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Microsoft MB-310 is a certification exam that tests the knowledge and skills of candidates who want to become Microsoft Dynamics 365 Finance Functional Consultants. MB-310 exam is designed to measure the expertise of the candidates in the areas of finance, accounting, and business operations. Passing MB-310 Exam validates the candidate's ability to configure and implement finance and accounting solutions in Dynamics 365.

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Microsoft MB-310 Exam consists of multiple-choice questions that test the candidate's knowledge and understanding of various finance-related topics. Candidates are required to answer all the questions within a specific time frame. MB-310 exam is conducted online, and candidates can take it from anywhere in the world. MB-310 exam fee is affordable, making it accessible to individuals who want to advance their careers in finance.

Exam MB-310: Microsoft Dynamics 365 Finance

The content of this exam will be updated on August 27, 2021. Please download the skills measured document below to see what will be changing.

Candidates for this exam are Functional Consultants who analyze business requirements and translate those requirements into fully realized business processes and solutions that implement industry best practices. Candidates serve as a key resource in implementing and configuring applications to meet business requirements.

Candidates for this exam must have a fundamental understanding of accounting principles and financial operations of businesses including accounts payables and accounts receivables, taxes, costing principles, fixed assets, and budgeting.

Part of the requirements for: Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

Download exam skills outline

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q14-Q19):

NEW QUESTION # 14
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 eht desired workflow stage Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation


NEW QUESTION # 15
You need to validate the sales tax postings for Tennessee and Alabama.
Which tax selections meet the requirement? To answer. select the appropriate options in the answer area NOTE: Each correct selection is worth one point.

Answer:

Explanation:


NEW QUESTION # 16
You are the purchase manager of an organization. You purchase a laptop for your office for $2,000. You plan to create a purchase order and acquire the new fixed asset through the purchase order at time of invoicing.
You set up the system as follows: Fixed assets are automatically created during product receipt or vendor invoice posting and the capitalization threshold for the computers group (COMP) is set to $1,600.
You need to automatically create a fixed asset record when you post an acquisition transaction for the asset after you post the invoice.
How should you configure the fixed asset parameters to meet the criteria? To answer, select the appropriate option in the answer area.
NOTE: Each correct selection is worth one point.

Answer:

Explanation:


NEW QUESTION # 17
A company is implementing Dynamics 365 Finance.
The company purchases fixed assets using a purchase order. The company must post tax-specific transactions related to the fixed assets so the transactions can be reported separately.
You need to configure the system.
What 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 configuring the Fixed assets module for a Dynamics 365 Finance environment.
You need to set up the basic configuration to create a fixed asset.
Which three settings are required? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

Answer: A,B,C

Explanation:
Explanation/Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/fixed-assets/tasks/create-fixed- asset


NEW QUESTION # 19
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