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MB-310 Latest Exam Experience & Valid MB-310 Study Plan

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Microsoft MB-310 exam is designed for individuals who want to become certified Dynamics 365 Finance Functional Consultants. Microsoft Dynamics 365 Finance Functional Consultant certification demonstrates that an individual has the knowledge and skills required to implement and configure the financial management functionality of Microsoft Dynamics 365 Finance. MB-310 Exam is intended for individuals who are responsible for configuring, managing, and maintaining financial management modules within Dynamics 365 Finance.

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Microsoft MB-310 certification exam is designed to validate the skills and knowledge of finance professionals who work with Microsoft Dynamics 365 Finance. Microsoft Dynamics 365 Finance Functional Consultant certification is intended for functional consultants who work with finance and accounting processes, and who have experience in implementing and configuring Microsoft Dynamics 365 Finance solutions. The MB-310 Exam covers a range of topics related to finance and accounting, including financial management, accounts payable and receivable, budgeting, and financial reporting.

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q250-Q255):

NEW QUESTION # 250
You are a controller in an organization. You are identifying cost drivers to see how changes in business activities affect the bottom line of your organization. You need to assess cost object performance to analyze actual versus budgeted cost and how resources are consumed.
You need to demonstrate your understanding of cost accounting terminology.
Which component maps to the cost accounting terminology?
To answer, drag the appropriate component to the correct cost accounting terminology. Each source may be used once. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Answer:

Explanation:

1 - fixed/variable/semi variable
2 - machine houre/kilowatt hours/square footage
3 - products/projects/departments/cost center
4 - primary/secondary
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting

NEW QUESTION # 251
You need to configure the budgeting module to meet Fourth Coffee's requirements.
Which configuration should you use for each task? To answer select the appropriate options in the answer m NOTE: Each correct selection is worth one point.

Answer:

Explanation:

NEW QUESTION # 252
A legal entity has locations and customers in multiple states within the United States.
You need to ensure that taxable customers are charged sales tax for taxable items in their delivery location.
Which three settings must you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. the Terms of delivery setup
B. the Sales tax group on the Customer record
C. the Sales reporting codes
D. the Item Sales tax group on the Item record
E. the Sales tax codes

Answer: A,B,E

Explanation:
Section: Set up and configure financial management

NEW QUESTION # 253
A company is preparing to complete a year-end close process.
You need to configure the Dynamics 365 for Finance and Operations General ledger module. Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

A. Validate the main account type.
B. Configure the ledger calendar for the new fiscal year.
C. Create the next fiscal year.
D. Configure the Fiscal year dose parameters.
E. Configure the transfer balance.

Answer: A,B,C

NEW QUESTION # 254
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?

A. Two-way match policy is configured.
B. Match invoice totals is set to yes.
C. Post invoices with discrepancies is set to allow with warning.
D. Post invoices with discrepancies is set to require approval.
E. Three-way match policy is configured.

Answer: E

NEW QUESTION # 255
......

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