MB-310 Exam Question 221

A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company. Transactions for current employees must be recognized in the general ledger twice a month with an employee's pay. Transactions for new employees must be recognized in the general ledger based upon the employee's first pay date.
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
  • MB-310 Exam Question 222

    You are a functional consultant for a legal entity named Contoso Group (GLCO).
    You plan to sell new products that will increase in quality over time.
    You need to implement a solution that uses the Last in, First out (LIFO) inventory model for GLCO.
    To complete this task, sign in to the Dynamics 365 portal.
  • MB-310 Exam Question 223

    You plan to implement Dynamics 365 Finance.
    You need to configure the system to meet the following requirements:
    Post vendor invoices in a journal.
    Create payments to vendors.
    Post headcount transactions.
    Process intercompany transactions.
    Which journal types should you use? To answer, select the appropriate configuration in the answer area.
    NOTE: Each correct selection is worth one point.

    MB-310 Exam Question 224

    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: Select Consolidate online in Finance and Operations. Include eliminations during the process or as a proposal. Setup the transactions to post in the legal entity configured for consolidations.
    Does the solution meet the goal?
  • MB-310 Exam Question 225

    A company implements expense management in Dynamic employee travel expenses.
    The current per diem setup on the Expense management parameters page is as follow:

    Use the drop-down menus to select the answer choice that that answers each question based on the information presented in the graphic.