Microsoft MB-310 Practice Test - Questions Answers, Page 26

HOTSPOT

A company implements Dynamics 365 Finance. The company has six departments for budget planning purposes.

The company is budget planning and requires the following scenarios:

* A previous year budgeted scenario will be generated by the finance department.

* The baseline scenario will be generated based on the previous year budget scenarios with some increase.

* A baseline scenario will be sent to each department to review.

* Department requested scenarios will be keyed in by a department manager based on their review of the baseline scenario.

* Department requested scenarios will be aggregated back to the finance department, so finance can see the total budget requested.

* Finance will approve the final budget in Department approved scenario.

You need to configure allocation schedules to populate a baseline column for each department in the review process. How should you configure budget planning? To answer, select the appropriate options in the answer area,

NOTE: Each correct selectin is worth one point.

A customer implements Dynamics 365 Finance and wants to use the recurring invoice feature for accounts receivable.

The recurring invoice template includes the start date and frequency. However, when the Generate recurring invoices job processes, invoices are not created despite the criteria being met.

You need to ensure that invoices are generated.

What should you do?

DRAG DROP

You are implementing Dynamics 365 Finance.

You must track freight charges, freight amounts must be included in the vendor invoice amount and the expense recorded in a ledger account defined for Freight.

You need to configure the Accounts payable charges.

How should you set up the charges? To answer, drag the appropriate posting type to the correct account type. Each posting 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.

HOTSPOT

A company wants to track balance sheet accounts 10000..39999 by using different dimensions than their profit and loss accounts 40000..99999. The company wants to track the Customer financial dimension for profit and loss accounts.

The company sets up the following structure:

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 implementing Dynamics 365 Finance.

You must configure a more accurate cash flow forecast related to sales tax. The sales tax calculation should be based on the expected transaction amounts and dates.

You need to configure the cash flow forecast.

Which setup should you use?

HOTSPOT

A customer implements Dynamics 365 Finance.

The customer needs to use the cost accounting module for the following:

* Track the square footage occupied at each of the customer's store locations.

* Track and categorize costs as primary or secondary.

* Classify costs as direct or indirect.

You need to configure the system.

Which configuration options should you use? To answer, select the appropriate options in the answer are a. NOTE: Each correct selection is worth one point.

You maintain account control and bank balances for a company. You have a $100,000 credit limit from a bank. You must prevent the bank account from going below the defined credit limit when a transaction is posted. You need to configure the bank account credit limit. What should you do?

You manage fixed assets using Microsoft Dynamics 365 Finance.

You need to define capitalization thresholds.

Which page should you use?

A company has implemented Dynamics 365 Finance.

The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance.

You need to configure the system to remit tax payments.

What should you do?