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  1. Home
  2. Microsoft Certification
  3. MB-310 Exam
  4. Microsoft.MB-310.v2023-10-19.q188 Dumps
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Question 141

You are implementing Dynamics 365 Finance.
You commonly complete the sale of goods across international borders.
You need to configure the system.
What should you use?

Correct Answer: A
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Question 142

An organization acquires a building.
You need to register and record the building as an asset building in Dynamics 365 Finance and Operations.
What are three possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

Correct Answer: A,B,D
Section: Topic 4, Manage budgeting and fixed assets
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Question 143

A company manufactures air filtering units few industrial manufacturing plants.
During the acquisition of one of the components that is used in the unit, an agreement is reached that the $25. 000 component mil be paid for in the following schedule:
* The first payment will be $10,000
* The remaining balance will be distributed equally and due on the 15m of the month for the next three months. You need to configure the system for the payment schedule.
What should you do?

Correct Answer: A
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Question 144

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 are3. NOTE: Each correct selection is worth one point.

Correct Answer:

Explanation


References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-accounting/terms-cost-accounti
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Question 145

You need to configure revenue recognition to meet the requirements.
Which configuration should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than 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

Correct Answer:

Topic 5, First Up Consultants
Ledger
Humongous Insurance is a US-based company and operates its fiscal year from January 1 to December M.
Humongous insurance reports across an its subsidiaries in consolidated financial reports. Trey Research is a Canadian-based company that operates its fiscal year from April 1 to March 31. Humongous Insurance employees receive an annual cost of living increase.
Requirements
* One of Humongous Insurance's companies provides insurance to government clients and must separate that particular company into its owm subsidiary.
* The Humongous subsidiary will operate in China, which requires a fiscal year from February 1 to January 31. - Transitions must be posted in the business of record.
* Humongous insurance s subsidiary requires accounting entries to be posted from the subledger to the general ledger by 5:00 PM each day.
* Trey Research requires accounting entries to be posted from the subledger to the ledger immediately.
Taxes
* As part of the spinoff to a subsidiary, Humongous Insurance s subsidiaries taxes must be changed from US government rates to Chinese government rates.
* Humongous Insurance's subsidiary must track use taxes that are not claimed or reported to the Chinese tax agency.
Fiscal calendars
You must create three new fiscal calendars
* A fiscal calendar named FebJan that runs from Feb 1 to Jan 31.
* A fiscal calendar named AprMar that runs from April 1 to March 31.
* A fiscal calendar named JanDec that runs from January 1 to December 31.
Accounts
* Trey Research most track bank account balances and transactions for each province in which it operates.
* The bank statement must be sent to the physical address of the home office.
Promotion
* Humongous insurance s subsidiary plans to celebrate its new subsidiary status by sending out free gifts to existing policy based on the Tier of their policy.
* Promotional Items are ordered for distribution and once received must be Tracked within Dynamics 365 Finance.
Reporting
* The CEO of Humongous Insurance needs to view the insurance products that customers plan to purchase. The report must show all transactions made over the last two years.
* The corporate vice president of Humongous Insurance s subsidiary needs to view the forecasted cash impact of specific products purchased. The report must show only new transactions.
Expenses
Expenses must be pain using the following requirements:

Credit card processing
* Humongous Insurance requires all credit card transactions to include line-item details.
* Humongous Insurance's subsidiary requires the shipping address merchant address, and lax information but cannot include any order line details.
* Trey Research requires all credit card transactions include transaction date, transaction amount, description, and line-item details.
Compliance and compensation
* Trey Research must be able to audit any modifications to its budget
* Humongow Insurance employees must receive raises tour times pet budget cycle.
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