Practice MB-310 Exam Online

Question 1

You need to determine why CustomerX is unable to confirm another sales order. What are two possible reasons? Each answer is a complete solution. NOTE: Each correct selection is worth one point.

A : The credit limit parameter is set to Balance + All.

B : The credit limit is set to 0.

C : An inventory item is out of stock.

D : The inventory safety stock is set to 0.

Answer: A,C

Question 2

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.

A : Create a column definition and use the period and year to map the appropriate periods for each company.

B : Create a row definition that includes all appropriate accounts in all companies in the rows.

C : Create a column definition that includes a financial dimension column for each company.

D : Create a reporting tree that includes a reporting node for each company.

E : Use the Reporting Unit field to select the tree and reporting unit for each column

Answer: B,C,D

Question 3

Manual entry of currency exchange rates must be discontinued. Currency exchange rates must use the current rate values provided by the European Central Bank. The exchange rate entries and updates must be automated. You need to configure the system. Which two options should you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

A : Configure the exchange rate provider

B : Run currency revaluation

C : Create the currencies

D : Configure dual currency

E : Run the import currency exchange rate process

Answer: A

Question 4

A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definitions?

A : when financial dimensions need to default from the vendor record onto an invoice

B : when only certain dimensions are allowed to post with certain main account combinations

C : when creating multiple balanced ledger entries based on transaction types or accounts

D : when the system needs to automatically post a transaction to the accounts receivable account on invoice posting

Answer: D

Question 5

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 budgets by department. You need to configure the system. What should you configure?

A : Budget model with sub-models

B : Budget transfer rules

C : Budget codes and budget types

D : Budget entries workflows

Answer: A

Name:	Microsoft Dynamics 365 Finance Functional Consultant
Exam Code:	MB-310
Certification:	Microsoft Dynamics 365
Vendor:	Microsoft
Total Questions:	332
Last Updated:	Apr 22, 2024

Microsoft MB-310