Implement and Manage Fixed Assets MB-310 Practice Questions (Page 6)

Questions 26–30

1. 26foundation · easy

   Which of the following is an example of a depreciation profile in Dynamics 365 Finance?

   • ABook
   • BStraight line
   • CFixed asset group
   • DPosting profile
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2. 27foundation · easy

   What is the purpose of configuring derived books in Dynamics 365 Finance?

   • ATo define the general ledger accounts for asset transactions
   • BTo automatically calculate alternative depreciation values
   • CTo create fixed asset groups for reporting
   • DTo store the asset's physical location
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4. 28application · medium

   A company has multiple fixed asset groups (e.g., Office Equipment, Vehicles) and multiple books (e.g., Corporate, Tax). They want to ensure that assets in the Vehicles group are only tracked in the Corporate book, while Office Equipment is tracked in both Corporate and Tax. What should you configure?

   • AUse derived books to automatically add the Tax book to all groups.
   • BAssign all books to all groups and then deactivate the Tax book for Vehicles.
   • CAssign the Corporate book to all groups and the Tax book only to the Office Equipment group.
   • DCreate separate fixed asset groups for each book combination.
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5. 29expert · medium

   A company uses Dynamics 365 Finance. They want to track a custom attribute for fixed assets, such as 'Leased' (Yes/No). They need to be able to filter and report on this attribute. They also want to ensure that the attribute is required when creating a new asset. What should you do?

   • AUse the fixed asset group to indicate whether assets are leased.
   • BUse the notes field to record the leased status.
   • CCreate a custom field on the fixed asset table and make it mandatory.
   • DUse the standard 'Leased' field on the fixed asset record.
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6. 30application · medium

   A company uses Dynamics 365 Finance. They have a fixed asset book for financial reporting and another for tax. When they post an acquisition for an asset, they want the acquisition amount to be posted to different main accounts depending on the book. For the financial book, the acquisition should post to account 1500 (Fixed Assets). For the tax book, it should post to account 1510 (Tax Fixed Assets). What should you configure?

   • AAssign the main account directly on the fixed asset record.
   • BUse a derived book to automatically post to the tax account.
   • CCreate a single posting profile and use the same main account for both books.
   • DCreate two posting profiles, one for each book, and assign the appropriate main accounts for the Acquisition transaction type.
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