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MB5-554 PDF DEMO:
QUESTION NO: 1
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
Correct:A C
QUESTION NO: 2
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
Correct:B
QUESTION NO: 3
What is the maximum number of licensed concurrent users you can have in Microsoft Small
Business Financials?
A.1
B.2
C.5
D.10
Correct:D
QUESTION NO: 4
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
Correct:B
QUESTION NO: 5
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
Correct:D
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Updated: May 27, 2022