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Microsoft MB-800 Exam - Topic 1 Question 91 Discussion

Monetary amounts for local currency must always display three decimal places.In General Ledger Setup, you need to configure the appropriate setup field with the appropriate value.What should you do?
A) Set the value of Amount Decimal Places to 3:3
B) Set the value of Unit-Amount Decimal Places to 3:3
C) Set the value of Inv. Rounding Precision to 0.001
D) Set the value of Unit-Amount Rounding Precision to 0.001
E) Set the value of Amount Rounding Precision to 0.001

Microsoft MB-800 Exam - Topic 1 Question 91 Discussion

Actual exam question for Microsoft's MB-800 exam
Question #: 91
Topic #: 1
[All MB-800 Questions]

Monetary amounts for local currency must always display three decimal places.

In General Ledger Setup, you need to configure the appropriate setup field with the appropriate value.

What should you do?

Show Suggested Answer Hide Answer
Suggested Answer: A

The two threes in 3:3 mean a minimum of three decimal places and a maximum of 3 decimal places. In other words, it will always display three decimal places.


by Edwin at Apr 09, 2025, 08:49 PM

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Terry
5 months ago
No way, it’s E for sure!
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Gail
6 months ago
Wait, are we sure it’s not A?
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Candra
6 months ago
Definitely E, that’s the right setup!
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Mendy
6 months ago
3 decimal places? Seems excessive to me.
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Graciela
6 months ago
I think it's E, Amount Rounding Precision.
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Brice
6 months ago
I think the key is to set the Amount Rounding Precision to 0.001, but I wonder if that applies to all currencies or just local ones.
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Carli
7 months ago
I feel like the Unit-Amount Decimal Places option might be relevant, but it seems more focused on units rather than the overall currency display.
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Kerrie
7 months ago
I remember practicing a question about rounding precision, but I can't recall if it was about Inv. Rounding Precision or Amount Rounding Precision.
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Wava
7 months ago
I think we need to set the Amount Decimal Places to 3:3, but I'm not entirely sure if that's the right field.
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Cyndy
7 months ago
I feel pretty confident about this one. The question clearly states that monetary amounts must display three decimal places, so the correct answer is to set the "Amount Decimal Places" field to 3:3. I'll select option A and move on to the next question.
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Bronwyn
8 months ago
This is a tricky one. I'm not entirely sure which field is the correct one to configure, but I'll make an educated guess and go with option A. If I'm not sure, I'll at least try to eliminate the options that don't seem relevant.
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Bernardo
8 months ago
Okay, I think I've got it. The question is asking about displaying monetary amounts, so the "Amount Decimal Places" field is the one I need to set to 3:3. That should do the trick.
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Aretha
8 months ago
Hmm, I'm a bit unsure about this one. The question mentions "Amount Decimal Places" and "Unit-Amount Decimal Places", but I'm not sure which one is the right field to set to 3:3. I'll have to think this through carefully.
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Jonelle
8 months ago
This seems straightforward - the question is asking about the appropriate setup field to configure for displaying monetary amounts with three decimal places, so I'll carefully read through the options and select the one that matches that requirement.
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Flo
1 year ago
Wait, did they really think we'd fall for the 'Unit-Amount' trap? C is the way to go, no doubt about it.
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Mona
1 year ago
Hold up, is this a trick question? I'm going to play it safe and say A. Set the Amount Decimal Places to 3:3. That's just common sense, right?
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Coleen
11 months ago
User 3: Good call, A seems like the most logical choice here.
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Rodrigo
12 months ago
User 2: Yeah, I agree. Let's go with A and set the Amount Decimal Places to 3:3.
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Alpha
1 year ago
User 1: I think you're right, A sounds like the safest option.
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Yvonne
1 year ago
Hmm, this is a tricky one. I'm going to go with E. Setting the Amount Rounding Precision to 0.001 should do the trick.
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Harrison
11 months ago
User4: I think E) Set the value of Amount Rounding Precision to 0.001 is the best option.
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Devorah
12 months ago
User3: I'm not sure, but I think B) Set the value of Unit-Amount Decimal Places to 3:3 might be the answer.
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Alex
12 months ago
User2: I agree with User1, A) sounds like the right choice.
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Shawnna
1 year ago
User1: I think the correct option is A) Set the value of Amount Decimal Places to 3:3
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Roy
1 year ago
B is the correct answer. We need to set the Unit-Amount Decimal Places to 3:3 to display three decimal places.
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Julie
1 year ago
C) Set the value of Inv. Rounding Precision to 0.001
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Jame
1 year ago
B) Set the value of Unit-Amount Decimal Places to 3:3
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Shelia
1 year ago
A) Set the value of Amount Decimal Places to 3:3
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Elbert
1 year ago
But wouldn't it make more sense to set the value for Amount Decimal Places since we are dealing with monetary amounts?
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Chantell
1 year ago
I disagree, I believe the correct answer is B) Set the value of Unit-Amount Decimal Places to 3:3.
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Elbert
1 year ago
I think the answer is A) Set the value of Amount Decimal Places to 3:3.
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Laurel
1 year ago
I think the answer is C. Setting the Inv. Rounding Precision to 0.001 seems like the best way to ensure three decimal places for monetary amounts.
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Irene
1 year ago
D) Set the value of Unit-Amount Rounding Precision to 0.001
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Alica
1 year ago
C) Set the value of Inv. Rounding Precision to 0.001
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Ashlyn
1 year ago
B) Set the value of Unit-Amount Decimal Places to 3:3
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Lucy
1 year ago
A) Set the value of Amount Decimal Places to 3:3
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