MB-310 Free Sample Questions

A global distribution company, operating in multiple legal entities across North America and EMEA, is implementing Dynamics 365 Finance. They are facing challenges with inconsistent credit management. The finance director has outlined the following requirements: 1. A centralized credit policy that can be adapted for regional risk variations. 2. Automated risk scoring based on customer payment history and external credit agency data. 3. Automatic credit holds for customers who exceed their limit or have invoices overdue by more than 60 days. 4. A workflow for the credit control team to review and approve temporary credit limit increases for key accounts. You are the functional consultant responsible for designing the solution. Which combination of features and configurations in Dynamics 365 Finance will most effectively meet all these requirements?

A manufacturing company is implementing vendor invoice automation. The system successfully processes most invoices via OCR, but consistently fails to match invoices from a key logistics provider. The provider's invoices list freight as a separate line item, which does not correspond to a line on the purchase order. The company policy is to accept these freight charges if they are within a predefined contract rate. What configuration is required to allow these invoices to be matched and processed automatically?

A company is transitioning its inventory valuation method for a specific group of finished goods from FIFO to Standard Cost. As the functional consultant, you must guide the finance team through the process of activating the new costing version. What are three essential steps that must be performed in the correct sequence to ensure a successful transition? (Select THREE)

A software-as-a-service (SaaS) company sells a three-year enterprise license for $36,000, paid in full upfront. According to accounting standards, the company must recognize this revenue evenly over the 36-month contract term. Which configuration in Dynamics 365 Finance enables the automatic monthly recognition of $1,000 of revenue for the duration of the contract after posting the initial invoice?

A holding company is performing its first financial consolidation using the 'Consolidation online' feature. The subsidiaries use different charts of accounts from the parent company. After running the process, the controller reports that significant intercompany receivables and payables balances have not been eliminated. What is the most likely cause for the failure of the elimination proposal to generate the correct entries?

A consultant is configuring a three-way matching policy. The policy must ensure that the invoiced quantity does not exceed the quantity on the registered product receipt. Additionally, the invoice unit price cannot be more than 5% higher than the purchase order unit price. Which setup correctly enforces these requirements? ```mermaid flowchart TD A[Receive Invoice] --> B{Match Qty?}; B -->|Yes| C{Match Price w/ Tolerance?}; B -->|No| D[Hold Invoice]; C -->|Yes| E[Post Invoice]; C -->|No| D[Hold Invoice]; ```

True or False: When an acquisition transaction is posted for a fixed asset, transactions for any associated derived books are automatically created and posted without requiring any user intervention, provided the derived book is set to 'Acquisition'.

A finance clerk reports that interest notes are not being calculated for overdue invoices belonging to the 'Domestic Wholesale' customer group, while they are working correctly for other customer groups. All customers in the group have overdue transactions. What is the most likely configuration preventing the interest calculation for this specific group?

An employee submits an expense report after a business trip to Germany. The per diem expenses are calculated in USD instead of EUR, resulting in an incorrect reimbursement amount. The employee confirms they selected the correct dates for the trip. What is the most likely configuration error in the Expense management module?

A company's chart of accounts uses a single account structure. The finance department requires that the 'Department' financial dimension must be specified for all transactions posting to main accounts in the '600000' to '699999' expense range. However, for all other main account ranges, the 'Department' dimension should be optional. What is the most efficient way to configure this requirement?