Configure and Manage Subscription Billing MB-310 Practice Questions (Page 7)

Questions 31–32

1. 31foundation · easy

   What is the primary purpose of a billing schedule in Dynamics 365 Finance?

   • ATo record one-time sales transactions that do not repeat
   • BTo track inventory levels and automatically reorder products for a customer
   • CTo consolidate multiple customers' invoices into a single periodic statement
   • DTo generate recurring sales documents automatically for a customer over a defined period
   Reveal Solution Discussion Select an answer first
2. 32application · medium

   A company purchases a 12-month software license for $6,000 and pays the full amount upfront. The finance team wants to recognize the expense evenly over the license period. They have configured expense deferral defaults. What should the administrator do to ensure the vendor invoice creates an expense deferral schedule?

   • APost the vendor invoice without deferral and use a reversing journal entry each month.
   • BAssign the expense deferral default to the procurement item and ensure the default has a 12-month recognition schedule.
   • CManually create an expense deferral schedule after posting the vendor invoice and post recognition entries monthly.
   • DSet the deferral default to 'Revenue' with a 12-month schedule and assign it to the item.
   Reveal Solution Discussion Select an answer first