Test MB-310 Practice | Pdf MB-310 Format

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Microsoft MB-310 certification exam is designed to validate the skills and knowledge of finance professionals who work with Microsoft Dynamics 365 Finance. Microsoft Dynamics 365 Finance Functional Consultant certification is intended for functional consultants who work with finance and accounting processes, and who have experience in implementing and configuring Microsoft Dynamics 365 Finance solutions. The MB-310 Exam covers a range of topics related to finance and accounting, including financial management, accounts payable and receivable, budgeting, and financial reporting.

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Like most of the other Microsoft evaluations, revision guides are important in the preparatory phase. While Microsoft does not have a list of required books for you when it comes to MB-310 prep, a ton of these has been designed to help you better understand the tested concepts. Some of these guides are found on Amazon:

Microsoft MB-310 Certification Exam is an excellent way for professionals to demonstrate their expertise in Dynamics 365 Finance. By passing the exam, candidates can demonstrate that they have the knowledge and skills needed to work as Dynamics 365 Finance functional consultants. Microsoft Dynamics 365 Finance Functional Consultant certification can also help professionals advance their careers and increase their earning potential. Overall, the Microsoft MB-310 certification exam is a valuable credential for anyone who wants to work in the field of financial management using Dynamics 365 Finance.

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q151-Q156):

NEW QUESTION # 151
A company implemented Dynamics 365 Finance less than The following business rules must be implemented to
* Operations must be allowed to exceed budge
* Marketing must receive warnings when the)
* Sales must not exceed its budget.
* All departments must have a calculation in in place to determine what they can spend.
* Budget funds do not need to be recorded in the general ledger.
You need to configure budget controls.
Which configuration option should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one points.

Answer:

Explanation:

Explanation


NEW QUESTION # 152
You manage customer credit and collections in a Dynamics 365 Finance implementation.
At the beginning of each month, you must send collection letters to customers whose payments are overdue.
You need to configure the collection letter functionality.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:

Explanation:

Explanation:


NEW QUESTION # 153
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 multiple legal entities set up in Dynamics 365 Finance. All companies and data reside in Dynamics
365 Finance.
The client currently uses a separate reporting tool to perform their financial consolidation and eliminations.
They want to use Dynamics 365 Finance instead.
You need to configure the system and correctly perform eliminations.
Solution: Create a separate company in which you manually create the eliminations. Then, use that company in Financial reporting or in the consolidation process.
Does the solution meet the goal?

Answer: A

Explanation:
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidation- elimination-overview


NEW QUESTION # 154
A rental service company hires you to configure their system to implement accrual schemes.
You need to configure the accrual schemes for this company.
Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:

Explanation:

Explanation


NEW QUESTION # 155
A company plans to create a new allocation rule for electric utilities expenses.
The allocation rule must meet the following requirements:
* Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various destination lines.
You need to configure the allocation rule.
Which allocation method should you use?

Answer: B

Explanation:
Explanation/Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/ledger-allocation- rules


NEW QUESTION # 156
......

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