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Exam Topics MB-310 Pdf | MB-310 Valid Exam Objectives
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Exam Overview
The Microsoft MB-310: Microsoft Dynamics 365 Finance exam is available in the English language and the candidates have to pay the fee of $165 to take it. Although Microsoft does not disclose its details, the students can expect between 40 and 60 questions covering a range of topics. The time allowed for the test is 120 minutes.
To prepare for the Microsoft MB-310 exam, individuals should have a strong understanding of financial management principles, as well as experience working with Dynamics 365 Finance. Microsoft recommends that individuals take the Finance and Operations Apps Solution Architect or the Dynamics 365 Finance Functional Consultant Associate certification before taking the MB-310 Exam. Additionally, Microsoft offers a range of training courses and resources to help individuals prepare for the exam, including instructor-led training, e-learning courses, and certification exam prep sessions.
Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q247-Q252):
NEW QUESTION # 247
A client needs guidance on month-end closing procedures.
The client needs to be able to stop all teams except Accounts payable and General ledger from posting transactions for the month.
You need to configure Dynamics 365 Finance to allow only those two teams to transact during the period being closed.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
- A. Create an access group called for Accounts payable and General ledger team members.
- B. Assign the security group month end access on the ledger calendar form for the modules they need access to.
- C. Configure the financial period close workspace tasks to the Accounts payable and General ledger teams only
- D. Move the period status to on hold for your client's one legal entity.
- E. Set all modules to none to prevent any transactions from being posted.
Answer: A,B,C
NEW QUESTION # 248
You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allo
NEW QUESTION # 249
You manage customer credit and collections in a Dynamics 365 Finance implementation.
At the beginning of each month, you must send collection letters to customers whose payments are overdue.
You need to configure the collection letter functionality.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
1 - Define the collection letter sequence.
2 - Link the collection letter sequence to...
3 - Post the collection letter.
4 - Generate the collection letter.
NEW QUESTION # 250
A company uses basic budgeting functionality in Dynamics 365 Finance.
The company requites an approval process for budget register entries. The company wants to add fixed asset depreciation expenses to its budget register entry. The depreciation expense must be automatically calculated.
You need to configure the necessary components in the system.
Which components should you configure?
To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 251
A client has Accounts payable invoices in their legg entity in three different currencies. It is month-end, and the client needs to run the foreign currency revaluation process to correctly understand their currency exposure.
You need to set up Dynamics 365 for Finance and Operations to perform foreign currency revaluation, In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
Answer:
Explanation:
Explanation:
NEW QUESTION # 252
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