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Free PDF MB-310 - Microsoft Dynamics 365 Finance Functional Consultant Latest Valid Test Preparation
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Microsoft MB-310 Exam is designed to test the candidate's ability to configure and implement financial management processes in Microsoft Dynamics 365 Finance. This includes configuring and managing accounts payable and receivable, budgeting, and fixed assets. Candidates are also expected to have a strong understanding of financial reporting and analysis, as well as the ability to troubleshoot and resolve issues related to financial management.
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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q103-Q108):
NEW QUESTION # 103
A client needs to configure Accounts payment vendor methods of payment to meet the following business requirements:
Configure the electronic method of payment to create one electronic payment for all of the invoices due.
Configure the system to ensure that all payments made with an electronic method of payment also forces the user to select which payment has been used.
You display the Methods of payment setup screen.

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

NEW QUESTION # 104
You are a finance consultant. Your client needs you to configure cash flow forecasting.
The client wants specific percentages of main accounts to contribute to different cash flow forecasts for other main accounts.
You need to configure Dynamics 365 for Finance to meet the needs of the client.
What should you do?
- A. Configure the parent/child relationship for the main account and subaccounts by using appropriate percentages.
- B. On the Cash flow forecasting setup form, configure the primary main account to assign a percentage to the dependent account.
- C. On the Cash flow forecasting setup form, use the Dependent Accounts setup to specify which account and percentage is associated to the main account.
- D. Configure the cash flow forecasting setup for Accounts Payable before you configure vendor posting profiles.
Answer: C
Explanation:
Explanation/Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cash-bank-management/cash-flow-forecasting
NEW QUESTION # 105
You are asked to configure a main account in Dynamics 365 Finance.

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation
Table Description automatically generated

NEW QUESTION # 106
You need to assist User3 with generating a deposit slip to meet Fourth Coffee's requirement.
Which five 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.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.

Answer:
Explanation:

1 - Enter the journal line with account and offset account and payment reference.
2 - Select the use a deposit slip check box.
3 - Enter a transaction type.
4 - Post the jounal.
5 - Select Deposit slip from the functions menu and select ok.
Reference:
https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/create-a-deposit-slip
NEW QUESTION # 107
You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to apply a constant currency exchange rate to calculate the reporting currency value of fixed assets.
To complete this task, sign in to the Dynamics 365 portal.
- A. The currency Translation Type needs to be set to Current. This option uses the last rate on or before the period specified in the report regardless of what the exchange rate was at the time of purchase for each asset.
Answer: A
Explanation:
Navigate to General Ledger > Chart of Accounts > Accounts > Main Accounts.
Select the Financial Reporting account.
In the Reporting currency exchange rate type, select Current from the drop-down list.
Click Save to save the changes.
NEW QUESTION # 108
......
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