Home / Microsoft / MB-310

Microsoft MB-310 Practice Test - Questions Answers

Question list

List of questions

Question 1

(0)

A client uses Dynamics 365 Finance for accounts receivable. You need to configure the method of payment to enforce the accounts receivable clerk to enter the wire number for the received electronic

Question 2

(0)

A company has many customers who are not paying invoices on time. You need to use the collection letter functionality to manage customer delinquencies. What are two possible ways to achieve the go

Question 3

(0)

A company plans to allocate revenue across occurrences by using recognition basis. Which recognition basis can you use?

Question 4

(0)

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You plan to run several reports in USMF that list all the write-off transactions. You need to replace the w

Question 5

(0)

DRAG DROP A client observes that some customers are late paying their invoices. The client wants to use the Credit and Collections functionality to send collection letters to customers. You need t

Question 6

(0)

HOTSPOT A company sells goods to a customer. You enter an invoice for the customer on June 25. The invoice is eligible for a cash discount of two percent if it is paid in five days, and a discount

Question 7

(0)

HOTSPOT A private sector client needs item groups set up to support the procurement process. The Audio Item group posting for a purchase order is configured as shown: Use the drop-down menus to

Question 8

(0)

HOTSPOT A company has delinquent customers. You need to configure Dynamics 365 for Finance and Operations to meet the following requirements: Send communication to the customers detailing their p

Question 9

(0)

HOTSPOT A client confirms a sales order in Dynamics 365 for Finance and Operations. You are viewing the confirmed sales order. Use the drop-down menus to select the answer choice that answers e

Question 10

(0)

DRAG DROP An organization sells monthly service subscriptions. The organization sends invoices to customers on the 15th of every month in the amount of $450.00. You need to set up, configure, and

Related questions

HOTSPOT You must configure journal controls in Dynamics 365 for Finance and Operations. 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.

DRAG DROP You need to configure the system to meet invoicing requirement. 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 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.

A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements: Distribute overhead utility expense to each department. Define how and in what proportion the source amounts must be distributed on various destination lines. You need to configure the allocation rule. Which allocation method should you use?

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 tuck expenses over budget and revenue under budget. Solution: Define a budget model. Set active forecasting process to the current year forecast. Does the solution meet the goal?

DRAG DROP A company is implementing Microsoft Dynamics 365 Finance. The company plans to Implement the fixed asset module. You have the full awing requirements: • Post transactions to the tax depreciation hook at the same interval as the primary book. • Tax transactions must be journalized without being recorded in the general ledger. You need to configure the 'wet! asset books. Which conjuration option should you use? To , drag the appropriate urn figurations to the correct requirement. Each configuration may be used once, more than once, more 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. Answer:

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.

You are configuring account structures and advanced rules in Dynamics 365 Finance. All balance sheet accounts require Business Unit and Department dimensions. The Shareholder distribution account requires an additional dimension for Principal. You need to set up the account structures. What are two possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

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. A client has one legal entity, two departments, and two divisions. The client is implementing Dynamics 365 Finance. The departments and divisions are set up as financial dimensions. The client has the following requirements: Only expense accounts require dimensions posted with the transactions. Users must not have the option to select dimensions for a balance sheet account. You need to configure the ledger to show applicable financial dimensions based on the main account selected in journal entry. Solution: Configure two account structures: one for expense accounts and include applicable dimensions, and one for balance sheet and exclude financial dimensions. Does the solution meet the goal?

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to create a report that contains the sales tax settlements for the state of California during the quarter that began on January 1, 2017. To validate you results, save the file in Microsoft Excel format to the Downloads\Report folder. To complete this task, sign in to the Dynamics 365 portal.

SIMULATION You are a functional consultant for Contoso Entertainment System USA (USMF). You need to assign the Accountant closing role for the USMF legal entity to an employee named Theresa Jayne. To complete this task, sign in to the Dynamics 365 portal.

Question 1

A client uses Dynamics 365 Finance for accounts receivable.

You need to configure the method of payment to enforce the accounts receivable clerk to enter the wire number for the received electronic payment.

Which item should you set up as mandatory?

Select bank transaction type

Select payment reference

Select Payment ID

Select Deposit slip

Show Answer Comment (0)

Question 2

A company has many customers who are not paying invoices on time.

You need to use the collection letter functionality to manage customer delinquencies.

What are two possible ways to achieve the goal? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Cancel the collection letters after they are created and posted.

Print all of the collection letters.

Delete the collection letters after posting when an error occurs.

Post the collection letters.

Show Answer Comment (0)

Question 3

A company plans to allocate revenue across occurrences by using recognition basis.

Which recognition basis can you use?

Mid-month split

first of month

Monthly by dates

Monthly

Show Answer Comment (0)

Question 4

SIMULATION

You are a functional consultant for Contoso Entertainment System USA (USMF).

You plan to run several reports in USMF that list all the write-off transactions.

You need to replace the write-off reason used by the system for USMF to use a reason of "Bad debts.

To complete this task, sign in to the Dynamics 365 portal.

Show Answer Comment (0)

Question 5

DRAG DROP

A client observes that some customers are late paying their invoices. The client wants to use the Credit and Collections functionality to send collection letters to customers.

You need to configure the system to support collection letter functionality and processing.

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.

Show Answer Comment (0)

A company sells goods to a customer. You enter an invoice for the customer on June 25. The invoice is eligible for a cash discount of two percent if it is paid in five days, and a discount of one percent if it paid in 14 days.

You need to create a payment journal when the invoices are settled on specific dates.

Which setup options should you use? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Show Answer Comment (0)

Question 7

HOTSPOT

A private sector client needs item groups set up to support the procurement process.

The Audio Item group posting for a purchase order is configured as shown:

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.

Show Answer Comment (0)

Question 8

HOTSPOT

A company has delinquent customers.

You need to configure Dynamics 365 for Finance and Operations to meet the following requirements:

Send communication to the customers detailing their past-due invoices.

Use the system to automatically calculate a late charge.

Create a group of customers for a collection agent to monitor.

View a list of customers with colored indicators of a customer's payment status.

You need to associate the correct system functionality to manage delinquent customers based on these business requirements.

Which functionality should you use? To answer, select the appropriate configuration in the answer area.

NOTE: Each correct selection is worth one point.

Show Answer Comment (0)

Question 9

HOTSPOT

A client confirms a sales order in Dynamics 365 for Finance and Operations.

You are viewing the confirmed sales order.

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.

Show Answer Comment (0)

Question 10

DRAG DROP

An organization sells monthly service subscriptions. The organization sends invoices to customers on the 15th of every month in the amount of $450.00.

You need to set up, configure, and process recurring free text invoices for the customers.

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.

Show Answer Comment (0)

Total 276 questions

1 2 3 4 5

Go to page: of 28