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Microsoft MB-310 Practice Test - Questions Answers, Page 12

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Question 111

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DRAG DROP

You need to set up a process of tracking, recording, and analyzing costs associated with the products or activities of a nonmanufacturing organization.

You need to configure the prerequisite setup for the standard costing version for the current period.

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.


Microsoft MB-310 image Question 111 101602 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 111 101602 10052024010003000

Explanation:

References:

https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management/prerequisites-standard-costs

asked 05/10/2024
Katrina Allangba
40 questions

Question 112

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DRAG DROP

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.


Microsoft MB-310 image Question 112 101603 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 112 101603 10052024010003000

Explanation:

References:

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/indirect-taxes-overview

asked 05/10/2024
Malik Spamu
40 questions

Question 113

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HOTSPOT

A client wants to ensure that transactions posted to the General Ledger have the correct combination of account number and dimensions.

The Services Industry P&L Account Structure has the following information:

Microsoft MB-310 image Question 59 101604 10052024010003000000

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.


Microsoft MB-310 image Question 113 101604 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 113 101604 10052024010003000

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-account-structures

asked 05/10/2024
Lee Michael
40 questions

Question 114

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HOTSPOT

A rental service company with complex accrual requirements has accrual schemes set up in its implementation. They want to use defined accrual schemes to perform transactions.

You need to use an accrual scheme to create transactions for this company.

Which actions should you perform? To answer, select the appropriate configuration in the answer area.

NOTE: Each correct selection is worth one point.


Microsoft MB-310 image Question 114 101605 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 114 101605 10052024010003000
asked 05/10/2024
Eric Zarghami
51 questions

Question 115

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DRAG DROP

You are configuring a Dynamics 365 Finance environment for intercompany accounting. You create the following legal entities:

CompanyA

CompanyB

You need to configure intercompany accounting for both legal entities.

Which three 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.

NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.


Microsoft MB-310 image Question 115 101606 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 115 101606 10052024010003000

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/intercompany-accounting-setup

asked 05/10/2024
Ankit Singh
35 questions

Question 116

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DRAG DROP

You are a controller in an organization. You are identifying cost drivers to see how changes in business activities affect the bottom line of your organization. You need to assess cost object performance to analyze actual versus budgeted cost and how resources are consumed.

You need to demonstrate your understanding of cost accounting terminology.

Which component maps to the cost accounting terminology?

To answer, drag the appropriate component to the correct cost accounting terminology. Each source may be used once. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.


Microsoft MB-310 image Question 116 101607 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 116 101607 10052024010003000

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting

asked 05/10/2024
Kina Collins
37 questions

Question 117

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DRAG DROP

A customer implements Dynamics 365 Finance.

The customer observes that during foreign currency revaluation of the Accounts Receivable subledger, the results are not as expected.

You need to re-run the foreign currency revaluation of the Accounts Receivable subledger.

Which currency revaluation method should you use for each requirement? To answer, drag the appropriate methods to the correct requirements. Each method 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.


Microsoft MB-310 image Question 117 101608 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 117 101608 10052024010003000

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/cash-bank-management/foreign-currency-revaluation-accounts-payable-accounts-receivable

asked 05/10/2024
Vetti Paiyan
28 questions

Question 118

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HOTSPOT

You are asked to configure foreign currency revaluation in Dynamics 365 for Finance and Operations.

You are viewing the main accounts.

Microsoft MB-310 image Question 64 101609 10052024010003000000

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.


Microsoft MB-310 image Question 118 101609 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 118 101609 10052024010003000
asked 05/10/2024
Borja Arranz Palenzuela
38 questions

Question 119

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DRAG DROP

You are a consultant who is implementing Dynamics 365 Finance in your organization.

You need to set up currencies and exchange rates for a client.

Which three actions should you perform in sequence? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.


Microsoft MB-310 image Question 119 101610 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 119 101610 10052024010003000
asked 05/10/2024
Lucile Jeanneret
38 questions

Question 120

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HOTSPOT

You need to set up legal entity currencies and conversions in Dynamics 365 Finance.

You review the hierarchy for consolidation of multiple legal entities.

Microsoft MB-310 image Question 66 101611 10052024010003000000

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.


Microsoft MB-310 image Question 120 101611 10052024010003000
Correct answer: Microsoft MB-310 image answer Question 120 101611 10052024010003000

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/financial-consolidations-currency-translation

asked 05/10/2024
Gbolahan Olukole
29 questions
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