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Exam Code:
MB-310
Exam Name:
Microsoft Dynamics 365 Finance Functional Consultant
Last Update: Mar 21, 2023
208 Questions
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Microsoft Dynamics 365 Finance Functional Consultant Questions and Answers

Questions 1

A company is using vendors to produce components for its products.

Journal types are not configured to support vendor invoices-

You need to identify and configure journals to use for vendor invoices.

Which journal types should you use? To answer, select the appropriate options in the answer area,

NOTE: Each correct selection is worth one point.

MB-310 Question 1

Options:

Questions 2

A client wants Dynamics 365 Finance to calculate sales tax on a sales order line once an item is added. The

sales tax group is already populated with a value.

You need to ensure that the sales tax will calculate.

Which field should you populate?

Options:

A.

sales tax code

B.

item group

C.

customer address

D.

item sales tax group

Questions 3

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets 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.

A customer uses Dynamics 365 Finance.

The controller notices incorrect postings to the ledger entered via journal.

The system must enforce the following:

  • Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional.
  • Revenue accounts (4000-4999) require department and division and allow project and customer dimensions.
  • Liability accounts (2000-2999) should not have any dimensions posted.
  • Expense account (6999) requires department, division, project and customer dimensions with all transactions.

You need to configure the account structure to meet the requirements.

Solution:

  • Configure two account structures: one for liability accounts listing the (2000-2999) range with no following dimensions and one for Expense and Revenue accounts.
  • For Expense accounts (6000-6998) and Revenue accounts (4000-4999), configure asterisks in all dimension columns.
  • For Expense account (6999), configure asterisks in all dimensions. Configure an asterisk and quotes in the customer dimension.

Does the solution meet the goal?

Options:

A.

Yes

B.

No

Next Question

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