Latest PDF of MB-310: Microsoft Dynamics 365 for Finance and Operations, Financials

Microsoft Dynamics 365 for Finance and Operations, Financials Practice Test

MB-310 exam Format | Course Contents | Course Outline | exam Syllabus | exam Objectives

Set up and configure financial management (35-40%)
Manage and apply common processes (20-25%)
Implement and manage accounts payable and receivable (20-25%)
Manage budgeting and fixed assets (15-20%)

Set up and configure financial management (35-40%)
Implement and configure financial modules
• configure and apply accrual schemes
• configure cash flow reports
• configure the letter of credit and letter of guarantee templates
• set up intercompany accounting
• create and configure account structures
• configure other modules including cash and bank management and budgeting, credit and collections, audit workbench, and consolidations
• implement posting definitions
Implement and test cost and allocation policies
• implement cost accounting processes
• implement inventory costing versions
• implement item groups
• create and process Ledger allocation rules
• demonstrate use of cost accounting terminology
• construct fiscal calendars, years, and periods
Perform periodic processes
• configure financial period close
• define and demonstrate periodic closing processes and end-of-year processes
• demonstrate regional tax reporting capabilities
• perform bank reconciliation
• perform financial consolidation
• create a cost accounting report by using the cost accounting Report Wizard
• allocate funds by using Accounting distributions
Configure, collect, and report taxes
• configure tax components
• implement and test end-of-year tax reporting
• prepare periodic filings

Manage and apply common processes (20-25%)
Define and configure the account structure
• demonstrate the advanced ledger entries functionality
• set up derived financial hierarchies
• demonstrate financial consolidation and elimination processes
• set up funds
• define and configure the main account
• define and configure the financial dimensions and dimension sets
• perform financial statements
• perform tracking of posted transactions
Implement regulatory and localization features and manage currencies
• set up legal entity currencies and conversions
• configure currency exchange rate providers
• implement foreign currency revaluation processes
• determine which regulatory and localization features to apply to a given scenario
Implement and manage journals
• identify the different types of journals available and their setup
• set up journal controls
• configure the journal posting restriction rules
• configure approval processes by using workflows
• create voucher templates
• perform daily procedures using journals

Implement and manage accounts payable and receivable (20-25%)
Implement and manage Accounts receivable
• set up customer posting profiles
• manage delinquent customers
• configure billing codes for free text invoices, process orders, invoices, and payments
• configure and process credit and collection
• configure customer payment setup
• prepare and send customer account statements
• configure accounts receivable charges
Implement and manage Accounts payable
• configure invoice validation policies
• set up vendor posting profile, process orders, invoices, and payments
• configure the Vendor collaboration module
• configure vendor payments
• configure accounts payable charges

Manage budgeting and fixed assets (15-20%)
Configure and manage Budgeting processes
• configure budgeting components
• create a budget plan template
• create a budget plan by using the budget plan wizard
• perform the budget planning process
• configure budget controls
• create and demonstrate registry entries
• implement budget workflows
Implement and manage fixed assets
• create fixed assets and fixed assets groups
• configure fixed asset parameters
• identify when to enable integration with purchasing and sales module
• perform acquisition, depreciation, and disposal of fixed assets

100% Money Back Pass Guarantee

MB-310 PDF sample Questions

MB-310 sample Questions

MB-310 Dumps
MB-310 Braindumps MB-310 practice questions MB-310 Practice Test
MB-310 actual Questions
Microsoft
MB-310
Microsoft Dynamics 365 for Finance and Operations, Financials (2025)
https://killexams.com/pass4sure/exam-detail/MB-310
Question: 397
HOTSPOT
A client plans to use the cost accounting module in Dynamics 365 for Finance and Operations. You need to associate the correct definitions to the correct cost accounting concepts.
Which terms match the definitions? To answer, select the appropriate configuration in the answer area. NOTE: Each correct selection is worth one point.
Answer:
Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cost-accounting/terms-costaccounting
Question: 398
A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements:
* Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various destination lines.
You need to configure the allocation rule. Which allocation method should you use? Fixed percentage
Fixed weight Equally Basis
Answer: D Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/ledgerallocation-rules
Question: 399
HOTSPOT
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. NOTE: Each correct selection is worth one point.
Answer:
Question: 400
A company is preparing to complete a year-end close process. You need to configure the Dynamics 365 for Finance and Operations General ledger module.
Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A . Configure the Fiscal year close parameters
B . Configure the ledger calendar for the new fiscal year C . Configure the transfer balance
D . Validate the main account type E . Create the next fiscal year
Answer: ADE
Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
Question: 401
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: B Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/postingdefinitions
Question: 402
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a unique solution that might meet the stated goals. Some question setsmight 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, thesequestions will not appear in the review screen.
You are configuring the year-end setup in Dynamics 365 for Finance and Operations. You need to configure the year-end setup to meet the following requirements:
* The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year�s Period 13.
* The fiscal year closing can be run again, but only the most latest closing entry will remain in the transactions.
* All dimensions from profit and loss must carry over into the retained earnings.
* All future and previous periods must have an On Hold status. Solution:
+ Configure General ledger parameters.
* Set the Delete close of year transactions option to Yes.
* Set the Create closing transactions during transfer option to Yes.
* Set the Fiscal year status to permanently closed option to Yes.
+ Define the Year-end close template.
* Designate a retained earnings main account for each legal entity.
* Set the Financial dimensions will be used on the Opening transactions option to Yes.
* Set the Transfer profit and loss dimensions� option to Close All.
+ Set future Ledger periods to a status of On Hold. Does the solution meet the goal?
A . Yes B . No
Answer: B Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
Question: 403
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a unique solution that might meet the stated goals. Some question setsmight 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, thesequestions will not appear in the review screen.
You are configuring the year-end setup in Dynamics 365 for Finance and Operations. You need to configure the year-end setup to meet the following requirements:
* The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year�s Period 13.
* The fiscal year closing can be run again, but only the most latest closing entry will remain in the transactions.
* All dimensions from profit and loss must carry over into the retained earnings.
* All future and previous periods must have an On Hold status. Solution:
+ Configure General ledger parameters.
* Set the Delete close of year transactions option to No.
* Set the Create closing transactions during transfer option to No.
* Set the Fiscal year status to permanently closed option to No.
+ Define the Year-end close template.
* Designate a retained earnings main account for each legal entity.
* Set the Financial dimensions will be used on the Opening transactions option to No.
* Set the Transfer profit and loss dimensions� option to Close All.
* Set future Ledger periods to a status of On Hold. Does the solution meet the goal?
A . Yes B . No
Answer: B Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
Question: 404
Note: This question is part of a series of questions that present the same scenario. Each questionin the series contains a unique solution that might meet the stated goals. Some question setsmight 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, thesequestions will not appear in the review screen.
A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All companies and
data reside in Finance and Operations. The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Select Consolidate online in Finance and Operations. Include eliminations during the process or as a proposal. Set up the transactions to post in the legal entity configured for consolidations. Does the solution meet the goal?
A . Yes B . No
Answer: A
Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidationelimination- overview
Question: 405
You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts. The company wants to import their bank statements. You need to import electronic bank statements to reconcile the bank accounts.
Which three actions can you perform? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
A . Select all the bank accounts for the bank statement files, and then upload all files B . Select Account reconciliation on the bank account form
C . Import bank statements from the Data management workspace
D . Navigate to Import statement on the Bank Statements page of Cash and Bank Management
E . Select Import statement for multiple bank accounts in all legal entities, and then upload a zip file
Answer: BDE Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/ reconcile-bank- statements-advanced-bank-reconciliation
Question: 406
HOTSPOT
A client plans to use Dynamics 365 for Finance and Operations for year-end 1099 reporting in the United States. You are viewing a vendor master data record on the 1099 FastTab.
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:
Question: 407
A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company.
Transactions for current employees must be recognized in the general ledger twice a month with an employee�s pay. Transactions for new employees must be recognized in the general ledger based upon the employee�s first pay date.
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? (Choose two). Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A . For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal year.
B . For current employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the employee�s first pay date.
C . For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the employee�s first pay date.
D . For current employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal year.
Answer: BD Question: 408 DRAG DROP
You need to set up a process of tracking, recording, and analyzing costs associated with the products or activities of a nonmanufacturing organization. You need to configure the prerequisite setup for the standard costing version for the current period.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management/ prerequisites- standard-costs

Killexams VCE exam Simulator 3.0.9

Download Killexams-Exam-Simulator-3.0.9.rar

Killexams has introduced Online Test Engine (OTE) that supports iPhone, iPad, Android, Windows and Mac. MB-310 Online Testing system will helps you to study and practice using any device. Our OTE provide all features to help you memorize and VCE exam mock test while you are travelling or visiting somewhere. It is best to Practice MB-310 exam Questions so that you can answer all the questions asked in test center. Our Test Engine uses Questions and Answers from actual Microsoft Dynamics 365 for Finance and Operations, Financials exam.

Killexams Online Test Engine Test Screen

Killexams Online Test Engine Progress Chart

Killexams Online Test Engine Test History Graph

Killexams Online Test Engine Performance History

Killexams Online Test Engine Result Details

Online Test Engine maintains performance records, performance graphs, explanations and references (if provided). Automated test preparation makes much easy to cover complete pool of questions in fastest way possible. MB-310 Test Engine is updated on daily basis.

Take Microsoft MB-310 exam questions and practice with certification test prep

We offer MB-310 exam questions backed by a 100% pass guarantee, ensuring your success with dedicated practice. Commit to studying our questions for at least 24 hours to achieve top scores on the test. Your journey to passing the MB-310 exam begins with killexams.com’s expertly curated MB-310 VCE exam questions. Our MB-310 certification test prep are consistently updated and rigorously validated to maintain the highest standards of quality.

Latest 2025 Updated MB-310 Real exam Questions

Unlock a rewarding career by passing the Microsoft MB-310 exam with confidence—start your journey at killexams.com. Our dedicated team of experts tirelessly curates authentic MB-310 exam questions to ensure your success. With our Microsoft Dynamics 365 for Finance and Operations, Financials exam questions, you are equipped to excel in the MB-310 exam effortlessly. Take advantage of our 100% free service to get the latest MB-310 exam questions anytime. While many providers offer outdated MB-310 Practice Tests, securing valid and up-to-date 2025 MB-310 Practice test is a challenge. Trust killexams.com to deliver premium resources and avoid unreliable free MB-310 braindumps found online. Conveniently access the MB-310 braindumps PDF on any device—whether it’s an iPad, iPhone, laptop, smart TV, or Android device—and study the MB-310 Exam Cram on the go, during vacations, or while traveling. This time-saving approach maximizes your preparation efficiency. Practice with our MB-310 braindumps and VCE exam simulator until you consistently achieve a perfect 100% score. Once confident, head to the Exam Center fully prepared to conquer the real MB-310 exam.

Killexams Review | Reputation | Testimonials | Customer Feedback

I am Suman Kumar, and I recently passed the MB-310 exam with an 89.25% score, thanks to killexams.com excellent materials. The detailed explanations clarified complex concepts and calculations, making preparation straightforward. I highly recommend their resources to anyone pursuing this certification.
Lee [2025-4-20]

Killexams.com proved to be the ultimate resource that turned my aspirations into reality. Their comprehensive practice tests of exam questions provided the clarity and direction I needed to excel in my MB-310 exam. The material was not only well-structured but also mirrored the actual exam format, allowing me to pass with confidence. I am truly grateful for their exceptional support.
Lee [2025-6-15]

Preparing for the MB-310 exam was daunting due to the vast array of study materials available in the industry. I struggled to find a resource that was both comprehensive and trustworthy until my colleague recommended killexams.com. killexams practice tests with study guide and study guides were exactly what I needed, covering all essential subjects in an organized manner. With their help, I prepared efficiently in a short time and scored an impressive 88% on the exam. I am grateful for killexams.com support and would not hesitate to use their materials again.
Shahid nazir [2025-5-26]

More MB-310 testimonials...

MB-310 Exam

Question: I afraid of failing MB-310 exam, can you help me?
Answer: Of course, everyone afraid of failing the exam but if you use the right material for your exam preparation, you do not need to afraid of the exam. You need VCE exam to pass the MB-310 exam. These actual MB-310 exam questions are taken from real MB-310 exams, that's why these MB-310 exam questions are sufficient to read and pass the exam. For these latest MB-310 exam questions, you need to visit killexams.com

Question: Where am I able to obtain MB-310 test prep questions?
Answer: Killexams.com is the best place to get updated MB-310 test prep questions. These MB-310 test prep work in the actual test. You will pass your exam with these MB-310 test prep. If you provide some time to study, you can prepare for an exam with much boost in your knowledge. We recommend spending as much time as you can to study and practice MB-310 VCE exam until you are sure that you can answer all the questions that will be asked in the actual MB-310 exam. For this, you should visit killexams.com and register to get the complete dumps collection of MB-310 exam test prep. These MB-310 exam questions are taken from actual exam sources, that's why these MB-310 exam questions are sufficient to read and pass the exam. Although you can use other sources also for improvement of knowledge like textbooks and other aid material these MB-310 questions are sufficient to pass the exam.

Question: Will I be able to find real exam Questions & Answers of the MB-310 exam?
Answer: Yes, once registered at killexams.com you will be able to get up-to-date MB-310 real exam mock test that will help you pass the exam with good marks. When you get and practice the exam questions, you will be confident and feel improvement in your knowledge.

Question: I want to know my test performance, does exam simulator provide it?
Answer: Yes, killexams save your performance by taking tests. So you can see your performance date and time-wise, your performance graphs are also provided.

Question: What is cost of MB-310 PDF questions?
Answer: Killexams provide the cheapest hence up-to-date MB-310 dumps collection that will greatly help you pass the exam. You can see the cost at https://killexams.com/exam-price-comparison/MB-310 You can also use a discount coupon to further reduce the cost. Visit the website for the latest discount coupons.

References

Frequently Asked Questions about Killexams Practice Tests

Does killexams MB-310 practice questions cover all topics?
Yes, killexams MB-310 practice questions contain actual mock test of the latest MB-310 subjects with the latest syllabus. These MB-310 brainpractice questions contain an actual dumps collection that will help you to Excellerate your knowledge about the MB-310 subjects and help you pass your exam easily.

Should I try this wonderful source of actual questions?
We recommend experiencing killexams brainpractice questions and study guides for your MB-310 exam because these MB-310 exam practice questions are specially collected to ease the MB-310 exam questions when asked in the actual test. You will get good scores on the exam.

Can I get MB-310 cheatsheet from killexams?
Cheatsheet is another name of exam practice questions or brainpractice questions or actual questions and answers. These are mock test taken from actual sources or students passing the exam. Complete database of mock test are called dumps collection or cheatsheet. Visit and register to get the complete dumps collection of MB-310 exam brainpractice questions. These MB-310 exam questions are taken from actual exam sources, that\'s why these MB-310 exam questions are sufficient to read and pass the exam. Although you can use other sources also for improvement of knowledge like textbooks and other aid material these MB-310 practice questions are enough to pass the exam.

Is Killexams.com Legit?

Yes, Killexams is fully legit as well as fully trustworthy. There are several attributes that makes killexams.com traditional and genuine. It provides informed and totally valid study guide that contain real exams questions and answers. Price is surprisingly low as compared to a lot of the services on internet. The mock test are current on usual basis utilizing most latest brain dumps. Killexams account launched and supplement delivery is rather fast. Data downloading is usually unlimited and intensely fast. Assist is available via Livechat and Contact. These are the features that makes killexams.com a sturdy website which provide study guide with real exams questions.

Other Sources

Which is the best testprep site of 2025?

Discover the ultimate exam preparation solution with Killexams.com, the leading provider of premium VCE exam questions designed to help you ace your exam on the first try! Unlike other platforms offering outdated or resold content, Killexams.com delivers reliable, up-to-date, and expertly validated exam mock test that mirror the real test. Our comprehensive dumps collection is meticulously updated daily to ensure you study the latest course material, boosting both your confidence and knowledge. Get started instantly by downloading PDF exam questions from Killexams.com and prepare efficiently with content trusted by certified professionals. For an enhanced experience, register for our Premium Version and gain instant access to your account with a username and password delivered to your email within 5-10 minutes. Enjoy unlimited access to updated mock test through your get Account. Elevate your prep with our VCE VCE exam Software, which simulates real exam conditions, tracks your progress, and helps you achieve 100% readiness. Sign up today at Killexams.com, take unlimited practice tests, and step confidently into your exam success!

100% Money Back Pass Guarantee

Back to List

Social Profiles

Microsoft Dynamics 365 for Finance and Operations, Financials Practice Test

MB-310 exam Format | Course Contents | Course Outline | exam Syllabus | exam Objectives

100% Money Back Pass Guarantee

MB-310 PDF sample Questions

MB-310 sample Questions

Killexams VCE exam Simulator 3.0.9

Take Microsoft MB-310 exam questions and practice with certification test prep

Latest 2025 Updated MB-310 Real exam Questions

Tags

Killexams Review | Reputation | Testimonials | Customer Feedback

MB-310 Exam

References

Frequently Asked Questions about Killexams Practice Tests

Is Killexams.com Legit?

Other Sources

Which is the best testprep site of 2025?

Important Links for best testprep material

100% Money Back Pass Guarantee

Social Profiles