MB-310 Exam Questions
352 real MB-310 exam questions with expert-verified answers and explanations. Page 2 of 8.
- Question #53Implement financial management
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...
year-end setupaccounting adjustmentsfiscal year closeledger configuration - Question #54Implement financial management
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 per...
year-end closefiscal yearledger calendarmain account types - Question #55Manage budgeting
You set up and activate a new budget planning process. Next, you generate the original budget plan from the general ledger data. The department managers need to enter their request...
budget planningbudget plan linesExcel worksheetdepartment managers - Question #56Manage budgeting
You are creating a budget register entry. You need to transfer 6,000.00 USD from account 604578 in department 10 to department 20. What should you do?
budget register entrybudget transferbudget codedepartment transfer - Question #57Manage budgeting
You want to reserve budget funds for planned expenditures. The funds have been requested but not yet approved from a purchase order. You need to set up a budget code for these type...
pre-encumbrancebudget codebudget typeplanned expenditures - Question #58Set up and configure financial management
You are configuring account structures and advanced rules in Dynamics 365 Finance. All balance sheet accounts require Business Unit and Department dimensions. The Shareholder distr...
account structureadvanced rulesfinancial dimensionsbalance sheet accounts - Question #59Set up and configure financial management
A client uses the standard trial balance in Dynamics 365 Finance. The client has the following requirements: - ability to run the trial balance by main account, department, and div...
financial dimension setstrial balancereport parametersdimension filtering - Question #60Implement financial management
SIMULATION You are a functional consultant for a legal entity named Contoso Group (GLCO). You plan to sell new products that will increase in quality over time. You need to impleme...
inventory model groupLIFO costingitem model groupscost method - Question #62Implement and manage accounts payable and expenses
A client is implementing Accounts payable. The client wants to establish three-way matching for 100 of their 5,000 stocked items from a specific vendor. The client requires the abi...
invoice matching policythree-way matchingAP configurationvendor invoices - Question #65Set up and configure financial management
Drag and Drop Question You need to set up a process of tracking, recording, and analyzing costs associated with the products or activities of a nonmanufacturing organization. You n...
standard costingcost version setupitem model groupledger accounts - Question #66Set up and configure financial management
Drag and Drop Question A retail company has outlets in multiple locations. Taxes vary depending on the location. You need to configure the various components of the tax framework....
sales tax configurationtax codessales tax groupsledger posting groups - Question #69Set up and configure financial management
Drag and Drop Question You are configuring a Dynamics 365 Finance environment for intercompany accounting. You create the following legal entities: - CompanyA - CompanyB You need t...
intercompany accountingdue to/due from accountsjournal configurationlegal entities - Question #70Implement financial management
Drag and Drop Question You are a controller in an organization. You are identifying cost drivers to see how changes in business activities affect the bottom line of your organizati...
cost accounting terminologycost behaviorcost allocation basescost objects - Question #73Set up and configure financial management
Drag and Drop Question You are controller for a public sector organization. You need detailed fiscal tracking and reporting. You need to set up fund types categorized under specifi...
public sectorfund typesfund classesgovernmental funds - Question #74Set up and configure financial management
Drag and Drop Question A public sector organization wants to set up the derived financial hierarchy to analyze posted transaction data. You need to set up the derived financial hie...
derived financial hierarchypublic sectorcategory hierarchyfilter rules - Question #77Implement and manage accounts payable and expenses
Drag and Drop Question A client has Accounts payable invoices in their legal entity in three different currencies. It is month-end, and the client needs to run the foreign currency...
foreign currency revaluationaccounts payableexchange ratesperiodic processing - Question #80Set up and configure financial management
Drag and Drop Question You are a consultant who is implementing Dynamics 365 Finance in your organization. You need to set up currencies and exchange rates for a client. Which thre...
currency setupexchange ratesaccounting currencyledger configuration - Question #82Implement accounts receivable, credit, collections
Drag and Drop Question A client observes that some customers are late paying their invoices. The client wants to use the Credit and Collections functionality to send collection let...
collection letterscredit and collectionscustomer posting profileAR configuration - Question #87Implement accounts receivable, credit, collections, and subscription billing
Drag and Drop Question An organization sells monthly service subscriptions. The organization sends invoices to customers on the 15th of every month in the amount of $450.00. You ne...
recurring invoicesfree text invoice templatesubscription billingperiodic posting - Question #88Implement and manage accounts payable and expenses
Drag and Drop Question You are a Dynamics 365 Finance functional consultant. A legal entity processes and settles vendor payments on behalf of other legal entities in an organizati...
centralized paymentsintercompanyvendor paymentsposting profiles - Question #90Implement and manage accounts payable and expenses
Drag and Drop Question A company makes frequent payments to its vendors by using various due dates and discounts. You need to set up and create a vendor payment by using a payment...
payment proposalvendor paymentspayment journalcash discount - Question #92Implement and manage accounts payable and expenses
Drag and Drop Question A client wants to use Dynamics 365 Finance invoice validation functionality. You need to recommend the invoice validation functionality that meets their requ...
invoice validationcharges matchinginvoice totals matchingline-level matching - Question #93Manage budgeting
Drag and Drop Question You are creating a budget for an organization. The organization requires that allocations be performed automatically as part of budget planning. You need to...
budget planningstage allocationsworkflowautomated tasks - Question #95Manage budgeting
Drag and Drop Question A company needs to create budget plan templates for its budgeting process. You need to create the budget plan templates. In which order should you perform th...
budget plan templatesfinancial dimension setsbudget plan columnsdocument layouts - Question #97Manage fixed assets
Drag and Drop Question A client is implementing fixed assets in Dynamics 365 Finance. You need to specify which parameters should be configured to meet the business requirements. W...
fixed asset parametersasset acquisitioncapitalization thresholdpurchase integration - Question #101Set up and configure financial management
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...
sales tax authoritysettlement accounttax setupAP configuration - Question #102Implement financial management
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...
financial consolidationholding company reportingtrial balancefinancial reporting - Question #103Manage fixed assets
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...
fixed asset determination rulesasset acquisitionpurchasing integrationfixed assets - Question #106Set up and configure financial management
Case Study 2 - Munson Background Munson's Pickles and Preserves Farm grows and distributes produce, jellies, and jams. The company's corporate headquarters is located in Dallas, TX...
item groupsfinancial dimensionsinventory reportingproduct categorization - Question #107Implement and manage accounts payable and expenses
Case Study 2 - Munson Background Munson's Pickles and Preserves Farm grows and distributes produce, jellies, and jams. The company's corporate headquarters is located in Dallas, TX...
automatic charge codescharge codesvendor invoicesaccounts payable - Question #109Implement financial management
Case Study 2 - Munson Background Munson's Pickles and Preserves Farm grows and distributes produce, jellies, and jams. The company's corporate headquarters is located in Dallas, TX...
ledger allocation rulesexpense allocationcost distributionpostage expenses - Question #110Set up and configure financial management
You are a Dynamics 365 Finance expert for an organization. You need to configure the Financial period close workspace. Which three configuration processes should you use? Each corr...
financial period closeclosing templatesclosing rolesworkspace configuration - Question #111Set up and configure financial management
You are a Dynamics 365 Finance consultant. You are currently unable to collaborate or track progress toward month-end close across legal entities in the current system. You need to...
financial period close workspacemonth-end closelegal entitiescollaboration - Question #112Implement financial management
You are a Dynamics 365 Finance consultant. You plan to configure the allocation base, cost behavior, and cost distribution. Which three actions do these configurations accomplish?...
allocation basecost behaviorcost distributioncost accounting - Question #113Implement financial management
You are a finance consultant. Your client needs you to configure cash flow forecasting. The client wants specific percentages of main accounts to contribute to different cash flow...
cash flow forecastingdependent accountsmain accountsforecasting setup - Question #114Set up and configure financial management
A company plans to use Dynamics 365 Finance to calculate sales tax on sales orders. You need to automatically calculate sales tax when the sales order is created. Which three actio...
sales taxsales tax groupitem sales tax groupsales tax codes - Question #115Implement and manage accounts payable and expenses
You are setting up the Accounts payable module and vendor invoice policies for an organization. You need to set up vendor invoice policies that run when vendor invoices are posted...
vendor invoice policiesinvoice matching validationAP workflowvendor invoices - Question #116Implement accounts receivable, credit, collections
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 t...
collection letterscustomer delinquenciesaccounts receivableposting - Question #117Implement and manage accounts payable and expenses
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...
vendor collaborationsecurity rolesexternal vendorvendor portal - Question #118Manage budgeting
You are configuring the basic budgeting for a Dynamics 365 Finance environment. You need to configure the types of entries allowed. Which two configurations can you use? Each corre...
budget register entriesamount typesaccount structurebasic budgeting - Question #119Manage budgeting
A company is preparing to complete yearly budgets. The company plans to use the Budget module in Dynamics 365 Finance for budget management. You need to create the new budgets. Wha...
budget plansbudget scenariosannual budgetingbudget module - Question #120Implement financial management
Drag and Drop Question A client plans to use financial statements in Dynamics 365 Finance. The client wants to process the statements by using various combinations of the component...
financial statementsrow definitioncolumn definitionreporting tree - Question #122Implement and manage accounts payable and expenses
Case Study 2 - Munson Background Munson's Pickles and Preserves Farm grows and distributes produce, jellies, and jams. The company's corporate headquarters is located in Dallas, TX...
pending vendor invoicevendor invoice journalvendor invoice registerAP invoicing - Question #123Implement and manage accounts payable and expenses
Case Study 3 - Alpine Ski House Background Alpine Ski House has three partially owned franchises and 10 fully owned resorts throughout the United States and Canada. Alpine Ski Hous...
three-way matchinvoice matchingprice tolerancepurchase orders - Question #124Manage fixed assets
Case Study 3 - Alpine Ski House Background Alpine Ski House has three partially owned franchises and 10 fully owned resorts throughout the United States and Canada. Alpine Ski Hous...
fixed assetspurchase orderfixed asset acquisitionproduct receipt - Question #125Implement financial management
Case Study 3 - Alpine Ski House Background Alpine Ski House has three partially owned franchises and 10 fully owned resorts throughout the United States and Canada. Alpine Ski Hous...
ledger allocationbasis allocationequally splitcost distribution - Question #127Set up and configure financial management
A client wants Dynamics 365 Finance to calculate sales tax on a sales order line once an item is added. The sales tax group is already populated with a value. You need to ensure th...
item sales tax groupsales taxsales ordertax calculation - Question #128Set up and configure financial management
A customer uses the sales tax functionality in Dynamics 365 Finance. The customer reports that when a sales order is created, sales tax does not calculate on the line. You need to...
sales tax groupitem sales tax groupsales tax calculationtroubleshooting - Question #129Implement and manage accounts payable and expenses
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...
purchase orderinvoice matchingAP configurationencumbrance - Question #130Implement and manage accounts payable and expenses
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...
purchase orderinvoice matchingAP configurationencumbrance