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The MB-310 certification exam consists of multiple-choice questions that evaluate a candidate’s ability to configure and implement financial management processes in Microsoft Dynamics 365 Finance. MB-310 exam assesses the candidate's ability to perform tasks such as setting up and managing financial modules, creating and managing financial reports, configuring cash and bank management, and managing budgets. MB-310 Exam also tests the candidate's knowledge of compliance and security requirements related to financial management.

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Microsoft MB-310 certification exam is an essential step towards becoming a certified Dynamics 365 Finance Functional Consultant. MB-310 exam covers various topics related to finance and accounting, and passing it validates the candidate's skills and knowledge in the field. Becoming a certified finance consultant opens up various career opportunities in the field of finance, making it an excellent investment for professionals in this field.

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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q140-Q145):

NEW QUESTION # 140
You are implementing a Dynamics 365 for Finance and Operations General ledger module for a client that has multiple legal entities.
The client has the following requirements:
* Post journal entries for all companies from one legal entity.
* Configure automatic creation of due to/due from transactions based on when LegalEntityA transacts with LegalEntityB.
* Automatically split the dollar amount in half between DimensionA and DimensionB when the journal is posted.
* Set up fixed or variable allocations, and then review the allocations in a journal before posting,
* Automatically post year-end results to account 30016 during year-end close.
You need to configure the system.
Which system capability should you configure? To answer, select the appropriate configuration in the answer area.

Answer:

Explanation:

Explanation:


NEW QUESTION # 141
You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to create a report that contains the sales tax settlements for the state of California during the quarter that began on January 1, 2017. To validate you results, save the file in Microsoft Excel format to the Downloads\Report folder.To complete this task, sign in to the Dynamics 365 portal.

Answer:

Explanation:
See explanation below.
* Navigate to Tax > Declarations > Report sales tax for settlement period.
* Enter the 'From' date.
* Select the settlement period (Quarter).
* Click 'OK'.
* Select Yes in the Create electronic tax document field.
* Select the Downloads\Report folder and file format.
* Click 'OK'.


NEW QUESTION # 142
You need to configure the posting groups for Humongous insurance s subsidiary. Which ledger posting group field should you use?

Answer: D


NEW QUESTION # 143
You are creating a budget for an organization.
The organization requires that allocations be performed automatically as part of budget planning.
You need to invoke allocations at a specific budget planning stage.
Which three 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:

1 - Create an allocation schedule on the Budget planning configuration page
2 - Create a stage allocation on the Budget planning configuration page
3 - Add an automated task for budget planning storage allocation at the ,,,,, Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation


NEW QUESTION # 144
Manual entry of currency exchange rates must be discontinued. Currency exchange rates must use the current rate values provided by the European Central Bank. The exchange rate entries and updates must be automated.
You need to configure the system.
Which two options should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

Answer: A,B

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/import-currency-exchange-rates


NEW QUESTION # 145
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