Microsoft Microsoft Certifications MB-310 Questions & Answers

• Question 201:

  A company uses Microsoft Dynamics 365 finance to manage customer support contracts.

  You need to validate a revenue recognition schedule for a customer, in which two pages can you view the revenue recognition scheduleEach correct answer presents a complete solution.

  NOTE: Each correct selection is worth one point.

  A. an invoiced sales order

  B. the revenue schedule details

  C. the revenue schedules

  D. an invoiced purchase order

  E. The revenue recognition schedule

  Correct Answer: AE

• Question 202:

  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 warns general journals to be used only to post ledger-type Transactions.

  You need to set up Journal configuration to achieve the requirement.

  Solution: Set up the journal control to specify the account structure and ledger segment.

  Does: The solution meet the goal?

  A. Yes

  B. No

  Correct Answer: A

• Question 203:

  You are using Microsoft Dynamics 365 finance

  You need to acquire a fixed asset.

  What are three possible ways to achieve the goalEach correct answer presents a complete solution

  NOTE: bath collect selection is worth one point.

  A. Select a fixed asset account type and transaction type acquisition in a general journal.

  B. Eliminate an investment project once it is finished

  C. Use a budget plan.

  D. Select a fixed asset procurement category on the purchase order line

  E. Use a sates invoice.

  Correct Answer: ABD

• Question 204:

  You are implementing Dynamics 365 Finance.

  Subledger entries must transfer automatically to the general lender.

  You need to configure a hatch transfer rule

  Which two options should you selectEach correct answer presents a complete solution NOTE: Each correct selection is worth one point

  A. Scheduled batch

  B. Scheduler job

  C. Batch jobs

  D. Asynchronous

  Correct Answer: BD

• Question 205:

  You are configuring Dynamics 365 for Finance and Operations,

  You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting definitions?

  A. Accounts payable, Bank. Budget Fixed assets, and Payroll

  B. Accounts payable, Accounts receivable, Budget, and Fixed, assets

  C. Accounts payable, Accounts receivable, Fixed assets, Payroll, and Purchasing

  D. Accounts payable, Accounts receivable. Bank. Budget, Payroll, and Purchasing

  Correct Answer: D

• Question 206:

  A company uses Microsoft Dynamics 365 Finance. You create revenue allocation schedules for items

  You need to link a revenue allocation schedule to an item.

  Which two pages should you useEach correct answer presents a complete solution

  NOTE: Each correct selection is worth one point.

  A. Item posting profile

  B. Charges group

  C. Released item

  D. item group

  E. Revenue allocation journal

  Correct Answer: CD

  On the Setup basis page, add a record for each item group that the item is supporting. When the revenue allocation occurs, the revenue price will be distributed across the essential and nonessential parts for the PCS item.

  Reference: https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-setup

• Question 207:

  An organization is setting up cost accounting.

  You need to set up fiscal calendars for Dynamics 365 for Finance and Operations.

  What are three uses for fiscal calendarsEach correct answer presents a complete solution.

  NOTE: Each correct selection is worth one point.

  A. standard work hours

  B. financial transactions

  C. fixed asset depreciation

  D. budget cycles

  E. shift work hours

  Correct Answer: BCD

  https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/fiscal-calendars- fiscal-years-periods

• Question 208:

  A company uses Microsoft Dynamics 365 Finance to manage fixed assets. The company uses laptops 'ex three years and then sells the laptops externally. You need 10 process laptop sales. What should you do?

  A. Create a fixed asset disposal journal

  B. Create a sales order tor the sale of the asset.

  C. Use a free text invoke to record the sale

  D. Use an inventory movement journal to record the disposal.

  Correct Answer: A

• Question 209:

  A client wants general journals to be used only to post ledger-type transactions.

  You need to set up journal configuration to achieve the requirement.

  Solution: Set up posting restrictions on the general journal.

  Does the solution meet the goal?

  A. Yes

  B. No

  Correct Answer: B

• Question 210:

  You plan to manage delinquent customers by monitoring the collection proess in Dynamics %5 Finance. You need to use the Collections list pane to monitor the collection process. What must you do first?

  A. Set up customer groups

  B. Age customer balances.

  C. Set up customer pouts.

  D. Update financials

  Correct Answer: C