Microsoft Azure

Microsoft Dynamics 365 Finance Functional Consultant

MB-310
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Get ready for the MB-310 exam to validate your expertise in Microsoft Dynamics 365 Finance.

144 questions 0 views Free
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Questions 91–100 of 144

Q91

Which feature in Dynamics 365 Finance allows for asset categorization?

  • A Fixed asset groups
  • B Depreciation methods
  • C Financial dimensions
  • D General ledger journals
Explanation Fixed asset groups enable the categorization of assets, unlike the other options which serve different purposes.
Q92

A company needs to manage purchase orders that exceed budget allocations. What feature can help enforce budget compliance?

  • A Budget control
  • B Inventory management
  • C Vendor management
  • D Project constraints
Explanation Budget control helps enforce compliance, while the other options focus on different aspects of procurement and management.
Q93

What happens when you set a negative inventory adjustment in Dynamics 365 Finance?

  • A Reduces the cost of goods sold
  • B Increases the ending inventory value
  • C Creates a purchase order automatically
  • D Decreases inventory on hand
Explanation A negative inventory adjustment decreases the inventory on hand, while the other options do not accurately reflect the outcome of an adjustment transaction.
Q94

Which feature in Dynamics 365 Finance helps manage budget variances?

  • A Budget Control
  • B Fixed Assets
  • C Ledger Accruals
  • D Project Management
Explanation Budget Control helps track and manage variances while the others focus on different financial aspects.
Q95

A company needs to automate invoicing for recurring services. Which Dynamics 365 module should they configure?

  • A Accounts Receivable
  • B Inventory Management
  • C General Ledger
  • D Project Management
Explanation Accounts Receivable handles invoicing and payment collections for recurring services, while the other options pertain to different areas.
Q96

What happens when you set an asset's depreciation method to 'Straight-line'?

  • A Decreases asset value by fixed amount
  • B Increases asset value over time
  • C Value decreases unevenly over time
  • D Depreciation is paused
Explanation Straight-line depreciates the asset by a fixed amount, whereas the other options either misinterpret the method or suggest incorrect effects.
Q97

A company needs to automate its invoice processing. Which feature in Dynamics 365 Finance can they use?

  • A Electronic Invoicing
  • B Payment Journals
  • C Payment Schedule
  • D Vendor Collaboration
Explanation Electronic Invoicing automates invoice handling, while others are related to payment processes.
Q98

What happens when a user with insufficient permissions attempts to submit a purchase order for approval?

  • A The order is sent for approval
  • B The user receives an error
  • C The order is saved as draft
  • D The order is submitted automatically
Explanation The user receives an error due to lack of permissions; others suggest incorrect order processing.
Q99

You are configuring currencies in Dynamics 365 Finance. Which type of currency setup allows multiple currencies for transactions?

  • A Primary currency
  • B Company currency
  • C Reporting currency
  • D Multiple currencies
Explanation The Multiple currencies setup enables various currencies for transactions, while others refer to specific applications.
Q100

Which feature allows custom reports in Dynamics 365 Finance?

  • A Financial Insights
  • B Accountable Reporting
  • C Power BI Integration
  • D Audit Trail Reporting
Explanation Power BI Integration allows for creating custom reports, while others are not reporting features.