Microsoft
MB-310 Exam
Microsoft Dynamics 365 for Finance and Operations Financials Exam
Questions & Answers (Demo Version)
https://dumpslibrary.com/microsoft-mb-310-pdf-dumps/
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MB-310 Exam
Microsoft Dynamics 365 Finance Exam
Questions & Answers
Demo
,Questions & Answers PDF Page 2
Version: 9.2
Question: 1
A company plans to create a new allocation rule for electric utilities expenses. The allocation rule
must meet the following requirements:
* Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various destination
lines.
You need to configure the allocation rule. Which allocation method should you use?
A. Fixed percentage
B. Equally
C. Basis
D. Fixed weight
Answer: C
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-
ledger/ledger-allocation-rules
Question: 2
HOTSPOT
A client plans to use the cost accounting module in Dynamics 365 for Finance and Operations. You
need to associate the correct definitions to the correct cost accounting concepts. Which terms match
the definitions? To answer, select the appropriate configuration in the answer are3. NOTE: Each
correct selection is worth one point.
,Questions & Answers PDF Page 3
Answer:
,Questions & Answers PDF Page 4
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-
accounting/terms-cost-accounting
Question: 3
A company provides employee life insurance to all full-time employees. Employee life insurance
policies are paid twice a year to the insurance company. Transactions for current
employees must be recognized in the general ledger twice a month with an employee's pay.
Transactions for new employees must be recognized in the general ledger based upon the
employee's first pay date.
,Questions & Answers PDF Page 5
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the first
day of the fiscal year.
B. For current employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the
employee’s first pay date.
C. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the
employee’s first pay date.
D. For current employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the first
day of the fiscal year.
Answer: BD
Question: 4
You are configuring intercompany accounting for a multicompany enterprise. You need to set up: the
Due to and Due from accounts.
Which main account type should you use?
A. Expense
B. Asset
C. Balance sheet
D. Liability
E. Profit and loss
Answer: C
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-
ledger/intercompany-accounting-setup
Question: 5
DRAG DROP
You are a Dynamics 365 Finance and Operations functional consultant A legal entity processes and
settles vendor payments :on behalf of other legal entities in an organization.
You need to configure the centralized payment flow for the legal entity.
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.
, Questions & Answers PDF Page 6
Answer:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-
management/set-up-centralized-payments
MB-310 Exam
Microsoft Dynamics 365 for Finance and Operations Financials Exam
Questions & Answers (Demo Version)
https://dumpslibrary.com/microsoft-mb-310-pdf-dumps/
BUY FULL PRODUCT HERE:
, Microsoft
MB-310 Exam
Microsoft Dynamics 365 Finance Exam
Questions & Answers
Demo
,Questions & Answers PDF Page 2
Version: 9.2
Question: 1
A company plans to create a new allocation rule for electric utilities expenses. The allocation rule
must meet the following requirements:
* Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various destination
lines.
You need to configure the allocation rule. Which allocation method should you use?
A. Fixed percentage
B. Equally
C. Basis
D. Fixed weight
Answer: C
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-
ledger/ledger-allocation-rules
Question: 2
HOTSPOT
A client plans to use the cost accounting module in Dynamics 365 for Finance and Operations. You
need to associate the correct definitions to the correct cost accounting concepts. Which terms match
the definitions? To answer, select the appropriate configuration in the answer are3. NOTE: Each
correct selection is worth one point.
,Questions & Answers PDF Page 3
Answer:
,Questions & Answers PDF Page 4
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-
accounting/terms-cost-accounting
Question: 3
A company provides employee life insurance to all full-time employees. Employee life insurance
policies are paid twice a year to the insurance company. Transactions for current
employees must be recognized in the general ledger twice a month with an employee's pay.
Transactions for new employees must be recognized in the general ledger based upon the
employee's first pay date.
,Questions & Answers PDF Page 5
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the first
day of the fiscal year.
B. For current employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the
employee’s first pay date.
C. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the
employee’s first pay date.
D. For current employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the first
day of the fiscal year.
Answer: BD
Question: 4
You are configuring intercompany accounting for a multicompany enterprise. You need to set up: the
Due to and Due from accounts.
Which main account type should you use?
A. Expense
B. Asset
C. Balance sheet
D. Liability
E. Profit and loss
Answer: C
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-
ledger/intercompany-accounting-setup
Question: 5
DRAG DROP
You are a Dynamics 365 Finance and Operations functional consultant A legal entity processes and
settles vendor payments :on behalf of other legal entities in an organization.
You need to configure the centralized payment flow for the legal entity.
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.
, Questions & Answers PDF Page 6
Answer:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-
management/set-up-centralized-payments
