Microsoft MB-310 Q&A - in .pdf

  • MB-310 pdf
  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Updated: Oct 14, 2026
  • Q & A: 364 Questions and Answers
  • Convenient, easy to study.
    Printable Microsoft MB-310 PDF Format. It is an electronic file format regardless of the operating system platform.
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  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
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  • If you purchase Microsoft MB-310 Value Pack, you will also own the free online Testing Engine.
  • Updated: Oct 14, 2026
  • Q & A: 364 Questions and Answers
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Microsoft MB-310 Q&A - Testing Engine

  • MB-310 Testing Engine
  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Updated: Oct 14, 2026
  • Q & A: 364 Questions and Answers
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Skills measured

  • Implement and manage accounts payable and expenses (10-15%)
  • Manage budgeting and fixed assets (10-15%)
  • Set up and configure financial management (50-55%)
  • The content of this exam will be updated on August 27, 2021. Please download the exam skills outline below to see what will be changing.
  • Implement accounts receivable, credit, collections, and revenue recognition (20-25%)

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Microsoft MB-310 Exam Reference

Important Details

The candidates for this certification exam are Functional Consultants. These specialists analyze the business prerequisites and translate the same into completely realized business procedures and solutions that utilize industry best practices. These professionals function as a core resource in the implementation and configuration of applications that fulfill the business requirements.

The Microsoft MB-310 exam does not have any official prerequisites. However, the test takers must have a basic understanding and knowledge of financial operations and accounting principles, including accounts receivables and accounts payables, costing principles, budgeting, taxes, and fixed assets.

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

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

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

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MB-310 Practice Dumps

Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Implement and Manage General Ledger and Cost Accounting25-30%- Implement General Ledger
  • 1. Implement periodic processes and allocations
  • 2. Configure and manage intercompany accounting
  • 3. Configure and process financial consolidation
  • 4. Configure and process journal entries
  • 5. Implement advanced ledger structures
- Implement Cost Accounting
  • 1. Create cost control units and cost groups
  • 2. Configure and process budget configurations
  • 3. Configure cost accounting module
  • 4. Implement cost allocations and cost behavior
Topic 2: Configure and Implement Core Financial Functions20-25%- Configure cash flow management
  • 1. Implement petty cash and workflow for cash management
  • 2. Set up cash flow forecasts
  • 3. Configure bank management and bank accounts
- Implement and manage financial structures
  • 1. Set up ledgers, currencies, and exchange rates
  • 2. Configure fiscal calendars, fiscal years, and periods
  • 3. Create and manage legal entities
  • 4. Configure chart of accounts and account structures
  • 5. Implement financial dimensions and dimension sets
Topic 3: Implement and Manage Accounts Payable and Receivable25-30%- Implement Accounts Receivable
  • 1. Implement and process customer payments
  • 2. Set up customers, customer groups, and customer posting profiles
  • 3. Configure and manage collection letters and interest
  • 4. Implement free text invoices and sales orders
  • 5. Configure accounts receivable parameters and payment terms
- Implement Accounts Payable
  • 1. Set up vendors, vendor groups, and vendor posting profiles
  • 2. Implement and process vendor payments
  • 3. Implement invoice and payment workflows
  • 4. Configure accounts payable parameters and payment terms
  • 5. Configure charges and multi-lined invoice scenarios
Topic 4: Implement and Manage Fixed Assets10-15%- Configure Fixed Assets
  • 1. Configure fixed asset books and value models
  • 2. Implement fixed asset acquisition, depreciation, and disposal
  • 3. Configure fixed asset parameters and groups
  • 4. Implement fixed asset tracking and reporting
  • 5. Set up fixed asset depreciation methods and conventions

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions:

Question #1

You are asked to configure a main account in Dynamics 365 Finance.

Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Reveal Solution  Discussion  0

Correct Answer:


Explanation:

Question #2


You are asked to configure the method of payments for vendors.
You are viewing an Accounts payable method of payment.
Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Reveal Solution  Discussion  0

Correct Answer:


Explanation:

Question #3

D18912E1457D5D1DDCBD40AB3BF70D5D
A customer uses the sales tax functionality in Dynamics 365 Finance.
The customer reports that when a sales order is created, sales tax does not calculate on the line.
You need to determine why sales tax is not calculated.
What are two possible reasons? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

  • A. The sales tax authority is not set up for the correct jurisdiction.
  • B. The sales tax settlement account is not configured correctly.
  • C. The sales tax group is populated on the line, but the item sales tax group is missing.
  • D. The sales tax group and item sales tax group are selected, but the sales tax code is not associated withboth groups.
  • E. The sales tax code and item sales tax code are selected, but the sales tax group is not associated to bothcodes.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

Question #4

A company plans to allocate revenue across occurrences by using recognition basis.
Which recognition basis can you use?

  • A. first of month
  • B. First of next month
  • C. Mid-month split
  • D. Monthly by dates
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

Question #5

A company uses Dynamics 365 Finance for sales tax calculation and reporting. You have configured the sales tax code, sales tax group, and item sales tax group: The JAX sales tax group includes the following tax codes:
* Jacksonville
* Duval CT
* FL
* FL Special 1
* FL Special 2
* FL Special 3
* FL Special 5
The default item sales tax group includes the following tax codes:
* Jacksonville
* Duval CT
* FL
* FL Special 1
* FL Special 2
* FL Special 3
* FL Special 4
* Lake Worth
* Palm Beach CT
You assign the JAX sales tax group as the sales tax group, and default item sales tax group on the sales order.
You need to select the tax code used for tax calculation on the sales order.
What should you choose?

  • A.
  • B.
  • C.
  • D.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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