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Microsoft MB-310 Certification Practice Test Questions And Answers (Guaranteed A+)

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Microsoft MB-310 Certification Practice Test Questions And Answers (Guaranteed A+) 01. You are a Dynamics 365 Finance functional consultant. Your client purchases laptops to be used by employees while traveling. You need to ensure that laptop use can be tracked by department managers. What should you do? a) Create a fixed asset group for the mobile laptops and assign an asset number to each laptop. b) Define each laptop as a fixed asset, and create a free text invoice each time a laptop is lent to an employee c) Define each laptop as a fixed asset, and instruct department managers to use fixed asset lending. d) Create fixed assets and transfer the fixed assets to the department managers. - AnswerAnswer: c) Define each laptop as a fixed asset, and instruct department managers to use fixed asset lending. 02. A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definitions? a) when financial dimensions need to default from the main account onto an invoice b) when using encumbrance accounting for purchase orders c) when the system needs to automatically post a transaction to the accounts receivable account on invoice posting d) when creating one offset ledger entry based on transaction type - AnswerAnswer: b) when using encumbrance accounting for purchase orders

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Microsoft MB-310 Certification Practice Test
Questions And Answers (Guaranteed A+)



01. You are a Dynamics 365 Finance functional consultant. Your client purchases laptops to be
used by employees while traveling. You need to ensure that laptop use can be tracked by
department managers. What should you do?


a) Create a fixed asset group for the mobile laptops and assign an asset number to each laptop.
b) Define each laptop as a fixed asset, and create a free text invoice each time a laptop is lent to
an employee
c) Define each laptop as a fixed asset, and instruct department managers to use fixed asset
lending.
d) Create fixed assets and transfer the fixed assets to the department managers. -
Answer✔Answer:


c) Define each laptop as a fixed asset, and instruct department managers to use fixed asset
lending.
02. A client has unique accounting needs that sometimes require posting definitions. You need to
implement posting definitions. In which situation should you implement posting definitions?


a) when financial dimensions need to default from the main account onto an invoice
b) when using encumbrance accounting for purchase orders
c) when the system needs to automatically post a transaction to the accounts receivable account
on invoice posting
d) when creating one offset ledger entry based on transaction type - Answer✔Answer:


b) when using encumbrance accounting for purchase orders


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