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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.

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

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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Stevie
18 days ago
Exactly, fiscal calendars are used for financial transactions and budget cycles.
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Dudley
19 days ago
E) shift work hours
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Johnathon
20 days ago
D) budget cycles
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Delfina
21 days ago
A) financial transactions
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Kandis
22 days ago
I agree, fixed asset depreciation is related to the asset's useful life, not the fiscal calendar.
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Leandro
25 days ago
C) fixed asset depreciation
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Gertude
28 days ago
B) budget cycles
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Marget
2 months ago
A) financial transactions
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Brent
3 months ago
I agree with Shawna, fiscal calendars help in tracking budget cycles as well.
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Shawna
3 months ago
I think fiscal calendars are important for financial transactions.
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