MB-310 Exam Questions

You are contouring Dynamics 365 Finance. Transactions are being approved tor all sales transactions. This configuration results in numerous fraudulent transactions. The payment pro...

You use Dynamics 365 Finance for daily bank reconciliation. You must use the BAI2 bank statement format. You need to configure the import bank statement format for the bank reconci...

You are implementing Dynamics 365 Finance. Subledger entries must transfer automatically to the general ledger. You need to configure a batch transfer rule. Which two options shoul...

A customer uses bank reconciliation functionality in Dynamics 365 Finance. The customer finds a transaction in a closed fiscal period that must be corrected. You need to correct th...

You are implementing Dynamics 365 Finance. You commonly complete the sale of goods across international borders. You need to configure the system. What should you use?

The controller at a company has multiple employees who enter standard General ledger journals. The controller wants to review these journal entries before they are posted. Currentl...

You are implementing Dynamics 365 Finance. Sales tax should be calculated when the sales orders are entered. During testing, you find the sales tax is not calculating as expected....

A company has implemented Dynamics 365 Finance. The company has three different banks where they hold funds. Each bank holds three separate accounts, totaling nine accounts for the...

A company has implemented Dynamics 365 Finance. The company requires better visibility into their cash flow and wants to reconcile bank accounts daily with a timely view of check d...

A company uses Microsoft Dynamics 365 Finance. You are evaluating delinquent customers. You examine aging balances and determine that a customer's balance must be written off. You...

A company has implemented Dynamics 365 Finance. The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authoritie...

You are configuring taxes in Dynamics 365 Finance for a client. Vendor invoices require a five percent sales tax calculation. Per government rules, the client can recover only 60 p...

You have implemented Dynamics 365 Finance. You must update the fiscal year to a 4-4-5 quarterly configuration. You need to configure the fiscal year. What should you do?

The controller at a company has multiple employees who enter standard General ledger journals. The controller wants to review these journal entries before they are posted. Currentl...

You are implementing Dynamics 365 Finance. You need to enable electronic fund transfers (EFT) for vendors. Which three steps must you complete? Each correct answer presents pail of...

The JAX sales tax group include the following tax codes: - Jacksonville - Duval CT - FL - FL Special 1 - FL Special 2 - FL Special 3 - FL Special 5 The default item sales tax group...

A United States-based company uses Dynamics 365 Finance to collect and report sales tax. The company has a main account for each state where they collect and report sales tax. The...

A company uses Microsoft Dynamics 365 Finance. The system displays the following error when you try to acquire a fixed asset: Account for the transaction type, value model, does no...

A company uses Microsoft Dynamics 365 Finance to manage customer support contracts. You need to validate a revenue recognition schedule for a customer. In which two pages can you v...

A company manufactures and installs air filtering units for industrial manufacturing plants. The air filtering units are manufactured to order. The company realized the value of th...

You are configuring revenue recognition reallocation processing in Microsoft Dynamics 365 Finance. You must recalculate revenue prices when the contract terms for a sale change. Wh...

A customer implements Dynamics 365 Finance and wants to use the recurring invoice feature for accounts receivable. The recurring invoice template includes the start date and freque...

A company plans to allocate revenue across occurrences by using recognition basis. Which recognition basis can you use?

A company implements Dynamics 365 Finance. The company uses a third party to provide support services. You need to configure a payment method to allow the company to reimburse any...

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 company uses expense management in Dynamics 365 Finance. The company has two legal entities. CompanyA reimburses employees for travel-related expenses. CompanyB plans to reimburs...

You need to ensure the budget only reflects a single annual cost of living increase for Humongous Insurance employees. What should you do? Each correct answer presents a complete s...

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 implements basic budgeting functionality in Dynamics 365 Finance in multiple departments that belong to the same legal entity. Managers must be able to identify and track...

You create a parent budget for the next fiscal year of a parent company. The parent company is configured as its own legal entity. Franchises are configured as separate legal entit...

A company implements basic budgeting functionality in Dynamics 365 Finance. Budget managers must be notified of a budget register posting task after a finance director approves an...

You are migrating data from a legacy system to Dynamics 365 Finance. The legacy customer master data does not include a customer grouping. Customers must be assigned to a group. Yo...

A company uses Dynamics 365 Finance to manage fixed assets. The company uses a legal entity for accounting and a legal entity for tax purposes. The company has 15 different fixed a...

You are using Microsoft Dynamics 365 Finance. You need to acquire a fixed asset. What are three possible ways to achieve the goal? Each correct answer presents a complete solution....

A company implements Microsoft Dynamics 365 Finance to manage fixed assets. The company adds a laptop as a fixed asset. You run a depreciation proposal. You observe that laptops ar...

A company uses Microsoft Dynamics 365 Finance and Dynamics 365 Project Operations. The company must associate fixed assets with subprojects to track the money that the company spen...

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...

A client is implementing accounts receivable in Dynamics 365 Finance. You need to determine which requirements can be met by configuring the customer posting profile. Which three r...

A company uses Microsoft Dynamics 365 Finance to manage fixed assets. The company uses laptops for three years and then sells the laptops externally. You need to process laptop sal...

Case Study 4 - Adtum Corp Background First Up Consultants is a global engineering and consulting organization based in Atlanta. The organization assists customers with various impl...

A company plans to implement Dynamics 365 Finance. The company manages a high volume of customers. The finance team wants to enable the following capabilities for each set of custo...

The controller at a company has multiple employees who enter standard General ledger journals. The controller wants to review these journal entries before they are posted. Currentl...

A company uses the credit and collections features of Dynamics 365 Finance to track invoices and incoming payments from customers. You need to configure the automatic collection ta...

A company plans to allocate revenue across occurrences by using recognition basis. Which recognition basis can you use?

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...

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 are configuring Dynamics 365 Finance. Transactions are being approved for all sales transactions. This configuration results in numerous fraudulent transactions. The payment pr...

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...