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MB-310 · Question #54

MB-310 Question #54: Real Exam Question with Answer & Explanation

The correct answer is A. Configure the Fiscal year close parameters D. Validate the main account type E. Create the next fiscal year. This question is asking about configuring the system. Answers A (Configure the Fiscal year close parameters), D (Validate the main account type) and E (Create the next fiscal year) are required to configure the system. The next step after configuring the system would be Answer C

Question

A company is preparing to complete a year-end close process. You need to configure the Dynamics 365 Finance General ledger module. Which three configurations actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

Options

  • AConfigure the Fiscal year close parameters
  • BConfigure the ledger calendar for the new fiscal year
  • CConfigure the transfer balance
  • DValidate the main account type
  • ECreate the next fiscal year

Explanation

This question is asking about configuring the system. Answers A (Configure the Fiscal year close parameters), D (Validate the main account type) and E (Create the next fiscal year) are required to configure the system. The next step after configuring the system would be Answer C (Set up the year end close After the system is configured, the year-end close process can be run. On the Year-end close page, a template can be defined for the group of legal entities for which the year-end close process will be run. The template will be reused at each year-end close, but can be modified if your organization changes. https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-

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