Special New Year Discounts Limited Time 55% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 63r59951

MB-310 Microsoft Dynamics 365 Finance Questions and Answers

Questions 4

You need to adjust the sales tax configuration to resolve the issue for User3.

What should you do?

Options:

A.

Create multiple settlement periods and assign them to the US tax vendor.

B.

Create multiple sales tax remittance vendors and assign them to the settlement period.

C.

Run the payment proposal to generate the sales tax liability payments.

D.

Create a state-specific settlement period and assign the US tax vendor to the settlement period.

Buy Now
Questions 5

You need to configure the system to meet the budget preparation requirements.

What should you do? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Buy Now
Questions 6

You need to configure the system to for existing purchasing contracts.

Which commitment types should you use? To answer, drag the appropriate commitment types to the correct requirements. Each commitment type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Buy Now
Questions 7

You need to prevent the issue from reoccurring for User5.

What should you do?

Options:

A.

Use the audit list search query type.

B.

Set up the aggregate query type for entertainment expenses.

C.

Set up the sampling query type for entertainment expenses.

D.

Add more keywords to the audit policy.

Buy Now
Questions 8

You need to identify the root cause for the error that User5 is experiencing.

What should you check?

Options:

A.

Fixed asset rules

B.

Fixed asset determination rules

C.

Fixed asset posting profiles

D.

Fixed asset books

E.

Fixed asset depreciation profiles

Buy Now
Questions 9

You need in BUI that captured employee mobile receipts automatic ally match the transactions to resolve the User1 issue.

Which feature should you enable?

Options:

A.

Show receipts during itemization

B.

Define expense policy for receipts

C.

Expense management workspace

D.

Expense reports re-imagined

Buy Now
Questions 10

You need to correct the sales tax setup to resolve User5's issue.

Which three actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Populate the sales tax code on the sales order line.

B.

Assign the sales tax group to CustomerY.

C.

Assign the relevant sales tax code to both the sales tax and item sales tax groups.

D.

Populate the item sales tax group field on the sales order line.

E.

Populate the sales tax group field on the sales order line.

Buy Now
Questions 11

You need to configure the system to meet the fiscal year requirements. What should you do?

Options:

A.

Add an additional period to ledger calendars.

B.

Add an additional fiscal years

C.

Divide the twelfth period.

D.

Create a new fiscal calendar

E.

Create a closing period

Buy Now
Questions 12

You need to address the employees issue regarding expense report policy violations.

Which parameter should you use?

Options:

A.

Validate expense purpose

B.

Pre-authorization of travel is mandatory

C.

Evaluate expense management policies

D.

Policy rule type

Buy Now
Questions 13

You need to validate the sales tax postings for Tennessee and Alabama.

Which tax selections meet the requirement? To answer. select the appropriate options in the answer area

NOTE: Each correct selection is worth one point.

Options:

Buy Now
Questions 14

You need to configure revenue recognition to meet the requirements.

Which configuration should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than not at all. You may need to drag the split bar between panes or scroll to view content

NOTE: Each correct selection is worth one point

Options:

Buy Now
Questions 15

You need to process expense allocations.

Which features should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or net at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Buy Now
Questions 16

A rental service company hires you to configure their system to implement accrual schemes.

You need to configure the accrual schemes for this company.

Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Buy Now
Questions 17

You need to configure system functionality for pickle type reporting.

What should you use?

Options:

A.

item model groups

B.

item groups

C.

procurement category hierarchies

D.

financial dimensions

E.

procurement categories

Buy Now
Questions 18

You need to select the functionality to meet the requirement.

Which features should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Buy Now
Questions 19

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

What should you recommend?

Options:

A.

Configure automatic charge codes.

B.

Create a service item.

C.

Configure a sales order template.

D.

Create a procurement category.

D18912E1457D5D1DDCBD40AB3BF70D5D

Buy Now
Questions 20

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.

Options:

Buy Now
Questions 21

You are asked to configure a main account in Dynamics 365 Finance.

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.

Options:

Buy Now
Questions 22

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

Buy Now
Questions 23

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

Buy Now
Questions 24

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.

Options:

Buy Now
Exam Code: MB-310
Exam Name: Microsoft Dynamics 365 Finance
Last Update: Jan 22, 2022
Questions: 183

PDF + Testing Engine

$81  $179.99

Testing Engine

$72  $159.99
buy now MB-310 testing engine

PDF (Q&A)

$63  $139.99
buy now MB-310 pdf