MB-310 Practice Questions

Dynamics 365 Finance Functional Consultant Associate

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Question 1

A company is configuring a new budget planning process in Dynamics 365 Finance.

Budget plan workflows must use the finance reporting structure before users can begin to submit budget plans.

Department budget plans must route through a management hierarchy for review and approval.

You need to configure a solution.

Which five 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.

Actions

Answer Area

Question 2

A consulting organization with multiple legal entities is using Dynamics 365 Finance for expense management. The company has all workers under a single legal entity. They can work on projects in a different legal entity.

The company must configure intercompany expenses so the tax on intercompany resource charges follows the tax rules of the loaning entity.

You need to set up sales tax for general ledger parameters.

How should you complete the configuration? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Question 3

A company uses Dynamics 365 Finance.

Accounts payable clerks observe that due dates and cash discount dates are incorrect on posted invoices.

You need to correct the due dates and cash discount dates.

What should you edit?

setup of the terms of payment
payment calendar
payment terms for the vendor transactions
discount dates and due dates for the vendor transactions

Select an answer above, then submit your vote. Reading or practicing does not cast a vote.

Question 4

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.

Actions

Answer Area

Question 5

A company implements expense management in Dynamics 365 Finance to manage employee travel expenses.

The current per diem setup on the Expense management parameters page is as follows:

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.

NOTE: Each correct selection is worth one point.

Question 6

A company makes frequent payments to its vendors by using various due dates and discounts.

You need to set up and create a vendor payment by using a payment proposal.

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.