Question 13 of 150 from exam MB-310: Microsoft Dynamics 365 Finance Functional Consultant

Question 13 of 150 from exam MB-310: Microsoft Dynamics 365 Finance Functional Consultant

Question

HOTSPOT - A client plans to use the cost accounting module in Dynamics 365 Finance.

You need to associate the correct definitions to the correct cost accounting concepts.

Which terms match the definitions? To answer, select the appropriate configuration in the answer area.

NOTE: Each correct selection is worth one point.

Hot Area:

Answer Area

Definition/use Cost accounting configuration
Used to measure and quantify activities, such as v
machine hours that are used. cost entry
cost object

cost element
allocation base

The result of a transfer via data connectors from v
general ledger entries, cost allocations, and posted rene
cost entries in cost journals. ‘cost element

cost classification
allocation base

Anything that is selected for cost control. Costs or Vv
revenues are either directly posted on or allocated cost entry
to these. cost object

cost element
allocation base

Used as a function to track and categorize costs. Vv
cost object

cost element
allocation base

[cost classification

Groups costs according to their shared v

characteristics. cost entry
cost element

allocation base
[cost classification

Explanations