MB-310 Practice Test

Case study
This is a case study. Case studies are not timed separately. You can use as much
exam time as you would like to complete each case. However, there may be additional
case studies and sections on this exam. You must manage your time to ensure that you
are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information
that is provided in the case study. Case studies might contain exhibits and other resources
that provide more information about the scenario that is described in the case study. Each
question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review
your answers and to make changes before you move to the next section of the exam. After
you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the Next button. Use the buttons in the
left pane to explore the content of the case study before you answer the questions. Clicking
these buttons displays information such as business requirements, existing environment,
and problem statements. If the case study has an All Information tab, note that the
information displayed is identical to the information displayed on the subsequent tabs.
When you are ready to answer a question, click the Question button to return to the
question.
Background
Alpine Ski House has three partially owned franchises and 10 fully owned resorts
throughout the United States and Canada. Alpine Ski House’s percentage ownership of the
franchises is between two and 10 percent.

Alpine Ski House is undergoing an implementation of Dynamics 365 Finance and
Dynamics 365 Supply Chain Management to transform their financial management and
logistics capabilities across the franchises. Implementation is complete for Alpine Ski
House’s corporate offices, two US franchises, and one Canadian franchise. The remaining
franchises are in varying stages of the implementation. Two new resort projects are in the
budget planning stages and will open in the next fiscal year.
Current environment
Organization and general ledger
Each franchise is set up as a legal entity in Dynamics 365 Finance.
Alpine Ski House Corporate uses financial dimensions for their fully owned resorts.
Each resort is a financial dimension named resort.
Each fully owned resort has two divisions: marketing and operations.
Only Profit and Loss account postings require the division dimension.
Corporate handles the advertising and administration of the fully owned resorts.
Corporate uses Dynamics 365 Project Management and Accounting to manage
construction of new resorts.
Budgeting
Organizational budgeting is decentralized but rolls up to one organizational
corporate budget.
Each resort manager performs budgeting in Dynamics 365 Finance.
Budget preparation begins this month. All operational resorts will submit their
budgets in two weeks.
Sales and tax
Sales tax is configured and used by all resorts that operate in the United States.
You configure one US sales tax vendor account and assign the vendor account to
the settlement periods for reporting.
You use accounts receivable charges to track donations.
Existing purchasing contracts
Each franchise resort has an individual contract with a local supplier of their
choosing to purchase at least $10,000 worth of suppliers during the calendar year.
The franchise resorts in one US state receive a two percent discount on meat and
vegetable purchases in excess of $8,000 per year.
A franchise resort in Utah has agreed to purchase 1,000 units of beef at market
price from a local supplier.
Alpine Ski House uses a vendor collaboration portal to track purchase orders and
requests for quotes.
Vendors request access to the vendor collaboration portal by using a workflow
which runs on a nightly schedule.

Intercompany setup
Vendor123 resides in US franchise Company1 and is set up for intercompany transactions.
Customer345 resides in Canada franchise Company1 and is set up for intercompany
transactions.
Requirements
Franchises
Each franchise must pay two percent of monthly sales to Alpine Ski House
Corporate.
Each franchise must report their own financials to Alpine Ski House Corporate
monthly.
US franchises require a three-way-match on all purchases, with a 1-percent price
tolerance.
Canadian franchises require a three-way-match on all purchases except paper
products, which have a 10-percent price tolerance.
Corporate
Advertising costs must be balanced across the 10 resorts monthly. These costs
must be split across the 12 resorts once construction of the final two resorts is
completed.
Administration costs must be split across the 10 resorts proportional to the amount
of sales generated.
One percent of all pack and individual ski pass sales must be donated quarterly to
an environmental protection organization.
The finance department must be able to see purchasing contracts and discounts
for vendors based on volume spend.
Employees
All employee expense reports that contain the word entertainment must be reviewed for
the audit purposes. If a journal is posted incorrectly, the entire journal and not just the
incorrect line must be fully reversed for audit purposes.
Resorts
All resorts must use Dynamics 365 Finance for budgeting and must first be approved by
the regional manager. Purchased fixed assets must automatically be acquired at product
receipt.
Issues
User1 reports that irrelevant dimensions display in the drop down when entering a
General journal.
User2 reports that dimension 00 is being used for all balance sheet accounts.
User3 tries to generate the quarterly sales tax liability payment for a specific state

but does not see any payables available for that state’s vendor.
User4 receives a call from a vendor who cannot access the vendor collaboration
portal but needs immediate access.
User5 notices a large amount of entertainment expenses being posted without an
audit review.
User6 needs to have visibility into the increase in budget that is necessary to staff
the two new resorts opening next year.
User7 needs to use Dynamics 365 Finance for situational budgeting planning with
the ability to increase and decrease the existing plans by certain percentages.
User8 made a mistake while posting a 1,000-line journal and reverses the entire
journal but cannot find the lines that included errors during the reversal.
User9 made a mistake while posting a 55-line journal and reverses the entire
journal.
User10 realizes that the purchase of five new computers did not acquire five new
fixed assets upon receipt.