Configure Expense Management MB-310 Practice Questions (Page 2)

Questions 6–10

1. 6expert · hard

   A multinational company has two legal entities: Contoso US and Contoso UK. An employee of Contoso US travels to the UK and incurs a hotel expense that should be charged to Contoso UK's cost center. The employee will submit an expense report in Contoso US. You need to configure intercompany expense handling so that the expense is posted to the correct legal entity while the employee is reimbursed by Contoso US. What should you do?

   • AHave the employee submit the expense report in Contoso UK instead of Contoso US, and then transfer the reimbursement to the employee's US bank account.
   • BSet up an intercompany expense policy that allows expenses to be charged to another legal entity. On the expense line, select the intercompany vendor and the destination legal entity.
   • CCreate a separate expense category for intercompany expenses and require the employee to manually create a vendor invoice in Contoso UK for the amount.
   • DConfigure the expense category for hotels to use a default financial dimension of Contoso UK, and then submit the expense report in Contoso US.
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   An employee accidentally includes a personal meal on a business trip expense report. The company policy states that personal expenses are not reimbursable and must be clearly identified. What should you configure to ensure the personal portion is not reimbursed?

   • ADelete the personal meal from the expense report and reimburse the full amount.
   • BCreate a personal expense category and instruct the employee to use it for the personal meal, then exclude personal categories from reimbursement.
   • CCreate a policy that automatically rejects any expense report that includes a personal expense category.
   • DCreate a separate business expense category for personal meals and mark it as non-deductible.
   Reveal Solution Discussion Select an answer first
4. 8foundation · easy

   Which of the following is typically required to create an expense report in Dynamics 365 Finance?

   • AA purchase order
   • BAn employee expense profile
   • CAn approved budget
   • DA vendor invoice
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5. 9foundation · easy

   What is the purpose of configuring personal expenses in Dynamics 365 Finance expense management?

   • ATo manage expenses related to company-owned vehicles
   • BTo manage expenses that are paid directly by the company
   • CTo manage non-reimbursable expenses incurred by employees
   • DTo manage expenses that the company will reimburse to the employee
   Reveal Solution Discussion Select an answer first
6. 10foundation · easy

   In Dynamics 365 Finance, what is an example of an expense report policy?

   • ARequiring a receipt for expenses over a certain amount
   • BDefining the expense categories available for selection
   • CSetting the default currency for expense reports
   • DAutomatically approving all expense reports
   Reveal Solution Discussion Select an answer first