MB3-207 Exam

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Exam : MBS MB3-207
Title : Great Plains 8.0 Project Management&Accounting


1. Labels for User Defined fields in the Project Setup - Label Options window are displayed in which of the following windows?
A. Inquiry windows
B. Master record windows
C. Transaction entry windows
D. They are not displayed unless added with Modifier.
Answer: B

2. How could you configure PA Purchasing Invoice setup to prevent the receiving of Purchase Orders at a cost other than what was listed on the original purchase order?
A. 0% Variance from PO Unit Cost and unmark the option to Allow receiving of unprinted PO.
B. 0% Variance from PO Unit Cost and unmark the option to Exceed Total Budget Cost.
C. 0% Variance from PO Unit Cost and unmark the option to Exceed PO Unit Cost.
D. There is no option available to prevent receipt of items at a cost other than the purchase cost.
Answer: C

3. Which of the following statements best describe the information used to create a Position Rate Table?
A. Each position can only be assigned to one profit type.
B. Each position can be used with multiple profit types.
C. Each position must be assigned to an employee and a profit type.
D. Each position may only be assigned to one employee and profit type.
Answer: B

4. User setup options in Project Accounting may be used to restrict changes to the following information during cost or billing transaction entry?
A. Billing rate
B. Billing Type
C. Project Type
D. Billing Cycle ID
Answer: AB

5. When a new employee is added to the system, which type of information is automatically updated for any established Employee Rate Table?
A. No data is updated
B. Profit type
C. Profit percentage
D. Hourly rate and overhead
Answer: A

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