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Microsoft MB-310 Exam Questions

Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
Exam Code: MB-310
Related Certification(s):
  • Microsoft Dynamics 365 Certifications
  • Microsoft Dynamics 365 Finance Functional Consultant Associate Certifications
Certification Provider: Microsoft
Actual Exam Duration: 100 Minutes
Number of MB-310 practice questions in our database: 286 (updated: Oct. 27, 2024)
Expected MB-310 Exam Topics, as suggested by Microsoft :
  • Topic 1: Set up and configure financial management: This section covers effectively setting up the financial management module to improve financial functions.
  • Topic 2: Implement accounts receivable, credit, collections, and revenue recognition: This section covers the adoption of accounts receivable, managing credit, collection amounts, and the procedure of recognizing revenues and cash flows.
  • Topic 3: Implement and manage accounts payable and expenses: This section covers the comprehension of overseeing and administering accounts payable and expenses streamlining payments and monitoring expenses.
  • Topic 4: Manage budgeting: This section covers attaining skills related to managing the budgeting process to ensure financial planning and control.
  • Topic 5: Manage fixed assets: This section of the exam covers managing fixed assets, acquiring them, their wear and tear, replacement, and maintaining financial records.
Disscuss Microsoft MB-310 Topics, Questions or Ask Anything Related

Brittney

13 days ago
Exam success! Thanks Pass4Success! Be prepared for scenario-based questions on setting up and using budgeting tools in Dynamics 365 Finance. Understanding budget control is crucial.
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Reiko

15 days ago
I am thrilled to have passed the Microsoft Dynamics 365 Finance Functional Consultant exam, and the Pass4Success practice questions were a big help. One challenging question involved managing budgeting and fixed assets, specifically the process for setting up budget control rules. I wasn't completely confident in my answer, but it worked out.
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Pamella

25 days ago
Wow, MS Dynamics 365 Finance certification achieved! Pass4Success questions were incredibly relevant. Grateful for the efficient study resources.
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Loreen

28 days ago
Just passed the Microsoft Dynamics 365 Finance Functional Consultant exam! So grateful to Pass4Success for their relevant practice questions. Watch out for questions on configuring financial periods - know how to set them up and manage closings.
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Maryrose

29 days ago
Passing the Microsoft Dynamics 365 Finance Functional Consultant exam was a great achievement for me, thanks to the practice questions from Pass4Success. There was a tricky question about implementing accounts receivable, particularly on how to set up customer payment schedules. I had to think hard about the correct configuration.
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Juan

1 months ago
Passed the exam with flying colors! Pass4Success really helped me prepare efficiently. Final tip: Master the financial dimensions and how they impact reporting across all modules.
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Izetta

2 months ago
I recently passed the Microsoft Dynamics 365 Finance Functional Consultant exam, and I must say, the Pass4Success practice questions were incredibly helpful. One question that stumped me was about setting up and configuring financial management, specifically regarding the steps to configure the chart of accounts. I wasn't entirely sure about the sequence, but I managed to get through it.
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Dominque

2 months ago
Just passed the Microsoft Dynamics 365 Finance exam! Pass4Success materials were spot-on. Thanks for the quick prep!
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Desmond

2 months ago
I successfully passed the Microsoft Dynamics 365 Finance Functional Consultant exam with the help of Pass4Success practice questions. The exam covered topics like financial management setup and revenue recognition. One question that I found challenging was related to collections management, but I was able to make an educated guess and pass the exam.
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Goldie

3 months ago
My exam experience was great as I passed the Microsoft Dynamics 365 Finance Functional Consultant exam using Pass4Success practice questions. The exam included questions on configuring financial management and managing accounts receivable. One question that stood out to me was about credit management, but I was able to answer it correctly and pass the exam.
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Ilene

3 months ago
Just passed the Microsoft Dynamics 365 Finance Functional Consultant exam! Expect questions on configuring the general ledger. You might need to set up financial dimensions or create account structures. Study the chart of accounts thoroughly. The exam also covers accounts payable workflows - be prepared to configure approval processes. Finally, brush up on financial reporting tools and how to create custom reports. Thanks to Pass4Success for the spot-on practice questions that helped me prepare quickly!
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Chantay

4 months ago
Just passed the Microsoft Dynamics 365 Finance Functional Consultant exam! Watch out for questions on configuring and managing financial periods - they often ask about fiscal year setups and period close processes. Make sure you understand the steps involved in each. Big thanks to Pass4Success for their spot-on practice questions that helped me prepare efficiently!
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Karan

4 months ago
I recently passed the Microsoft Dynamics 365 Finance Functional Consultant exam with the help of Pass4Success practice questions. The exam covered topics such as setting up financial management and implementing accounts receivable. One question that I was unsure of was related to revenue recognition, but I managed to pass the exam successfully.
upvoted 0 times
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Antonio

5 months ago
Alex Thompson
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Free Microsoft MB-310 Exam Actual Questions

Note: Premium Questions for MB-310 were last updated On Oct. 27, 2024 (see below)

Question #1

You create a parent budget for the next fiscal year of a parent company. The parent company is configured as its own legal entity.

Franchises are configured as separate legal entities. The parent company sets the budget for each franchise based on the past year's performance.

Ledger allocation rules, periods allocation keys, and budget allocation terms have not been created. Budget line items must be allocated to the budget for each franchise.

You need to ensure the franchise budgets are allocated.

What should you do?

Reveal Solution Hide Solution
Correct Answer: A

Question #2

A company uses Microsoft Dynamics 365 Finance. The company purchases, creates, and acquires fixed assets by using purchase orders.

The system must acquire the fixed asset when a vendor invoice is posted.

You need to process the transaction.

What should you do?

Reveal Solution Hide Solution
Correct Answer: B

Question #3

You have implemented Dynamics 365 finance.

You must update the fiscal year to a 4-4-5 quarterly configuration.

You need to configure the fiscal year.

What should you do?

Reveal Solution Hide Solution
Correct Answer: C

Question #4

You are configuring taxes in Dynamics 365 Finance for a client.

You need to configure the sales taxes to post to the expense account.

Where should you configure the sales tax percentage?

Reveal Solution Hide Solution
Correct Answer: D

Question #5

A company plans to implement Dynamics 365 Finance. The company manages a high volume of customers. The finance team wants to enable the following capabilities for each set of customers:

* Create sales budgets.

* Generate trade statistics such as weekly sales.

* Define ledger posting.

* Define terms of payment.

You need to select functionality that defines clusters of customers.

Which configuration should you select?

Reveal Solution Hide Solution
Correct Answer: D


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