A multinational company needs to produce financial statements that group similar main accounts (e.g., all cash accounts) for reporting purposes. They want to avoid creating a separate report that lists each main account individually. What should you configure?

Use financial dimension default templates to group accounts.

Set up advanced rules to group main accounts.

Configure balance control accounts for each group.

Create main account categories and assign the relevant main accounts to each category.

In Dynamics 365 Finance, where do you configure advanced rules?

In the account structure form, on the Advanced rules FastTab

In the main account form, on the Advanced rules FastTab

In the financial dimension form, on the Advanced rules FastTab

In the legal entity form, on the Advanced rules FastTab

In Dynamics 365 Finance, where do you configure financial dimension default templates?

General ledger > Chart of accounts > Financial dimension default templates

Organization administration > Workflows

In Dynamics 365 Finance, where do you configure the chart of accounts?

Inventory management > Item groups

Accounts receivable > Customers

General ledger > Chart of accounts

In Dynamics 365 Finance, where do you set up legal entity overrides for a main account?

In the account structure form, on the Legal entity overrides FastTab

In the financial dimension form, on the Legal entity overrides FastTab

In the legal entity form, on the Main accounts FastTab

In the main account form, on the Legal entity overrides FastTab

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 9)

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 41–45

41application · medium
A multinational company needs to produce financial statements that group similar main accounts (e.g., all cash accounts) for reporting purposes. They want to avoid creating a separate report that lists each main account individually. What should you configure?
Select an answer first
42foundation · easy
In Dynamics 365 Finance, where do you configure advanced rules?
Select an answer first
43foundation · easy
In Dynamics 365 Finance, where do you configure financial dimension default templates?
Select an answer first
44foundation · easy
In Dynamics 365 Finance, where do you configure the chart of accounts?
Select an answer first
45foundation · easy
In Dynamics 365 Finance, where do you set up legal entity overrides for a main account?
Select an answer first

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