MB-310 practice questions 21–30

1. Question 21 · 205 in bank

   You need to reconfigure the taxing jurisdiction for Humongous Insurance's subsidiary. What should you do?

   • AConfigure sales tax groups for transactions that occur in China.
   • BChange the reporting currency.
   • CConfigure dual currency support for sales tax.
   • DChange the sales tax settlement period authority.

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   Answer: D

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2. Question 22 · 205 in bank

   You need to configure system functionality for pickle type reporting. What should you use?

   • Aitem model groups
   • Bitem groups
   • Cprocurement category hierarchies
   • Dfinancial dimensions
   • Eprocurement categories

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   Answer: D

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3. Question 23 · 205 in bank

   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?

   • APost invoices with discrepancies is set to require approval.
   • BMatch invoice totals is set to yes.
   • CThree-way match policy is configured.
   • DTwo-way match policy is configured.
   • EPost invoices with discrepancies is set to allow with warning.

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   Answer: C

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4. Question 24 · 205 in bank

   You need to troubleshoot the reporting issue for User7. Why are some transactions being excluded?

   • AUser7 is running the report in CompanyB.
   • BUser7 is running the report in CompanyA.
   • CThe report is correctly excluding CustomerY transactions.
   • DThe report is correctly excluding CustomerZ transactions.

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   Answer: A

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5. Question 25 · 205 in bank

   Select 3

   An organization acquires a building. You need to register and record the building as an asset building in Dynamics 365 Finance. What are three possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

   • ASelect an account type of Fixed Asset and a transaction type of Acquisition with a General Journal
   • BEliminate the project to a fixed asset
   • CCreate a sales invoice to record and register the fixed asset
   • DSelect an acquisition transaction type within a fixed asset journal
   • EUse the sales order process to acquire the asset

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   Answer: ABD

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6. Question 26 · 205 in bank

   Select 3

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

   • AConfigure a site
   • BAssociate the financial dimension to the site
   • CConfigure a financial dimension
   • DConfigure a legal entity
   • EAssociate the legal entity to the site

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   Answer: ABC

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7. Question 27 · 205 in bank

   You need to resolve the issue that User4 reports. What should you do?

   • AChange the status of the vendor collaboration request
   • BCreate a vendor account with the systemexternaluser role and the vendor admin (external) role
   • CRemove the externalsystemuser role from the vendor
   • DManually create the vendor account with the systemuser role

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   Answer: A

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8. Question 28 · 205 in bank

   You are the accounts receivable manager of an organization. The organization recently sold machinery to a customer. You need to register a transaction for the sale of the machinery by using a free text invoice for fixed assets. Which transaction type should you use?

   • AAcquisition
   • BValue adjustments
   • CDepreciation
   • DDisposal

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   Answer: D

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9. Question 29 · 205 in bank

   A client is using the budget planning process in Dynamics 365 Finance. Your client requires the ability to plan for a one-year, three-year, and five year-budget. You need to configure the various year length options to be used in the budgeting module. What should you do?

   • AConfigure budget control
   • BConfigure budget codes
   • CConfigure budget cycles
   • DConfigure budget allocation terms

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   Answer: C

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10. Question 30 · 205 in bank

    A client uses Dynamics 365 Finance for accounts receivable. You need to configure the method of payment to enforce the accounts receivable clerk to enter the wire number for the received electronic payment. Which item should you set up as mandatory?

    • ASelect bank transaction type
    • BSelect payment reference
    • CSelect Payment ID
    • DSelect Deposit slip

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    Answer: B

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MB-310 practice, question 21. 205 questions available.