MB-310 Free Practice Questions — Page 13

Question 124

A company uses Microsoft Dynamics 365 Finance and Dynamics 365 Project Operations. The company must associate fixed assets with subprojects to track the money that the company spends to maintain assets. You need to configure subprojects to track the associated fixed asset transactions. Which two types of subprojects can you use? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

Question 125

DRAG DROP - A company that manufactures consumer electronics goods uses Microsoft Dynamics 365 Finance. You need to configure capitalization thresholds for products based on the following requirements: 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.

Question 126

HOTSPOT - You need to configure the expense module for reimbursement. How should you configure the expense module? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point. Hot Area:

Question 127

HOTSPOT - A company implemented Dynamics 365 Finance less than a year ago. A departments have exceeded their fiscal year budgets. The following business rules must be implemented to keep the company’s spending on budget. • Operations must be allowed to exceed budget. • Marketing must receive warnings when they are over budget. • Sales mast not exceed its budget. • All departments must have a calculation in place to determine what they can spend. • Budget funds do not need to be recorded in the general ledger. You need to configure budget controls. Which configuration option should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

Question 128

You are configuring revenue recognition reallocation processing in Microsoft Dynamics 365 Finance. You must recalculate revenue prices when the contract terms for a sale change. What are three characteristics of the revenue recognition reallocation process? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point

Question 129

You use Dynamics 365 Finance for daily bank reconciliation. You must use the BAI2 bank statement format. You need to configure the import bank statement format for the bank reconciliation process. What should you do?

Question 130

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet 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 client wants general journals to be used only to post ledger-type transactions. You need to set up journal configuration to achieve the requirement. Solution: Set up posting restrictions on the general journal. Does the solution meet the goal?

Question 131

The JAX sales tax group include the following tax codes: • Jacksonville • Duval CT • FL • FL Special 1 • FL Special 2 • FL Special 3 • FL Special 5 The default item sales tax group includes the following tax codes: • Jacksonville • Duval CT • FL • FL Special 1 • FL Special 2 • FL Special 3 • FL Special 4 • Lake Worth • Palm Beach CT You assign the JAX sales tax group as the sales tax group, and default item sales tax group on the sales order. You need to select the tax code used for tax calculation on the sales order. What should you choose?

Question 132

A company uses Microsoft Dynamics 365 Finance. You need to reclassify a fixed asset. Which three actions does the system perform when an asset is reclassified? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

Question 133

DRAG DROP - A company uses Dynamics 365 Finance for expense management. The company has multiple legal entities and multiple departments. Each department may have a different expense policy that may conflict with the legal entity expense policy. You need to configure prioritization of department expense policy over legal entity expense policy. Which three 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.