Microsoft Dynamics 365 Finance — Question 118

A company is setting up a budget control system to improve financial management. The company completes the following initial steps:

• Defined financial dimensions
• Set default time intervals
• Configured basic budgeting parameters

The company requires the budget control functionality to monitor and compare the actual expenditures to the budgeted amounts.

You need to configure the budget control configuration linked to the budgeted amount so that the system can effectively monitor and compare actual expenditures to budgeted amounts.

What should you do next?

Answer options

• A. Specify user groups with permissions to exceed the budget.
• B. Define the calculation formula for budget funds available, including draft documents.
• C. Assign budget models to the budget cycle time spans.

Correct answer: B

Explanation

The correct answer is B because defining the calculation formula for budget funds available is crucial for accurately tracking actual expenditures against the budgeted amounts. Options A and C are not directly related to establishing the necessary calculations for budget monitoring, which is the primary need in this scenario.