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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?
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?
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 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.
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?

Question 264 - MB-310 discussion

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You are the controller of a multi-entity organization that uses the same chart of accounts and fiscal periods across all entities. You use the financial report designer in Dynamics 365 Finance to create, maintain, deploy, and view financial statements.

You need to generate consolidated financial statements by using a building block group to aggregate data across companies and financial dimensions.

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

NOTE: Each correct selection is worth one point.

A.

Create a column definition that includes a financial dimension column for each company.

Answers
A.

Create a column definition that includes a financial dimension column for each company.

B.

Create a column definition and use the period and year to map the appropriate periods for each company.

Answers
B.

Create a column definition and use the period and year to map the appropriate periods for each company.

C.

Create a row definition that includes all appropriate accounts in all companies in the rows.

Answers
C.

Create a row definition that includes all appropriate accounts in all companies in the rows.

D.

Create a reporting tree that includes a reporting node for each company.

Answers
D.

Create a reporting tree that includes a reporting node for each company.

E.

Use the Reporting Unit field to select the tree and reporting unit for each column.

Answers
E.

Use the Reporting Unit field to select the tree and reporting unit for each column.

Suggested answer: A, C, D
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asked 05/10/2024
Wissam Aoun
38 questions
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