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Microsoft MB-310 Exam Sample Questions


Question # 1

A rental service company with complex accrual requirements has accrual schemes set up
in its implementation. They want to use defined accrual schemes to perform transactions.
You need to use an accrual scheme to create transactions for this company.
Which actions should you perform? To answer, select the appropriate configuration in the
answer area.
NOTE: Each correct selection is worth one point.





Question # 2

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 has one legal entity, two departments, and two divisions. The client is implementing
Dynamics 365 Finance. The departments and divisions are set up as financial dimensions.
The client has the following requirements:
Only expense accounts require dimensions posted with the transactions.
Users must not have the option to select dimensions for a balance sheet account.
You need to configure the ledger to show applicable financial dimensions based on the
main account selected in journal entry.
Solution: Configure two account structures: one for expense accounts and include
applicable dimensions, and one for balance sheet and exclude financial dimensions.
Does the solution meet the goal?

A.

Yes

B.

No



A.

Yes


Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-accountstructures





Question # 3

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 criteria? To answer,
select the appropriate option in the answer area.
NOTE: Each correct selection is worth one point.





Question # 4

You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to apply a constant currency exchange rate to calculate the reporting currency
value of fixed assets.
To complete this task, sign in to the Dynamics 365 portal.

Answer: See explanation below.
Explanation:
The currency Translation Type needs to be set to Current. This option uses the last rate
on or before the period specified in the report regardless of what the exchange rate was at
the time of purchase for each asset.
Navigate to General Ledger > Chart of Accounts > Accounts > Main Accounts.
Select the Financial Reporting account.
In the Reporting currency exchange rate type, select Current from the drop-down
list.
Click Save to save the changes.
Question No : 32 CORRECT TEXT - (Topic 4)
Microsoft MB-310 : Practice Test
34





Question # 5

Users are posting project transactions and bank transactions incorrectly in the General
journal. The client wants to prevent this from happening in the future
You need to configure Dynamics 365 for Finance and Operations to limit the account type
transactions to only ledger.
What should you do?

A.

Use advanced ledger entries to define the account types that can be used in the General ledger journal

B.

Create a journal template that has ledger as the account type and offset account type.

C.

Use journal control to specify which account types, are valid for the General ledger
journal.

D.

Configure the voucher series associated with this journal to allow only ledger account types.



A.

Use advanced ledger entries to define the account types that can be used in the General ledger journal





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