In Dynamics 365 Finance, what does 'settle open transactions' do during customer payment processing?

It matches the payment to specific unpaid invoices

It creates a new invoice for the customer

It reverses a previously posted payment

It sends a receipt to the customer

A shipping fee needs to be automatically added to all sales orders for a specific customer. What should be configured?

A charge code and an automatic charge rule

A company has two legal entities: Entity A (selling) and Entity B (buying). They want to automatically create intercompany purchase orders and invoices when a sales order is posted in Entity A. However, they also want to prevent the intercompany invoice from being posted automatically because the buying entity needs to review the invoice before posting. What should you configure?

Enable both intercompany purchase order and invoice posting, then use a workflow to hold the invoice for review.

Enable intercompany purchase order creation but disable the 'Post invoice automatically' option in the intercompany parameters.

Create the intercompany purchase order manually and then post the invoice automatically.

Use a batch job to create the intercompany documents and then manually post the invoice.

In Dynamics 365 Finance, what is the primary purpose of a customer group?

To define the currency used for customer transactions

To group customers for reporting and parameter defaults

To store customer bank account details

To control which users can access customer records

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 2Objective 1

Implement and Manage Accounts Receivable MB-310 Practice Questions (Page 8)

Part of the Implement accounts receivable, credit, collections, and subscription billing domain, which accounts for 15–20% of the MB-310 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~6–13 in this domain), expect 2–4 from this objective — we provide 39 practice questions to prepare you well beyond it. (estimate)

39questions here

8free pages

11concepts

15–20%of the exam

Questions 36–39

36foundation · easy
In Dynamics 365 Finance, what does 'settle open transactions' do during customer payment processing?
Select an answer first
37foundation · easy
A shipping fee needs to be automatically added to all sales orders for a specific customer. What should be configured?
Select an answer first
38expert · hard
A company has two legal entities: Entity A (selling) and Entity B (buying). They want to automatically create intercompany purchase orders and invoices when a sales order is posted in Entity A. However, they also want to prevent the intercompany invoice from being posted automatically because the buying entity needs to review the invoice before posting. What should you configure?
Select an answer first
39foundation · easy
In Dynamics 365 Finance, what is the primary purpose of a customer group?
Select an answer first

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Implement and Manage Accounts Receivable MB-310 Practice Questions (Page 8)

Questions 36–39

In Dynamics 365 Finance, what does 'settle open transactions' do during customer payment processing?

A shipping fee needs to be automatically added to all sales orders for a specific customer. What should be configured?

In Dynamics 365 Finance, what is the primary purpose of a customer group?

Keep studying — Implement accounts receivable, credit, collections, and subscription billing