Microsoft MB-310 Exam Questions Free Practice Test

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Questions # 1:

You need to acquire the fixed assets that are associated with the purchase orders.

What should you do?

Options:

Select the fixed asset checkbox on the invoice.

Create the fixed assets in the fixed asset module and then acquire the asset.

Create the fixed assets in the fixed asset module and then select the fixed asset checkbox on the product

receipt.

Reverse the product receipt and then repost it.

Expert Solution

Questions # 2:

The posting configuration for a purchase order is shown as follows:

Question # 2

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.

Question # 2

Expert Solution

Questions # 3:

You need to configure the system to resolve User8's issue.

What should you select?

Options:

the Standard sales tax checkbox

the Conditional sales tax checkbox

a main account in the settlement account field

a main account in the sales tax payable field

Expert Solution

Questions # 4:

You need to determine why CustomerX is unable to confirm another sales order.

What are two possible reasons? Each answer is a complete solution.

NOTE: Each correct selection is worth one point.

Options:

The credit limit parameter is set to Balance + All.

The credit limit is set to 0.

An inventory item is out of stock.

The inventory safety stock is set to 0.

Expert Solution

Questions # 5:

You need to prevent a reoccurrence of User2’s issue.

How should you configure the system? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Question # 5

Expert Solution

Questions # 6:

A client is using Dynamics 365 Finance for sales order processing and accounts receivable. The client has two customer groups and two Accounts receivable trade accounts. Foreign customers in Group 80 are assigned to account 12001. Domestic customers in Group 40 are assigned to account 12000.

You are viewing the client's current setup of Customer posting profiles.

Question # 6

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.

Question # 6

Expert Solution

Questions # 7:

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?

Options:

the controller's security role so that he has approval privileges for General ledger journals

an Advanced ledger entry workflow that uses the organizational hierarchy for journal posting, associated with the Advanced ledger journal name

a Ledger daily journal workflow that uses the organizational hierarchy for journal posting, associated with the General ledger

a manual journal approval with the journal assigned to the user group that the employees are assigned to

Expert Solution

Questions # 8:

A company plans to use Dynamics 365 Finance to calculate sales tax on sales orders.

You need to automatically calculate sales tax when the sales order is created.

Which three actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point,

Options:

Assign values to the sales tax codes and assign the sales tax codes to the sales tax group associated to

the customer.

Assign all sales tax codes to the item sales tax group associated to the item being sold.

Set up a default item sales tax group on the item being sold and set up a default sales tax group on the

customer used on the sales order.

Associate the sales tax jurisdictions to the item sales tax group associated to the item being sold.

Set up a default sales tax code on the customer used on the sales order and set up a default item sales tax

group on the item being sold.

Expert Solution

Questions # 9:

You are implementing Dynamics 365 Finance.

Sales tax payable must be posted to the same collection of accounts across all legal entities. You need to configure the sales tax. What should you use?

Options:

Posting group

Tax group

Use tax payable account

Tax jurisdiction

Expert Solution

Questions # 10:

You are asked to configure a main account in Dynamics 365 Finance.

Question # 10

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.

Question # 10

Expert Solution

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