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Free Microsoft MB-310 Sample Questions

Question 1

A client uses the standard trial balance in Dynamics 365 Finance.The client has the following requirements:ability to run the trial balance by main account, department, and divisionability to run the trial balance by just main account and departmentYou need to ensure that these options are visible in the trial balance report parameters.What should you configure?

A. ledger validation
B. financial dimensions for department and division
C. financial dimension sets
D. account structure

Answer: C

Question 2

A company uses Dynamics 365 Finance to manage budgets.You need to reallocate funds during the year.Which budget code should you use?

A. Carry-forward
B. Zero-based
C. Pre-encumbrance
D. Transfer

Answer: D

Question 3

An organization acquires a building. You need to register-and record the building as an asset building in Dynamics 365 Finance and Operations. What are three possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

A. Select an acquisition transaction type within a fixed asset journal.
B. Select an account type of Fixed Asset and a transaction type of Acquisition with a General Journal.
C. Use the sales order process to acquire the asset.
D. Eliminate the project to a fixed asset.
E. Create a sales invoice to record and register the fixed asset.

Answer: A,B,D

Question 4

You are a Dynamics 365 Finance consultant.You are currently unable to collaborate or track progress toward month-end close across legal entities in the current system.You need to resolve the issue.What should you configure?D18912E1457D5D1DDCBD40AB3BF70D5D

A. Financial reporting
B. Financial insights workspace
C. Electronic reporting
D. Financial period close workspace

Answer: D

Question 5

You are configuring budgeting components in Dynamics 365 for Finance and Operations.You need to configure multiple budgets.What are three budgeting options you can use? Each correct answer presents a complete solution.NOTE: Each correct selection is worth one point.

A. Cost management budget, including Production and Resource groups
B. Sales budget, including Campaigns and Events
C. Workforce budget, including Compensation groups and Positions
D. Project budget, including Items and Fees
E. Ledger budget, including Revenue and Expense types

Answer: C,D,E


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