A company uses Dynamics 365 Finance. They have a primary book for financial reporting. They want to automatically generate transactions for a secondary book that uses a different depreciation profile. They also want to ensure that when they post a disposal for the primary book, the same disposal is automatically posted to the secondary book. What should you configure?

Create a posting profile that includes both books.

Use a batch job to copy transactions from the primary book to the secondary book.

Manually post the same transactions in both books.

Set up the secondary book as a derived book from the primary book.

A retail chain uses Dynamics 365 Finance. They have a tax book that uses straight-line depreciation over 5 years. For internal management reporting, they need a second book that uses the same depreciation method but with a 3-year life. They want to avoid manually entering depreciation transactions for the second book. What should you configure?

Set up the second book as a derived book from the tax book.

Create a new fixed asset group and assign the second book to that group.

Create a second book and manually post depreciation each period.

Use the same book for both tax and management reporting, but change the depreciation profile when needed.

Which of the following is an activity performed during fixed asset management in Dynamics 365 Finance?

Defining a depreciation profile

Posting a depreciation transaction

What is the purpose of setting up fixed asset books in Dynamics 365 Finance?

To track asset values according to different accounting standards

To store the physical location of assets

To define the general ledger accounts for asset transactions

To categorize assets for reporting purposes

In Dynamics 365 Finance, what is the primary purpose of creating fixed asset groups?

To categorize assets for management and reporting purposes

To automatically generate asset numbers for all new assets

To determine the general ledger accounts used for asset transactions

To define the depreciation profile for each individual asset

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 5Objective 1

Implement and Manage Fixed Assets MB-310 Practice Questions (Page 7)

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 31–35

31application · medium
A company uses Dynamics 365 Finance. They have a primary book for financial reporting. They want to automatically generate transactions for a secondary book that uses a different depreciation profile. They also want to ensure that when they post a disposal for the primary book, the same disposal is automatically posted to the secondary book. What should you configure?
Select an answer first
32application · medium
A retail chain uses Dynamics 365 Finance. They have a tax book that uses straight-line depreciation over 5 years. For internal management reporting, they need a second book that uses the same depreciation method but with a 3-year life. They want to avoid manually entering depreciation transactions for the second book. What should you configure?
Select an answer first
33foundation · easy
Which of the following is an activity performed during fixed asset management in Dynamics 365 Finance?
Select an answer first
34foundation · easy
What is the purpose of setting up fixed asset books in Dynamics 365 Finance?
Select an answer first
35foundation · easy
In Dynamics 365 Finance, what is the primary purpose of creating fixed asset groups?
Select an answer first

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Implement and Manage Fixed Assets MB-310 Practice Questions (Page 7)

Questions 31–35

Which of the following is an activity performed during fixed asset management in Dynamics 365 Finance?

What is the purpose of setting up fixed asset books in Dynamics 365 Finance?

In Dynamics 365 Finance, what is the primary purpose of creating fixed asset groups?

Keep studying — Manage fixed assets