MB-310 Practice Test

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

An organization plans to use defined journal names for each purpose. They want to ensure
that journal
processing is easier and more secure.
The organization has the following requirements:
Set up restrictions on the account type and segment values.
Capture data accurately for offset accounts, currency, and financial dimensions.
Maintain internal control and establish materiality limits.
You need to set up journal name elements to meet these requirements.
Which three journal elements should you configure? Each correct answer presents part of
the solution.
NOTE: Each correct selection is worth one point.

A.

workflow approval

B.

account type

C.

journal type

D.

default values

E.

journal control

You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration
in the answer area.
NOTE: Each correct selection is worth one point.

You must configure journal controls in Dynamics 365 for Finance and Operations.

An organization sells monthly service subscriptions. The organization sends invoices to
customers on the 15th of every month in the amount of $450.00.
You need to set up, configure, and process recurring free text invoices for the customers.