What is the purpose of periodic journals in Dynamics 365 Finance?

To import transactions from external systems

To post transactions immediately

To create recurring financial transactions

What is the purpose of posting restriction rules in Dynamics 365 Finance?

To determine the posting date range

To limit who can post specific journals

To restrict the accounts that can be used in a journal

To control the number of journal lines

A company wants to streamline the posting of high-volume journal entries by allowing accountants to enter data in Excel and then post directly. The accountants need to see validation errors before posting. What should you configure?

Use the 'Open lines in Excel' feature and enable the 'Validate' option in the Excel add-in.

Use the 'Export to Excel' feature to create a static copy and then post from Excel.

Configure the journal name to automatically validate on posting and use Excel only for data entry.

Use the 'Import from Excel' function and then validate in the web client before posting.

A company has a journal name that is used for manual adjustments. The controller wants to ensure that no journal entry can be posted if the total debits do not equal total credits. You need to enforce this validation. What should you configure?

Set the 'Posting restriction' to 'User group' and only allow accountants to post.

Create a validation rule in the journal that checks the sum of debits and credits.

Enable the 'Check voucher is balanced' option on the journal name.

Use journal controls to require a financial dimension on each line.

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 1Objective 3

Implement and Manage Journals MB-310 Practice Questions (Page 4)

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

42questions here

9free pages

14concepts

35–40%of the exam

14 Concepts in This Objective

Journal Names Configuration
Voucher Configuration
Journal Controls Setup
Posting Restriction Rules
Periodic Journals Configuration
Periodic Journals Processing
Intercompany Accounting Configuration
Excel Journal Templates Creation
Excel Journal Templates Modification
Transaction Reversal
Manual Journal Entry Creation
Excel Journal Entry Posting
Journal Entry Validation
Batch Processing Configuration

Questions 16–20

16foundation · easy
What is the purpose of periodic journals in Dynamics 365 Finance?
Select an answer first
17foundation · easy
What is the purpose of posting restriction rules in Dynamics 365 Finance?
Select an answer first
18application · medium
A company wants to streamline the posting of high-volume journal entries by allowing accountants to enter data in Excel and then post directly. The accountants need to see validation errors before posting. What should you configure?
Select an answer first
19foundation · easy
What is the first step to manually create a journal entry in Dynamics 365 Finance?
Select an answer first
20application · medium
A company has a journal name that is used for manual adjustments. The controller wants to ensure that no journal entry can be posted if the total debits do not equal total credits. You need to enforce this validation. What should you configure?
Select an answer first

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