Question
An organization is setting up cost accounting.
You need to set up fiscal calendars for Dynamics 365 Finance.
What are three uses for fiscal calendars? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
- A. standard work hours
- B. financial transactions Correct
- C. fixed asset depreciation Correct
- D. budget cycles Correct
- E. shift work hours
Explanation
Fiscal calendars are used with financial transactions (the ledger calendar of a legal entity), fixed asset depreciation (a calendar selected on the fixed asset book) and budget cycles (the budget calendar). Standard work hours and shift work hours belong to working-time calendars, not fiscal calendars.
