MB-310 Practice Test

You need to configure invoice validation for vendors in Dynamics 365 for Finance and
Operations. You are viewing the Accounts payable parameter for Invoice validation.

A client is implementing Accounts payable. The client wants to establish three-way
matching for 100 of their 5,000 stocked items from a specific vendor.
The client requires the ability to have items that require only two-way matching and specific
items that require three-way matching.
You need to configure the system in the most efficient manner to achieve these
requirements.
What should you do?

A.

Configure a company matching policy of a three-way match.

B.

Configure a company matching policy of two-way matching and specify the items that
require a three-way match.

C.

Configure a company matching policy of two-way matching and set the matching policy
for specific item, and vendor combination level to three-way matching.

D.

Configure a company matching policy of non-required and specify the items that require
a three-way match.

E.

Configure a company matching policy of two-way matching and specify the vendors that
require a three-way match.

You are a finance consultant. Your client needs you to configure cash flow forecasting.
The client wants specific percentages of main accounts to contribute to different cash flow
forecasts for other
main accounts.
You need to configure Dynamics 365 for Finance to meet the needs of the client.
What should you do?

A.

A the Cash flow forecasting setup form, configure the primary main account to assign a
percentage to the
dependent account.

B.

Configure the parent/child relationship for the main account and subaccounts by using
appropriate
percentages.

C.

Configure the cash flow forecasting setup for Accounts Payable before you configure
vendor posting
profiles.

D.

On the Cash flow forecasting setup form, use the Dependent Accounts setup to specify
which account and
percentage is associated to the main account.
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A client observes that some customers are late paying their invoices. The client wants to
use the Credit and Collections functionality to send collection letters to customers.
need to configure the system to support collection letter functionality and processing.
In which order should you perform the actions? To answer, move all actions from the list of
actions to the answer area and arrange them in the correct order.

A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All
companies and data reside in Finance and Operations.
The client currently uses a separate reporting tool to perform their financial consolidation
and eliminations. They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Set up Elimination rules in the system. Then, run an elimination proposal.
Configure the rules to post to any company that has Use for financial elimination process
selected in the legal entity setup.
Does the solution meet the goal?

A.

Yes

B.

No