Preparing for MB-310 Microsoft Dynamics 365 for Finance and Operations, Financials exam? Passquestion provides the latest Microsoft MB-310 Practice Test Questions which can assist you to prepare efficiently and pass the Microsoft MB-310 exam successfully. Passing MB-300 Microsoft Dynamics 365 Unified Operations Core and MB-310 leads to the certification Microsoft Certified: Dynamics 365 for Finance and Operations, Financials Functional Consultant Associate.

Exam MB-310: Microsoft Dynamics 365 for Finance and Operations, Financials

Passing MB-310 validates the skills and knowledge to analyze and translate business requirements into fully realized business processes and solutions that implement industry best practices. Candidates have a fundamental understanding of accounting principles and financial operations of businesses, customer service, field service, manufacturing, retail, and supply chain management concepts and serve as a key resource to implement and configure applications to meet business requirements.

Skill Measured In Microsoft MB-310 Exam

Below is a list of the skills measured and how much of the exam is expected to be focused on these skills.
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%)

Download Microsoft MB-310 Practice Test Questions:

1.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

2.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

3.An organization is setting up a cost accounting. You need to set up fiscal calendars for Dynamics 365 for Finance and Operations.
What are three uses for fiscal calendars? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
A. standard work hours
B. financial transactions
C. fixed asset depreciation
D. budget cycles
E. shift work hours
Answer: BCD

4.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

5.A legal entity has locations and customers in multiple states within the United States.
You need to ensure that taxable customers are charged sales tax for taxable items in their delivery location.
Which three settings must you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. the Sales tax group on the Customer record
B. the Terms of delivery setup
C. the Item Sales tax group on the Item record
D. the Sales reporting codes
E. the Sales tax codes
Answer: ABE