MB-310 Practice ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS
Which system account is not a required system account? Cash difference
Which task is not completed from the chart of accounts in Create periods
Finance?
, Which account type is used for budgetary control? Expense
You plan to transfer the balances to the Closing sheet Result
forms during the closing process. What option should
you select to update operating accounts?
Which functionality in Finance helps companies manage Credit and collections
delinquent customers?
Which functionality in Finance helps companies cancel Cash and bank management
wrong deposits?
Which functionality in Finance helps companies to Accounts receivable
prioritize payments received?
What type of currency is known as a ledger currency? Accounting currency
What type of currency is known as a secondary Reporting currency
currency?
How can a fiscal calendar be copied from one legal The fiscal calendar is shared master data, so there is no need to copy it. You only
entity to another? need to associate it with the Ledger page of the legal entity
How many opening periods can you have in a fiscal One
calendar year?
How many closing periods can you have in a fiscal Unlimited
calendar year?
Which journal type registers basic information about Invoice register
customer invoices?
Which journal type creates a file that can be sent to your Customer bank remittance
organization's bank?
What is one of the benefits of the chart of accounts in A chart of accounts can be used for multiple legal entities in an organization.
Finance?
Which report has an option to show transactions by day, Dimension statement
account, dimension and period?
In which tab of a journal header can you make the journal Blocking
private for your own use, so no one else can edit the
journal?
You are working with a journal that has been created by Global general journal
your CFO from a different company. Which form has the
CFO used in his/her legal entity for you to be able to
view it?
Which system account is not a required system account? Cash difference
Which task is not completed from the chart of accounts in Create periods
Finance?
, Which account type is used for budgetary control? Expense
You plan to transfer the balances to the Closing sheet Result
forms during the closing process. What option should
you select to update operating accounts?
Which functionality in Finance helps companies manage Credit and collections
delinquent customers?
Which functionality in Finance helps companies cancel Cash and bank management
wrong deposits?
Which functionality in Finance helps companies to Accounts receivable
prioritize payments received?
What type of currency is known as a ledger currency? Accounting currency
What type of currency is known as a secondary Reporting currency
currency?
How can a fiscal calendar be copied from one legal The fiscal calendar is shared master data, so there is no need to copy it. You only
entity to another? need to associate it with the Ledger page of the legal entity
How many opening periods can you have in a fiscal One
calendar year?
How many closing periods can you have in a fiscal Unlimited
calendar year?
Which journal type registers basic information about Invoice register
customer invoices?
Which journal type creates a file that can be sent to your Customer bank remittance
organization's bank?
What is one of the benefits of the chart of accounts in A chart of accounts can be used for multiple legal entities in an organization.
Finance?
Which report has an option to show transactions by day, Dimension statement
account, dimension and period?
In which tab of a journal header can you make the journal Blocking
private for your own use, so no one else can edit the
journal?
You are working with a journal that has been created by Global general journal
your CFO from a different company. Which form has the
CFO used in his/her legal entity for you to be able to
view it?
