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Microsoft MB-310 is an exam that measures the knowledge, skills and abilities of candidates to perform the role of a Microsoft Dynamics 365 Finance Functional Consultant. Microsoft Dynamics 365 Finance Functional Consultant certification is designed for professionals who have expertise in configuring, customizing, implementing, and supporting Dynamics 365 Finance. It is an intermediate-level certification that validates the expertise of candidates in designing and implementing solutions that meet the business requirements of clients.
MB-310 Latest Test Answers & Reliable MB-310 Exam Topics
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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q43-Q48):
NEW QUESTION # 43
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.
Answer:
Explanation:
1 - Set up an intercompany account and create the ,,,,,,
2 - Map vendor accounts across all legal entities
3 - Set up posting profiles for centralized payments
4 - Set up methods of payment for centralized payments
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/set-up-centralized-payments
NEW QUESTION # 44
You need to configure the fiscal year calendars for each legal entity.
How should you configure the fiscal year calendars? To answer, select me appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 45
Drag and Drop Question
A company is implementing Microsoft Dynamics 365 Finance.
The company is configuring the fixed asset functionality and has the following requirements:
- Manually add an additional depreciation amount the first year a
machine is put in service.
- Depreciate a company vehicle based on the number of miles it has
traveled.
You need to configure the depreciation for the assets.
Which depreciation method should you use? To answer, drag the appropriate depreciation methods to the correct assets. Each method 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.
Answer:
Explanation:
Explanation:
Box 1: Bonus
Manually add an additional depreciation amount the first year a machine is put in service.
For bonus depreciation, you can take extra or bonus depreciation amounts during the first year that the asset is put in service and depreciated. Bonus depreciation must be taken before any other depreciation calculations.
Box 2: Consumption
Depreciate a company vehicle based on the number of miles it has traveled.
If you set up a depreciation profile for fixed assets and select Consumption in the Method field on the Depreciation profiles page, fixed assets are assigned to the depreciation profile based on their usage. You don't have to set up percentages and intervals on the Depreciation profiles page. After you create a depreciation profile that uses the Consumption method, you can set up the method in various ways.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/bonus-depreciation
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/consumption-depreciation
NEW QUESTION # 46
You are implementing revenue recognition functionality in Microsoft Dynamics 365 Finance. You need to configure revenue schedules to meet the following requirements:
* Agreement start and end dates must be determined by the system.
* Determine revenue price allocation across the occurrences based on contract terms.
Which feature should you use? To answer, drag the appropriate features to the correct requirements. Each feature 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
Answer:
Explanation:
NEW QUESTION # 47
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.
Answer:
Explanation:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/set-up-centr
NEW QUESTION # 48
......
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