What is the purpose of bank foreign currency revaluation in Dynamics 365 Finance?

To generate payment files in foreign currency

To adjust the value of bank account balances to reflect current exchange rates

To reconcile bank statements in foreign currency

To convert bank accounts to a different currency

Which of the following is a typical use of a bank group in Dynamics 365 Finance?

To define the default payment journal for each bank account

To control user access to bank account transactions

To group bank accounts by bank name or internal division for reporting

To store the bank's routing number for electronic funds transfers

What is the purpose of cash flow forecasts in Dynamics 365 Finance?

To predict future cash positions and manage liquidity

To generate payment files for banks

To record actual cash transactions

A company has a customer who is also a vendor. They want to offset the customer's receivable against the vendor's payable to reduce the number of payments. What should the administrator configure?

Set up a netting agreement between the customer and vendor.

Use the bank reconciliation to net the balances.

Create a payment journal to transfer the balances.

Create a new bank account to handle the netting.

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 1Objective 4

Implement and Manage Cash and Bank MB-310 Practice Questions (Page 1)

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 43 practice questions to prepare you well beyond it. (estimate)

43questions here

9free pages

13concepts

35–40%of the exam

13 Concepts in This Objective

Bank Groups Creation
Bank Accounts Management
Payment Formats Configuration
Basic Bank Reconciliation Setup
Advanced Bank Reconciliation Configuration
Cash Flow Forecast Setup
Cash Flow Automation Setup
Bank Foreign Currency Revaluation
Manual Bank Reconciliation Processing
Advanced Bank Reconciliation Processing
Shared Payment Setup Configuration
Customer and Vendor Netting Configuration
Customer and Vendor Netting Processing

Questions 1–5

1foundation · easy
What is the purpose of bank foreign currency revaluation in Dynamics 365 Finance?
Select an answer first
2foundation · easy
Which of the following is a typical use of a bank group in Dynamics 365 Finance?
Select an answer first
3foundation · easy
In Dynamics 365 Finance, which page is used to create and maintain bank account details?
Select an answer first
4foundation · easy
What is the purpose of cash flow forecasts in Dynamics 365 Finance?
Select an answer first
5application · medium
A company has a customer who is also a vendor. They want to offset the customer's receivable against the vendor's payable to reduce the number of payments. What should the administrator configure?
Select an answer first

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