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For the Microsoft Dynamics 365 Finance Functional Consultant (MB-310) web-based practice exam no special software installation is required. because it is a browser-based Microsoft Dynamics 365 Finance Functional Consultant (MB-310) practice test. The web-based Microsoft Dynamics 365 Finance Functional Consultant (MB-310) practice exam works on all operating systems like Mac, Linux, iOS, Android, and Windows. In the same way, IE, Firefox, Opera and Safari, and all the major browsers support the web-based Microsoft MB-310 Practice Test.
| Section | Objectives |
|---|
| Manage accounts payable and receivable | - Accounts payable processes
- 1. Invoice processing and payments
- 2. Vendor management
- Accounts receivable processes
- 1. Customer management
- 2. Invoicing and collections
|
| Manage fixed assets | - Fixed asset lifecycle
- 1. Disposal and revaluation
- 2. Acquisition and depreciation
|
| Configure and use financial management | - General ledger setup
- 1. Chart of accounts configuration
- 2. Financial dimensions setup
- 3. Fiscal calendars and periods
- Financial reporting
- 1. Budgeting and control
- 2. Financial statements configuration
|
| Configure and manage tax | - Tax setup and configuration
- 1. Sales tax setup
- 2. Tax calculation and reporting
|
| Manage cash and bank | - Bank account setup
- 1. Bank reconciliation
- 2. Cash flow management
|
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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q292-Q297):
NEW QUESTION # 292
You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact.
You need to assign the Vendor (external) role to this vendor.
Which tasks can this vendor perform?
- A. Request a new user account for a contact person by using the Provision user action.
- B. Maintain vendor collaboration invoices.
- C. Delete any contact person that they have created.
- D. View and modify contact person information, such as the person's title, email address, and telephone number.
Answer: B
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/procurement/set-up-maintainven
NEW QUESTION # 293

You are asked to configure the method of payments for vendors.
You are viewing an Accounts payable method of payment.
Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

NEW QUESTION # 294
You need to configure the budgeting module to meet Fourth Coffee's requirements.
Which configuration should you use for each task? To answer select the appropriate options in the answer m NOTE: Each correct selection is worth one point.

Answer:
Explanation:

NEW QUESTION # 295
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 for Finance and Operations. All companies and data reside in Finance and Operations.
The client currently uses a separate reporting tool to perform their financial consolidation and eliminations.
They want to use Finance and Operations 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:
Section: Manage and apply common processes
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidation- elimination-overview
NEW QUESTION # 296
A client has Accounts payable invoices in their legal entity in three different currencies. It is month-end, and the client needs to run the foreign currency revaluation process to correctly understand their currency exposure.
You need to set up Dynamics 365 Finance to perform foreign currency revaluation.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.

Answer:
Explanation:

Explanation:

NEW QUESTION # 297
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