Free Microsoft MB-310 Exam Dumps Questions & Answers

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.
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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 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

You are configuring the basic budgeting for a Dynamics 365 Finance environment.
You need to configure the types of entries allowed.
Which two configurations can you use? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point,

• A.Budget register entry line needs a main account and amount to be valid.
• B.The budget register entry journals require both Expense and Revenue amount types.
• C.Budget register entry journals must be allocated across all fiscal periods.
• D.Budget register entry lines must select only one account structure.
• E.The budget register entries can contain either Expense or Revenue amount types.

You need to ensure the promotional gifts are posted to the correct account. What should you use?

• A.Item groups
• B.Field groups
• C.Customer credit groups
• D.Bank groups
• E.Classification groups

You need to configure system functionality for pickle type reporting.
What should you use?

• A.procurement category hierarchies
• B.financial dimensions
• C.item model groups
• D.item groups
• E.procurement categories

The Canadian franchise purchases excess ski equipment from the US franchise. Two sets of skis are purchased totaling USD1,000.
When the purchase invoice is prepared, USD10,000 is keyed in by mistake.
Which configuration determines the result for this intercompany trade scenario?

• A.Post invoices with discrepancies is set to allow with warning.
• B.Match invoice totals is set to yes.
• C.Three-way match policy is configured.
• D.Two-way match policy is configured.
• E.Post invoices with discrepancies is set to require approval.