Exam (elaborations)
MB 310 – Finance exam review 2024
- Course
- Institution
MB 310 – Finance exam review 2024
[Show more]
Content preview
MB 310 – Finance exam review 2024Allocate budget plan lines to the destination scenario based on the percentages
and financial dimensions that are defined in a selected budget allocation term -
Allocate to Dimension
Allow budget amounts that are prepared at a lower level in the organization to be
consolidated at a higher level - Aggregate
Transfer amounts that were budgeted at a higher level to a lower level of the
organization for detailed review and adjustment before they can receive upper-
level approval - Copy from Budget Plan
Enable budget amounts that are prepared at a higher level in the organization to
be spread out for more localized review - Distribute
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.
,MB 310 – Finance exam review 2024
A. the number sequence
B. the group
C. the name
D. the type
E. the property type - ABC
An organization acquires a building. You need to register-and record the building
as an asset building in
Dynamics 365 Finance and Operations. What are three possible ways to achieve
the goal? Each correct
answer presents a complete solution. NOTE: Each correct selection is worth one
point.
A. Select an acquisition transaction type within a fixed asset journal.
B. Select an account type of Fixed Asset and a transaction type of Acquisition with
a General Journal.
C. Use the sales order process to acquire the asset.
D. Eliminate the project to a fixed asset.
E. Create a sales invoice to record and register the fixed asset. - ABD
,MB 310 – Finance exam review 2024
A client is using the budget planning process in Dynamics 365 for Finance and
Operations. Your client
requires the ability to plan for a one-year, three-year, and five-year budget. You
need to configure the
various year length options to be used in the budgeting module. What should you
do?
A. Configure budget control.
B. Configure budget codes.
C. Configure budget allocation terms.
D. Configure budget cycles. - B
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.
, MB 310 – Finance exam review 2024
•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.
What should you do?
A. Reclassify the fixed asset.
B. Copy the fixed asset.
C. Change the fixed asset group
D. Transfer the fixed assets - D
You are the accounts receivable manager of an organization. The organization
recently sold machinery
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ellah1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now