The controller at a company has multiple employees who enter standard General ledger journals.The controller wants to review these journal entries before they are posted. Currently, journals entries are posted without review.You need to configure Dynamics 365 Finance to help set up a system led review process to meet the controller's needs.Which functionality should you configure?

a Ledger daily journal workflow that uses the organizational hierarchy for journal posting, associated with the General ledger

the controller's security role so that he has approval privileges for General ledger journals

an Advanced ledger entry workflow that uses the organizational hierarchy for journal posting, associated with the Advanced ledger journal name

a Ledger daily journal workflow that uses the organizational hierarchy for journal posting, associated with the General ledger

a manual journal approval with the journal assigned to the user group that the employees are assigned to

A company manufactures and installs air filtering units for industrial manufacturing plants.The air filtering units are manufactured to order. The com- 25 percent at the time of the sale- 50 percent when the unit is shipped- 25 percent when the unit is installedAdditionally, a three-year warranty is sold with covers.You need to configure revenue recognition.What should you do?

Create the revenue schedule so that it uses the contract terms

Create a reallocation posting for the warranty revenue.

Create a new revenue schedule for each unit.

Create the revenue schedule so that it uses the contract terms

Create one revenue schedule with milestones.

You use Dynamics 365 Finance. Your company offers cash discounts. The discounts are offered sequentially to specific customers. Customers must pay their invoices within a specified time period. The cash discounts are as follows:* 5D10% - Cash discount of 10 percent when the amount is paid within 5 days.* 10D5% - Cash discount of 5 percent when the amount is paid within 10 days.* 14D2% - Cash discount of 2 percent when the amount is paid within 14 days.Cash discounts can only be given if the payments are made within 10 days. You need to configure cash discounts. What should you do?

Delete the 14D2% cash discount code from the next discount code list value of 10D5%.

Create a new cash discount code of 14D10%.

Create a new cash discount code of 10D14%.

Delete the 14D2% cash discount code.

Delete the 14D2% cash discount code from the next discount code list value of 10D5%.

You need to configure budget planning for Alpine Ski House Corporate.Which two components should you configure? Each correct answer presents part of the solution.NOTE: Each correct selection is worth one point.

operational budget register entry IS

A client is implementing accounts receivable in Dynamics 365 Finance.You need to determine which requirements can be met by configuring the customer posting profile. Which three requirements can be met? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

Setting an interest code for a group of customers

Specifying a receivable account for certain customers

Setting the liquidity ledger account used for cash flow forecast

Setting an interest code for a group of customers

Specifying a receivable account for certain customers

Setting terms of payment for a group of customers

Setting the liquidity ledger account used for cash flow forecast

Specifying a revenue account for sales orders transactions

Microsoft MB-310 Practice Test 6 - Free Online Exam Prep & Questions

DRAG DROP

A company uses the basic budgeting functionality in Dynamics 365 Finance. You are creating the budget in the system for the upcoming fiscal year.

The company uses budget workflow approvals to process budget entries. The company plans to split a business unit named IT and Infrastructure into two business units: Business Applications and IT Infrastructure.

You need to create the budget for the two business units based on 1.5 Which four 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.

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Microsoft MB-310 Practice Test 6

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