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Microsoft MB-310 Exam - Topic 5 Question 49 Discussion

Posted by Serina on May 03, 2022 at 08:57 AM

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

A customer uses Dynamics 365 Finance.

The controller notices incorrect postings to the ledger entered via journal.

The system must enforce the following:

Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional.

Revenue accounts (4000-4999) require department and division and allow project and customer dimensions.

Liability accounts (2000-2999) should not have any dimensions posted.

Expense account (6999) requires department, division, project and customer dimensions with all transactions.

You need to configure the account structure to meet the requirements.

Solution:

Configure one account structure with department, division, project and customer dimensions.

Configure asterisks in all columns for Expense accounts (6000-6999), Revenue accounts (4000-4999), and Liability accounts (2000-2999).

Does the solution meet the goal?

Suggested Answer: B

As asterisk in all dimension columns would mean that a value must be configured for all dimensions.


https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-account-structures

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11 comments · newest first
JE
Jesus 12 months ago
I doubt this will work as intended; it feels too generic.
FR
France 12 months ago
Asterisks for everything? That sounds overly complicated.
GR
Gretchen 1 year ago
Wait, so all accounts get the same structure? That seems off.
YO
Yolando 1 year ago
Totally agree, it misses the mark on liability accounts!
LE
Letha 1 year ago
The solution doesn't enforce the specific requirements for each account type.
SA
Sanda 1 year ago
From what I studied, each account type has unique dimension requirements, so I feel like this solution oversimplifies it.
ME
Mee 1 year ago
I'm a bit uncertain about the asterisks for all columns; it seems like it could lead to incorrect postings for liability accounts.
NO
Nohemi 1 year ago
I remember a similar practice question where we had to configure dimensions based on account types, and it was crucial to follow those specific rules.
DE
Deeanna 1 year ago
I think the solution might not meet the goal because it doesn't specify the requirement for liability accounts to have no dimensions.
JA
Janey 1 year ago
I'm a bit confused by the wording of this question. What exactly do they mean by "foe failures and future mishaps"? I want to make sure I understand the context before I choose an answer.
WI
Wilson 1 year ago
I'm leaning towards Demand Forecasting and Purchase Requisitions. Forecasting demand is key, and then using purchase requisitions to initiate the purchasing process seems like it would fit the requirement of "determining when to purchase new inventory."
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