ExamGecko
Login
Home / Microsoft / MB-310 / List of questions
Ask Question

Microsoft MB-310 Practice Test - Questions Answers, Page 16

List of questions

Question 151

Report
Export
Collapse

DRAG DROP

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.


Microsoft MB-310 image Question 151 101677 10052024010004000
Correct answer: Microsoft MB-310 image answer Question 151 101677 10052024010004000

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/tasks/create-purchase-agreement

asked 05/10/2024
Web Administrator
43 questions

Question 152

Report
Export
Collapse

HOTSPOT

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.


Microsoft MB-310 image Question 152 101695 10052024010004000
Correct answer: Microsoft MB-310 image answer Question 152 101695 10052024010004000

Explanation:

asked 05/10/2024
Andifon Etim
38 questions

Question 153

Report
Export
Collapse

You need to configure system functionality for pickle type reporting.

What should you use?

item model groups

item model groups

item groups

item groups

procurement category hierarchies

procurement category hierarchies

financial dimensions

financial dimensions

procurement categories

procurement categories
Suggested answer: B
asked 05/10/2024
Justin Kim
38 questions

Question 154

Report
Export
Collapse

You need to configure the regional distribution centers.

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

NOTE: Each correct selection is worth one point.

Configure a site

Configure a site

Associate the financial dimension to the site

Associate the financial dimension to the site

Configure a financial dimension

Configure a financial dimension

Configure a legal entity

Configure a legal entity

Associate the legal entity to the site

Associate the legal entity to the site
Suggested answer: A, B, C

Explanation:

Reference: https://exploredynamics365.home.blog/2020/10/05/ledger-allocations-in-microsoft-dynamics-365-finance-and-operations-part-1/ .

asked 05/10/2024
Jack de Cort
42 questions

Question 155

Report
Export
Collapse

HOTSPOT

You need to determine the root cause for User1's issue.

Which configuration options should you check? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.


Microsoft MB-310 image Question 155 101634 10052024010004000
Correct answer: Microsoft MB-310 image answer Question 155 101634 10052024010004000
asked 05/10/2024
Ramon Pasay
40 questions

Question 156

Report
Export
Collapse

DRAG DROP

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 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 156 101635 10052024010004000
Correct answer: Microsoft MB-310 image answer Question 156 101635 10052024010004000

Explanation:

Reference:

asked 05/10/2024
Harikrishnan Santhanadas
42 questions

Question 157

Report
Export
Collapse

You need to acquire the fixed assets that are associated with the purchase orders.

What should you do?

Select the fixed asset checkbox on the invoice.

Select the fixed asset checkbox on the invoice.

Create the fixed assets in the fixed asset module and then acquire the asset.

Create the fixed assets in the fixed asset module and then acquire the asset.

Create the fixed assets in the fixed asset module and then select the fixed asset checkbox on the product receipt.

Create the fixed assets in the fixed asset module and then select the fixed asset checkbox on the product receipt.

Reverse the product receipt and then repost it.

Reverse the product receipt and then repost it.
Suggested answer: A

Explanation:

Reference: https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/acquire-assets-procurement

asked 05/10/2024
AHOPlvaro Zorrilla
37 questions

Question 158

Report
Export
Collapse

You need to ensure that User9's purchase is appropriately recorded.

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

NOTE: Each correct selection is worth one point.

Select a fixed asset group at the line level.

Select a fixed asset group at the line level.

Set the new fixed asset toggle to yes at the line level.

Set the new fixed asset toggle to yes at the line level.

Enter three purchase order lines, enter quantity of 1.

Enter three purchase order lines, enter quantity of 1.

Enter one purchase order line, enter quantity of 3.

Enter one purchase order line, enter quantity of 3.

Select a financial dimension at the line level.

Select a financial dimension at the line level.
Suggested answer: A, B, C

Explanation:

Reference: https://www.columbusglobal.com/en-us/blog/how-to-purchase-a-fixed-asset-through-a-po-with-dynamics-365

asked 05/10/2024
Moraes, Jefferson
45 questions

Question 159

Report
Export
Collapse

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

What should you do?

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

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

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

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

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

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

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

Create a state-specific settlement period and assign the US tax vendor to the settlement period.
Suggested answer: D
asked 05/10/2024
Jordi Nogués
37 questions

Question 160

Report
Export
Collapse

You need to determine the cause of the issue that User1 reports.

What are two possible causes for the issue? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

The account structure is in draft status.

The account structure is in draft status.

The financial dimensions were created in the incorrect legal entity.

The financial dimensions were created in the incorrect legal entity.

User1's security is incorrectly set up.

User1's security is incorrectly set up.

The account structure has an asterisk for all dimensions.

The account structure has an asterisk for all dimensions.

The account structure has quotations for all dimensions.

The account structure has quotations for all dimensions.
Suggested answer: D, E

Explanation:

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

asked 05/10/2024
Khaled Fouad
33 questions
Total 276 questions
Go to page: of 28
Search
Open VPLUS File
Convert VPLUS to PDF

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.
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.
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:
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.
HOTSPOT You are implementing a Dynamics 365 Finance general ledger module for a client that has multiple legal entities. The client has the following requirements: Post journal entries for all companies from one legal entity. Configure automatic creation of due to/due from transactions based on when LegalEntityA transacts with LegalEntityB. Automatically split the dollar amount in half between DimensionA and DimensionB when the journal is posted. Set up fixed or variable allocations, and then review the allocations in a journal before posting. Automatically post year-end results to account 30016 during year-end close. You need to configure the system. Which system capability should you configure? To answer, select the appropriate configuration in the answer area. 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 one account structure for expense accounts and include applicable dimensions. Does the solution meet the goal?
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 one account structure. Configure an advanced rule for Liability accounts (2000-2999) not to display any dimensions when selected. Configure an advanced rule for Expense account (6999) to require customer. Configure the structure with all dimension fields containing quotations. Does the solution meet the goal?
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 default financial dimensions on expense accounts only. Does the solution meet the goal?
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?
HOTSPOT A company implemented Dynamics 365 Finance less than The following business rules must be implemented to - Operations must be allowed to exceed budge - Marketing must receive warnings when the) - Sales must not exceed its budget. - All departments must have a calculation in in place to determine what they can spend. - Budget funds do not need to be recorded in the general ledger. You need to configure budget controls. Which configuration option should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one points.