MB-310 Practice Test

You are the controller for an organization. The company purchased six service trucks. You
observe that your
accountant set up Fixed assets – vehicles in the wrong fixed asset group.
You need to achieve the following:
Change the fixed asset group so that the existing fixed asset transactions for the
original fixed asset are
canceled and regenerated for the new fixed asset.
Ensure that all value models for the existing fixed asset are created for the new
fixed asset. Any information
that was set up for the original fixed asset is copied to the new fixed asset.
Close the old fixed asset number in the old fixed assets group and create a new
fixed asset number in the
new fixed assets group.
Ensure that the historical transactions are transferred to the new fixed asset.
Ensure Historical Depreciation expense entries do not change.
What should you do?

A.

Reclassify the fixed asset

B.

Change the fixed asset group and keep the same fixed asset number

C.

Copy the fixed asset

D.

Transfer the fixed asset

A food manufacturer uses commodities such as beans, corn, and chili peppers as raw
materials. The prices of the commodities fluctuate frequently. The manufacturer wants to
use cost versions to simulate these fluctuations.
You need to set up cost versions and prices to accomplish the manufacturer's goal.
For which purpose should you use each costing type? To answer, select the appropriate
options in the answer area.
NOTE: Each correct selection is worth one point

You are configuring intercompany accounting for a multicompany enterprise. You need to
set up: the Due to and Due from accounts.
Which main account type should you use?

A.

Expense

B.

Asset

C.

Balance sheet

D.

Liability

E.

Profit and loss

A client is implementing fixed assets in Dynamics 365 Finance.
You need to specify which parameters should be configured to meet the business
requirements.
Which parameters meet the requirements? To answer, drag the appropriate parameters to
the correct requirements. Each parameter may be used once, more than once, or 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.

You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to generate a trial balance report for the period of January 1, 2017 to December
31, 2017. To validate you results, save the file in Microsoft Excel format to the
Downloads\Trial folder.
To complete this task, sign in to the Dynamics 365 portal.