MB-310 Exam Questions

Case Study 1 - Fourth Coffee Background Fourth Coffee is a coffee and supplies manufacturer based in Seattle. The company recently purchased CompanyA, based in the United States, a...

Case Study 1 - Fourth Coffee Background Fourth Coffee is a coffee and supplies manufacturer based in Seattle. The company recently purchased CompanyA, based in the United States, a...

Case Study 1 - Fourth Coffee Background Fourth Coffee is a coffee and supplies manufacturer based in Seattle. The company recently purchased CompanyA, based in the United States, a...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements: - Distribute overhead utility expense to...

You are configuring intercompany accounting for a multicompany enterprise. You need to set up the Due to and Due from accounts. Which main account type should you use?

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

You work for a company that receives invoices in foreign currencies. You need to configure the currency exchange rate providers and exchange rate types. What should you do?

Users are posting project transactions and bank transactions incorrectly in the General journal. The client wants to prevent this from happening in the future. You need to configur...

You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact. You need to assign the Vendor (external) role to this vendor. Wh...

A client uses Dynamics 365 Finance for accounts receivable. You need to configure the method of payment to enforce the accounts receivable clerk to enter the wire number for the re...

You are configuring the Accounts payable module for a company. The company needs to set a limit on the charges they will pay for specific items. You need to set up the limit for ch...

You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact. You need to assign the Vendor (external) role to this vendor. Wh...

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You plan to run several reports in USMF that list all the write-off transactions. You need t...

An organization acquires a building. You need to register and record the building as an asset building in Dynamics 365 Finance. What are three possible ways to achieve the goal? Ea...

You are the accounts receivable manager of an organization. The organization recently sold machinery to a customer. You need to register a transaction for the sale of the machinery...

You are the controller for an organization. The company purchased six service trucks. You observe that your accountant set up Fixed assets ?vehicles in the wrong fixed asset group....

You are configuring budgeting components in Dynamics 365 Finance. You need to configure multiple budgets. What are three budgeting options you can use? Each correct answer presents...

A client is using the budget planning process in Dynamics 365 Finance. Your client requires the ability to plan for a one-year, three-year, and five year-budget. You need to config...

A company plans to use Dynamics 365 Finance. You need to configure basic budgeting. Which set of actions must you perform?

You are configuring the Fixed assets module for a Dynamics 365 Finance environment. You need to set up the basic configuration to create a fixed asset. Which three settings are req...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some q...

A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definiti...

An organization is setting up a cost accounting. You need to set up fiscal calendars for Dynamics 365 Finance. What are three uses for fiscal calendars? Each correct answer present...

You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts. The company wants to import their bank statements. You need to import...

You are an accounts receivable manager. Your company instituted a two-level collection letter plan for a customer. The result was not as effective as your company had anticipated....

Your company creates a policy that requires invoice matching information on documents. Which three types of documents are used for invoice matching? Each correct answer presents pa...

You are training a new employee. They need to know the items that are required for posting an invoice register. What are the two required items? Each correct answer presents part o...

A legal entity has locations and customers in multiple states within the United States. You need to ensure that taxable customers are charged sales tax for taxable items in their d...

You are configuring Dynamics 365 Finance. You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting de...

A public sector company is configuring encumbrance for managing capital budgets. The finance department needs to configure posting definitions for bank transactions. You need to co...

An organization plans to set up intercompany accounting between legal entities within the organization. Automatic transactions between legal entities must meet the following requir...

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to implement a quarterly accruals scheme for USMF. The accrual scheme settings must...

You are the accounts payable manager at you company. Per the agreement with your supplier, you need to create a payment schedule against an invoice of 10.000 USD to be paid at 2,00...

You are creating a posting a sales tax transaction. The sales tax percentage is incorrect for the current transaction and will need to be revised prior to posting a transaction. Yo...

A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company. Transactions for current emp...

An organization uses Dynamics 365 Finance. Several posted journal entries contain invalid main account and dimension combinations. This leads to incorrect financial reporting. You...

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to assign the Accountant closing role for the USMF legal entity to an employee name...

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to create a report that contains the sales tax settlements for the state of Califor...

A client has one legal entity and the following four dimensions configured: Business Unit, Cost Center, Department, and Division. You need to configure the client's system to run t...

You need to make adjustments to your ledger balances before year-end close. Which methods can be used to accomplish this goal?

You open up the Financial period close workspace and see an exclamation point icon next to one of your tasks. What does the exclamation point icon next to the task mean?

A company configures budget controls at the beginning of the year. Which three budget control transaction actions occur when the budget control is turned off mid- year. Each correc...

You are setting up the yearly budget for an organization for the year 2019. You need to set up the budget register entries. Which two fields must be set up when creating register e...