Home / Microsoft / MB-310

Microsoft MB-310 Practice Test - Questions Answers, Page 19

Question list

List of questions

Question 181

(0)

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 dep

Question 182

(0)

A company uses Microsoft Dynamics 365 finance to manage customer support contracts. You need to validate a revenue recognition schedule for a customer, in which two pages can you view the revenue

Question 183

(0)

A company uses Microsoft Dynamics 365 Finance. You create revenue allocation schedules for items. You need to link a revenue allocation schedule to an item. Which two pages should you use? Each co

Question 184

(0)

A client wants general journals to be used only to post ledger-type transactions. You need to set up journal configuration to achieve the requirement. Solution: Set up posting restrictions on the

Question 185

(0)

A client wants general journals to be used only to post ledger-type transactions. You need to set up journal configuration to achieve the requirement. Solution: Set up default offset account on th

Question 186

(0)

A client warns general journals to be used only to post ledger-type Transactions. You need to set up Journal configuration to achieve the requirement. Solution: Set up the journal control to speci

Question 187

(0)

Your company uses Dynamics 365 Finance All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered. Has the same service life, and uses the same deprecia

Question 188

(0)

A cable and interne t company implements Dynamics 365 Finance. The primary line of business for the company is internet services. The company also sells routers and modems to customers for an additi

Question 189

(0)

HOTSPOT You are implementing Dynamics 365 Finance. The company charges a convenience cost of $1S foe payments received from customers as an electronic fund transfer (EFT). The company also charges

Question 190

(0)

DRAG DROP A company uses basic budgeting functionality in Dynamics 365 Finance. A budget manager plans to review and approve budget register entries m the system. You need to set up approval work

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?

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.

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?

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.

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 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 181

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:

Show Answer Comment (0)

Question 182

A company uses Microsoft Dynamics 365 finance to manage customer support contracts.

You need to validate a revenue recognition schedule for a customer,

in which two pages can you view the revenue recognition schedule? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

an invoiced sales order

the revenue schedule details

the revenue schedules

an invoiced purchase order

The revenue recognition schedule

Show Answer Comment (0)

Question 183

A company uses Microsoft Dynamics 365 Finance. You create revenue allocation schedules for items.

You need to link a revenue allocation schedule to an item.

Which two pages should you use? Each correct answer presents a complete solution

NOTE: Each correct selection is worth one point.

Item posting profile

Charges group

Released item

item group

Revenue allocation journal

Show Answer Comment (0)

Question 184

A client wants general journals to be used only to post ledger-type transactions.

You need to set up journal configuration to achieve the requirement.

Solution: Set up posting restrictions on the general journal.

Does the solution meet the goal?

Yes

Show Answer Comment (0)

Question 185

A client wants general journals to be used only to post ledger-type transactions.

You need to set up journal configuration to achieve the requirement.

Solution: Set up default offset account on the journal name.

Does the solution meet the goal?

Yes

Show Answer Comment (0)

Question 186

A client warns general journals to be used only to post ledger-type Transactions.

You need to set up Journal configuration to achieve the requirement.

Solution: Set up the journal control to specify the account structure and ledger segment.

Does: The solution meet the goal?

Yes

Show Answer Comment (0)

Question 187

Your company uses Dynamics 365 Finance

All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered.

Has the same service life, and uses the same depreciation deduction calculation.

You need to configure the system.

Which two parameters should you set up? Each correct answer presents part of the solution

NOTL Each correct selection is worth one point.

appreciation convention

derived book

deprecation profile

fixed asset group

Show Answer Comment (0)

A cable and interne t company implements Dynamics 365 Finance. The primary line of business for the company is internet services. The company also sells routers and modems to customers for an additional one-time cost.

You need to configure revenue recognition.

What should you configure?

Create the router and modem sates to post to deferred revenue.

Configure the internet service as essential

Configure the internet service router, and modem as essential.

Create a revenue schedule for the internet service, router, and modem

Show Answer Comment (0)

Question 189

HOTSPOT

You are implementing Dynamics 365 Finance.

The company charges a convenience cost of $1S foe payments received from customers as an electronic fund transfer (EFT). The company also charges 10 percent interest on invoices that are not paid within the 30-day net terms.

You need to configure the system.

Which option should you configure? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.