MB-310 Dumps PDF 2026 Program Your Preparation EXAM SUCCESS
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Step 3: Locate and gather the right preparation resources
Finding and gathering the right resources is critical in any preparation process because it allows the candidates to have a deep understanding of each domain. You can go for the following options:
- Books: They have always been around from the beginning of the study life cycles. They are still the most useful learning resources when it comes to preparing for any certification exam. Some of the top picks include the following guides:
- Microsoft Dynamics 365 for Finance & Operations: Learn & Understand the Functionality of the Microsoft Enterprise Solution (Andreas Luszczak);
- Implementing Microsoft Dynamics 365 for Finance & Operations: Implement Methodology, Integration, and Data Migration (Rahul Mohta);
- Implementing Microsoft Dynamics 365 for Finance & Operations Apps (JJ Yadav).
- Microsoft Training Programs: Microsoft offers two ways to prepare, which include paid instructor-led training courses and free online training paths. There are exam questions at the end of every module of online training.
You can read the Microsoft MB-310 Certification Exam Requirements
Candidates for this exam have a basic understanding of the concepts of corporate accounting and finance, customer service, field service, manufacturing, retail, and supply chain management.
Applicants for this exam usually train in one or more sets of Microsoft Dynamics 365 Finance functions, including finance, manufacturing, and supply chain management. Applicants must have knowledge of basic accounting principles and practices.
- Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate
NEW QUESTION # 108
You are implementing a Dynamics 365 for Finance and Operations General ledger module for a client that has multiple legal entities.
The client has the following requirements:
* Post journal entries for all companies from one legal entity.
* Configure automatic creation of due to/due from transactions based on when LegalEntityA transacts with LegalEntityB.
* Automatically split the dollar amount in half between DimensionA and DimensionB when the journal is posted.
* Set up fixed or variable allocations, and then review the allocations in a journal before posting,
* Automatically post year-end results to account 30016 during year-end close.
You need to configure the system.
Which system capability should you configure? To answer, select the appropriate configuration in the answer area.
Answer:
Explanation:
NEW QUESTION # 109
You are configuring Dynamics 365 Finance.
You need to implement posting definitions for all available transaction types.
For which type of transactions can you implement posting definitions?
- A. Accounts payable, Accounts receivable, Bank, Budget, Payroll, and Purchasing
- B. Accounts payable, Accounts receivable, Budget, and Fixed assets
- C. Accounts payable, Bank, Budget, Fixed assets, and Payroll
- D. Accounts payable, Accounts receivable, Fixed assets, Payroll, and Purchasing
Answer: A
NEW QUESTION # 110
You are implementing a Dynamics 365 for Finance and Operations General ledger module for a client that has multiple legal entities.
The client has the following requirements:
* Post journal entries for all companies from one legal entity.
* Configure automatic creation of due to/due from transactions based on when LegalEntityA transacts with LegalEntityB.
* Automatically split the dollar amount in half between DimensionA and DimensionB when the journal is posted.
* Set up fixed or variable allocations, and then review the allocations in a journal before posting,
* Automatically post year-end results to account 30016 during year-end close.
You need to configure the system.
Which system capability should you configure? To answer, select the appropriate configuration in the answer area.
Answer:
Explanation:
NEW QUESTION # 111
A company has implemented Dynamics 365 Finance.
The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance.
You need to configure the system to remit tax payments.
What should you do?
- A. Set up a customer record for the tax authority.
- B. Associate the vendor record to the tax authority.
- C. Set up the jurisdiction and associate the jurisdiction to the tax authority.
- D. Associate the vendor record to the settlement period.
Answer: C
NEW QUESTION # 112
You are implementing revenue recognition functionality in Microsoft Dynamics 365 Finance. You need to configure revenue schedules to meet the following requirements:
* Agreement start and end dates must be determined by the system.
* Determine revenue price allocation across the occurrences based on contract terms.
Which feature should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content
Answer:
Explanation:
Explanation
NEW QUESTION # 113
A company is implementing Dynamics 365 Finance.
The company needs the ability to handle deferring revenue, reallocations, revenue schedules, and milestone-based recognition.
You need to configure the functionality.
What should you do? To answer, drag the appropriate functionality to the correct requirement. Each functionality may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 114
You are implementing revenue recognition functionality in Microsoft Dynamics 365 Finance. You need to configure revenue schedules to meet the following requirements:
* Agreement start and end dates must be determined by the system.
* Determine revenue price allocation across the occurrences based on contract terms.
Which feature should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content
Answer:
Explanation:
Explanation:
NEW QUESTION # 115
A rental service company with complex accrual requirements has accrual schemes set up in its implementation. They want to use defined accrual schemes to perform transactions.
You need to use an accrual scheme to create transactions for this company.
Which actions should you perform? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 116
A company is implementing Dynamics 365 Finance.
The company mandates that the ledger account track changes in its inventory balance sheet account throughout the packing slip and invoice posting processes.
You need to configure an inventory posting profile for sales orders.
How should you configure the inventory posting profile? To answer, move the appropriate sales order posting profile types to the correct sales order processes. You may use each sales order posting profile type once, more than once, or not at all. You may need to move the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 117
You Create a financial dimension set named MA + DEPT+PROJ as shown in the following screenshot. The financial dimension set include the following dimensions:
* Main Account
* Department
* Project
Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic. NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION # 118
A company plans to implement financial management with Dynamics 365 Finance.
The company must be able to view cost changes for manufactured items without affecting the current active costs.
You need to configure the costing versions.
Which type of costing version should you configure?
- A. Actual cost tracking
- B. Indirect cost allocation
- C. Standard costs
- D. Planned costs
Answer: D
Explanation:
Planned cost versions are used to analyze and review cost changes for manufactured items without impacting active inventory costs. They support simulations and cost reviews, allowing visibility into potential cost changes before any activation.
NEW QUESTION # 119
You need to configure settings to resolve User1's issue.
Which settings should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
NEW QUESTION # 120
Drag and Drop Question
A company is implementing Dynamics 365 Finance.
The company needs the ability to handle deferring revenue, reallocations, revenue schedules, and milestone-based recognition.
You need to configure the functionality.
What should you do? To answer, drag the appropriate functionality to the correct requirement.
Each functionality may be used once, more than once, or not at all.
You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
Box 1: Revenue schedule
In general, the revenue recognition process can be used to perform these tasks:
Allocate revenue, to help ensure that the appropriate revenue price is recognized, based on the value of the components on multi-element orders.
Defer revenue, based on a revenue schedule that represents the contractual time frame and percentages for recognizing revenue over time.
Box 2: Revenue recognition journals
A new journal type has been introduced for revenue recognition. The journal is required and is used in two scenarios.
The first scenario occurs.
The second scenario occurs when a journal is created after reallocation occurs. Reallocation occurs when a sales order line is added to a previously invoiced sales order, or when a new sales order is created that includes a line that is part of the original contract. If an invoice was posted before the new sales order line is added, a correcting accounting entry must be created for the posted customer invoice.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-overview
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-setup
NEW QUESTION # 121
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
A customer uses Dynamics 365 Finance.
notices incorrect postings to the ledger entered via journal.
The system must enforce the following:
Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional.
Revenue accounts (4000-4999) require department and division and allow project and customer dimensions.
Liability accounts (2000-2999) should not have any dimensions posted.
Expense account (6999) requires department, division, project and customer dimensions with all transactions.
You need to configure the account structure to meet the requirements.
Solution:
Configure one account structure with department, division, project and customer dimensions.
Configure asterisks in all columns for Expense accounts (6000-6999), Revenue accounts (4000-4999), and Liability accounts (2000-2999).
Does the solution meet the goal?
- A. Yes
- B. No
Answer: B
Explanation:
Explanation
As asterisk in all dimension columns would mean that a value must be configured for all dimensions.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-account-structures
NEW QUESTION # 122
You are a Dynamics 365 Finance expert for an organization.
You need to configure the Financial period close workspace.
Which three configuration processes should you use? Each correct answer presents a part of the solution.
NOTE: Each correct selection is worth one point,
- A. Create a separate closing schedule for every legal entity.
- B. Create task areas and descriptions.
- C. Assign a ledger calendar to the closing process.
- D. Create templates that contain the required tasks within the closing process and assign to closing role.
- E. Designate resources and their scope based on closing roles.
Answer: B,D,E
NEW QUESTION # 123
A rental service company hires you to configure their system to implement accrual schemes.
You need to configure the accrual schemes for this company.
Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
NEW QUESTION # 124
You are implementing Dynamics 365 Finance. You configure an invoice validation policy to use three-way matching and use a three percent tolerance for invoice totals.
A user enters a vendor invoice journal. The invoice validation policy is not applied.
You need to troubleshoot the policy.
What is the issue with the policy?
- A. The tolerance percentage is too high.
- B. Validation is configured to check for price and quantity.
- C. Validation is only performed on vendor invoice entries.
- D. Validation is only performed on invoice register entries.
Answer: D
NEW QUESTION # 125
You need to assist User3 with generating a deposit slip to meet Fourth Coffee's requirement.
Which five actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
Answer:
Explanation:
1 - Enter the journal line with account...
2 - Select the use a deposit slip check box.
3 - Enter a transaction type.
4 - Post the journal.
5 - Select Deposit slip from the functions menu and select ok.
Reference:
https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/create-a-deposit-slip
NEW QUESTION # 126
A company has delinquent customers.
You need to configure Dynamics 365 for Finance and Operations to meet the following requirements:
* Send communication to the customers detailing their past-due invoices.
* Use the system to automatically calculate a late charges,
* Create a group of customers for a collection agent to monitor.
* View a list of customers with colored indicators of a customer's payment status.
You need to associate the correct system functionality to manage delinquent customers based on these business requirements.
Answer:
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/accounts-receivable/tasks/review-co
NEW QUESTION # 127
You are asked to configure foreign currency revaluation in Dynamics 365 for Finance and Operations. You are viewing the main accounts,
Answer:
Explanation:
NEW QUESTION # 128
You are creating a budget for an organization.
The organization requires that allocations be performed automatically as part of budget planning.
You need to invoke allocations at a specific budget planning stage.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data- allocation
NEW QUESTION # 129
You are implementing Dynamics 365 Finance. A new product is being released.
The system must track the probability of the new product by cost center and you must use the cost control workspace.
You need to configure the system.
Which option should you use? To answer, drag the appropriate option to the correct requirement. Each value may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
Graphical user interface, application Description automatically generated
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting
NEW QUESTION # 130
......
The MB-310 exam is a comprehensive certification that equips individuals with the knowledge and skills required to become successful Dynamics 365 Finance Functional Consultants. Candidates who pass MB-310 exam will have a competitive edge in the job market, as they will have the knowledge and expertise to help organizations streamline their financial management and accounting processes.
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