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MB-310 dumps questions answers

Microsoft MB-310 Dumps

Exam Code:
MB-310
Exam Name:
Microsoft Dynamics 365 Finance
Last Update: Nov 12, 2024
293 Questions with Explanation
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MB-310 Exam Info

Exam Name: Microsoft Dynamics 365 for Finance and Operations, Financials
Exam Duration: 120 mins
Exam Format: Multiple Choice
Exam Type: Microsoft Dynamics 365
Questions in Exam: 40-60 Questions
Eligibility/Criteria: NIL
Exam Fee: $165 USD
Language: English
Pass Score: 700 (on a scale of 1-1000)

To pass Microsoft Dynamics 365 Finance and Operations, the candidate needs to take the specifically English language Microsoft MB-310 exam. A successful candidate will have analyzed the needs of a company's operations and implemented industry best practices in the solutions they developed. They are well-versed in the fundamentals of accounting and financial operations in the context of primary accounting, production, retail, and logistics. They are also proficient in financial modeling.

Each or more extracted features of Dynamics 365 Finance, along with core finance, accounting records, tax and cost accounting; fixed assets; budgeting; revenue recognition; consolidation; credit and collections; cash management; expense management; and project management accounting; are typically the focus of this exam. They know how it ties up with everything from manufacturing to retail when it comes to money.

  • Construct a system of accounting and financial administration (40-45 percent )
  • Implement revenue recognition, credit, and collections (15-20 percent )
  • Manage and implement accounts payable and expenditures (10-15 percent )
  • Take charge of the budget (10-15 percent )
  • Take care of the assets that you own (10-15 percent )

There are 40-60 questions in the exam, and participants get 120 minutes to do them all. The registration fee is USD 165 (excl. taxes) per person. Seven hundred or more is required to pass.

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MB-310 FAQs

The Microsoft MB-310 Exam now more deeply integrates contemporary finance operations, with enhanced emphasis on automation, analytics, and global financial management, reflecting evolving industry demands and technological advancements distinct from its predecessors.

The MB-310 exam specifically emphasizes Dynamics 365 Finance capabilities, focusing on budgeting, project management, financial reporting, and compliance, distinguishing it from other Dynamics 365 exams that target broader business applications or different functional modules.

The MB-310 exam incorporates more scenario-based questions reflecting real-world financial challenges, offering a practical, application-focused approach compared to earlier exams which were more theory-oriented and less centered on real-world applicability in finance.

The Microsoft MB-310 Exam aligns with current trends by focusing on automation, AI integration in finance, advanced analytics, and global financial strategies, diverging from past exams' focus on more traditional, manual finance and operations processes.

The MB-310 Exam presents unique challenges in mastering complex financial management systems, integrating AI and analytics in finance, requiring deeper expertise compared to other Microsoft certifications that focus on broader technology aspects or specific application functionalities.

The Microsoft MB-310 exam, also known as Microsoft Dynamics 365 Finance Functional Consultant, validates a candidate's ability to implement and manage financial operations in Dynamics 365.

The MB-310 certification focuses specifically on financial management within Microsoft Dynamics 365, whereas other Microsoft certifications may cover broader aspects of the Dynamics 365 platform or other Microsoft technologies.

With this certification, you can pursue roles such as Dynamics 365 Finance Functional Consultant, Financial Analyst, Finance Manager, and ERP Consultant.

Professionals with an MB-310 certification typically see a salary increase, with average salaries ranging from $80,000 to $120,000 annually, depending on experience and location.

Benefits include validation of your skills in Dynamics 365 Finance, improved job opportunities, higher earning potential, and enhanced credibility in the finance and ERP industries.

The certification demonstrates your expertise in financial operations within Dynamics 365, leading to career growth opportunities such as promotions, more advanced roles, and specialized positions in financial consulting and management.

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Microsoft Dynamics 365 Finance Questions and Answers

Questions 1

You need to configure budget planning for Alpine Ski House Corporate.

Which two components should you configure? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

budget control workflow

B.

budget planning workflow

C.

operational budget register entry IS

D.

organizational hierarchy

E.

budget planning hierarchy

Questions 2

You need to prevent the issue from reoccurring for User5.

What should you do?

Options:

A.

Use the audit list search query type.

B.

Set up the aggregate query type for entertainment expenses.

C.

Set up the sampling query type for entertainment expenses.

D.

Add more keywords to the audit policy.

Questions 3

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?

Options:

A.

Post invoices with discrepancies is set to require approval.

B.

Match invoice totals is set to yes.

C.

Three-way match policy is configured.

D.

Two-way match policy is configured.

E.

Post invoices with discrepancies is set to allow with warning.

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