A company has a bank account in a foreign currency. At month-end, they run foreign currency revaluation. However, the revaluation does not seem to affect the cash flow forecast. The finance team expects the forecast to reflect the revalued balance. What should the administrator do?

Disable and re-enable the cash flow forecast.

Manually adjust the cash flow forecast entries.

Verify that the cash flow forecast includes the bank account and that the revaluation is posted to a liquidity account.

Run the revaluation again with a different exchange rate.

A company uses basic bank reconciliation. During the monthly reconciliation, the user notices that a check issued to a vendor has cleared the bank but is not appearing in the list of transactions to reconcile. What should the user do first?

Reconfigure the bank account to use advanced reconciliation.

Create a new bank statement line and manually match it.

Verify that the check payment was posted and not voided.

Run the foreign currency revaluation to update the balance.

What is the outcome of processing a customer and vendor netting transaction in Dynamics 365 Finance?

The general ledger is not affected

The receivable and payable balances are offset, and a net amount is settled

The customer and vendor records are merged into one

The bank account balance is automatically updated

In Dynamics 365 Finance, what is a prerequisite for setting up customer and vendor netting?

The customer and vendor must use different currencies

The bank account must be in a foreign currency

The payment format must be SEPA

The same party must be set up as both a customer and a vendor

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 1Objective 4

Implement and Manage Cash and Bank MB-310 Practice Questions (Page 8)

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 36–40

36expert · hard
A company has a bank account in a foreign currency. At month-end, they run foreign currency revaluation. However, the revaluation does not seem to affect the cash flow forecast. The finance team expects the forecast to reflect the revalued balance. What should the administrator do?
Select an answer first
37application · medium
A company uses basic bank reconciliation. During the monthly reconciliation, the user notices that a check issued to a vendor has cleared the bank but is not appearing in the list of transactions to reconcile. What should the user do first?
Select an answer first
38foundation · easy
Which feature in Dynamics 365 Finance allows cash flow forecasts to be updated automatically?
Select an answer first
39foundation · easy
What is the outcome of processing a customer and vendor netting transaction in Dynamics 365 Finance?
Select an answer first
40foundation · easy
In Dynamics 365 Finance, what is a prerequisite for setting up customer and vendor netting?
Select an answer first

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