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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 131–140 of 144

Q131

A company needs to manage its cash flow effectively. What feature in Dynamics 365 Finance can they use?

  • A Cash Flow Management
  • B Inventory Valuation
  • C Accounts Payable
  • D Audit Trails
Explanation Cash Flow Management directly addresses cash flow needs unlike the other options.
Q132

What happens when you set a vendor payment schedule to immediate in Dynamics 365 Finance?

  • A Payments are delayed by 30 days
  • B Payments occur at the next bank run
  • C Payments are processed instantly
  • D Payments will not be processed
Explanation Setting to immediate processes payments as soon as possible unlike the other timings.
Q133

Which feature in Dynamics 365 Finance manages daily cash activities?

  • A Cash and bank management
  • B Accounts payable
  • C Expense management
  • D General ledger
Explanation Cash and bank management directly oversees cash activities while the other options focus on broader or different financial processes.
Q134

A company needs to streamline its invoice processing. Which Dynamics 365 Finance automation tool should they use?

  • A Business event
  • B Workflow
  • C Power BI
  • D Data management
Explanation Workflows are designed to automate and streamline invoice processes, unlike the other tools which serve different purposes.
Q135

What happens when a user selects the 'Reverse transactions' option in Dynamics 365 Finance?

  • A It permanently deletes transactions
  • B It creates a new reversing entry
  • C It archives the transactions
  • D It locks the transactions from edits
Explanation Selecting 'Reverse transactions' generates a new entry that negates the original, whereas the other options do not effectively reflect the functionality.
Q136

Which module in Dynamics 365 Finance supports budgeting?

  • A General Ledger
  • B Accounts Payable
  • C Sales and Marketing
  • D Inventory Management
Explanation The General Ledger module includes budgeting features, while the others do not focus on budgeting.
Q137

A company needs to analyze project costs in real-time. Which feature should they implement?

  • A Cost Projects
  • B Budget Control
  • C Financial Reporting
  • D Expense Management
Explanation Cost Projects track and analyze project costs effectively, while others measure different financial aspects.
Q138

What happens when a customer returns an item under Dynamics 365 financing?

  • A A credit note is generated.
  • B No process occurs.
  • C Manual adjustments are needed.
  • D Sales order is deleted.
Explanation A credit note is automatically generated to record the return, enhancing accuracy and efficiency.
Q139

Which module includes cost management capabilities?

  • A General Ledger
  • B Accounts Payable
  • C Cost Accounting
  • D Accounts Receivable
Explanation Cost Accounting manages and tracks costs, while others focus on financial records or transactions.
Q140

A company needs to enforce budget limits effectively. What feature should they utilize in Dynamics 365 Finance?

  • A Financial dimensions
  • B Budget control
  • C Expense management
  • D Revenue recognition
Explanation Budget control allows enforcement of budget limits during transactions, unlike other options which do not provide this functionality.