A vendor invoice includes a freight charge that should be posted to a specific expense account. The company wants to automate the application of this charge to all invoices from a particular vendor group. What should you configure?

Set up a charges code for freight and assign it to the vendor group as a default charge.

Use the vendor invoice journal to manually add the freight charge to each invoice.

Create a vendor posting profile that includes the freight account.

Set up an invoice matching policy to include freight charges.

What is an intercompany vendor invoice in Dynamics 365 Finance?

An invoice from a vendor located in another country

An invoice between two legal entities within the same organization

An invoice that is shared across multiple legal entities

An invoice that is posted to multiple general ledger accounts

Your company pays a monthly retainer to a law firm. The invoice amount is the same every month. You want to automate the entry of this invoice to save time. What should you do?

Create a standing purchase order and generate invoices from it each month.

Create a recurring vendor invoice template and generate the invoice each month.

Set up a workflow to automatically create the invoice.

Manually enter the invoice each month using the vendor invoice journal.

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 3Objective 1

Implement and Manage Accounts Payable MB-310 Practice Questions (Page 2)

Part of the Implement and manage accounts payable and expenses domain, which accounts for 10–15% of the MB-310 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~4–10 in this domain), expect 2–5 from this objective — we provide 55 practice questions to prepare you well beyond it. (estimate)

55questions here

11free pages

15concepts

10–15%of the exam

Questions 6–10

6foundation · easy
In Dynamics 365 Finance, which page is used to create and manage vendor records?
Select an answer first
7foundation · easy
A company wants to ensure that vendor invoice line amounts do not exceed the corresponding purchase order line amounts by more than 5%. Which feature should be configured in Accounts payable?
Select an answer first
8application · medium
A vendor invoice includes a freight charge that should be posted to a specific expense account. The company wants to automate the application of this charge to all invoices from a particular vendor group. What should you configure?
Select an answer first
9foundation · easy
What is an intercompany vendor invoice in Dynamics 365 Finance?
Select an answer first
10application · medium
Your company pays a monthly retainer to a law firm. The invoice amount is the same every month. You want to automate the entry of this invoice to save time. What should you do?
Select an answer first

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Implement and Manage Accounts Payable MB-310 Practice Questions (Page 2)

Questions 6–10

In Dynamics 365 Finance, which page is used to create and manage vendor records?

A company wants to ensure that vendor invoice line amounts do not exceed the corresponding purchase order line amounts by more than 5%. Which feature should be configured in Accounts payable?

A vendor invoice includes a freight charge that should be posted to a specific expense account. The company wants to automate the application of this charge to all invoices from a particular vendor group. What should you configure?

What is an intercompany vendor invoice in Dynamics 365 Finance?

Your company pays a monthly retainer to a law firm. The invoice amount is the same every month. You want to automate the entry of this invoice to save time. What should you do?

Keep studying — Implement and manage accounts payable and expenses