Microsoft Exam MB-310 Topic 2 Question 102 Discussion

Actual exam question for Microsoft's MB-310 exam

Question #: 102
Topic #: 2

[All MB-310 Questions]

An organization is setting up cost accounting.

You need to set up fiscal calendars for Dynamics 365 for Finance and Operations.

What are three uses for fiscal calendars? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Astandard work hours

Bfinancial transactions

Cfixed asset depreciation

Dbudget cycles

Eshift work hours

Show Suggested Answer

Suggested Answer: B

by Felicitas at Sep 08, 2024, 01:40 PM

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Kasandra

2 months ago

Ah, the fiscal calendar - the holy grail of accountants! Of course, it's used for financial transactions and budget cycles. And don't forget the depreciation - gotta keep those assets in tip-top shape, am I right? Hey, maybe we can add 'snack breaks' as a fourth use, just to keep things interesting!

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Carmen

22 days ago

Adding 'snack breaks' as a use for fiscal calendars might not be a bad idea!

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Wilbert

24 days ago

Yes, fixed asset depreciation is another key use for fiscal calendars.

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Krystina

2 months ago

Financial transactions and budget cycles are definitely important uses for fiscal calendars.

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Latia

2 months ago

Haha, standard work hours and shift work hours? Really? Those are more related to HR policies, not cost accounting. I'm going with B, D, and C - financial transactions, budget cycles, and fixed asset depreciation.

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Carma

16 days ago

I think the organization should focus on setting up fiscal calendars for financial transactions, budget cycles, and fixed asset depreciation.

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Tricia

17 days ago

Yeah, standard work hours and shift work hours seem out of place for cost accounting.

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Ashleigh

24 days ago

I agree with you, financial transactions, budget cycles, and fixed asset depreciation are more relevant to cost accounting.

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Yuki

2 months ago

Agreed, B and D are clear winners here. As for the third one, I'd say C - fixed asset depreciation. The fiscal calendar helps determine the correct timing and amounts for asset depreciation, doesn't it?

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Lemuel

3 months ago

I believe fixed asset depreciation is also a key use for fiscal calendars.

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Isabelle

3 months ago

The fiscal calendar is definitely used for financial transactions and budget cycles. That's a no-brainer. But I'm not sure about fixed asset depreciation - wouldn't that be more related to the asset's useful life rather than the fiscal calendar?

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