Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Dumps

MB-310 Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

Set up and configure financial management (35-40%)

Manage and apply common processes (20-25%)

Implement and manage accounts payable and receivable (20-25%)

Manage budgeting and fixed assets (15-20%)



Set up and configure financial management (35-40%)

Implement and configure financial modules

• configure and apply accrual schemes

• configure cash flow reports

• configure the letter of credit and letter of guarantee templates

• set up intercompany accounting

• create and configure account structures

• configure other modules including cash and bank management and budgeting, credit and collections, audit workbench, and consolidations

• implement posting definitions

Implement and test cost and allocation policies

• implement cost accounting processes

• implement inventory costing versions

• implement item groups

• create and process Ledger allocation rules

• demonstrate use of cost accounting terminology

• construct fiscal calendars, years, and periods

Perform periodic processes

• configure financial period close

• define and demonstrate periodic closing processes and end-of-year processes

• demonstrate regional tax reporting capabilities

• perform bank reconciliation

• perform financial consolidation

• create a cost accounting report by using the cost accounting Report Wizard

• allocate funds by using Accounting distributions

Configure, collect, and report taxes

• configure tax components

• implement and test end-of-year tax reporting

• prepare periodic filings



Manage and apply common processes (20-25%)

Define and configure the account structure

• demonstrate the advanced ledger entries functionality

• set up derived financial hierarchies

• demonstrate financial consolidation and elimination processes

• set up funds

• define and configure the main account

• define and configure the financial dimensions and dimension sets

• perform financial statements

• perform tracking of posted transactions

Implement regulatory and localization features and manage currencies

• set up legal entity currencies and conversions

• configure currency exchange rate providers

• implement foreign currency revaluation processes

• determine which regulatory and localization features to apply to a given scenario

Implement and manage journals

• identify the different types of journals available and their setup

• set up journal controls

• configure the journal posting restriction rules

• configure approval processes by using workflows

• create voucher templates

• perform daily procedures using journals



Implement and manage accounts payable and receivable (20-25%)

Implement and manage Accounts receivable

• set up customer posting profiles

• manage delinquent customers

• configure billing codes for free text invoices, process orders, invoices, and payments

• configure and process credit and collection

• configure customer payment setup

• prepare and send customer account statements

• configure accounts receivable charges

Implement and manage Accounts payable

• configure invoice validation policies

• set up vendor posting profile, process orders, invoices, and payments

• configure the Vendor collaboration module

• configure vendor payments

• configure accounts payable charges



Manage budgeting and fixed assets (15-20%)

Configure and manage Budgeting processes

• configure budgeting components

• create a budget plan template

• create a budget plan by using the budget plan wizard

• perform the budget planning process

• configure budget controls

• create and demonstrate registry entries

• implement budget workflows

Implement and manage fixed assets

• create fixed assets and fixed assets groups

• configure fixed asset parameters

• identify when to enable integration with purchasing and sales module

• perform acquisition, depreciation, and disposal of fixed assets

100% Money Back Pass Guarantee

MB-310 PDF Sample Questions

MB-310 Sample Questions

MB-310 Dumps
MB-310 Braindumps
MB-310 Real Questions
MB-310 Practice Test
MB-310 dumps free
Microsoft
MB-310
Microsoft Dynamics 365 for Finance and Operations,
Financials (beta)
http://killexams.com/pass4sure/exam-detail/MB-310
Question: 397
HOTSPOT
A client plans to use the cost accounting module in Dynamics 365 for Finance and Operations.
You need to associate the correct definitions to the correct cost accounting concepts.
Which terms match the definitions? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-accounting/terms-costaccounting
Question: 398
A company plans to create a new allocation rule for electric utilities expenses.
The allocation rule must meet the following requirements:
� Distribute overhead utility expense to each department.
� Define how and in what proportion the source amounts must be distributed on various destination lines.
You need to configure the allocation rule.
Which allocation method should you use?
Fixed percentage
Fixed weight
Equally
Basis
Answer: D
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/ledgerallocation-rules
Question: 399
HOTSPOT
You are implementing a Dynamics 365 for Finance and Operations General ledger module for a client that has multiple
legal entities. The client has the following requirements:
� Post journal entries for all companies from one legal entity.
� Configure automatic creation of due to/due from transactions based on when LegalEntityA transacts with
LegalEntityB.
� Automatically split the dollar amount in half between DimensionA and DimensionB when the journal is posted.
� Set up fixed or variable allocations, and then review the allocations in a journal before posting.
� Automatically post year-end results to account 30016 during year-end close. You need to configure the system.
Which system capability should you configure? To answer, select the appropriate configuration in the
answer area. NOTE: Each correct selection is worth one point.
Answer:
Question: 400
A company is preparing to complete a year-end close process. You need to configure the Dynamics 365 for Finance
and Operations General ledger module.
Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct
selection is worth one point.
A . Configure the Fiscal year close parameters
B . Configure the ledger calendar for the new fiscal year
C . Configure the transfer balance
D . Validate the main account type
E . Create the next fiscal year
Answer: ADE
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
Question: 401
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?
A . when financial dimensions need to default from the main account onto an invoice
B . when using encumbrance accounting for purchase orders
C . when the system needs to automatically post a transaction to the accounts receivable account on invoice posting
D . when creating one offset ledger entry based on transaction type
Answer: B
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/postingdefinitions
Question: 402
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a
unique solution that might meet the stated goals. Some question setsmight 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, thesequestions 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 Yes.
� Set the Create closing transactions during transfer option to Yes.
� Set the Fiscal year status to permanently closed option to Yes.
* 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 Yes.
� 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?
A . Yes
B . No
Answer: B
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
Question: 403
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a
unique solution that might meet the stated goals. Some question setsmight 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, thesequestions 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?
A . Yes
B . No
Answer: B
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
Question: 404
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a
unique solution that might meet the stated goals. Some question setsmight 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, thesequestions will not
appear in the review screen.
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: Select Consolidate online in Finance and Operations. Include eliminations during the process or as a
proposal. Set up the transactions to post in the legal entity configured for consolidations. Does the solution meet the
goal?
A . Yes
B . No
Answer: A
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidationelimination-
overview
Question: 405
You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts. The
company wants to import their bank statements. You need to import electronic bank statements to reconcile the bank
accounts.
Which three actions can you perform? Each correct answer presents a complete solution. NOTE: Each correct selection
is worth one point.
A . Select all the bank accounts for the bank statement files, and then upload all files
B . Select Account reconciliation on the bank account form
C . Import bank statements from the Data management workspace
D . Navigate to Import statement on the Bank Statements page of Cash and Bank Management
E . Select Import statement for multiple bank accounts in all legal entities, and then upload a zip file
Answer: BDE
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/ reconcile-bank-
statements-advanced-bank-reconciliation
Question: 406
HOTSPOT
A client plans to use Dynamics 365 for Finance and Operations for year-end 1099 reporting in the United States.
You are viewing a vendor master data record on the 1099 FastTab.
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.
Answer:
Question: 407
A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid
twice a year to the insurance company.
Transactions for current employees must be recognized in the general ledger twice a month with an employee�s pay.
Transactions for new employees must be recognized in the general ledger based upon the employee�s first pay date.
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? (Choose two). Each correct answer presents part of the solution. NOTE:
Each correct selection is worth one point.
A . For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal
year.
B . For current employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the employee�s first pay
date.
C . For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the employee�s first pay
date.
D . For current employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal
year.
Answer: BD
Question: 408
DRAG DROP
You need to set up a process of tracking, recording, and analyzing costs associated with the products or activities of a
nonmanufacturing organization. You need to configure the prerequisite setup for the standard costing version for the
current period.
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:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management/ prerequisites-
standard-costs
For More exams visit https://killexams.com/vendors-exam-list
Kill your exam at First Attempt....Guaranteed!

Killexams VCE Exam Simulator 3.0.9

Download Killexams-Exam-Simulator-3.0.9.rar

Killexams has introduced Online Test Engine (OTE) that supports iPhone, iPad, Android, Windows and Mac. MB-310 Online Testing system will helps you to study and practice using any device. Our OTE provide all features to help you memorize and practice test questions and answers while you are travelling or visiting somewhere. It is best to Practice MB-310 Exam Questions so that you can answer all the questions asked in test center. Our Test Engine uses Questions and Answers from Actual Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam.

              

Download MB-310 Practice Test free and Real Question with braindumps

Killexams.com MB-310 exam prep dumps provide you with all you need to pass the MB-310 exam. Our Microsoft MB-310 Exam dumps consists of questions that are identical to those on the genuine MB-310 test. It is of top quality and provides impetus for the MB-310 Exam. We guarantee your success in the MB-310 test with our excellent questions.

Latest 2023 Updated MB-310 Real Exam Questions

We have received positive reviews from numerous applicants who have passed the MB-310 exam using our actual exam material, which helped them to pass with flying colors. They are now employed in prominent positions in their respective companies. By utilizing our MB-310 Exam Braindumps, they have experienced an improvement in their knowledge, enabling them to work as professionals in real-world environments. Our focus is not only on passing the MB-310 exam with our real questions, but also on enhancing knowledge about MB-310 objectives and topics, resulting in success in the field. To pass the Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam, one must have a clear understanding of the MB-310 syllabus and practice with the updated question bank. It is best to read and practice with real questions to achieve success quickly. One should be aware of the tricky questions that can be asked in the actual MB-310 exam. To prepare for this, visit killexams.com to download Free MB-310 Exam Braindumps test questions and read them. If you feel confident with the questions, register to download the full version of MB-310 real questions at a discounted rate. Install the VCE exam simulator on your device and practice frequently to memorize MB-310 Exam Questions. When you feel confident enough, enroll in the actual test at the testing center. Preparing for the Microsoft MB-310 exam with just a course book or free online resources is not sufficient. The actual MB-310 exam includes tricky questions that can confuse candidates, leading to failure. Killexams.com offers real MB-310 Study Guide in Cheatsheet and VCE exam simulator files to address this issue. Before registering for the full version of MB-310 Exam Questions, download the 100% free MB-310 Exam Cram. Our testimonials show that candidates who use our MB-310 Exam Braindumps have achieved success in their fields. By utilizing our MB-310 Exam Questions, they have improved their knowledge and can now work as experts in their field. Our goal is not only to help candidates pass the MB-310 exam, but also to enhance their understanding of MB-310 objectives and topics to succeed in their careers.

Tags

MB-310 dumps, MB-310 braindumps, MB-310 Questions and Answers, MB-310 Practice Test, MB-310 Actual Questions, Pass4sure MB-310, MB-310 Practice Test, Download MB-310 dumps, Free MB-310 pdf, MB-310 Question Bank, MB-310 Real Questions, MB-310 Cheat Sheet, MB-310 Bootcamp, MB-310 Download, MB-310 VCE

Killexams Review | Reputation | Testimonials | Customer Feedback

I am one of the high achievers in the MB-310 exam. Killexams.com provided great Questions and Answers material, and within a brief time, I was able to grasp everything on all relevant topics. It was clearly brilliant! Although I suffered much while getting ready for my preceding attempt, this time I passed my exam without any difficulty or anxiety. It is an admirable knowledge adventure for me, and I owe a lot to killexams.com for the actual aid.
Martha nods [2023-4-26]


Although it is believed that a student must possess sharp thoughts to excel in the MB-310 exam, it is not entirely true. The educator or teacher must also be well-qualified and informed. I feel blessed that I met such wonderful educators at killexams.com who taught me how to pass my MB-310 exam and helped me breeze through it. I thank them with the bottom of my heart.
Lee [2023-4-6]


When I was preparing for the MB-310 exam, I felt lost and disconnected from the material. However, I found killexams.com to be a reliable resource that helped me succeed in the exam. Thanks to their exam simulator, I was able to practice and study the material efficiently. I am grateful for killexams.com, and I highly recommend their services to others.
Richard [2023-5-18]

More MB-310 testimonials...

MB-310 Dynamics Real Exam Questions

extra Scrum product proprietor certification exam questions

posted: 20 Jun 2023

The knowledgeable Scrum Product proprietor certification exam makes a speciality of themes corresponding to a way to bring product price and control the product backlog. youngsters, to flow the exam, you must also display a big advantage of the Scrum framework in regular.

In a outdated set of pattern questions for the product proprietor certification exam, we focused on core PO tasks. in this set of 10 sample exam questions, we focal point more frequently on the Scrum e book and how to safely practice the Scrum framework within the true world.

each the product owner and Scrum master checks have about an 80% overlap when it comes to the ambitions they cover. To be thoroughly organized for the skilled Scrum Product proprietor certification exam, it's incredibly recommended that you additionally effort these two sample exams as smartly:

first rate success on this apply examine, and good good fortune with your product owner certification.

References

Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Questions
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Study Guide
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Questions and Answers
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam dumps
Microsoft Dynamics 365 for Finance and Operations, Financials (2023)
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Latest Topics
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Latest Questions
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Braindumps
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Braindumps
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Dumps
Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Question Bank

Frequently Asked Questions about Killexams Braindumps

How will I receive my killexams username and password?
Killexams take just 5 to 10 minutes to set up your online download account. It is an automatic process and completes in very little time. When you complete your payment, our system starts setting up your account within no time and it takes less than 5 minutes. You will receive an email with your login information immediately after your account is setup. You can then login and download your exam files.

Is Killexams.com Legit?

Of course, Killexams is practically legit plus fully trustworthy. There are several functions that makes killexams.com authentic and legitimate. It provides updated and 100 % valid exam dumps that contain real exams questions and answers. Price is nominal as compared to almost all of the services on internet. The questions and answers are modified on typical basis having most recent brain dumps. Killexams account method and products delivery is really fast. Data downloading is normally unlimited and also fast. Aid is available via Livechat and Message. These are the features that makes killexams.com a strong website that offer exam dumps with real exams questions.

Other Sources

MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Cram
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) dumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) test prep
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Download
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Latest Questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Braindumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Braindumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Real Exam Questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Dumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) techniques
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) education
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam success
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) outline
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) boot camp
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) test
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) techniques
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) guide
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) answers
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) real questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Latest Topics
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam success
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Dumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam success
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Questions
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) study help
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) exam dumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) book
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) braindumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) PDF Download
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Questions and Answers
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam dumps
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) study help
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) study tips
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) information search
MB-310 - Microsoft Dynamics 365 for Finance and Operations, Financials (2023) Exam Cram

Which is the best dumps site of 2023?

There are several Questions and Answers provider in the market claiming that they provide Real Exam Questions, Braindumps, Practice Tests, Study Guides, cheat sheet and many other names, but most of them are re-sellers that do not update their contents frequently. Killexams.com is best website of Year 2023 that understands the issue candidates face when they spend their time studying obsolete contents taken from free pdf download sites or reseller sites. That is why killexams update Exam Questions and Answers with the same frequency as they are updated in Real Test. Exam Dumps provided by killexams.com are Reliable, Up-to-date and validated by Certified Professionals. They maintain Question Bank of valid Questions that is kept up-to-date by checking update on daily basis.

If you want to Pass your Exam Fast with improvement in your knowledge about latest course contents and topics, We recommend to Download PDF Exam Questions from killexams.com and get ready for actual exam. When you feel that you should register for Premium Version, Just choose visit killexams.com and register, you will receive your Username/Password in your Email within 5 to 10 minutes. All the future updates and changes in Questions and Answers will be provided in your Download Account. You can download Premium Exam Dumps files as many times as you want, There is no limit.

Killexams.com has provided VCE Practice Test Software to Practice your Exam by Taking Test Frequently. It asks the Real Exam Questions and Marks Your Progress. You can take test as many times as you want. There is no limit. It will make your test prep very fast and effective. When you start getting 100% Marks with complete Pool of Questions, you will be ready to take Actual Test. Go register for Test in Test Center and Enjoy your Success.

Important Braindumps Links

Below are some important links for test taking candidates

Medical Exams
Financial Exams
Language Exams
Entrance Tests
Healthcare Exams
Quality Assurance Exams
Project Management Exams
Teacher Qualification Exams
Banking Exams Request an Exam
Search Any Exam

100% Money Back Pass Guarantee

Back to List

Social Profiles

Slashdot | Reddit | Tumblr | Vk | Pinterest | Youtube