MB 310 FINANCE QUESTIONS WITH VERIFIED
ACCURATE SOLUTION 2026
Allocate budget plan lines to the destination scenario based on the percentages and
financial dimensions that are defined in a selected budget allocation term - Answers -
Allocate to Dimension
Allow budget amounts that are prepared at a lower level in the organization to be
consolidated at a higher level - Answers -Aggregate
Transfer amounts that were budgeted at a higher level to a lower level of the
organization for detailed review and adjustment before they can receive upper-level
approval - Answers -Copy from Budget Plan
Enable budget amounts that are prepared at a higher level in the organization to be
spread out for more localized review - Answers -Distribute
You are configuring the Fixed assets module for a Dynamics 365 Finance and
Operations environment,
You need to set up the basic configuration to create a fixed asset. Each correct answer
presents part of
the solution.
NOTE: Each correct selection is worth one point.
A. the number sequence
B. the group
C. the name
D. the type
E. the property type - Answers -ABC
An organization acquires a building. You need to register-and record the building as an
asset building in
Dynamics 365 Finance and Operations. What are three possible ways to achieve the
goal? Each correct
answer presents a complete solution. NOTE: Each correct selection is worth one point.
A. Select an acquisition transaction type within a fixed asset journal.
B. Select an account type of Fixed Asset and a transaction type of Acquisition with a
General Journal.
C. Use the sales order process to acquire the asset.
D. Eliminate the project to a fixed asset.
E. Create a sales invoice to record and register the fixed asset. - Answers -ABD
,A client is using the budget planning process in Dynamics 365 for Finance and
Operations. Your client
requires the ability to plan for a one-year, three-year, and five-year budget. You need to
configure the
various year length options to be used in the budgeting module. What should you do?
A. Configure budget control.
B. Configure budget codes.
C. Configure budget allocation terms.
D. Configure budget cycles. - Answers -B
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.
What should you do?
A. Reclassify the fixed asset.
B. Copy the fixed asset.
C. Change the fixed asset group
D. Transfer the fixed assets - Answers -D
You are the accounts receivable manager of an organization. The organization recently
sold machinery
to a customer. You need to register transactions for the sale of the machinery by using
a free text
invoice for fixed assets. Which transaction type should you use?
A. Disposal
B. Acquisition
C. Value adjustments
D. Depreciation - Answers -A
, Send communication to the customers detailing their past-due invoices - Answers -
Collection letter
Use the system to automatically calculate a late charge - Answers -Auto charges
Create a group of customers for a collection agent to monitor - Answers -Customer
pools
View a list of customers with colored indicators of a customer's payment status -
Answers -Period definitions
You need to configure invoice validation for two-way matching to match price totals.
Which option should you choose? - Answers -Enable invoice matching validation, set
Match invoice totals to yes, and set tolerance
You need to restrict a user from posting an invoice that has discrepancies without
authorization. Which option should you use? - Answers -Allow with warning
You are configuring vendor collaboration security roles for external vendors. You
manually set up a
vendor contact. You need to assign the Vendor (external) role to this vendor. Which
tasks can this
vendor perform?
A. Delete any contact person that they have created.
B. Deny or allow a contact person's access to documents on the vendor collaboration
interface that are
specific to the vendor account
C. View and modify contact person information, such as the person's title, email
address, and telephone
number.
D. View consignment inventory. - Answers -D
A client uses Dynamics 365 for Finance and Operations for accounts receivable.
You need to configure the method of payment to enforce the accounts receivable clerk
to enter the wire
number for the received electronic payment.
Which item should you set up as mandatory?
A. Select payment reference
B. Select bank transaction type
C. Select Deposit slip
D. Select Payment ID - Answers -A
You are configuring the Accounts payable module for a company.
The company needs to set a limit on the charges they will pay for specific items.
ACCURATE SOLUTION 2026
Allocate budget plan lines to the destination scenario based on the percentages and
financial dimensions that are defined in a selected budget allocation term - Answers -
Allocate to Dimension
Allow budget amounts that are prepared at a lower level in the organization to be
consolidated at a higher level - Answers -Aggregate
Transfer amounts that were budgeted at a higher level to a lower level of the
organization for detailed review and adjustment before they can receive upper-level
approval - Answers -Copy from Budget Plan
Enable budget amounts that are prepared at a higher level in the organization to be
spread out for more localized review - Answers -Distribute
You are configuring the Fixed assets module for a Dynamics 365 Finance and
Operations environment,
You need to set up the basic configuration to create a fixed asset. Each correct answer
presents part of
the solution.
NOTE: Each correct selection is worth one point.
A. the number sequence
B. the group
C. the name
D. the type
E. the property type - Answers -ABC
An organization acquires a building. You need to register-and record the building as an
asset building in
Dynamics 365 Finance and Operations. What are three possible ways to achieve the
goal? Each correct
answer presents a complete solution. NOTE: Each correct selection is worth one point.
A. Select an acquisition transaction type within a fixed asset journal.
B. Select an account type of Fixed Asset and a transaction type of Acquisition with a
General Journal.
C. Use the sales order process to acquire the asset.
D. Eliminate the project to a fixed asset.
E. Create a sales invoice to record and register the fixed asset. - Answers -ABD
,A client is using the budget planning process in Dynamics 365 for Finance and
Operations. Your client
requires the ability to plan for a one-year, three-year, and five-year budget. You need to
configure the
various year length options to be used in the budgeting module. What should you do?
A. Configure budget control.
B. Configure budget codes.
C. Configure budget allocation terms.
D. Configure budget cycles. - Answers -B
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.
What should you do?
A. Reclassify the fixed asset.
B. Copy the fixed asset.
C. Change the fixed asset group
D. Transfer the fixed assets - Answers -D
You are the accounts receivable manager of an organization. The organization recently
sold machinery
to a customer. You need to register transactions for the sale of the machinery by using
a free text
invoice for fixed assets. Which transaction type should you use?
A. Disposal
B. Acquisition
C. Value adjustments
D. Depreciation - Answers -A
, Send communication to the customers detailing their past-due invoices - Answers -
Collection letter
Use the system to automatically calculate a late charge - Answers -Auto charges
Create a group of customers for a collection agent to monitor - Answers -Customer
pools
View a list of customers with colored indicators of a customer's payment status -
Answers -Period definitions
You need to configure invoice validation for two-way matching to match price totals.
Which option should you choose? - Answers -Enable invoice matching validation, set
Match invoice totals to yes, and set tolerance
You need to restrict a user from posting an invoice that has discrepancies without
authorization. Which option should you use? - Answers -Allow with warning
You are configuring vendor collaboration security roles for external vendors. You
manually set up a
vendor contact. You need to assign the Vendor (external) role to this vendor. Which
tasks can this
vendor perform?
A. Delete any contact person that they have created.
B. Deny or allow a contact person's access to documents on the vendor collaboration
interface that are
specific to the vendor account
C. View and modify contact person information, such as the person's title, email
address, and telephone
number.
D. View consignment inventory. - Answers -D
A client uses Dynamics 365 for Finance and Operations for accounts receivable.
You need to configure the method of payment to enforce the accounts receivable clerk
to enter the wire
number for the received electronic payment.
Which item should you set up as mandatory?
A. Select payment reference
B. Select bank transaction type
C. Select Deposit slip
D. Select Payment ID - Answers -A
You are configuring the Accounts payable module for a company.
The company needs to set a limit on the charges they will pay for specific items.
