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Microsoft Dynamics 365 Finance is a powerful tool that can help organizations manage their financial operations more efficiently. By becoming certified in MB-310, individuals can demonstrate their expertise in this application and increase their chances of landing a job as a Microsoft Dynamics 365 Finance Functional Consultant. Additionally, the certification can also lead to higher pay rates and career advancement opportunities.
Microsoft MB-310 exam is designed for individuals who want to become Microsoft Dynamics 365 Finance Functional Consultants. Microsoft Dynamics 365 Finance Functional Consultant certification exam measures the knowledge and skills required to perform functional tasks in Microsoft Dynamics 365 Finance. MB-310 Exam Tests the candidate's proficiency in configuring and using financial management, accounts payable and receivable, budgeting, and fixed assets in Microsoft Dynamics 365 Finance.
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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q16-Q21):
NEW QUESTION # 16
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.
Answer:
Explanation:
Explanation
NEW QUESTION # 17
A company uses basic budgeting functionality in Dynamics 365 Finance.
The company requites an approval process for budget register entries. The company wants to add fixed asset depreciation expenses to its budget register entry. The depreciation expense must be automatically calculated.
You need to configure the necessary components in the system.
Which components should you configure?
To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 18
You are implementing Dynamics 365 Finance.
The company charges a convenience cost of $1S foe payments received from customers as an electronic fund transfer (EFT). The company also charges 10 percent interest on invoices that are not paid within the 30-day net terms You need to configure the system Which option should you configure? To answer, select the appropriate options in the answer area NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
NEW QUESTION # 19
You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts, The company wants to import their bank statements.
You need to import electronic bank statements to reconcile the bank accounts.
Which three actions can you perform? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
- A. Select all the bank accounts for the bank statement files, and then upload all files
- B. Select Account reconciliation on the bank account form
- C. Select Import statement for multiple bank accounts in all legal entities, and then upload a zip file
- D. Import bank statements from the Data management workspace
- E. Navigate to Import statement on the Bank Statements page of Cash and Bank Management
Answer: B,C,E
Explanation:
References:
http://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/reconcile-b
NEW QUESTION # 20
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 calendars? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
- A. budget cycles
- B. standard work hours
- C. fixed asset depreciation
- D. financial transactions
- E. shift work hours
Answer: A,C,D
Explanation:
Explanation
References:
http://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/fiscal-calendars-fiscal-ye
NEW QUESTION # 21
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