MB-310 Relevant Answers - MB-310 New Soft Simulations

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| Section | Objectives |
|---|
| Manage accounts payable and receivable | - Accounts payable processes
- 1. Vendor management
- 2. Invoice processing and payments
- Accounts receivable processes
- 1. Invoicing and collections
- 2. Customer management
|
| Configure and use financial management | - Financial reporting
- 1. Budgeting and control
- 2. Financial statements configuration
- General ledger setup
- 1. Financial dimensions setup
- 2. Fiscal calendars and periods
- 3. Chart of accounts configuration
|
| Configure and manage tax | - Tax setup and configuration
- 1. Tax calculation and reporting
- 2. Sales tax setup
|
| Manage fixed assets | - Fixed asset lifecycle
- 1. Acquisition and depreciation
- 2. Disposal and revaluation
|
| 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 (Q94-Q99):
NEW QUESTION # 94
A company uses Dynamics 365 Finance.
The company requires two-way, net unit price matching for all vendors. The company also requires three-way matching for new vendors during observation periods.
You need to configure invoice matching and validation.
How should you complete the configuration?
To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation:

NEW QUESTION # 95
You need to determine the root cause for User1's issue.
Which configuration options should you check? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

NEW QUESTION # 96
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:

NEW QUESTION # 97
A client wants to ensure that transactions posted to the General Ledger have the correct combination of account number and dimensions.
The Services Industry P&L Account Structure has the following information:

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

Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-account-structures
NEW QUESTION # 98
You need to configure the fiscal year calendars for each legal entity.
How should you configure the fiscal year calendars? To answer, select me appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

NEW QUESTION # 99
......
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