Microsoft Microsoft Certifications MB-310 Questions & Answers

• Question 231:

  Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

  You are configuring collections in the Accounts Receivable module. You have configured members of the Accounts team as collection agents.

  Each collection agent will monitor different groups of customers. You need to define groups of customer accounts that can be displayed and managed for collections or aging processes by the collection agents.

  Which of the following should you configure?

  A. Customer groups

  B. Customer pools

  C. Customer aging snapshots

  D. Collection agent teams

  Correct Answer: B

• Question 232:

  Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

  You are configuring the Accounts Receivable module. Vendors often apply charges for certain items.

  You need to configure a maximum amount that is allowed for a charge. Invoice matching validation is enabled.

  Where should you configure the maximum charge amount?

  A. In a charge code.

  B. On the vendor record.

  C. In a budget control rule.

  D. In the vendor payment terms

  Correct Answer: A

• Question 233:

  You work as the Accounts Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

  You need to configure a payment proposal to make a payment to a vendor.

  Which of the following actions should you perform first?

  A. Create a payment proposal.

  B. Select the invoices to be paid.

  C. Create a payment journal record.

  D. Select the Create Payments option.

  E. Select the Generate Payment option.

  Correct Answer: C

• Question 234:

  A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Systems Administrator. Your role will include the management of the Dynamics 365 system.

  You have been asked by the Finance Manager to configure invoice matching validation to check for discrepancies between vendor invoices, purchase orders and product receipts.

  The configuration must meet the following requirements:

  1.

  Compare the unit price of the invoice to the unit price of the purchase order.

  2.

  Compare the invoice quantity to the matched product receipt quantity. Which of the following validation methods should you configure?

  A. Invoice totals matching

  B. Charges matching

  C. Two-way line level matching

  D. Three-way line level matching

  Correct Answer: D

• Question 235:

  Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

  Invoice matching validation has been configured. Multiple matching policies have been applied at different matching policy levels.

  When viewing the configuration, you discover that an item named Item1 supplied by a vendor named Vendor1 is affected by multiple matching policies applied at different levels.

  You need to determine which matching policy will be applied.

  Which of the following statements is true?

  A. The matching policy applied at the Item level will apply.

  B. The matching policy applied at the Vendor level will apply.

  C. The matching policy applied at the Legal entity level will apply.

  D. The matching policy applied at the Item and vendor level will apply.

  Correct Answer: D

• Question 236:

  A company has recently deployed Microsoft Dynamics 365 Finance. You have been hired as a Systems Administrator. Your role will include the management of the Dynamics 365 system.

  You have been asked by the Finance Manager to configure invoice matching validation to check for discrepancies between vendor invoices, purchase orders and product receipts.

  The configuration must meet the following requirements:

  1.

  Compare the invoice amount of the invoice to the purchase order.

  2.

  Compare the total discount of the invoice to the purchase order.

  3.

  Compare the sales taxes of the invoice to the purchase order Which of the following validation methods should you configure?

  A. Charges matching

  B. Two-way line level matching

  C. Invoice totals matching

  D. Three-way line level matching

  Correct Answer: C

• Question 237:

  You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system. The company consists of two legal entities.

  You need to configure account structures.

  Which two of the following statements are true?

  A. You can create multiple account structures per legal entity.

  B. Account structures cannot be reused across multiple legal entities.

  C. If you change an account structure, posted transactions are not affected.

  D. There is no limit to the number of segments in an account structure.

  Correct Answer: AC

• Question 238:

  Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

  The Finance Manager asks you to create a custom financial report. You plan to use Report Designer to configure the report.

  You need to identify the report components and their purposes.

  Which component defines the descriptive lines (for example, salaries or sales) on a report?

  A. Row definition

  B. Column definition

  C. Reporting tree definition

  D. Report definition

  Correct Answer: A

• Question 239:

  Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

  The Finance Manager asks you to create a custom financial report. You plan to use Report Designer to configure the report.

  You need to identify the report components and their purposes.

  Which component defines the period to use when data is extracted from the financial dimensions?

  A. Row definition

  B. Column definition

  C. Reporting tree definition

  D. Report definition

  Correct Answer: B

• Question 240:

  Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

  A company requirement states that all purchase orders for purchases under $500 must be approved by a line manager. All purchase orders for purchases over $500 must be approved by the Finance Manager.

  You are configuring workflow process in Dynamics 365 Finance to meet the purchase order approval requirements.

  You need to configure the permissions in the workflow.

  Which of the following actions should the ‘originator

  Correct Answer: C