A company uses Dynamics 365 Finance. They are about to create a new fixed asset for a piece of machinery. The asset should be part of the 'Machinery' fixed asset group, which has Book A (financial) and Book B (tax) assigned. The company wants to ensure that the asset is automatically set up with the correct books and depreciation profiles. What should you do when creating the asset?

Use the 'Copy from group' function after creating the asset.

Select the 'Machinery' fixed asset group when creating the asset.

Manually assign Book A and Book B to the asset after creation.

Create a new fixed asset group for this specific asset and assign the books.

In Dynamics 365 Finance, when you map a fixed asset group to a book, what is the result?

Assets in that group are automatically assigned to the book

The book is deleted from the system

The group's posting profile is used for the book

The book's depreciation profile is applied to the group

A company uses Dynamics 365 Finance. They have two fixed asset groups: Office Equipment and Vehicles. They have three books: Book A (financial), Book B (tax), and Book C (insurance). They want Office Equipment to be tracked in Book A and Book B, but not Book C. Vehicles should be tracked in all three books. What should you configure?

Assign Book A and Book B to the Office Equipment group, and Book A, Book B, and Book C to the Vehicles group.

Use derived books to control which books are used for each group.

Create a separate fixed asset group for each book and assign assets accordingly.

Assign all three books to both groups and manually exclude Book C for Office Equipment assets.

In Dynamics 365 Finance, when a derived book is configured, what happens when a transaction is posted to the primary book?

The transaction is only posted to the primary book

The transaction is posted to the general ledger only

The transaction is automatically posted to the derived book

The transaction is reversed in the primary book

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 5Objective 1

Implement and Manage Fixed Assets MB-310 Practice Questions (Page 2)

Part of the Manage fixed assets 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 37 practice questions to prepare you well beyond it. (estimate)

37questions here

8free pages

9concepts

10–15%of the exam

Questions 6–10

6application · medium
A company uses Dynamics 365 Finance. They are about to create a new fixed asset for a piece of machinery. The asset should be part of the 'Machinery' fixed asset group, which has Book A (financial) and Book B (tax) assigned. The company wants to ensure that the asset is automatically set up with the correct books and depreciation profiles. What should you do when creating the asset?
Select an answer first
7foundation · easy
In Dynamics 365 Finance, when you map a fixed asset group to a book, what is the result?
Select an answer first
8foundation · easy
Which of the following is an example of a fixed asset attribute in Dynamics 365 Finance?
Select an answer first
9application · medium
A company uses Dynamics 365 Finance. They have two fixed asset groups: Office Equipment and Vehicles. They have three books: Book A (financial), Book B (tax), and Book C (insurance). They want Office Equipment to be tracked in Book A and Book B, but not Book C. Vehicles should be tracked in all three books. What should you configure?
Select an answer first
10foundation · easy
In Dynamics 365 Finance, when a derived book is configured, what happens when a transaction is posted to the primary book?
Select an answer first

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Implement and Manage Fixed Assets MB-310 Practice Questions (Page 2)

Questions 6–10

In Dynamics 365 Finance, when you map a fixed asset group to a book, what is the result?

Which of the following is an example of a fixed asset attribute in Dynamics 365 Finance?

In Dynamics 365 Finance, when a derived book is configured, what happens when a transaction is posted to the primary book?

Keep studying — Manage fixed assets