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These 10 free MB-310 questions are organized by exam domain, so you can see how each part of the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate blueprint is tested. Reveal the answer and explanation under each question.
Equipment purchases in Dynamics 365 Finance already require a Project value through an advanced rule. The base account structure contains Main account and Department, but not Project. Finance now needs to budget those purchases by Project as well as validate the acquisition postings. Which design change supports both uses?
Correct answer: C - Include Project in the base account structure and retain required-value validation for equipment accounts.
Two posted bank payments have the same date and amount but different payment references. An imported statement contains one debit with a reference that identifies the second payment. An advanced bank-reconciliation rule using only date and amount leaves the debit unresolved because both payments qualify. What refinement would distinguish this payment without weakening the matching controls?
Correct answer: D - Add payment-reference matching to the existing date and amount criteria.
Testing confirms that a sales invoice selects the intended tax code and calculates the correct tax amount. The tax report is also correct, but the voucher credits the wrong tax-liability main account. The customer receivable and revenue accounts are correct. Where should the consultant correct the tax-account mapping for subsequent invoices?
Correct answer: C - The tax-liability account in the code's ledger posting group.
At 09:00, a collector sees USD 18,000 in a customer's 61-90 days overdue bucket. The aging snapshot was calculated at 02:00. A receipt posted at 08:30 has been fully settled against the affected invoice in the same legal entity; the current customer transaction balance is zero. The collector proposes a final demand. How should the manager resolve the conflicting information?
Correct answer: D - Update the aging snapshot, then reassess the customer's delinquency using the current balances.
A customer has paid an annual support invoice that was posted to deferred revenue using the balance-sheet method. A dispute about next year's renewal places future billing on hold, but the current support service continues unchanged. The active deferral schedule has an unrecognized line for the completed month. Under the company's policy, revenue is earned as that service is delivered. What should the accountant post for the completed month?
Correct answer: A - Recognize the scheduled amount by debiting deferred revenue and crediting support revenue.
A purchase order is for 120 valves. The vendor invoices 100 valves at the agreed net unit price. Only 80 have physically arrived, and the selected product receipts correctly record those 80. Three-way matching is required, and receipt discrepancies cannot be overridden. Why does the invoice fail matching even though its quantity is below the ordered quantity?
Correct answer: A - It compares the 100 invoiced units with the 80 units on matched product receipts.
Minutes before transmission, review of a file generated from an unposted vendor payment journal finds that one large payment uses a newly changed, unverified beneficiary account. All other payments have passed review. Company policy requires independent approval of beneficiary changes, permits removing individual payments before release, and prohibits editing exported files outside Finance. Which response contains the immediate risk while allowing verified payments to proceed?
Correct answer: D - Withhold that payment, regenerate and review the remaining file, and obtain independent beneficiary approval before its release.
For one controlled account-and-department combination, the annual budget is USD 120,000, actual expenditure is USD 72,000, and unrelated open purchase orders reserve USD 14,000. A USD 18,000 requisition has just been fully converted into an uninvoiced purchase order for the same amount; the reservation transition completed correctly. Budget control counts actuals, encumbrances, and pre-encumbrances. There are no other adjustments or commitments, and the buyer cannot exceed available funds. What is the result of checking a new, unrelated USD 12,000 requisition?
Correct answer: B - Pass; USD 4,000 remains available after the new reservation.
Department managers maintain Proposed amounts in child budget plans associated with a Finance parent plan through the budget-planning hierarchy. Before each review, Finance needs the children's latest amounts in a separate Parent review scenario. That scenario must contain the latest submission only, not the sum of successive submissions. Which allocation design meets the requirement?
Correct answer: A - Use Aggregate from child Proposed to Parent review, replacing the lines from the previous submission.
One machine has CORPORATE and TAX books. Acquisitions entered in CORPORATE must also be recorded automatically in TAX. Both calculate depreciation monthly, but CORPORATE uses straight-line depreciation and TAX uses a separately configured reducing-balance method. The consultant must prevent corporate depreciation amounts from being copied into TAX. Select the appropriate derived-book setup.
Correct answer: B - Derive Acquisition into TAX, but calculate depreciation separately using each book's own profile.
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