MB-310 Exam Dumps – Our Features

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 configuring the year-end setup in Dynamics 365 for Finance and Operations.You need to configure the year-end setup to meet the following requirements:The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year's Period 13.The fiscal year closing can be run again, but only the most recent closing entry will remain in the transactions.All dimensions from profit and loss must carry over into the retained earnings.All future and previous periods must have an On Hold status.Solution:Configure General ledger parameters.- Set the Delete close of year transactions option to No.- Set the Create closing transactions during transfer option to No.- Set the Fiscal year status to permanently closed option to No.Define the Year-end close template.- Designate a retained earnings main account for each legal entity.- Set the Financial dimensions will be used on the Opening transactions option to No.- Set the Transfer profit and loss dimensions' option to Close All.Set future Ledger periods to a status of On Hold.Does the solution meet the goal?

• Yes
• No

You are implementing Dynamics 365 Finance.You commonly complete the sale of goods across international borders.You need to configure the system.What should you use?

• purchase agreement
• bank statements
• letters of credit
• promissory note

You are a Dynamics 365 Finance consultant. You plan to configure the allocation base, cost behavior, andcost distribution.Which three actions do these configurations accomplish? Each correct answer presents a complete solution.NOTE: Each correct selection is worth one point.

• Spread costs from one cost object to one or more other cost objects by applying a relevant allocation base.
• Measure and quantify activities, such as machine hours that are used, kilowatt hours that are consumed, or square footage that is occupied.
• Spread the balance of the cost from one cost object to one or more other cost objects by applying a relevant allocation base.
• Control which journals can be used in the costing process.
• Classify costs according to their behavior in relation to changes in key business activities.

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.

• Define the maximum charge amount on the vendor record.
• Enter the maximum amount when you set up the charges code.
• Use budget control with the specified charges code.
• Set the maximum charge amount in the Accounts payable parameters,
• Enable invoice matching validation in the Accounts payable parameters.

Users are posting project transactions and bank transactions incorrectly in the General journal. The client wants to prevent this from happening in the futureYou need to configure Dynamics 365 for Finance and Operations to limit the account type transactions to only ledger.What should you do?

• Use advanced ledger entries to define the account types that can be used in the General ledger journal.
• Create a journal template that has ledger as the account type and offset account type.
• Use journal control to specify which account types, are valid for the General ledger journal.
• Configure the voucher series associated with this journal to allow only ledger account types.

You are configuring vendor collaboration security roles for external vendors. You manually set up a vendorcontact.You need to assign the Vendor (external) role to this vendor.Which tasks can this vendor perform?

• Request a new user account for a contact person by using the Provision user action.
• Maintain vendor collaboration invoices.
• Delete any contact person that they have created.
• View and modify contact person information, such as the person's title, email address, and telephone number.

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.

• The sales tax group is populated on the line, but the item sales tax group is missing.
• The sales tax settlement account is not configured correctly.
• The sales tax authority is not set up for the correct jurisdiction.
• The sales tax code and item sales tax code are selected, but the sales tax group is not associated to both codes.
• The sales tax group and item sales tax group are selected, but the sales tax code is not associated with both groups.

A client uses the standard trial balance in Dynamics 365 Finance.The client has the following requirements:ability to run the trial balance by main account, department, and divisionability to run the trial balance by just main account and departmentYou need to ensure that these options are visible in the trial balance report parameters.What should you configure?

• ledger validation
• financial dimensions for department and division
• financial dimension sets
• account structure

You are the controller of a multi-entity organization that uses the same chart of accounts and fiscal periods across all entities. You use the financial report designer in Dynamics 365 Finance to create, maintain, deploy, and view financial statements.You need to generate consolidated financial statements by using a building block group to aggregate data across companies and financial dimensions.Which three actions should you perform? Each correct answer presents part of the solution.NOTE: Each correct selection is worth one point.

• Create a column definition that includes a financial dimension column for each company.
• Create a column definition and use the period and year to map the appropriate periods for each company.
• Create a row definition that includes all appropriate accounts in all companies in the rows.
• Create a reporting tree that includes a reporting node for each company.
• Use the Reporting Unit field to select the tree and reporting unit for each column.

You are configuring intercompany accounting for a multicompany enterprise. You need to set up: the Due to and Due from accounts.Which main account type should you use?

• Expense
• Asset
• Balance sheet
• Liability
• Profit and loss