Microsoft MB-310 : Microsoft Dynamics 365 Finance Functional Consultant

Certification Path and Related Exams

Succeeding in MB-310 will make you attain the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification, which focuses more on global financial operations and automates tasks along with workflows. As a result, this will lead you to many job opportunities in the field of finance. It's to be mentioned that MB-300 is one of the related exams to earn the aforementioned certificate. Such a test gauges your ability to complete technical tasks like using common functionality & implementation tools and configuring security processes. This MB-300 validation acts as a prerequisite for the Microsoft Certified: Dynamics 365 Supply Chain Management, Manufacturing Functional Consultant Associate certification. Following this path can also help you gratify your goals professionally.

You can read the Microsoft MB-310 Certification Exam Requirements

Candidates for this exam have a basic understanding of the concepts of corporate accounting and finance, customer service, field service, manufacturing, retail, and supply chain management.

Applicants for this exam usually train in one or more sets of Microsoft Dynamics 365 Finance functions, including finance, manufacturing, and supply chain management. Applicants must have knowledge of basic accounting principles and practices.

• Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

You can read the Registration procedure of the Microsoft MB-310 Certification Exam

Step 1: Visit to Microsoft Exam Registration Step 2: Signup/Login to MICROSOFT account Step 3: Search for Microsoft MB-310 Certifications Exam Step 4: Select Date and Center of examination and confirm with payment value of $165

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Career Bonuses

The Microsoft certifications are among the most highly regarded options in the IT industry. Therefore, after passing the MB-310 exam and getting certified, you will open a lot of new doors of the opportunities for you. You will qualify to apply for several job roles. Some of these positions are listed below:

• Solutions Architect;
• Functional Consultant.
• System Engineer;
• Project Manager;

The average salary for these professionals can be about $119,000 per annum.

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310

Microsoft MB-310 Exam Syllabus Topics:

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions:

Question #1
A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements:
* Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various destination lines.
You need to configure the allocation rule. Which allocation method should you use?

A. Fixed percentage
B. Basis
C. Fixed weight
D. Equally

Question #2
You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts, The company wants to import their bank statements.
You need to import electronic bank statements to reconcile the bank accounts.
Which three actions can you perform? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A. Select all the bank accounts for the bank statement files, and then upload all files
B. Navigate to Import statement on the Bank Statements page of Cash and Bank Management
C. Import bank statements from the Data management workspace
D. Select Import statement for multiple bank accounts in all legal entities, and then upload a zip file
E. Select Account reconciliation on the bank account form

Question #3
A company uses Dynamics 365 Finance.
You need to use the advanced bank reconciliation feature to reconcile bank transactions.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Question #4
A company manufactures and installs air filtering units for industrial manufacturing plants.
The air filtering units are manufactured to order. The com
* 25 percent at the time of the sale
* 50 percent when the unit is shipped
* 25 percent when the unit is installed
Additionally, a three-year warranty is sold with covers.
You need to configure revenue recognition.
What should you do?

A. Create a new revenue schedule for each unit.
B. Create a reallocation posting for the warranty revenue.
C. Create the revenue schedule so that it uses the contract terms
D. Create one revenue schedule with milestones.

Question #5
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.
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 with import.
Does the solution meet the goal?

A. Yes
B. No

Solutions: