Posted by: Pdfprep
Post Date: February 26, 2021
HOTSPOT
A company uses May 1 as the start of its fiscal year.
The company’s management needs to define fiscal calendars and date intervals for financial activities and financial reporting.
You need to set up fiscal calendars and date intervals and understand how they are used in financial accounting.
Which of the following attributes or purposes does each of the data configurations have? To answer, select the appropriate configuration in the answer area. NOTE: Each correct selection is worth one point.
Answer: Explanation:
References: https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/fiscal-calendars-fiscal-years-periods
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