Microsoft ADX261 Exam Questions and Updated Info

Welcome to ExamTopics

- Expert Verified, Online, Free.

MAIL US

info@examtopicspro.com

Microsoft MB-310 Exam Questions

$ 39

Description

Exam Name: Microsoft Dynamics 365 Finance Functional Consultant

Exam Code: MB-310

Related Certification(s):

Microsoft Dynamics 365 Certifications
Microsoft Dynamics 365 Finance Functional Consultant Associate Certifications

Certification Provider: Microsoft

Actual Exam Duration: 100 Minutes

Number of MB-310 practice questions in our database: 286 (updated: Jan. 16, 2025)

Expected MB-310 Exam Topics, as suggested by Microsoft :

Module 1: Set up and configure financial management: This section covers effectively setting up the financial management module to improve financial functions.
Module 2: Implement accounts receivable, credit, collections, and revenue recognition: This section covers the adoption of accounts receivable, managing credit, collection amounts, and the procedure of recognizing revenues and cash flows.
Module 3: Implement and manage accounts payable and expenses: This section covers the comprehension of overseeing and administering accounts payable and expenses streamlining payments and monitoring expenses.
Module 4: Manage budgeting: This section covers attaining skills related to managing the budgeting process to ensure financial planning and control.
Module 5: Manage fixed assets: This section of the exam covers managing fixed assets, acquiring them, their wear and tear, replacement, and maintaining financial records.

Description
Reviews (0)

Description

Exam Name: Microsoft Dynamics 365 Finance Functional Consultant

Exam Code: MB-310

Related Certification(s):

Microsoft Dynamics 365 Certifications
Microsoft Dynamics 365 Finance Functional Consultant Associate Certifications

Certification Provider: Microsoft

Actual Exam Duration: 100 Minutes

Number of MB-310 practice questions in our database: 286 (updated: Jan. 16, 2025)

Expected MB-310 Exam Topics, as suggested by Microsoft :

Module 1: Set up and configure financial management: This section covers effectively setting up the financial management module to improve financial functions.
Module 2: Implement accounts receivable, credit, collections, and revenue recognition: This section covers the adoption of accounts receivable, managing credit, collection amounts, and the procedure of recognizing revenues and cash flows.
Module 3: Implement and manage accounts payable and expenses: This section covers the comprehension of overseeing and administering accounts payable and expenses streamlining payments and monitoring expenses.
Module 4: Manage budgeting: This section covers attaining skills related to managing the budgeting process to ensure financial planning and control.
Module 5: Manage fixed assets: This section of the exam covers managing fixed assets, acquiring them, their wear and tear, replacement, and maintaining financial records.

Reviews

There are no reviews yet.

Be the first to review “Microsoft MB-310 Exam Questions”

Q1. You have implemented Dynamics 365 finance. You must update the fiscal year to a 4-4-5 quarterly configuration. You need to configure the fiscal year. What should you do?

A.Configure the period length to 12 months and adjust the ending date of each period.

B. Set up the length of the period to 13 months.

C. Set up the length of the period to 1 year and divide the period according to the quarterly configuration.

D. Configure the period length to 1 year and adjust the ending date of each period.

Answer

Correct Answer: C

Q2. 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 manage a Dynamics 365 Finance implementation. You must provide the budget versus actual reporting in near real time. You need to configure the ledger budgets and forecasts workspace to track expenses over budget and revenue under budget. Solution: Configure an expense dimension set. Configure the set show amounts field value to per budget cycle. Does the solution meet the goal?

A.Yes

B. No

Answer

Correct Answer: B

Q3. A company has implemented Dynamics 365 Finance. The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance. You need to configure the system to remit tax payments. What should you do?

A.Set up a customer record for the tax authority.

B. Associate the vendor record to the tax authority.

C. Associate the vendor record to The settlement period.

D. Set up the jurisdiction and associate the jurisdiction to the tax authority

Answer

Correct Answer: B

Q4. You create a parent budget for the next fiscal year of a parent company. The parent company is configured as its own legal entity. Franchises are configured as separate legal entities. The parent company sets the budget for each franchise based on the past year's performance. Ledger allocation rules, periods allocation keys, and budget allocation terms have not been created. Budget line items must be allocated to the budget for each franchise. You need to ensure the franchise budgets are allocated. What should you do?

A.Create budget allocation terms. Set the allocation method to allocate to dimensions.

B. Create ledger allocation rules. Set the allocation method to use ledger allocation rules

C. Set the allocation method to distribute.

D. Set the allocation method to aggregate.

E. Create period allocation keys. Set the allocation method to allocate across periods.

Answer

Correct Answer: A

Answer

Answer

Answer

Answer

Frequently Asked Questions

What is ExamTopics Pro?

ExamTopics Pro is a premium service offering a comprehensive collection of exam questions and answers for over 1000 certification exams. It is regularly updated and designed to help users pass their certification exams confidently.

My credit card is not accepted, I'm not able to purchase subscription. What should I do?

Please contact team@examtopics.com and we will provide you with alternative payment options.

How can I renew my subscription?

The subscriptions at Examtopics.com are recurring according to the Billing Cycle of your Subscription Plan, i.e. after a certain period of time your credit card is re-billed automatically until/unless you cancel your subscription.

How long will I receive updates for the exams that I purchased?

Free updates are available for the duration of your subscription, after the subscription is expired, your access will no longer be available.

Get IT Certification

Unlock free, top-quality video courses on ExamTopicspro with a simple registration. Elevate your learning journey with our expertly curated content. Register now to access a diverse range of educational resources designed for your success. Start learning today with ExamTopicspro!

We are the biggest and most updated IT certification exam material website.

Using our own resources, we strive to strengthen the IT professionals community for free.

SiteMAP

Recent Articles

© 2024 ExamTopics

ExamTopicspro doesn’t offer Real Microsoft Exam Questions. ExamTopicspro doesn’t offer Real Amazon Exam Questions. ExamTopicspro Materials do not contain actual questions and answers from Cisco’s Certification Exams.

CFA Institute does not endorse, promote or warrant the accuracy or quality of ExamTopicspro. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.