Configure Expense Management MB-310 Practice Questions (Page 5)

Questions 21–23

1. 21foundation · easy

   In Dynamics 365 Finance, where do you configure per diem rates for different locations?

   • APer diem rates
   • BExpense categories
   • CMileage rates
   • DExpense management parameters
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2. 22application · medium

   A consulting firm wants to automate daily meal allowances for employees on business trips. They need the allowance to vary by location (e.g., high-cost cities get a higher rate) and to be automatically calculated when an employee creates an expense report with travel dates. What should you configure?

   • AConfigure expense report policies to require a receipt for all meal expenses, and let employees claim actual costs.
   • BCreate a mileage expense category and configure a fixed rate per mile, then require employees to enter distance manually.
   • CSet up per diem rate tiers by location and assign them to the appropriate expense category, then enable per diem calculation on the expense report.
   • DSet up a per diem expense category with a single flat rate for all locations, and require employees to manually adjust the amount for high-cost cities.
   Reveal Solution Discussion Select an answer first
3. 23application · medium

   A company policy states that any expense line marked as 'personal' should not be reimbursed and should be excluded from the expense report total. Employees sometimes forget to mark personal items, so the company wants the system to automatically flag certain expense categories as personal. You need to configure personal expenses. What should you do?

   • ASet the default payment type for personal expense categories to 'Cash' and then exclude cash expenses from reimbursement.
   • BCreate an expense report policy that checks the expense description for the word 'personal' and denies reimbursement if found.
   • CEnable the 'Personal expense' option on the relevant expense categories so that any expense line using those categories is automatically marked as personal.
   • DConfigure the expense category to require a receipt for all expenses, and then manually review each expense report to identify personal items.
   Reveal Solution Discussion Select an answer first