MB-310 Exam Question 21

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 are managing credit and collections.
You need to set up mandatory credit limits for all customer documents.
Solution: Define a credit limit for each customer and select Mandatory credit limit check box on the Customers form.
Does the solution meet the goal?
it limit
  • MB-310 Exam Question 22

    A company uses Dynamics 365 Finance. The company accepts customer payments in installments.
    You must configure the number of installments, the amount of each installment, and a due date of each installment for a payment schedule to determine the revenue allocation for each month. You must provide the total revenue amounts allocated over a period for a specific payment.
    You need to configure the system to allocate the total outstanding amount of an invoke.
    What should you configure?
  • MB-310 Exam Question 23

    A company is implementing Dynamics 365 Finance to standardize inventory configuration across business units.
    The company requires the following item model groups to be set up based on inventory handling, costing method, and stock behavior.
    . Retail items: Consumer goods sold in stores with minimal price fluctuation. Any cost variance needs to be accounted in a separate account. Stock must be verified before processing sales.
    . Construction materials: High-volume raw materials like sand and concrete purchased at variable costs. Stock availability checks are not required, and it requires real-time cost adjustment without an inventory close process.
    . Perishables: Items like food and pharmaceuticals, which require issuing and costing based on expiration dates.
    To answer, drag the appropriate costing method to the correct system behavior. Each costing method may be used once, more than once, or 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.

    MB-310 Exam Question 24

    A company uses Dynamics 365 Finance.
    The company has decided to implement basic budgeting to track budgeted versus actual amounts.
    You need to configure the system to track and identify budget transactions and set up controls on budget balance updates.
    What should you define?
  • MB-310 Exam Question 25

    A company configures budget controls at the beginning of the year.
    Which three budget control transaction actions occur when the budget control is turned off mid-year. Each correct answer presents part of the solution.
    NOTE: Each correct selection is worth one point.