MB-310 Practice Test

You are a controller in an organization. You are identifying cost drivers to see how changes
in business activities affect the bottom line of your organization. You need to assess cost
object performance to analyze actual versus budgeted cost and how resources are
consumed.
You need to demonstrate your understanding of cost accounting terminology.
Which component maps to the cost accounting terminology?
To answer, drag the appropriate component to the correct cost accounting terminology.
Each source may be used once. 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 asked to configure foreign currency revaluation in Dynamics 365 for Finance and
Operations. You are viewing the main accounts,

A company plans to use Dynamics 365 Finance to calculate sales tax on sales orders.
You need to automatically calculate sales tax when the sales order is created.
Which three actions should you perform? Each correct answer presents part of the
solution.
NOTE: Each correct selection is worth one point

A.

Assign values to the sales tax codes and assign the sales tax codes to the sales tax
group associated to
the customer.

B.

Assign all sales tax codes to the item sales tax group associated to the item being sold.

C.

Set up a default item sales tax group on the item being sold and set up a default sales
tax group on the
custo

D.

Associate the sales tax jurisdictions to the item sales tax group associated to the item
being sold.
E. Set up a default sales tax code on the customer used on the sales order and set up a
default item sales tax
group on the item being sold.

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?

A.

Yes

B.

No

You are creating a payment proposal that shows invoices that are eligible to be paid.
You display the Accounts payable Payment proposal screen from the Accounts payable
payment journal.