MB-310 Practice Q's ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS
Which of the following financial management C
functionalities in Finance and Operations helps
companies manage delinquent customers?
A. Accounts receivable
B. Accounts payable
C. Credit and collections
D. General ledger
Which of the following financial management C
functionalities in Finance and Operations helps
companies cancel wrong deposits?
A. Accounts receivable
B. Cash and bank management
C. Credit and collections
D. General ledger
Which of the following financial management A
functionalities in Finance and Operations helps
companies to prioritize payments received?
A. Accounts receivable
B. Cash and bank management
C. Credit and collections
D. General ledger
, What type of currency is known as a ledger currency? A
A. Accounting Currency.
B. Triangulation currency.
C. Reporting currency.
What type of currency is known as a secondary C
currency?
A. Accounting Currency.
B. Triangulation currency.
C. Reporting currency.
What type of currency is known as a based currency on A
the Denomination currencies comparisons page?
A. Accounting Currency.
B. Triangulation currency.
C. Reporting currency.
Accounting currency The monetary unit of measure that is used to record the converted monetary
value of economic transactions in ledger accounts. It may also be referred to as
the "company" or ledger currency.
Reporting currency A secondary accounting currency in the financial modules, that measures the
converted monetary value of transactions
Triangulation currency You must add the currencies that are denominated as the triangulation currency,
and they should be triangulated through the triangulation currency during the
currency conversion process on the Denomination currencies page
How can a fiscal calendar be copied from one legal C
entity to another?
A. Use data management.
B. The fiscal calendar is legal entity specific and cannot
be copied.
C. The fiscal calendar is shared master data, so there is no
need to copy it. You only need to associate it with the
Ledger page of the legal entity.
How many opening periods can you have in a fiscal C
calendar year?
A. two
B. unlimited
C. one
Which of the following financial management C
functionalities in Finance and Operations helps
companies manage delinquent customers?
A. Accounts receivable
B. Accounts payable
C. Credit and collections
D. General ledger
Which of the following financial management C
functionalities in Finance and Operations helps
companies cancel wrong deposits?
A. Accounts receivable
B. Cash and bank management
C. Credit and collections
D. General ledger
Which of the following financial management A
functionalities in Finance and Operations helps
companies to prioritize payments received?
A. Accounts receivable
B. Cash and bank management
C. Credit and collections
D. General ledger
, What type of currency is known as a ledger currency? A
A. Accounting Currency.
B. Triangulation currency.
C. Reporting currency.
What type of currency is known as a secondary C
currency?
A. Accounting Currency.
B. Triangulation currency.
C. Reporting currency.
What type of currency is known as a based currency on A
the Denomination currencies comparisons page?
A. Accounting Currency.
B. Triangulation currency.
C. Reporting currency.
Accounting currency The monetary unit of measure that is used to record the converted monetary
value of economic transactions in ledger accounts. It may also be referred to as
the "company" or ledger currency.
Reporting currency A secondary accounting currency in the financial modules, that measures the
converted monetary value of transactions
Triangulation currency You must add the currencies that are denominated as the triangulation currency,
and they should be triangulated through the triangulation currency during the
currency conversion process on the Denomination currencies page
How can a fiscal calendar be copied from one legal C
entity to another?
A. Use data management.
B. The fiscal calendar is legal entity specific and cannot
be copied.
C. The fiscal calendar is shared master data, so there is no
need to copy it. You only need to associate it with the
Ledger page of the legal entity.
How many opening periods can you have in a fiscal C
calendar year?
A. two
B. unlimited
C. one
