Practice Free MB-310 Exam Online Questions
HOTSPOT
A rental service company hires you to configure their system to implement accrual schemes.
You need to configure the accrual schemes for this company.
Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
You need to enforce financial budgets for management and resolve User As issue.
What should you do?
- A . Configure budget control threshold.
- B . Create a schema for formulating budget.
- C . Create a new organizational hierarchy.
- D . Apply security rules to budget plans.
A
Explanation:
Configure Budget Control Threshold (Option A):
Go to Budgeting > Setup > Budget control > Budget control configuration.
Under the Budget thresholds section, configure the threshold percentage (e.g., 90%) to trigger alerts when users are close to their budget limits.
This configuration ensures that alerts are sent to users before they exceed their budget, directly addressing User As issue by setting up notifications to prevent budget overrun.
Reference: Dynamics 365 documentation on configuring budget control thresholds to enforce budget limits and alerts.
By setting the threshold, you allow the system to automatically monitor budget usage and notify users accordingly, ensuring adherence to budget constraints as specified by management.
HOTSPOT
You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration in the answer area. NOTE: Each correct selection is worth one point.
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation
You need to determine the cause of the issue that User1 reports.
What are two possible causes for the issue? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
- A . The account structure is in draft status.
- B . The account structure has quotations for all dimensions.
- C . User1 s security is incorrectly set up.
- D . The account structure has an asterisk for all dimensions.
- E . The financial dimensions were created in the incorrect legal entity.
A company has many customers who are not paying invoices on time.
You need to use the collection letter functionality to manage customer delinquencies.
What are two possible ways to achieve the goal? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
- A . Cancel the collection letters after they are created and posted.
- B . Print all of the collection letters.
- C . Delete the collection letters after posting when an error occurs.
- D . Post the collection letters.
BD
Explanation:
Reference: http://d365tour.com/en/microsoft-dynamics-d365o/finance-d365fo-en/collection-letters/
HOTSPOT
You are the purchase manager of an organization. You purchase a laptop for your office for $2,000.
You plan to create a purchase order and acquire the new fixed asset through the purchase order at time of invoicing.
You set up the system as follows: Fixed assets are automatically created during product receipt or vendor invoice posting and the capitalization threshold for the computers group (COMP) is set to $1,600.
You need to automatically create a fixed asset record when you post an acquisition transaction for the asset after you post the invoice.
How should you configure the fixed asset parameters to meet the criteria? To answer, select the appropriate option in the answer area. NOTE: Each correct selection is worth one point.
You need to ensure the promotional gifts are posted to the correct account.
What should you use?
- A . Classification groups
- B . Item groups
- C . Field groups
- D . Customer credit groups
- E . Bank groups
You need to ensure the promotional gifts are posted to the correct account.
What should you use?
- A . Classification groups
- B . Item groups
- C . Field groups
- D . Customer credit groups
- E . Bank groups
You need to configure budget planning for Alpine Ski House Corporate.
Which two components should you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
- A . budget control workflow
- B . budget planning workflow
- C . operational budget register entry IS
- D . organizational hierarchy
- E . budget planning hierarchy
A company manufactures air filtering units few industrial manufacturing plants.
During the acquisition of one of the components that is used in the unit, an agreement is reached that the $25. 000 component mil be paid for in the following schedule:
• The first payment will be $10,000
• The remaining balance will be distributed equally and due on the 15m of the month for the next three months. You need to configure the system for the payment schedule.
What should you do?
- A . Enter $25,000 in the Amount of Transaction Quantity field.
- B . Use the Specified allocation method.
- C . Set the Fixed allocation method Rued Amount field lot the monthly amount.
- D . Specify a fixed quantity payment of 5.