In Dynamics 365 Finance, where do you configure balance control accounts?

Accounts receivable > Customers

General ledger > Posting setup > Balance control accounts

Inventory management > Inventory posting

Organization administration > Number sequences

In Dynamics 365 Finance, where do you manage account structures?

General ledger > Chart of accounts > Account structures

Organization administration > Workflows

What is the purpose of a derived dimension in Dynamics 365 Finance?

To define the currency for a financial dimension

To create a new financial dimension

To control user access to financial dimensions

To automatically populate a financial dimension value based on another dimension value

What is the purpose of an advanced rule in Dynamics 365 Finance?

To define the currency for a legal entity

To enforce specific financial dimension combinations based on criteria

To store the opening balances of main accounts

To control user access to the general ledger

What is the purpose of a balance control account in Dynamics 365 Finance?

To define the default currency for a legal entity

To manage user access to the general ledger

To store the opening balance of a main account

To monitor and control the balance of a specific main account

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 1Objective 1

Design and Configure the Chart of Accounts and Financial Dimensions MB-310 Practice Questions (Page 4)

Part of the Implement financial management domain, which accounts for 35–40% of the MB-310 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~14–26 in this domain), expect 2–4 from this objective — we provide 56 practice questions to prepare you well beyond it. (estimate)

56questions here

12free pages

15concepts

35–40%of the exam

15 Concepts in This Objective

Financial Dimensions Design
Financial Dimensions Configuration
Chart of Accounts Design
Chart of Accounts Configuration
Main Accounts Configuration
Main Account Categories Configuration
Ledger Account Aliases Setup
Balance Control Accounts Configuration
Legal Entity Overrides Configuration
Account Structures Management
Advanced Rules Configuration
Financial Tags Design
Financial Tags Configuration
Derived Dimensions Configuration
Financial Dimension Default Templates

Questions 16–20

16foundation · easy
In Dynamics 365 Finance, where do you configure balance control accounts?
Select an answer first
17foundation · easy
In Dynamics 365 Finance, where do you manage account structures?
Select an answer first
18foundation · easy
What is the purpose of a derived dimension in Dynamics 365 Finance?
Select an answer first
19foundation · easy
What is the purpose of an advanced rule in Dynamics 365 Finance?
Select an answer first
20foundation · easy
What is the purpose of a balance control account in Dynamics 365 Finance?
Select an answer first

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