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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
11 days 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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Krystina
10 hours ago
Financial transactions and budget cycles are definitely important uses for fiscal calendars.
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Latia
13 days 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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Yuki
16 days 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
28 days ago
I believe fixed asset depreciation is also a key use for fiscal calendars.
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Isabelle
30 days 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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Brent
1 months ago
I agree with Shawna, fiscal calendars help in tracking budget cycles as well.
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Shawna
1 months ago
I think fiscal calendars are important for financial transactions.
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