Microsoft MB-310 Exam Dumps

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets 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 customer uses Dynamics 365 Finance. The controller notices incorrect postings to the ledger entered via journal. The system must enforce the following:Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional.Revenue accounts (4000-4999) require department and division and allow project and customer dimensions.Liability accounts (2000-2999) should not have any dimensions posted.Expense account (6999) requires department, division, project and customer dimensions with all transactions.You need to configure the account structure to meet the requirements. Solution: Configure two account structures: one for liability accounts listing the (2000-2999) range with no following dimensions and one for Expense and Revenue accounts.For Expense accounts (6000-6998) and Revenue accounts (4000-4999), configure asterisks in all dimension columns.For Expense account (6999), configure asterisks in all dimensions. Configure an asterisk and quotes in the customer dimension.Does the solution meet the goal?   

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.You are managing credit and collections.You need to set up mandatory credit limits for all customer documents. Solution: Define a credit limit for each customer and select Mandatory credit limit check box on the Customers form. Does the solution meet the goal? it limit   

A company uses Dynamics 36S Finance. The company is based in the United States and sells a product online. The product is shipped to the United States, Canada, and Mexico. The product is sourced from BrazilLegal entities must be set up for each country/region. One ledger account must be used to track sales tax payable. You need to configure the system to track Use Tax.Which two parameters should you configure? Each correct answer presents part of the solution.NOTE: Each correct selection is worth one point. 

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.You are managing credit and collections.You need to set up mandatory credit limits for all customer documents.Solution: Select the Balance + packing slip credit type in the Accounts receivable parameters form. Select the Mandatory credit limit check box in the Customers form.Does the solution meet the goal?  

You plan to manage delinquent customers by monitoring the collection proess in Dynamics %5 Finance.You need to use the Collections list pane to monitor the collection process. What must you do first?

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets 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 customer uses Dynamics 365 Finance.notices incorrect postings to the ledger entered via journal.The system must enforce the following:Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional. Revenue accounts (4000-4999) require department and division and allow project and customer dimensions. Liability accounts (2000-2999) should not have any dimensions posted.Expense account (6999) requires department, division, project and customer dimensions with all transactions. You need to configure the account structure to meet the requirements.Solution: Configure one account structure with department, division, project and customer dimensions. Configure asterisks in all columns for Expense accounts (6000-6999), Revenue accounts (4000-4999), and Liability accounts (2000-2999). Does the solution meet the goal? 

A cable and interne t company implements Dynamics 365 FinanceThe primary line of business for the company is internet services. The company also sells routers and modems to customers for an additional one-time cost.You need to configure revenue recognition.What should you configure?  

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 postingtransactions for the month.You need to configure Dynamics 365 Finance to allow only those two teams to transact during the periodbeing closed.Which three actions should you perform? Each correct answer presents part of the solution.NOTE: Each correct selection is worth one point.  

Your company uses Dynamics 365 FinanceAll fixed assets are categorized by asset type. For example, office furniture is sequentially numbered. Has the same service life, and uses the same depreciation deduction calculation.You need to configure the system.Which two parameters should you set up? Each correct answer presents part of the solutionNOTL Each correct selection is worth one point.  

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? 

The controller at a company has multiple employees who enter standard General ledger journals. The controller wants to review these journal entries before they are posted. Currently, journals entries are posted without review.You need to configure Dynamics 365 Finance to help set up a system led review process to meet the controller's needs.Which functionality should you configure?

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 acorrect 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.  You are managing credit and collections. You need to set up mandatory credit limits for all customer documents.Solution: Select the Balance + All credit type on the Accounts receivable parameters form. Select the Mandatory credit limit check box on the Customers form.Does the solution meet the goal? 

A company manufactures and installs air filtering units for industrial manufacturing plants.The air filtering units are manufactured to order. The com• 25 percent at the time of the sale • 50 percent when the unit is shipped • 25 percent when the unit is installed Additionally, a three-year warranty is sold with covers. You need to configure revenue recognition. What should you do?  

You are configuring the Accounts payable module for a company.The company needs to set a limit on the charges they will pay for specific items.You need to set up the limit for charges.Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. 

You need to configure the financial reporting fiscal calendar for Customer.What should you do?

You are contouring Dynamics 365 Finance Transactions are being approved tor all sales transactions. This configuration results in numerous fraudulent transactions.The payment prowler requires verification of the following information in order to authorization transaction.• account hotter name• billing address• postal codeYou need to configure the system to only approve transactions with a verified address. Which option should you select for credit card authorization? 

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? 

D18912E1457D5D1DDCBD40AB3BF70D5DA customer uses the sales tax functionality in Dynamics 365 Finance.The customer reports that when a sales order is created, sales tax does not calculate on the line.You need to determine why sales tax is not calculated.What are two possible reasons? Each correct answer presents a complete solution.NOTE: Each correct selection is worth one point. 

A company configures Dynamics 36S Finance to collect and report sales tax horn customers. The company calculates the sales tax amount needed to pay a vendor for taxable items and expenses. The company is required by law to accrue and pay use tax. You add a new vendor in an existing, region.You need to configure the system to accrue use tax for the new vendor.Which three actions should you take? Each correct answer presents part of the solution.NOTL Each coned selection is worth one pant. 

A company manufactures air filtering units few industrial manufacturing plants.During the acquisition of one of the components that is used in the unit, an agreement is reached that the $25. 000 component mil be paid for in the following schedule:• The first payment will be $10,000• The remaining balance will be distributed equally and due on the 15m of the month for the next three months. You need to configure the system for the payment schedule. What should you do?  

A company uses Microsoft Dynamics 365 finance to manage customer support contracts. You need to validate a revenue recognition schedule for a customer,in which two pages can you view the revenue recognition schedule? Each correct answer presents a complete solution.NOTE: Each correct selection is worth one point. 

A company uses Microsoft Dynamics 365 Finance to manage fixed assets. The company uses laptops 'ex three years and then sells the laptops externally. You need 10 process laptop sales. What should you do?

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?

A customer uses Dynamics 365 Finance to manage budgets.You review a customer’s budget funds available calculation and discover that the budgetamounts posted two weeks ago are not reflected in the budget control check on a purchase order.You verify that budget control is set to active.You need to determine why the budget posted two weeks ago is not reflecting correctly.What should you do?

You are using Microsoft Dynamics 365 financeYou need to acquire a fixed asset.What are three possible ways to achieve the goal? Each correct answer presents a complete solutionNOTE: bath collect selection is worth one point.