MB-310 Exam Questions
352 real MB-310 exam questions with expert-verified answers and explanations. Page 5 of 8.
- Question #260Implement accounts receivable, credit, collections
You are contouring Dynamics 365 Finance. Transactions are being approved tor all sales transactions. This configuration results in numerous fraudulent transactions. The payment pro...
credit card authorizationaddress verificationfraud preventionpayment processing - Question #261Set up and configure financial management
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...
BAI2 formatbank statement importdata management workspacebank reconciliation - Question #262Set up and configure financial management
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...
batch transfer rulesubledger to general ledgerasynchronous transferscheduled batch - Question #263Implement financial management
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...
bank reconciliationclosed fiscal periodtransaction correctionopen period posting - Question #264Implement financial management
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?
letters of creditinternational tradecross-border salescash and bank management - Question #265Set up and configure financial management
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...
journal approvalmanual journal workflowgeneral ledgeruser group - Question #266Implement financial management
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....
sales tax validationitem sales tax groupsales tax groupcustomer configuration - Question #267Set up and configure financial management
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...
bank groupbank accountdefault bank informationcash and bank management - Question #268Set up and configure financial management
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...
advanced bank reconciliationcash flow visibilitycheck depositsbank account configuration - Question #269Implement accounts receivable, credit, collections
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...
customer write-offaging balancesjournal line typesaccounts receivable - Question #270Set up and configure financial management
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...
sales tax authoritysettlement periodtax jurisdictiontax remittance - Question #271Set up and configure financial management
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...
sales tax codepartial tax recoverynon-recoverable taxvendor invoice tax - Question #272Set up and configure financial management
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?
fiscal year configuration4-4-5 calendarperiod lengthfiscal calendar - Question #273Set up and configure financial management
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...
ledger daily journal workfloworganizational hierarchyjournal approvalgeneral ledger - Question #275Implement and manage accounts payable and expenses
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...
EFTelectronic reportingmethod of paymentaccounts payable vendor - Question #276Implement financial management
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...
sales tax code intersectionsales tax groupitem sales tax grouptax calculation logic - Question #277Set up and configure financial management
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...
sales tax ledger posting groupsettlement accountstate sales taxtax liability transfer - Question #278Manage fixed assets
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...
fixed asset posting profilesacquisition transaction typemain accountfixed assets - Question #279Set up and configure financial management
Drag and Drop Question You are setting up a process to track, record, and analyze costs associated with the products and activities for a nonmanufacturing organization. You need to...
standard costingitem model groupcost variance ledger accountsinventory parameters - Question #280Implement accounts receivable, credit, collections, and subscription billing
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...
revenue recognition schedulerevenue schedulesinvoiced sales ordersubscription billing - Question #281Implement accounts receivable, credit, collections, and subscription billing
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...
revenue recognitionrevenue schedulecontract termswarranty revenue - Question #282Implement accounts receivable, credit, collections, and subscription billing
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...
revenue recognition reallocationsales order reallocationcustomer accountreallocation reversal - Question #283Implement accounts receivable, credit, collections, and subscription billing
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...
recurring invoicesinvoice templatecustomer recordaccounts receivable billing - Question #284Implement accounts receivable, credit, collections, and subscription billing
A company plans to allocate revenue across occurrences by using recognition basis. Which recognition basis can you use?
revenue recognitionrecognition basisoccurrence allocationactual start date - Question #287Set up and configure financial management
Drag and Drop Question A company is implementing Dynamics 365 Finance. The company maintains two different bank accounts from the same bank. You need to set up and generate positiv...
positive paybank accountstransformation format filecash and bank management - Question #290Implement and manage accounts payable and expenses
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...
payment methodsexpense reimbursementvendor paymentledger payment - Question #291Implement 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 collaborationexternal vendor rolesconsignment inventoryvendor portal - Question #292Implement and manage accounts payable and expenses
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...
expense type categoryshared expense categorymultiple legal entitiesexpense management - Question #293Implement and manage accounts payable and expenses
Drag and Drop Question A company uses Dynamics 365 Finance for expense management. The company has multiple legal entities and multiple departments. Each department may have a diff...
expense policyorganization hierarchypolicy precedenceexpenditure internal control - Question #295Manage budgeting
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...
budget cyclecalendar yearfiscal yearcost of living increase - Question #296Implement accounts receivable, credit, collections
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...
credit limitcredit typemandatory credit limitcustomer documents - Question #297Manage budgeting
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...
budget modelsub-modelsdepartment budget trackingbasic budgeting - Question #298Manage budgeting
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...
budget allocationallocation methoddistribute methodlegal entity budgets - Question #299Manage budgeting
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...
budget workflowbudget register entryworkflow notificationfinance director approval - Question #303Manage budgeting
Drag and Drop Question A company uses basic budgeting functionality in Dynamics 365 Finance. The company has four sales territories in the same legal entity. Each territory uses it...
budget modelsub-modelsbudget vs actualsales territory budgets - Question #304Implement accounts receivable, credit, collections
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...
customer posting profilecustomer grouprevenue accountcustomer master data migration - Question #305Manage fixed assets
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...
fixed asset bookslegal entity associationfixed asset groupbook setup - Question #306Manage fixed assets
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....
fixed asset acquisitiongeneral journalpurchase orderinvestment project - Question #307Manage fixed assets
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...
depreciation proposalcapitalization thresholdfixed asset eligibility - Question #308Manage fixed assets
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...
fixed assetssubprojectsProject Operationsasset maintenance tracking - Question #309Manage fixed assets
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...
fixed asset reclassificationfixed asset booksasset transactionsreclassification journal - Question #310Implement accounts receivable, credit, collections
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...
customer posting profilereceivable accountinterest codeliquidity ledger account - Question #311Manage fixed assets
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...
fixed asset disposalfree text invoiceasset sale - Question #312Manage fixed assets
Drag and Drop Question A company that manufactures consumer electronics goods uses Microsoft Dynamics 365 Finance. You need to configure capitalization thresholds for products base...
capitalization thresholdfixed asset groupsprocurement categoriesfixed asset determination - Question #313Manage fixed assets
Drag and Drop Question A company is implementing Microsoft Dynamics 365 Finance. The company has multiple vehicles. You depreciate all vehicles by using the straight-line service l...
fixed asset groupsposting profilestraight-line depreciationledger account - Question #314Manage fixed assets
Drag and Drop Question A company uses Microsoft Dynamics 365 Finance. You receive a new purchase invoice. You must process the invoice as a fixed asset that complies with applicabl...
fixed asset booksvalue modelsposting layertax layer - Question #318Set up and configure financial management
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...
ledger calendarperiod statusmodule accessfiscal period - Question #319Implement accounts receivable, credit, collections, and subscription billing
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...
revenue recognitionrevenue typessubscription billingpost contract support - Question #320Implement accounts receivable, credit, collections
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...
customer groupsledger postingtrade statisticsaccounts receivable configuration - Question #321Set up and configure financial management
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...
general ledger journaljournal workflowjournal approvalorganizational hierarchy