TAKE Microsoft Dynamics 365 MB-310 PRACTICE QUESTIONS FOR AMAZING RESULTS
Microsoft MB-310 Exam Dumps Are Essential To Get Good Marks
NEW QUESTION # 157
A company makes frequent payments to its vendors by using various due dates and discounts.
You need to set up and create a vendor payment by using a payment proposal.
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.
Answer:
Explanation:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cash-bank-management/tasks/vendor-payment-overview
NEW QUESTION # 158
A public sector company is configuring encumbrance for managing capital budgets.
The finance department needs to configure posting definitions for bank transactions.
You need to configure Dynamics 365 for Finance and Operations for cash settlements.
What should you do?
- A. Configure general ledger year-end close
- B. Configure budget appropriations
- C. Configure advanced ledger entries
- D. Configure combined deposit amounts
Answer: D
Explanation:
Section: Topic 1, Set up and configure financial management
NEW QUESTION # 159
A client confirms a safes order in Dynamics 365 for Finance and Operations. You are viewing the confirmed sales order.
Answer:
Explanation:
Explanation
NEW QUESTION # 160
A legal entity has locations and customers in multiple states within the United States.
You need to ensure that taxable customers are charged sales tax for taxable items in their delivery location.
Which three settings must you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
- A. the Sales reporting codes
- B. the Terms of delivery setup
- C. the Item sales tax group on the Item record
- D. the Sales tax group on the Customer record
- E. the Sales tax codes
Answer: A,B,E
NEW QUESTION # 161
You are processing checks in Dynamics 365 Finance for a client.
You need to identify the outcome of the processed checks.
What is the check status for each scenario? To answer, drag the appropriate check statuses to the scenarios.
Each check status 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.
Answer:
Explanation:
Explanation
Graphical user interface, text, application Description automatically generated
NEW QUESTION # 162
A company uses Dynamics 36S Finance. The company is based in the United States and sells a product online.
The product is shipped to the United States, Canada, and Mexico. The product is sourced from Brazil Legal entities must be set up for each country/region. One ledger account must be used to track sales tax payable. You need to configure the system to track Use Tax.
Which two parameters should you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
- A. single sales tax code for Brazil
- B. single sales tax code for the United States
- C. tax code for each legal entity
- D. taxation rule
- E. ledger posting group
Answer: C,E
NEW QUESTION # 163
You need to configure an Accounts payable charge for freight for a company. The company requires that the system include the freight invoice to be paid to the vendor and record the expense in main account 600120 - Freight In.
Answer:
Explanation:
NEW QUESTION # 164
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 company is preparing to complete yearly budgets.
The company plans to use the Budget module in Dynamics 365 for Finance and Operations for budget management You need to create the new budgets.
Solution: Combine budgets from multiple legal entities to a master budget.
Does the solution meet the goal?
- A. Yes
- B. No
Answer: B
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-overview-configuration
NEW QUESTION # 165
A company needs to create budget plan templates for its budgeting process.
You need to create the budget plan templates.
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.
Answer:
Explanation:
Explanation:
NEW QUESTION # 166
A private sector client needs item groups set up to support the procurement process.
The Audio Item group posting for a purchase order is configured as shown:
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.
Answer:
Explanation:
NEW QUESTION # 167
A rental service company hires you to configure their system to implement accrual schemes.
You need to configure the accrual schemes for this company.
Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
NEW QUESTION # 168
You need to configure an Accounts payable charge for freight for a company. The company requires that the system include the freight invoice to be paid to the vendor and record the expense in main account 600120 - Freight In.
Answer:
Explanation:
Explanation
NEW QUESTION # 169
You need to configure currencies for the legal entities.
configure currencies? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 170
You are implementing a Dynamics 365 for Finance and Operations 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.
Answer:
Explanation:
Explanation:
NEW QUESTION # 171
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. * Navigate to Tax < Declarations < Report sales tax for settlement period.
* Enter the 'From' date.
* Select the settlement period (Quarter).
* Click 'OK'.
* Select the Downloads\Report folder and file format.
* Click 'OK'. - B. * Navigate to Tax > Declarations > Report sales tax for settlement period.
* Enter the 'From' date.
* Select the settlement period (Quarter).
* Click 'OK'.
* Select Yes in the Create electronic tax document field.
* Select the Downloads\Report folder and file format.
* Click 'OK'.
Answer: B
NEW QUESTION # 172
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?
- A. Basis
- B. Fixed percentage
- C. Fixed weight
- D. Equally
Answer: A
Explanation:
Section: Set up and configure financial management
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/ledger-allocation- rules
NEW QUESTION # 173
You need to set up legal entity currencies and conversions in Dynamics 365 Finance.
You review the hierarchy for consolidation of multiple legal entities.
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.
Answer:
Explanation:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/financial-consolidations-currency-translati
NEW QUESTION # 174
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 are managing credit and collections.
You need to set up mandatory credit limits for all customer documents.
Solution: Select the Balance + packing slip credit type in the Accounts receivable parameters form. Select the Mandatory credit limit check box in the Customers form.
Does the solution meet the goal?
- A. No
- B. Yes
Answer: B
NEW QUESTION # 175
A company plans to use Dynamics 365 Finance to calculate sales tax on sales orders.
You need to automatically calculate sales tax when the sales order is created.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
- A. Set up a default sales tax code on the customer used on the sales order and set up a default item sales tax group on the item being sold.
- B. Assign values to the sales tax codes and assign the sales tax codes to the sales tax group associated to the customer.
- C. Assign all sales tax codes to the item sales tax group associated to the item being sold.
- D. Set up a default item sales tax group on the item being sold and set up a default sales tax group on the customer used on the sales order.
- E. Associate the sales tax jurisdictions to the item sales tax group associated to the item being sold.
Answer: A,B,C
Explanation:
Explanation/Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/indirect-taxes-overview
NEW QUESTION # 176
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.
Answer:
Explanation:
Explanation
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/intercompany-accounting-setup
NEW QUESTION # 177
You need to set up legal entity currencies and conversions in Dynamics 365 Finance.
You review the hierarchy for consolidation of multiple legal entities.
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.
Answer:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/financial-consolidations-currency-translation
NEW QUESTION # 178
......
Microsoft MB-310 (Microsoft Dynamics 365 Finance Functional Consultant) Exam is an industry-recognized certification that validates the skills and knowledge of professionals who work with Microsoft Dynamics 365 Finance. Microsoft Dynamics 365 Finance Functional Consultant certification exam is designed for functional consultants who are responsible for implementing, configuring, and supporting Finance and Accounting applications in organizations. MB-310 exam is designed to test the candidate's knowledge of financial management, accounting, budgeting, and forecasting processes, and their ability to use Microsoft Dynamics 365 Finance to automate these processes.
Microsoft MB-310 exam is an essential certification for individuals who want to become Microsoft Dynamics 365 Finance Functional Consultants. Microsoft Dynamics 365 Finance Functional Consultant certification validates the candidate's skills and knowledge in various areas of finance and accounting, making them valuable assets to businesses looking to improve their financial operations. MB-310 exam is accessible, affordable, and can be taken online from anywhere in the world, making it a convenient option for individuals looking to advance their careers in finance.
Microsoft MB-310 certification exam is an essential step towards becoming a certified Dynamics 365 Finance Functional Consultant. MB-310 exam covers various topics related to finance and accounting, and passing it validates the candidate's skills and knowledge in the field. Becoming a certified finance consultant opens up various career opportunities in the field of finance, making it an excellent investment for professionals in this field.
Latest Microsoft MB-310 Dumps with Test Engine and PDF (New Questions): https://www.validdumps.top/MB-310-exam-torrent.html
Pass Your MB-310 Exam Easily - Real MB-310 Practice Dump Updated: https://drive.google.com/open?id=1j2v2BxKFtoA_PINy8jan7pEYZqQW886T