Microsoft Microsoft Certifications MB-310 Questions & Answers

• Question 121:

  HOTSPOT

  A company has delinquent customers.

  You need to configure Dynamics 365 Finance to meet the following requirements:

  Send communication to the customers detailing their past-due invoices.

  Use the system to automatically calculate a late charges.

  Create a group of customers for a collection agent to monitor.

  View a list of customers with colored indicators of a customer's payment status.

  You need to associate the correct system functionality to manage delinquent customers based on these business requirements.

  Which functionality 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/accounts-receivable/tasks/review-collections-information

• Question 122:

  HOTSPOT

  A client confirms a sales order in Dynamics 365 Finance.

  You are viewing the confirmed sales order.

  

  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 123:

  HOTSPOT

  

  You are asked to configure the method of payments for vendors.

  You are viewing an Accounts payable method of payment.

  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 124:

  HOTSPOT

  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.

  Hot Area:

  

  Correct Answer:

  

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/financial-consolidations-currency-translation

• Question 125:

  HOTSPOT

  You create a financial dimension set named MA + DEPT + PROJ as shown in the following screenshot. The financial dimension set includes the following dimensions:

  Main Account Department Project

  

  Use the drop-down menu to select the answer choice that answers each question based on the information presented in the graphic.

  Hot Area:

  

  Correct Answer:

  

• Question 126:

  HOTSPOT

  A company is using vendors to produce components for its products.

  Journal types are not configured to support vendor invoices.

  You need to identify and configure journals to use for vendor invoices.

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

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer:

  

• Question 127:

  HOTSPOT

  You are asked to configure foreign currency revaluation in Dynamics 365 Finance.

  You are viewing the main accounts.

  

  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 128:

  HOTSPOT

  You must configure journal controls in Dynamics 365 Finance.

  

  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:

  

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  What is the function of this journal control?: Allow the use of the journal to all but specific company, account structure, and dimensions.

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  To which account type is the journal name restricted?: Payroll journal for ledger types https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/general-journal-processing

• Question 129:

  HOTSPOT

  You are setting up the process for an expense report approval in Dynamics 365 Finance.

  You need to assign permission for each participant in the workflow approval process to perform their tasks.

  Which action can each participant performTo answer, select the appropriate option in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer:

  

  References: https://docs.microsoft.com/en-us/dynamics365/unified-operations/fin-and-ops/organization-administration/workflow-actions

• Question 130:

  HOTSPOT

  You are setting up main accounts in Dynamics 365 Finance.

  You need to configure the main accounts to meet the requirements.

  Which options should you use? To answer, select the appropriate configuration in the answer area.

  NOTE: Each correct selection is worth one point.

  Hot Area:

  

  Correct Answer: