotus Notes
D – Quicken
Answer: A Question: 13
Which of the following statements are true about the year-end closing function for general ledger accounts? Choose the 2 that apply.

A – The account balances for balance sheet accounts are carried forward as beginning balances for the new fiscal year
B – The account balances for balance sheet accounts are closed to retained earnings
C – The account balances for profit and loss accounts are closed to retained earnings
D – It automatically creates a new fiscal year to carry beginning balances forward
Answer: A, C Question: 14
What function should be used to enter recurring transactions where account numbers are consistently the same, but the amounts change each time the transaction needs to be posted?

A – Batch Entry
B – Detail Inquiry
C – Journal Entry
D – Quick Journal Entry
Answer: D Question: 15
How do Fixed Allocation accounts distribute posted amounts to distribution accounts?

A – By percentages entered in setup
B – Based on other posting account balances
C – Evenly between each distribution account entered
D – Ten percent to each distribution account listed
Answer: A Question: 16
Which of the following situations could possibly be remedied by running the reconcile utility in
Accounting?

pass4sure MB5-554

Questions and Answers : 181 Q&A
Updated: 2008-3-15
Market Price: $159.99
Member Price: $125.99

MBS [ MB5-554 ]Financials 9.0 Financials is one of the newest released exams for Microsoft Business Solutions Certificates. MB5-554 Pass4sure build the questions pool immediately after got the news from Microsoft Business Solutions provider, so candicates will get the latest material for preparing this exam from pass4sure. The candidate who successfully passed this exam indicates that he has mastered the knowledge and skills of Financials 9.0 Financials.

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