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MB-310 Exam Dumps : Microsoft Dynamics 365 Finance

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Microsoft MB-310 Exam Dumps FAQs

Q. # 1: What is the Microsoft MB-310 Exam?

The Microsoft MB-310 Exam, also known as the Microsoft Dynamics 365 Finance Functional Consultant exam, tests your ability to implement and manage financial operations in Dynamics 365 Finance.

Q. # 2: Who is the target audience for the MB-310 Exam?

The MB-310 Exam is intended for functional consultants who analyze business requirements and translate them into fully realized business processes and solutions that implement industry best practices.

Q. # 3: What topics does the MB-310 Exam cover?

The MB-310 Exam encompasses a diverse range of finance and operations functionalities within Dynamics 365 Finance, including:

  • General Ledger
  • Accounts Payable & Receivable
  • Credit & Collections
  • Cash & Bank Management
  • Budgeting
  • Fixed Assets & Leasing
  • Tax
  • Expense Management
  • Subscription Billing (replacing Revenue Recognition as of January 2024)
  • Cost Accounting & Management
  • Consolidation & Elimination

Q. # 4: How many questions are on the MB-310 Exam?

The MB-310 Exam consists of 40-60 questions.

Q. # 5: How long is the MB-310 Exam?

The MB-310 Exam duration is approximately 100 minutes.

Q. # 6: What is the passing score for the MB-310 Exam?

A score of 700 or higher is required to pass the MB-310 Exam.

Q. # 7: What is the difference between Microsoft MB-310 and MB-330 Exams?

The Microsoft MB-310 and Microsoft MB-330 exams are both part of the Dynamics 365 certification track but focus on different functional areas within the system. Here's a breakdown of the key differences:

  • Microsoft MB-310: The Microsoft MB-310 Exam Focuses on configuring and managing financial operations in Dynamics 365 Finance. It covers areas like general ledger, accounts payable and receivable, budgeting, fixed assets, and financial reporting.
  • Microsoft MB-330: The Microsoft MB-330 Exam Focuses on supply chain operations within Dynamics 365 Supply Chain Management. It covers areas like inventory management, production control, sales and purchase processes, warehousing, and transportation management.

Q. # 8: What is the best way to prepare for the Microsoft MB-310 Exam?

The best way to prepare for the MB-310 exam is by using CertsTopics MB-310 exam dumps, questions and answers, and MB-310 study guide.

Q. # 9: Is there a practice test available for the Microsoft MB-310 Exam on CertsTopics?

Yes, CertsTopics provides MB-310 Practice Tests that mimic the actual exam environment, helping candidates gain confidence and improve their time management skills.

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Microsoft Dynamics 365 Finance Questions and Answers

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Question 1

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.

A client has multiple legal entities set up in Dynamics 365 Finance. All companies and data reside in Dynamics 365 Finance.

The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Dynamics 365 Finance instead.

You need to configure the system and correctly perform eliminations.

Solution: Select Consolidate online in Dynamics 365 Finance. 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?

Options:

A.

Yes

B.

No

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Question 2

You need to enforce financial budgets for management and resolve User As issue. What should you do?

Options:

A.

Configure budget control threshold.

B.

Create a schema for formulating budget.

C.

Create a new organizational hierarchy.

D.

Apply security rules to budget plans.

Question 3

You need to configure the cash flow management reports.

How should you configure cash flow management? To answer, select the appropriate options m the answer area.

NOTE: Each correct selection is worth one point.

Options:

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