MB4-218 Exam

Quality and Value for the MB4-218 Exam

just4study Practice Exams for Microsoft MB4-218 are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development.

100% Guarantee to Pass Your MB4-218 Exam

If you prepare for the exam using our just4study testing engine, we guarantee your success in the first attempt. If you do not pass the Microsoft Business Solutions MB4-218 exam (Solomon 6.0 Project Management & Accounting) on your first attempt we will give you a FULL REFUND of your purchasing fee AND send you another same value product for free.

Microsoft MB4-218 Exams (in EXE format)

Our Exam MB4-218 Preparation Material provides you everything you will need to take your MB4-218 Exam. The MB4-218 Exam details are researched and produced by Professional Certification Experts who are constantly using industry experience to produce precise, and logical. You may get questions from different web sites or books, but logic is the key. Our Product will help you not only pass in the first try, but also save your valuable time.

MB4-218 Downloadable, Interactive Testing engines

We are all well aware that a major problem in the IT industry is that there is a lack of quality study materials. Our Exam Preparation Material provides you everything you will need to take a certification examination. Like actual certification exams, our Practice Tests are in multiple-choice (MCQs) Our Microsoft MB4-218 Exam will provide you with exam questions with verified answers that reflect the actual exam. These questions and answers provide you with the experience of taking the actual test. High quality and Value for the MB4-218 Exam:100% Guarantee to Pass Your Microsoft Business Solutions exam and get your Microsoft Business Solutions Certification.
Exam : MBS MB4-218
Title : Solomon 6.0 Project Management&Accounting


1. What wildcard is available for Revenue Recognition General Ledger subaccount postings?
A. p - Project Subaccount
B. e - Employee Subaccount
C. b - Billing Project Subaccount
D. t - Task Subaccount
Answer: A

2. For any project related transaction to be eligible for transfer to a project via the Financial Transaction Transfer process the status must be?
A. Released
B. Posted
C. Balanced
D. In Process
Answer: A

3. A project is set up in October of 2001, and costs and billings are generated. The Year-End Close process is run in Project Controller for 2001. If the Project Profitability Report is run in January of 2002, the PTD and YTD amounts are equal. What happened?
A. The Year- End Close function processed incorrectly. Re-run Year- End Close to correct the issue.
B. The contract type was defined incorrectly in Project Maintenance. Selecting the correct contract type will change the PTD
amounts.
C. There are no transactions for January 2002. Once transactions are entered, the PTD and YTD balances will be different.
D. The project is not set up to carry a balance forward at year-end. Check the box in Project Maintenance and re-run
Year-End Close.
Answer: D

4. When the Revenue Tab in Project Controller is configured for Revenue Recognition to post to evenue? how is the general ledger account selected during the posting process?
A. In the following order: First, from the Task Maintenance screen. If no account is defined, then from the Project Maintenance
screen and lastly from the Project Controller Setup screen (Revenue Setup Tab).
B. From the project or task, depending on the Percent Complete and Revenue Recognition Setup screen options. If none is
defined there, then the Project Controller Revenue Setup Revenue GL Acct is used.
C. From the GL account that is linked to the Revenue Account Category.
D. Only from the Revenue Tab of Project Controller Setup.
Answer: B

5. The Revenue Recognition process is run in Final mode on May 25. On May 31, the Revenue Recognition process is run again before month end closing. If a project was 80% complete on May 25 and due to additional reclassification expenses posted to the project it is now 75% completed, what postings will be made by Revenue Recognition?
A. The 5% decrease will be posted to the project and general ledger.
B. Nothing: Revenue Recognition can only be run in Final mode once each period.
C. A manual entry to the project and general ledger is required.
D. The original posting will be deleted and a new posting generated for both the project and general ledger.
Answer: A

http://www.Just4study.com The safer.easier way to get Microsoft Business Solutions Certification.