Microsoft Microsoft Certifications MB-310 Questions & Answers

• Question 111:

  HOTSPOT

  You plan to implement Dynamics 365 Finance.

  You need to configure the system to meet the following requirements:

  1.

  Post vendor invoices in a journal.

  2.

  Create payments to vendors.

  3.

  Post headcount transactions.

  4.

  Process intercompany transactions.

  Which journal types should you useTo answer, select the appropriate configuration in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/ledger-journal-types

• Question 112:

  HOTSPOT

  You are creating a payment proposal that shows invoices that are eligible to be paid.

  You display the Accounts payable Payment proposal screen from the Accounts payable payment journal.

  

  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.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/create-vendor-payments-payment-proposal

• Question 113:

  HOTSPOT

  A client needs to configure Accounts payment vendor methods of payment to meet the following business requirements:

  1.

  Configure the electronic method of payment to create one electronic payment for all of the invoices due.

  2.

  Configure the system to ensure that all payments made with an electronic method of payment also forces the user to select which payment has been used. You display the Methods of payment setup screen.

  

  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.

  Hot Area:

  

  Correct Answer:

  

• Question 114:

  HOTSPOT

  A client is implementing the Budgeting module in Dynamics 365 Finance.

  You need to configure the correct budget control area to meet the client's requirements.

  1.

  Track budgeting control on purchase requisitions.

  2.

  Include unposted actual transactions in the calculation of the remaining budget for the period.

  3.

  Allow specific individuals to post transactions that exceed the budget.

  4.

  Specify main accounts that are subject to budget control, instead of selecting Main account as a dimension for budgeting.

  What should you configureTo answer, select the appropriate configuration in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-control-overview-configuration

• Question 115:

  HOTSPOT

  You are the purchase manager of an organization. You purchase a laptop for your office for $2,000. You plan to create a purchase order and acquire the new fixed asset through the purchase order at time of invoicing.

  You set up the system as follows: Fixed assets are automatically created during product receipt or vendor invoice posting and the capitalization threshold for the computers group (COMP) is set to $1,600.

  You need to automatically create a fixed asset record when you post an acquisition transaction for the asset after you post the invoice.

  How should you configure the fixed asset parameters to meet the criteriaTo answer, select the appropriate option in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/acquire-assets-procurement

• Question 116:

  HOTSPOT

  You need to configure invoice validation for vendors in Dynamics 365 Finance.

  You are viewing the Accounts payable parameter for Invoice validation.

  

  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.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/tasks/set-up-accounts-payable-invoice-matching-validation

• Question 117:

  HOTSPOT

  You are setting up a budget plan to accurately portray the projected budget for a company.

  You need to select the appropriate allocation method for data distribution.

  Which allocation methods should you useTo answer, select the appropriate configuration in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation

• Question 118:

  HOTSPOT

  A client is using Dynamics 365 Finance for sales order processing and accounts receivable. The client has two customer groups and two Accounts receivable trade accounts. Foreign customers in Group 80 are assigned to account 12001.

  Domestic customers in Group 40 are assigned to account 12000.

  You are viewing the client's current setup of Customer posting profiles.

  

  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.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/customer-posting-profiles

• Question 119:

  HOTSPOT

  You need to configure an Accounts payable charge for freight for a company. The company requires that the system include the freight amount in the invoice to be paid to the vendor and record the expense in main account 600120 – Freight In.

  

  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.

  Hot Area:

  

  Correct Answer:

  

• Question 120:

  HOTSPOT

  A company sells goods to a customer. You enter an invoice for the customer on June 25. The invoice is eligible for a cash discount of two percent if it is paid in five days, and a discount of one percent if it paid in 14 days.

  You need to create a payment journal when the invoices are settled on specific dates.

  Which setup options should you useTo answer, select the appropriate options in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer: