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Microsoft MB-310 Exam

Certification Provider: Microsoft
Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
Number of questions in our database: 226
Exam Version: Jun. 09, 2023
MB-310 Exam Official Topics:
  • Topic 1: Set Up And Configure Financial Management/ Implement And Configure Financial Modules
  • Topic 2: Configure Other Modules Including Cash And Bank Management And Budgeting/ Configure And Apply Accrual Schemes
  • Topic 3: Configure The Letter Of Credit And Letter Of Guarantee Templates/ Create And Configure Account Structures
  • Topic 4: Implement And Test Cost And Allocation Policies/ Demonstrate Use Of Cost Accounting Terminology
  • Topic 5: Implement Cost Accounting Processes/ Implement Inventory Costing Versions/ Implement And Test Advanced Features
  • Topic 6: Construct Fiscal Calendars, Years, And Periods/ Create And Process Ledger Allocation Rules/ Implement Posting Definitions
  • Topic 7: Configure Cash Flow Reports/ Set Up Intercompany Accounting/ Implement Item Groups/ Configure Financial Period Close
  • Topic 8: Define And Demonstrate Periodic Closing Processes And End-Of-Year Processes/ Demonstrate Regional Tax Reporting Capabilities
  • Topic 9: Create A Cost Accounting Report By Using The Cost Accounting Report Wizard/ Allocate Funds By Using Accounting Distributions
  • Topic 10: Perform Financial Consolidation/ Perform Bank Reconciliation/ Configure, Collect, And Report Taxes/ Implement And Test End-Of-Year Tax Reporting Perform Periodic Processes/ Configure Tax Components/ Prepare Periodic Filings

Free Microsoft MB-310 Exam Actual Questions

The questions for MB-310 were last updated On Jun. 09, 2023

Question #1

A company uses Dynamics 365 Finance to manage budgets.

You need to reallocate funds during the year.

Which budget code should you use?

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Question #2

A company implements baste budgeting functionality in Dynamics 365 Finance in multiple departments that belong to the same legal entity. Managers must be able to identify and track budgets by department You need to configure the system. What should you configure?

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Correct Answer: D

Question #3

A company implements basic budgeting functionality in Dynamics 36S Finance.

The company wants to allocate budget register entries for payroll expense amounts to each department based on a predetermined percentage.

You need to configure the allocation.

Which functionality should you use?

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Correct Answer: C

Question #4

You are using Microsoft Dynamics 365 finance

You need to acquire a fixed asset.

What are three possible ways to achieve the goal? Each correct answer presents a complete solution

NOTE: bath collect selection is worth one point.

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Correct Answer: A, B, D

Question #5

A client wants general journal to be used only to post ledger-type transactions.

You need to set up journal configuration to achieve the requirement.

Solution: Set up the journal control on the general to the account type of ledger.

Does the solution meet the goal?

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Correct Answer: A

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