MB-310 Practice Test

MB-310 Practice Test practice questions, page 12 of 17, with answer review and explanations.

Question 56

You are a Dynamics 365 Finance functional consultant. A legal entity processes and settles vendor payments on behalf of other legal entities in an organization. You need to configure the centralized payment flow for the legal entity. In which order should you perform the actions? To answer, move all 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. Select and Place:

Question 57

A client has one legal entity and the following four dimensions configured: Business Unit, Cost Center, Department, and Division. You need to configure the client's system to run the trial balance inquiry in the General ledger module so that it displays the trial balance two ways: ✑ Include the main account and all four dimensions. ✑ Include the main account and only the business unit and cost center dimensions. What should you configure?

  1. two account structures
  2. two derived financial dimension hierarchies
  3. all financial dimensions by using the group dimension functionality
  4. two financial dimension sets

Question 58

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?

  1. Profit and loss
  2. Expense
  3. Balance sheet
  4. Liability
  5. Asset

Question 59

You are controller for a public sector organization. You need detailed fiscal tracking and reporting. You need to set up fund types categorized under specific fund classes. Which fund type can you set up for each fund class? To answer, drag the appropriate fund types to the correct fund classes. Each fund 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. Select and Place:

Question 60

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. A client has multiple legal entities set up in Dynamics 365 Finance. All companies and data reside in Dynamics 365 Finance. The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Dynamics 365 Finance instead. You need to configure the system and correctly perform eliminations. Solution: Select Consolidate online in Dynamics 365 Finance. Include eliminations during the process or as a proposal. Set up the transactions to post in the legal entity configured for consolidations. Does the solution meet the goal?

  1. Yes
  2. No