Practice Free MB-310 Exam Online Questions

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 reimburse remote employees monthly for travel-related expenses. All employees are required to complete expense reports.

You need to configure the expense type that can be used for both companies.

Which expense type category should you use?

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HOTSPOT

A client confirms a safes order in Dynamics 365 for Finance and Operations. You are viewing the confirmed sales order.

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A company uses Dynamics 365 Finance to manage fixed assets. The company’s fiscal year is set as the calendar year.

The company requires two books for each fixed asset.

The company has the following requirements for the books:

You need to configure a fixed asset group book setup to meet the requirements.

Which depreciation conventions and depreciation profiles should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

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You need to recommend a solution to prevent User3’s issue from recurring.

What should you recommend?

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You manage fixed assets in Dynamics 365 Finance.

You have the following requirements:

✑ Purchase a fixed asset on a purchase order by using a procurement category.

✑ Purchase a fixed asset on a purchase order by using an item number.

✑ Post specific tax transactions for fixed assets by using a journal.

You need to associate process in the system with the corresponding business requirement.

Which actions should you perform? To answer, select the appropriate configuration in the answer area. NOTE: Each correct selection is worth one point.

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Explanation:

Reference: https://www.loganconsulting.com/blog/fixed-asset-determination-rules-in-d365-for-finance-and-operations/

HOTSPOT

You are creating a payment proposal that shows invoices that are eligible to be paid.

You display the Accounts payable Payment proposal screen from the Accounts payable payment journal.

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic. NOTE: Each correct selection is worth one point.

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Explanation:

Reference: https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/create-vendor-payments-payment-proposal

You are the controller of a multi-entity organization that uses the same chart of accounts and fiscal periods across all entities. You use the financial report designer in Dynamics 365 Finance to create, maintain, deploy, and view financial statements.

You need to generate consolidated financial statements by using a building block group to aggregate data across companies and financial dimensions.

Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

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A company wants to track balance sheet accounts 10000..39999 by using different dimensions than their profit and loss accounts 40000..99999. The company wants to track the Customer financial dimension for profit and loss accounts.

The company sets up the following structure:

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic. NOTE: Each correct selection is worth one point.

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Correct Answer:

HOTSPOT

A company wants to track balance sheet accounts 10000..39999 by using different dimensions than their profit and loss accounts 40000..99999. The company wants to track the Customer financial dimension for profit and loss accounts.

The company sets up the following structure:

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic. NOTE: Each correct selection is worth one point.

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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 question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

You manage a Dynamics 365 finance implementation.

You must provide the budget versus actual reporting in near real time.

You need to configure the ledger budgets and forecasts workspace to track expenses over budget and revenue under budget.

Solution: Configure an expense dimension set expense budget threshold, revenue dimension set, and revenue budget threshold percent field values on the Configure my workspace form.

Does the solution meet the goal?

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