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Q: 11
A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definitions?
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Q: 12
A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All companies and data reside in Finance and Operations. The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Finance and Operations instead. You need to configure the system and correctly perform eliminations. Solution: Set up Elimination rules in the system. Then, run an elimination proposal. Configure the rules to post to any company that has Use for financial elimination process selected in the legal entity setup. Does the solution meet the goal?
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Q: 13
You need to enforce financial budgets for management and resolve User As issue. What should you do?
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Q: 14
DRAG DROP A client has Accounts payable invoices in their legg entity in three different currencies. It is month- end, and the client needs to run the foreign currency revaluation process to correctly understand their currency exposure. You need to set up Dynamics 365 for Finance and Operations to perform foreign currency revaluation, 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. MB-310 question
Your Answer
Q: 15
DRAG DROP You need to resolve the accounts payable manager issue and resolve the user acceptance testing bug reported by the accounts payable clerk. How should you configure the system? To answer, move the appropriate Value to the correct Parameter. You may use each Value once, more than once, or not at all. You may need to move the split bar between panes or scroll to view content. NOTE: Each correct selection is worth one point. MB-310 question
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Q: 16
DRAG DROP You are a Dynamics 365 Finance and Operations 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. MB-310 question
Your Answer
Q: 17
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?
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Q: 18
HOTSPOT You need to configure settings to resolve User1’s issue. Which settings should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point. MB-310 question
Your Answer
Q: 19

HOTSPOT

You need to validate the sales tax postings for Tennessee and Alabama.

Which tax selections meet the requirement? To answer. select the appropriate options in the answer area

NOTE: Each correct selection is worth one point.

Answer
Your Answer
Q: 20
DRAG DROP You need to configure the system to for existing purchasing contracts. Which commitment types should you use? To answer, drag the appropriate commitment types to the correct requirements. Each commitment 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. MB-310 question
Your Answer
Question 11 of 20 · Page 2 / 2

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