Microsoft MB-310 Microsoft Dynamics 365 Finance Functional Consultant Online Training
Microsoft MB-310 Online Training
The questions for MB-310 were last updated at Dec 22,2024.
- Exam Code: MB-310
- Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
- Certification Provider: Microsoft
- Latest update: Dec 22,2024
DRAG DROP
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.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
DRAG DROP
You are creating a budget for an organization.
The organization requires that allocations be performed automatically as part of budget planning.
You need to invoke allocations at a specific budget planning stage.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
You are configuring budgeting components in Dynamics 365 for Finance and Operations.
You need to configure multiple budgets.
What are three budgeting options you can use? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
- A . Cost management budget, including Production and Resource groups
- B . Sales budget, including Campaigns and Events
- C . Workforce budget, including Compensation groups and Positions
- D . Project budget, including Items and Fees
- E . Ledger budget, including Revenue and Expense types
HOTSPOT
You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration in the answer area. NOTE: Each correct selection is worth one point.
You are configuring the Fixed assets module for a Dynamics 365 Finance and Operations environment,
You need to set up the basic configuration to create a fixed asset Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
- A . the number sequence
- B . the group
- C . the name
- D . the type
- E . the property type
An organization acquires a building. You need to register-and record the building as an asset building in Dynamics 365 Finance and Operations.
What are three possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
- A . Select an acquisition transaction type within a fixed asset journal.
- B . Select an account type of Fixed Asset and a transaction type of Acquisition with a General Journal.
- C . Use the sales order process to acquire the asset.
- D . Eliminate the project to a fixed asset.
- E . Create a sales invoice to record and register the fixed asset.
A client is using the budget planning process in Dynamics 365 for Finance and Operations. Your client requires the ability to plan for a one-year, three-year, and five-year budget. You need to configure the various year length options to be used in the budgeting module.
What should you do?
- A . Configure budget control.
- B . Configure budget codes.
- C . Configure budget allocation terms.
- D . Configure budget cycles.
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 need to achieve the following;
• Change the fixed asset group so that the existing fixed asset transactions for the original fixed asset are canceled and regenerated for the new fixed asset.
• Ensure that all value models for the existing fixed asset are created for the new fixed asset Any information that was set up for the original fixed asset is copied to the new fixed asset.
• Close the old fixed asset number in the old fixed assets group and create a new fixed asset number in the new fixed assets group.
What should you do?
- A . Reclassify the fixed asset.
- B . Copy the fixed asset.
- C . Change the fixed asset group
- D . Transfer the fixed assets.
You are the accounts receivable manager of an organization. The organization recently sold machinery to a customer. You need to registers transaction for the sale of the machinery by using a free text invoice for fixed assets.
Which transaction type should you use?
- A . Disposal
- B . Acquisition
- C . Value adjustments
- D . Depreciation
DRAG DROP
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 the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.