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Pass the Microsoft Financials Functional Consultant Associate MB-310 Questions and answers with ValidTests

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Viewing page 8 out of 11 pages
Viewing questions 71-80 out of questions
Questions # 71:

You need to configure the system to meet the budget preparation requirements.

What should you do? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Question # 71

Options:

Questions # 72:

The Canadian franchise purchases excess ski equipment from the US franchise. Two sets of skis are

purchased totaling USD1,000.

When the purchase invoice is prepared, USD10,000 is keyed in by mistake.

Which configuration determines the result for this intercompany trade scenario?

Options:

A.

Post invoices with discrepancies is set to require approval.

B.

Match invoice totals is set to yes.

C.

Three-way match policy is configured.

D.

Two-way match policy is configured.

E.

Post invoices with discrepancies is set to allow with warning.

Questions # 73:

You need to acquire the fixed assets that are associated with the purchase orders.

What should you do?

Options:

A.

Select the fixed asset checkbox on the invoice.

B.

Create the fixed assets in the fixed asset module and then acquire the asset.

C.

Create the fixed assets in the fixed asset module and then select the fixed asset checkbox on the product

receipt.

D.

Reverse the product receipt and then repost it.

Questions # 74:

You need to configure ledger allocations to meet the requirements.

What should you configure? To answer, drag the appropriate setups to the correct requirements. Each setup 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.

Question # 74

Options:

Questions # 75:

You need to resolve the issue that User4 reports.

What should you do?

Options:

A.

Change the status of the vendor collaboration request

B.

Create a vendor account with the systemexternaluser role and the vendor admin (external) role

C.

Remove the externalsystemuser role from the vendor

D.

Manually create the vendor account with the systemuser role

Questions # 76:

You need to adjust the sales tax configuration to resolve the issue for User3.

What should you do?

Options:

A.

Create multiple settlement periods and assign them to the US tax vendor.

B.

Create multiple sales tax remittance vendors and assign them to the settlement period.

C.

Run the payment proposal to generate the sales tax liability payments.

D.

Create a state-specific settlement period and assign the US tax vendor to the settlement period.

Questions # 77:

You need to configure budget planning for Alpine Ski House Corporate.

Which two components should you configure? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

budget control workflow

B.

budget planning workflow

C.

operational budget register entry IS

D.

organizational hierarchy

E.

budget planning hierarchy

Questions # 78:

You need to process expense allocations.

Which features should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or net 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.

Question # 78

Options:

Questions # 79:

You need to configure system functionality for pickle type reporting.

What should you use?

Options:

A.

item model groups

B.

item groups

C.

procurement category hierarchies

D.

financial dimensions

E.

procurement categories

Questions # 80:

Which configuration makes it possible for User4 to make a purchase?

Options:

A.

Budget model configuration is configured to allow certain purchases to exceed budget.

B.

Budget is posted at the dimension level. Budget control is managed at main account level.

C.

Budget funds available are configured to allow dimension budget overrides.

D.

Budget is posted at the main account level. Budget control is managed at the department level.

Viewing page 8 out of 11 pages
Viewing questions 71-80 out of questions