Microsoft Dynamics 365 Finance Functional Consultant MB-310 Exam Practice Test

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Total 309 questions
Question 1

You need to ensure Trey Research meets the compliance requirement.

Which budget technology should you implement? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point



Answer : A, D


Question 2

A company uses Dynamics 365 Finance for expense and revenue deferral.

The company requires the deferral date to be on the first day of the month immediately after the transaction date.

You need to configure the default deferral start date.

Which configuration should you use?



Answer : B


Question 3

SIMULATION

You are a functional consultant for a legal entity named Contoso Group (GLCO).

You plan to sell new products that will increase in quality over time.

You need to implement a solution that uses the Last in, First out (LIFO) inventory model for GLCO.

To complete this task, sign in to the Dynamics 365 portal.



Answer : A

You need to configure an Inventory Model Group for the new products.

For inventory model groups, navigate to Inventory management | Setup | Inventory | Item model groups.

Click ''New'' to create a new inventory model group.

In the ''Cost method and cost recognition'' section, configure the ''Inventory Model'' setting to Last in, First out (LIFO).

Click ''Save'' to save the inventory model group.


Question 4

You need to configure the system to resolve User8's issue.

What should you select?



Answer : C


Question 5

You are the controller for an organization. The company purchased six service trucks. You observe that your accountant set up Fixed assets - vehicles in the wrong fixed asset group.

You need to achieve the following;

* Change the fixed asset group so that the existing fixed asset transactions for the original fixed asset are canceled and regenerated for the new fixed asset.

* Ensure that all value models for the existing fixed asset are created for the new fixed asset Any information that was set up for the original fixed asset is copied to the new fixed asset.

* Close the old fixed asset number in the old fixed assets group and create a new fixed asset number in the new fixed assets

group.

What should you do?



Answer : D


Question 6

You need to configure system functionality for pickle type reporting.

What should you use?



Answer : B


Question 7

You are configuring the Fixed assets module for a Dynamics 365 Finance and Operations environment,

You need to set up the basic configuration to create a fixed asset Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.



Page:    1 / 14   
Total 309 questions