MB-310 Practice Test

Question 76

Manual entry of currency exchange rates must be discontinued. Currency exchange rates must use the current rate values provided by the European Central Bank. The exchange rate entries and updates must be automated. You need to configure the system. Which two options should you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

1. Configure the exchange rate provider
2. Run currency revaluation
3. Create the currencies
4. Configure dual currency
5. Run the import currency exchange rate process

Question 77

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 one legal entity, two departments, and two divisions. The client is implementing Dynamics 365 Finance. The departments and divisions are set up as financial dimensions. The client has the following requirements: ✑ Only expense accounts require dimensions posted with the transactions. ✑ Users must not have the option to select dimensions for a balance sheet account. You need to configure the ledger to show applicable financial dimensions based on the main account selected in journal entry. Solution: Configure one account structure for expense accounts and include applicable dimensions. Does the solution meet the goal?

1. Yes
2. No

Question 78

You are using Microsoft Excel to complete budget planning for the next fiscal year. Budget template data must be gathered in real time from Dynamics 365 Finance during the budget planning process. You need to create a budget planning template by using Microsoft Excel. Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order. Select and Place:

Question 79

You need to configure cash flow reports. Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

1. Configure the behavior for forecasts of transactions that affect the liquidity accounts of the company.
2. Identify and list all the liquidity accounts.
3. Define the number sequence.
4. Configure the account structure.
5. Run the cash flow calculation process.

Question 80

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?

1. Posting group
2. Tax jurisdiction
3. Use tax payable account
4. Tax group