최신 MB-310 무료덤프 - Microsoft Dynamics 365 Finance Functional Consultant
You need to configure currencies for the legal entities.
configure currencies? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
configure currencies? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
정답:
Explanation:
You need to acquire the fixed assets that are associated with the purchase orders.
What should you do?
What should you do?
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
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: Create a separate company in which you manually create the eliminations. Then, use that company in Financial reporting or in the consolidation process.
Does the solution meet the goal?
You need to configure the system and correctly perform eliminations.
Solution: Create a separate company in which you manually create the eliminations. Then, use that company in Financial reporting or in the consolidation process.
Does the solution meet the goal?
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
A client uses the standard trial balance in Dynamics 365 Finance.
The client has the following requirements:
* ability to run the trial balance by main account, department, and division
* ability to run the trial balance by just main account and department
You need to ensure that these options are visible in the trial balance report parameters.
What should you configure?
The client has the following requirements:
* ability to run the trial balance by main account, department, and division
* ability to run the trial balance by just main account and department
You need to ensure that these options are visible in the trial balance report parameters.
What should you configure?
정답: A
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet 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 client has one legal entity, two departments, and two divisions. The client is implementing Dynamics 365 Finance. The departments and divisions are set up as financial dimensions.
The client has the following requirements:
* Only expense accounts require dimensions posted with the transactions.
* Users must not have the option to select dimensions for a balance sheet account.
You need to configure the ledger to show applicable financial dimensions based on the main account selected in journal entry.
Solution: Configure default financial dimensions on expense accounts only.
Does the solution meet the goal?
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 client has one legal entity, two departments, and two divisions. The client is implementing Dynamics 365 Finance. The departments and divisions are set up as financial dimensions.
The client has the following requirements:
* Only expense accounts require dimensions posted with the transactions.
* Users must not have the option to select dimensions for a balance sheet account.
You need to configure the ledger to show applicable financial dimensions based on the main account selected in journal entry.
Solution: Configure default financial dimensions on expense accounts only.
Does the solution meet the goal?
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
The Canadian franchise purchases excess ski equipment from the US franchise. Two sets of skis are purchased totaling USD1,000.
When the purchase invoice is prepared, USD10,000 is keyed in by mistake.
Which configuration determines the result for this intercompany trade scenario?
When the purchase invoice is prepared, USD10,000 is keyed in by mistake.
Which configuration determines the result for this intercompany trade scenario?
정답: B
You are configuring the Fixed assets module for a Dynamics 365 Finance and Operations environment, You need to set up the basic configuration to create a fixed asset Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
NOTE: Each correct selection is worth one point.
정답: A,D,E
설명: (DumpTOP 회원만 볼 수 있음)
You are configuring account structures and advanced rules in Dynamics 365 Finance.
All balance sheet accounts require Business Unit and Department dimensions.
The Shareholder distribution account requires an additional dimension for Principal.
You need to set up the account structures.
What are two possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
All balance sheet accounts require Business Unit and Department dimensions.
The Shareholder distribution account requires an additional dimension for Principal.
You need to set up the account structures.
What are two possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
정답: A,D
설명: (DumpTOP 회원만 볼 수 있음)
You need to configure revenue recognition to meet the requirements.
Which configuration should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than 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
Which configuration should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than 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
정답:
Explanation:
Topic 5, First Up Consultants
This is a case study Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam m the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section-To start the case study.
To display the first question in this case study, dick the Next button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. If the case study has an AM Information tab, note that the information displayed is identical to the information displayed on the subsequent tabs. When you are ready to answer a question click the Question button to return to the question.
Background
First Up Consultants is a global finance and accounting company.
Financial needs at organizations ate constantly changing. When global companies become too large, it becomes too difficult for them to scale to meet then global operational needs. First Up Consultants provides
"Finance as a Service' capabilities.
Some large corporations complement their existing finance staff by engaging select services of First Up Consultants. Other large corporations outsource then entire finance operation to First Up Consultants.
First Up Consultants has hundreds of customers at any time. One such customer, humongous Insurance, is updating Its Dynamics Finance 365 implementation Another customer, Trey Research, is setting up its first Dynamics 365 Finance implementation.
Ledger
Humongous Insurance is a US-based company and operates its fiscal year from January 1 to December M.
Humongous insurance reports across an its subsidiaries in consolidated financial reports. Trey Research is a Canadian-based company that operates its fiscal year from April 1 to March 31. Humongous Insurance employees receive an annual cost of living increase.
Requirements
* One of Humongous Insurance's companies provides insurance to government clients and must separate that particular company into its owm subsidiary.
* The Humongous subsidiary will operate in China, which requires a fiscal year from February 1 to January
31. - Transitions must be posted in the business of record.
* Humongous insurance s subsidiary requires accounting entries to be posted from the subledger to the general ledger by 5:00 PM each day.
* Trey Research requires accounting entries to be posted from the subledger to the ledger immediately.
Taxes
* As part of the spinoff to a subsidiary, Humongous Insurance s subsidiaries taxes must be changed from US government rates to Chinese government rates.
* Humongous Insurance's subsidiary must track use taxes that are not claimed or reported to the Chinese tax agency.
Fiscal calendars
You must create three new fiscal calendars
* A fiscal calendar named FebJan that runs from Feb 1 to Jan 31.
* A fiscal calendar named AprMar that runs from April 1 to March 31.
* A fiscal calendar named JanDec that runs from January 1 to December 31.
Accounts
* Trey Research most track bank account balances and transactions for each province in which it operates.
* The bank statement must be sent to the physical address of the home office.
Promotion
* Humongous insurance s subsidiary plans to celebrate its new subsidiary status by sending out free gifts to existing policy based on the Tier of their policy.
* Promotional Items are ordered for distribution and once received must be Tracked within Dynamics 365 Finance.
Reporting
* The CEO of Humongous Insurance needs to view the insurance products that customers plan to purchase.
The report must show all transactions made over the last two years.
* The corporate vice president of Humongous Insurance s subsidiary needs to view the forecasted cash impact of specific products purchased. The report must show only new transactions.
Expenses
Expenses must be pain using the following requirements:
Credit card processing
* Humongous Insurance requires all credit card transactions to include line-item details.
* Humongous Insurance's subsidiary requires the shipping address merchant address, and lax information but cannot include any order line details.
* Trey Research requires all credit card transactions include transaction date, transaction amount, description, and line-item details.
Compliance and compensation
* Trey Research must be able to audit any modifications to its budget
* Humongow Insurance employees must receive raises tour times pet budget cycle.
You need to setup 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.
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.
정답:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/cost-management
/prerequisites-standard-costs
A public sector organization wants to set up the derived financial hierarchy to analyze posted transaction data.
You need to set up the derived financial hierarchy to generate an outgoing electronic document.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange item in the correct order.
You need to set up the derived financial hierarchy to generate an outgoing electronic document.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange item in the correct order.
정답:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/public-sector/tasks/set-up- derived-financial-hierarchy-public-sector
You are the controller for an organization. The company purchased six service trucks. You observe that your accountant set up Fixed assets - vehicles in the wrong fixed asset group.
You need to achieve the following:
* Change the fixed asset group so that the existing fixed asset transactions for the original fixed asset are
* canceled and regenerated for the new fixed asset.
* Ensure that all value models for the existing fixed asset are created for the new fixed asset. Any information
* that was set up for the original fixed asset is copied to the new fixed asset.
* Close the old fixed asset number in the old fixed assets group and create a new fixed asset number in the
* new fixed assets group.
* Ensure that the historical transactions are transferred to the new fixed asset.
* Ensure Historical Depreciation expense entries do not change.
What should you do?
You need to achieve the following:
* Change the fixed asset group so that the existing fixed asset transactions for the original fixed asset are
* canceled and regenerated for the new fixed asset.
* Ensure that all value models for the existing fixed asset are created for the new fixed asset. Any information
* that was set up for the original fixed asset is copied to the new fixed asset.
* Close the old fixed asset number in the old fixed assets group and create a new fixed asset number in the
* new fixed assets group.
* Ensure that the historical transactions are transferred to the new fixed asset.
* Ensure Historical Depreciation expense entries do not change.
What should you do?
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
Your company uses Dynamics 365 Finance
All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered. Has the same service life, and uses the same depreciation deduction calculation.
You need to configure the system.
Which two parameters should you set up? Each correct answer presents part of the solution NOTL Each correct selection is worth one point.
All fixed assets are categorized by asset type. For example, office furniture is sequentially numbered. Has the same service life, and uses the same depreciation deduction calculation.
You need to configure the system.
Which two parameters should you set up? Each correct answer presents part of the solution NOTL Each correct selection is worth one point.
정답: A,D
A client has Accounts payable invoices in their legal entity in three different currencies. It is month-end, and the client needs to run the foreign currency revaluation process to correctly understand their currency exposure.
You need to set up Dynamics 365 Finance to perform foreign currency revaluation.
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.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
You need to set up Dynamics 365 Finance to perform foreign currency revaluation.
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.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.
정답:
Explanation:
You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to assign the Accountant closing role for the USMF legal entity to an employee named Theresa Jayne.
To complete this task, sign in to the Dynamics 365 portal.
You need to assign the Accountant closing role for the USMF legal entity to an employee named Theresa Jayne.
To complete this task, sign in to the Dynamics 365 portal.
정답:
See explanation below.
* Navigate to System administration > Security > Assign users to roles
* Select the 'Accountant Closing' role.
* Click the "Manually assign / exclude users" button
* Select the Theresa Jayne user account and click the "Assign to role" button.
* Click the "Assign organizations" button
* Select the "Grant access to specific organizations" option
* Select the USMF legal entity and click the "Grant" button.
Reference:
https://www.dynamics-tips.com/system-administration/security-roles
* Navigate to System administration > Security > Assign users to roles
* Select the 'Accountant Closing' role.
* Click the "Manually assign / exclude users" button
* Select the Theresa Jayne user account and click the "Assign to role" button.
* Click the "Assign organizations" button
* Select the "Grant access to specific organizations" option
* Select the USMF legal entity and click the "Grant" button.
Reference:
https://www.dynamics-tips.com/system-administration/security-roles
You need to ensure accounting entries are transferred from subledgers to general ledgers.
How should you configure the batch transfer rule? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
How should you configure the batch transfer rule? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
정답:
Explanation:
A company uses Dynamics 365 Finance for expense management.
The company has multiple legal entities and multiple departments. Each department may have a different expense policy that may conflict with the legal entity expense policy.
You need to configure prioritization of department expense policy over legal entity expense policy.
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.
The company has multiple legal entities and multiple departments. Each department may have a different expense policy that may conflict with the legal entity expense policy.
You need to configure prioritization of department expense policy over legal entity expense policy.
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.
정답:
Explanation:
You are configuring taxes in Dynamics 365 Finance for a client.
Vendor invoices require a five percent sales tax calculation. Per government rules, the client can recover only
60 percent of this five percent sales tax amount against certain commodities. The remaining 40 percent is non- recoverable.
You need to configure the sales taxes to post to the expense account.
Where should you configure the sales tax percentage?
Vendor invoices require a five percent sales tax calculation. Per government rules, the client can recover only
60 percent of this five percent sales tax amount against certain commodities. The remaining 40 percent is non- recoverable.
You need to configure the sales taxes to post to the expense account.
Where should you configure the sales tax percentage?
정답: D