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Microsoft Dynamics 365 Finance Functional Consultant (MB-310) - Microsoft Exam Questions

Last updated on June 22, 2026

97% Exam Compliance
345 Total Questions
1
Question
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. You manage a Dynamics 365 finance implementation. You must provide the budget versus actual reporting in near real time. You need to configure the ledger budgets and forecasts workspace to track expenses over budget and revenue under budget. Solution: Configure an expense dimension set expense budget threshold, revenue dimension set, and revenue budget threshold percent field values on the Configure my workspace form. Does the solution meet the goal?
Options
A Yes
B No
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2
Question
You are setting up the yearly budget for an organization for the year 2019. You need to set up the budget register entries.

Which two fields must be set up when creating register entries? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.
Options
A Budget code
B Budget cycle
C Budget manager
D Budget model
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3
Question
You need to configure the system to meet the fiscal year requirements. What should you do?
Options
A Create a closing period
B Divide the twelfth period.
C Add an additional period to ledger calendars.
D Add an additional fiscal years
E Create a new fiscal calendar
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4
Question
A company has many customers who are not paying invoices on time. You need to use the collection letter functionality to manage customer delinquencies.

What are two possible ways to achieve the goal? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point. D18912E1457D5D1DDCBD40AB3BF70D5D
Options
A Delete the collection letters after posting when an error occurs.
B Cancel the collection letters after they are created and posted.
C Print all of the collection letters.
D Post the collection letters.
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5
Question
DRAG DROP 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

Exhibit
Reveal Only
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