Practice Free MB-310 Exam Online Questions
HOTSPOT
A company is implementing Dynamics 365 Finance.
The company must be able to record sales orders in the following currencies: USD. EUR, and GBP.
Company A uses USD as the accounting and reporting currency Company B uses GBP as the accounting and reporting currency.
Each company is consolidated into Company CON that uses EUR as the accounting and reporting currency.
Assets and liabilities are revalued at the current exchange rate.
You need to configure the system to meet the requirement.
Which option should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
DRAG DROP
A company uses the basic budgeting functionality in Dynamics 365 Finance. You are creating the budget in the system for the upcoming fiscal year.
The company uses budget workflow approvals to process budget entries. The company plans to split a business unit named IT and Infrastructure into two business units: Business Applications and IT Infrastructure.
You need to create the budget for the two business units based on 1.5.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
An organization is upgrading to Dynamics 365 Finance.
One of the organization’s legal entities needs to have different main accounts for a period of six months.
You need to configure the legal entity override dates.
Which two actions can you perform? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
- A . Set the value of the override date field at the legal entity level to be more restrictive.
- B . Set the value of the override date field at the shared level to be more restrictive.
- C . Set the value of the override date field at the legal level to be less restrictive.
- D . Set the value of the override date field at the shared level to be less restrictive.
AD
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/plan-chart-of-accounts
Which configuration makes it possible for User4 to make a purchase?
- A . Budget model configuration is configured to allow certain purchases to exceed budget.
- B . Budget is posted at the dimension level. Budget control is managed at main account level.
- C . Budget funds available are configured to allow dimension budget overrides.
- D . Budget is posted at the main account level. Budget control is managed at the department level.
DRAG DROP
You are implementing Dynamics 365 Finance and have deployed one instance with the following legal entities:
You need to configure the ledger.
Which ledger currencies should be configured? To answer, drag the appropriate currency type to the ledger currency. Each currency type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content. NOTE: Each correct selection is worth one point.
A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All companies and data reside in Finance and Operations, The client currently uses a separate reporting tool to perform their financial consolidation and eliminations, They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Create a separate company in which you manually create the eliminations. Then, use that company in Financial reporting or in the consolidation process.
Does the solution meet the goal?
- A . Yes
- B . No
A
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidation-elimination-overview
HOTSPOT
You need to identify why the sales orders where sent to customers.
Which configuration allowed the sales orders to be sent? To answer, select the appropriate configuration in the answer area. NOTE: Each correct select is worth one point.
A company uses Microsoft Dynamics 365 Finance.
You need to reclassify a fixed asset.
Which three actions does the system perform when an asset is reclassified? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point
- A . The existing fixed asset transactions for the original fixed asset are canceled and regenerated for the new fixed asset.
- B . The system will generate reclassification journals.
- C . The new fixed asset only cancels out possible depreciations because the reclassification date is filled in in the Acquisition date field.
- D . The new books of the new fixed asset contain the date of the reclassification in the Acquisition date field.
- E . All books for the existing fixed asset are created for the new fixed asset.
HOTSPOT
A company is using vendors to produce components for its products.
Journal types are not configured to support vendor invoices-
You need to identify and configure journals to use for vendor invoices.
Which journal types should you use? To answer, select the appropriate options in the answer area, NOTE: Each correct selection is worth one point.
Your company uses Dynamics 365 Finance
All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered.
Has the same service life, and uses the same depreciation deduction calculation.
You need to configure the system.
Which two parameters should you set up? Each correct answer presents part of the solution. NOTL Each correct selection is worth one point.
- A . appreciation convention
- B . derived book
- C . deprecation profile
- D . fixed asset group