Microsoft MB-310 Exam - Topic 1 Question 112 Discussion

Actual exam question for Microsoft's MB-310 exam

Question #: 112
Topic #: 1

A client is implementing accounts receivable in Dynamics 365 Finance.

You need to determine which requirements can be met by configuring the customer posting profile. Which three requirements can be met? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

ASetting an interest code for a group of customers

BSpecifying a receivable account for certain customers

CSetting terms of payment for a group of customers

DSetting the liquidity ledger account used for cash flow forecast

ESpecifying a revenue account for sales orders transactions

Show Suggested Answer

Suggested Answer: C

by Huey at Jan 28, 2025, 03:35 AM

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Cyril

3 months ago

I thought specifying a revenue account was a must for sales orders.

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Ardella

3 months ago

Totally agree, the liquidity ledger account is not part of the posting profile.

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Cassandra

3 months ago

Wait, can you really set an interest code for a group of customers? Seems off.

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Curt

4 months ago

I think setting terms of payment is also covered.

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Stephane

4 months ago

You can definitely specify a receivable account for certain customers!

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Jolene

4 months ago

Setting the liquidity ledger account seems more related to cash management than accounts receivable. I don't think that one applies here.

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Evangelina

4 months ago

I remember that specifying a receivable account for certain customers was a key point in our practice questions. That should be one of the correct answers.

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Lisha

4 months ago

I'm not entirely sure about the interest code. I feel like we discussed it, but I can't remember if it falls under the customer posting profile or not.

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Elizabeth

5 months ago

I think setting terms of payment for a group of customers is definitely something we covered in class. It seems to fit the customer posting profile.

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Christa

5 months ago

This seems straightforward enough. The customer posting profile is where you configure things like interest codes, receivable accounts, and payment terms for customers. I'll go with those three options.

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Mickie

5 months ago

I'm a little confused by the options here. Some of them seem more related to general financial setup rather than the customer posting profile specifically. I'll need to double-check my understanding of that area.

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Maurine

5 months ago

Okay, I've got this. Setting an interest code, specifying a receivable account, and setting terms of payment - those are all things that can be configured in the customer posting profile. I'll select those three.

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Annamaria

5 months ago

Hmm, I'm a bit unsure about this one. The options seem to cover a range of different areas, so I'll need to carefully consider which ones are specifically related to the customer posting profile.

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Sol

5 months ago

This looks like a straightforward configuration question. I'll focus on the customer posting profile and think about which requirements can be met there.

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Elza

10 months ago

This is a classic Dynamics 365 Finance question. A, B, and C are the correct answers. I'm just glad they didn't ask about setting up a 'Perpetual Motion' ledger account for the cash flow forecast.

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Yan

9 months ago

Definitely. It's good to know the key requirements for accounts receivable implementation.

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Georgeanna

9 months ago

Yes, A, B, and C are the correct answers. It's important to understand how to set them up in Dynamics 365 Finance.

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Alease

9 months ago

Oh, I see. Those are the requirements that can be met by configuring the customer posting profile.

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Ollie

9 months ago

C) Setting terms of payment for a group of customers

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Lawrence

10 months ago

B) Specifying a receivable account for certain customers

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Fredric

10 months ago

A) Setting an interest code for a group of customers

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Earleen

10 months ago

Ah, the joys of configuring accounts receivable. Let's see, A, B, and C sound about right. I wonder if the client also wants to set up a 'Paid in Chicken Feathers' option for the terms of payment.

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Sommer

10 months ago

C) Setting terms of payment for a group of customers

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Maryanne

10 months ago

B) Specifying a receivable account for certain customers

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Rose

10 months ago

A) Setting an interest code for a group of customers

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Belen

10 months ago

Wait, did you say 'liquidity ledger account'? That's like trying to measure the wetness of water! Clearly, D is not the answer here.

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Frankie

11 months ago

I think A, B, and C are the right options. Setting an interest code, specifying a receivable account, and setting payment terms for a group of customers are all part of the customer posting profile configuration.

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Yuki

11 months ago

I believe option C is also important as it helps in setting terms of payment for a group of customers, which is crucial for managing accounts receivable efficiently.

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Candra

11 months ago

I agree with Malcom. Option B makes sense for customizing accounts receivable in Dynamics 365 Finance.

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Malcom

11 months ago

I think option B is correct because it allows you to specify a receivable account for certain customers.

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