Configure and Manage Budget Planning MB-310 Practice Questions (Page 5)

Questions 21–25

1. 21application · medium

   A global company is implementing budget planning. The finance department wants to review budgets at the legal-entity level, while each legal entity's budget manager should only see and edit their own entity's plans. The company has multiple legal entities and a shared services department. What should you configure to support this oversight model?

   • ACreate an organization hierarchy for budget planning that includes all legal entities, and assign the appropriate security roles to each level.
   • BAssign all users to the same security role and use the budget plan's owner field to control access.
   • CCreate a separate budget planning process for each legal entity, and give the finance department access to all of them.
   • DUse the default organization hierarchy that is already set up for the company, and rely on the workflow to restrict access.
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2. 22application · medium

   A services company is starting its budget planning cycle. The finance manager wants to create a budget plan for the entire company, then allocate the amounts to different service lines. The budget planning process has been configured. What is the first step the finance manager should take in the 'Budget planning' workspace?

   • ACreate the allocation schedules first to distribute the amounts.
   • BManually create a new budget plan and add lines for each service line.
   • CSet up the budget scenarios for the plan.
   • DGenerate a budget plan for the company using the 'Generate' function in the budget planning process.
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4. 23application · medium

   A company has multiple legal entities. They want to use a single budget planning process that covers all entities, but each entity has its own department structure. What should they configure to support this?

   • AUse an organization hierarchy that includes all legal entities and their departments.
   • BAssign multiple organization hierarchies to the budget planning process.
   • CConfigure the budget planning process to ignore the legal entity dimension.
   • DCreate a separate budget planning process for each legal entity.
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5. 24application · medium

   A company is configuring budget planning for the first time. The finance team wants to use a specific organization hierarchy that includes cost centers and projects. They also want to ensure that the budget planning process uses this hierarchy for routing and review. What should you configure?

   • AUse the default organization hierarchy that is already assigned to the legal entity.
   • BSet up the organization hierarchy with a purpose of 'Budget planning' and then select it in the budget planning process.
   • CAssign the organization hierarchy to the budget plan scenario, not the process.
   • DCreate the budget planning process first, and then the organization hierarchy will automatically be used.
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6. 25application · medium

   A company wants to implement budget planning where each department manager submits a budget for their own department, and then the finance director reviews and approves all of them. The company's organizational structure has a 'Department' hierarchy. What is the first step to configure this in Dynamics 365 Finance?

   • ASet up user permissions for each department manager in the security roles.
   • BCreate a budget plan for each department individually.
   • CDefine the budget allocation schedules for the departments.
   • DCreate a new budget planning process and assign the 'Department' organization hierarchy to it.
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