Free MB-310 Exam Braindumps (page: 6)

Introductory Info
Case study
This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the Next button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. If the case study has an All Information tab, note that the information displayed is identical to the information displayed on the subsequent tabs. When you are ready to answer a question, click the Question button to return to the question.
Background
Munson's Pickles and Preserves Farm grows and distributes produce, jellies, and jams. The company's corporate headquarters is located in Dallas, TX. Munson's has one operations center and seven regional distribution centers in the United States.
The company has two wholly owned subsidiaries that operate in Canada. The Canadian entity owns an entity in France.
Munson's plans to expand into Latin America by purchasing the last 25 percent of a subsidiary that they own in Costa Rica. This process is expected to complete within the next two years.
The company plans to implement Dynamics 365 Finance and Dynamics 365 Supply Chain to meet their growing business needs.
Current environment. General
Munson's uses a mix of internally-developed legacy systems that handle their finance and distribution activities. The company has an isolated CRM system.
Both Canadian subsidiaries have two departments: marketing and operations.
Financial reporting is difficult due to data residing in disparate systems.
Financial reporting is currently performed by using Microsoft Excel.
Pre-orders in the current system are difficult to track because the order management system is not integrated with the finance system.
Pickle sales post to one revenue account, but this does not allow for targeted reporting by pickle cut and type.
Current environment. Organization
The following chart shows Accounting/Reporting Currencies and Tax ID, if applicable.
Typically, vendor invoices are received prior to receipt of product.
The following fixed assets are sold for a loss:
1. BUILD-100
2. CAR-1233
At the regional distribution centers, the value for physical inventory does not match the inventory in the financial system.
Munson's rents their corporate office. Rent is not paid by purchase order. Rent is due once a quarter.
Allocations are performed manually.
Barrels are inventoried by site and warehouse.
Munson's has multiple depreciation and tax books for all of their fixed asset equipment.
Budgets are posted at the department level for each legal entity.
Requirements. Sales
Customers should be able to pre-order for fall release of pickles.
Three-way matching must be enforced for all purchases.
Fixed asset sale transactions require a ledger account entered at the time of transaction.
Fixed assets purchased must be automatically created in fixed asset module. This includes inventory items and write in purchase orders/non-inventoried items.
One dollar from every sale needs must be tracked and donated at the end of each month to a charitable organization.
Purchasing budgets must be enforced at the main account level.
Requirements. Finances
Accounts payable must be able to enter vendor invoices on the day they were received to be settled against when product is received.
Accounts payable must be able to enter vendor invoices to accrue expense without specifying a purchase order at the time of entry.
Postage expenses must be split evenly across the regional distribution centers automatically.
Administrative expenses must be distributed across the regional distribution centers by percentage of fulfillment orders monthly.
Pickling machines depreciation must be uniquely recorded for visibility but not post to the ledger.
Issues
During implementation testing, User1 indicates that after packing slips are generated for purchase orders, there are no ledger postings.
User2 indicates that fixed assets purchased on a purchase order do not show up in the Fixed Assets module.
User3 reports that they are seeing inconsistent application of the one-dollar donation from all sales orders.
User4 in the Canadian subsidiary is able to purchase supplies for marketing despite exceeding the marketing department budget.
User5 reports that when purchasing a non-inventoried computer, the system is automatically assigning it to the buildings fixed asset group.
Question
You need to recommend a solution to prevent User3's issue from recurring.
What should you recommend?

You need to determine why CustomerX is unable to confirm another sales order.
What are two possible reasons? Each answer is a complete solution.
NOTE: Each correct selection is worth one point.

Introductory Info
Case study
This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the Next button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. If the case study has an All Information tab, note that the information displayed is identical to the information displayed on the subsequent tabs. When you are ready to answer a question, click the Question button to return to the question.
Background
First Up Consultants is a global finance and accounting company.
Financial needs at organizations are constantly changing. When global companies become too large, it becomes too difficult for them to scale to meet their global operational needs. First Up Consultants provides `Finance as a Service` capabilities.
Some large corporations complement their existing finance staff by engaging select services of First Up Consultants. Other large corporations outsource their entire finance operation to First Up Consultants.
First Up Consultants has hundreds of customers at any time. One such customer, Humongous Insurance, is updating its Dynamics Finance 365 implementation.
Another customer, Trey Research, is setting up its first Dynamics 365 Finance implementation.
Current environment
Ledger
Humongous Insurance is a US-based company and operates its fiscal year from January 1 to December 31. Humongous Insurance reports across all its subsidiaries in consolidated financial reports.
Trey Research is a Canadian-based company that operates its fiscal year from April 1 to March 31.
Humongous Insurance employees receive an annual cost of living increase.
Requirements
Ledger
One of Humongous Insurance's companies provides insurance to government clients and must separate that particular company into its own subsidiary.
The Humongous subsidiary will operate in China, which requires a fiscal year from February 1 to January 31.
Transactions must be posted in the business of record.
Humongous Insurance's subsidiary requires accounting entries to be posted from the subledger to the general ledger by 5:00 PM each day.
Trey Research requires accounting entries to be posted from the subledger to the ledger immediately.
Fiscal calendars
You must create three new fiscal calendars:
A fiscal calendar named FebJan that runs from Feb 1 to Jan 31.
A fiscal calendar named AprMar that runs from April 1 to March 31.
A fiscal calendar named JanDec that runs from January 1 to December 31.
Accounts
Trey Research must track bank account balances and transactions for each province in which it operates.
The bank statement must be sent to the physical address of the home office.
Promotion
Humongous Insurance's subsidiary plans to celebrate its new subsidiary status by sending out free gifts to existing policyholders based on the tier of their policy.
Promotional items are ordered for distribution and once received must be tracked within Dynamics 365 Finance.
Taxes
As part of the spinoff to a subsidiary, Humongous Insurance's subsidiaries taxes must be changed from US government rates to Chinese government rates.
Humongous Insurance's subsidiary must track use taxes that are not claimed or reported to the Chinese tax agency.
Reporting
The CEO of Humongous Insurance needs to view the insurance products that customers plan to purchase. The report must show all transactions made over the last two years.
The corporate vice president of Humongous Insurance's subsidiary needs to view the forecasted cash impact of specific products purchased. The report must show only new transactions.
Expenses
Expenses must be paid using the following requirements:
Credit card processing
Humongous Insurance requires all credit card transactions to include line-item details.
Humongous Insurance's subsidiary requires the shipping address, merchant address, and tax information, but cannot include any order line details.
Trey Research requires all credit card transactions include transaction date, transaction amount, description, and line-item details.
Compliance and compensation
Trey Research must be able to audit any modifications to its budget.
Humongous Insurance employees must receive raises four times per budget cycle.
Question
HOTSPOT (Drag and Drop is not supported)
You need to configure the fiscal year calendars for each legal entity.
How should you configure the fiscal year calendars? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

DRAG DROP (Drag and Drop is not supported) (Drag and Drop is not supported)
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.
Select and Place: