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Pass the Microsoft Financials Functional Consultant Associate MB-310 Questions and answers with CertsForce

Viewing page 5 out of 5 pages
Viewing questions 41-50 out of questions
Questions # 41:

You need to configure the system to meet the budget preparation requirements.

What should you do? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Question # 41


Expert Solution
Questions # 42:

The Canadian franchise purchases excess ski equipment from the US franchise. Two sets of skis are

purchased totaling USD1,000.

When the purchase invoice is prepared, USD10,000 is keyed in by mistake.

Which configuration determines the result for this intercompany trade scenario?

Options:

A.

Post invoices with discrepancies is set to require approval.


B.

Match invoice totals is set to yes.


C.

Three-way match policy is configured.


D.

Two-way match policy is configured.


E.

Post invoices with discrepancies is set to allow with warning.


Expert Solution
Questions # 43:

You need to resolve the issue that User4 reports.

What should you do?

Options:

A.

Change the status of the vendor collaboration request


B.

Create a vendor account with the systemexternaluser role and the vendor admin (external) role


C.

Remove the externalsystemuser role from the vendor


D.

Manually create the vendor account with the systemuser role


Expert Solution
Questions # 44:

You need to adjust the sales tax configuration to resolve the issue for User3.

What should you do?

Options:

A.

Create multiple settlement periods and assign them to the US tax vendor.


B.

Create multiple sales tax remittance vendors and assign them to the settlement period.


C.

Run the payment proposal to generate the sales tax liability payments.


D.

Create a state-specific settlement period and assign the US tax vendor to the settlement period.


Expert Solution
Questions # 45:

You need to configure the system to for existing purchasing contracts.

Which commitment types should you use? To answer, drag the appropriate commitment types to the correct requirements. Each commitment type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Question # 45


Expert Solution
Questions # 46:

You need to determine the cause of the issue that User1 reports.

What are two possible causes for the issue? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

The account structure is in draft status.


B.

The account structure has quotations for all dimensions.


C.

User1 s security is incorrectly set up.


D.

The account structure has an asterisk for all dimensions.


E.

The financial dimensions were created in the incorrect legal entity.


Expert Solution
Questions # 47:

You need to ensure the promotional gifts are posted to the correct account. What should you use?

Options:

A.

Classification groups


B.

Item groups


C.

Field groups


D.

Customer credit groups


E.

Bank groups


Expert Solution
Questions # 48:

You need to configure budget planning for Alpine Ski House Corporate.

Which two components should you configure? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

budget control workflow


B.

budget planning workflow


C.

operational budget register entry IS


D.

organizational hierarchy


E.

budget planning hierarchy


Expert Solution
Questions # 49:

You need to correct the sales tax setup to resolve User5's issue.

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

NOTE: Each correct selection is worth one point.

Options:

A.

Populate the sales tax code on the sales order line.


B.

Assign the sales tax group to CustomerY.


C.

Assign the relevant sales tax code to both the sales tax and item sales tax groups.


D.

Populate the item sales tax group field on the sales order line.


E.

Populate the sales tax group field on the sales order line.


Expert Solution
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Viewing questions 41-50 out of questions