MB 310 QUESTIONS WITH VERIFIED ACCURATE
SOLUTION 2026
The company plans to use the Budget module in Dynamics 365 for Finance and
Operations for budget management You need to create the new budgets. Solution:
Create budget plans for multiple scenarios. Does the solution meet the goal?
A.Yes
B.No - Answers -Yes
The company plans to use-pie Budget module in Dynamics 365 for Finance and
Operations for budget management You need to create the new budgets. Solution:
Create budget plans to define the revenues for a budget Does the solution meet the
goal?
A.Yes
B.No - Answers -Yes
A company is preparing to complete yearly budgets. The company plans to use the
Budget module in Dynamics 365 for Finance and Operations for budget management
You need to create the new budgets. Solution: Combine budgets from multiple legal
entities to a master budget. Does the solution meet the goal?
A.Yes
B.No - Answers -Yes
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: Create a separate company in which you
manually create the eliminations. Then, use that company in Financial reporting or in
the consolidation process. Does the solution meet the goal?
A.Yes
B.No - Answers -Yes
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: Select Consolidate online in Finance and
Operations. Include eliminations during the processor as a proposal. Setup the
,transactions to post in the legal entity configured for consolidations. Does the solution
meet the goal?
A.Yes
B.No - Answers -No
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 - Answers -Yes
A company plans to create a new allocation rule for electric utilities expenses. The
allocation rule must meet the following requirements:
*Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various
destination lines.
You need to configure the allocation rule. Which allocation method should you use?
A.Fixed percentage
B.Equally
C.Basis
D.Fixed weight - Answers -C
A client plans to use the cost accounting module in Dynamics 365 for Finance and
Operations. You need to associate the correct definitions to the correct cost accounting
concepts. Which terms match the definitions? To answer, select the appropriate
configuration in the answer area. NOTE: Each correct selection is worth one point.
1. Used to measure and quantify activities, such as machine hours that are used.
a. cost entry
b. cost object
c. cost element
d. allocation base
2. The result of a transfer via data connectors from general ledger entries, cost
allocations, and posted cost entries in cost journals.
a. cost entry
, b. cost element
c. cost classification
d. allocation base
3. Anything that is selected for cost control. Costs or revenues are either directly posted
on or allocated to these.
a. cost entry
b. cost object
c. cost element
d. allocation base
4. Used as a function to track and categorize - Answers -d, a, b, b, d
A company provides employee life insurance to all full-time employees. Employee life
insurance policies are paid twice a year to the insurance company. Transactions for
current employees must be recognized in the general ledger twice a month with an
employee's pay. Transactions for new
employeesmustberecognizedinthegeneralledgerbasedupontheemployee'sfirstpaydate.
You need to configure accrual schemes for the new fiscal year. Which two
configurations should you use?Each correct answer presents part of the solution.
A.For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset
to the first day of the fiscal year.
B. For current employees, use a Credit accrual scheme. In the ledger accrual, set the
offset to the employee's first pay date.
C. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset
to the employee's first pay date.
D.For current employees, use a D - Answers -C, D
You are configuring intercompany accounting for a multicompany enterprise. You need
to setup: 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 - Answers -C
An organization is setting up cost accounting. You need to setup fiscal calendars for
Dynamics 365 for Finance and Operations. What are three uses for fiscal
calendars?Each correct answer presents a complete solution.
A.standard work hours
B.financial transactions
C.fixed asset depreciation
D.budget cycles
E.shift work hours - Answers -B, C, D
SOLUTION 2026
The company plans to use the Budget module in Dynamics 365 for Finance and
Operations for budget management You need to create the new budgets. Solution:
Create budget plans for multiple scenarios. Does the solution meet the goal?
A.Yes
B.No - Answers -Yes
The company plans to use-pie Budget module in Dynamics 365 for Finance and
Operations for budget management You need to create the new budgets. Solution:
Create budget plans to define the revenues for a budget Does the solution meet the
goal?
A.Yes
B.No - Answers -Yes
A company is preparing to complete yearly budgets. The company plans to use the
Budget module in Dynamics 365 for Finance and Operations for budget management
You need to create the new budgets. Solution: Combine budgets from multiple legal
entities to a master budget. Does the solution meet the goal?
A.Yes
B.No - Answers -Yes
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: Create a separate company in which you
manually create the eliminations. Then, use that company in Financial reporting or in
the consolidation process. Does the solution meet the goal?
A.Yes
B.No - Answers -Yes
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: Select Consolidate online in Finance and
Operations. Include eliminations during the processor as a proposal. Setup the
,transactions to post in the legal entity configured for consolidations. Does the solution
meet the goal?
A.Yes
B.No - Answers -No
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 - Answers -Yes
A company plans to create a new allocation rule for electric utilities expenses. The
allocation rule must meet the following requirements:
*Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various
destination lines.
You need to configure the allocation rule. Which allocation method should you use?
A.Fixed percentage
B.Equally
C.Basis
D.Fixed weight - Answers -C
A client plans to use the cost accounting module in Dynamics 365 for Finance and
Operations. You need to associate the correct definitions to the correct cost accounting
concepts. Which terms match the definitions? To answer, select the appropriate
configuration in the answer area. NOTE: Each correct selection is worth one point.
1. Used to measure and quantify activities, such as machine hours that are used.
a. cost entry
b. cost object
c. cost element
d. allocation base
2. The result of a transfer via data connectors from general ledger entries, cost
allocations, and posted cost entries in cost journals.
a. cost entry
, b. cost element
c. cost classification
d. allocation base
3. Anything that is selected for cost control. Costs or revenues are either directly posted
on or allocated to these.
a. cost entry
b. cost object
c. cost element
d. allocation base
4. Used as a function to track and categorize - Answers -d, a, b, b, d
A company provides employee life insurance to all full-time employees. Employee life
insurance policies are paid twice a year to the insurance company. Transactions for
current employees must be recognized in the general ledger twice a month with an
employee's pay. Transactions for new
employeesmustberecognizedinthegeneralledgerbasedupontheemployee'sfirstpaydate.
You need to configure accrual schemes for the new fiscal year. Which two
configurations should you use?Each correct answer presents part of the solution.
A.For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset
to the first day of the fiscal year.
B. For current employees, use a Credit accrual scheme. In the ledger accrual, set the
offset to the employee's first pay date.
C. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset
to the employee's first pay date.
D.For current employees, use a D - Answers -C, D
You are configuring intercompany accounting for a multicompany enterprise. You need
to setup: 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 - Answers -C
An organization is setting up cost accounting. You need to setup fiscal calendars for
Dynamics 365 for Finance and Operations. What are three uses for fiscal
calendars?Each correct answer presents a complete solution.
A.standard work hours
B.financial transactions
C.fixed asset depreciation
D.budget cycles
E.shift work hours - Answers -B, C, D
