A company runs depreciation for all fixed assets at the end of the month. The controller notices that one asset's depreciation was not calculated because the asset was acquired after the depreciation run. What should you do to ensure the asset is depreciated for the current month?

Reclassify the asset to a different book.

Create a manual depreciation journal entry for the asset.

Wait until next month's depreciation run.

Run the depreciation proposal again for the specific asset.

When reclassifying a fixed asset in Dynamics 365 Finance, what is the primary effect on the asset's books?

The asset's depreciation is recalculated from the beginning

The asset's book is moved to the new fixed asset group

The asset's acquisition cost is reset to zero

The asset is transferred to a different legal entity

A company has multiple legal entities. One entity uses straight-line depreciation, and another uses declining balance. The corporate controller wants to run depreciation for both entities in a single batch job. What should you do?

Run the depreciation proposal separately for each entity because depreciation methods differ.

Change one entity's depreciation method to match the other.

Create a batch job that runs the depreciation proposal for both entities.

Use a consolidated company to run depreciation.

After creating fixed asset budgets for the upcoming year, the finance manager wants to include these budgets in the Budgeting module for variance analysis. What should you do?

Create budget register entries from the fixed asset budget.

Manually enter the budget amounts in the Budgeting module.

Post the fixed asset budget as an actual transaction.

Run the 'Transfer budget to Budgeting' process from the Fixed assets module.

Microsoft Certified:Dynamics 365 Finance Functional Consultant Associate

Domain 5Objective 2

Process Fixed Asset Transactions MB-310 Practice Questions (Page 4)

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

40questions here

8free pages

14concepts

10–15%of the exam

14 Concepts in This Objective

Fixed Asset Disposal via Free Text Invoices
Fixed Asset Acquisition via Purchase Orders
Fixed Asset Acquisition via Journals
Fixed Asset Acquisition via Inventory Journals
Fixed Asset Acquisition via Projects
Create Fixed Asset Budgets
Transfer Budgets to Budgeting Module
Process Fixed Asset Depreciation
Multi-Company Fixed Asset Depreciation
Process Fixed Asset Split
Process Fixed Asset Reclassification
Process Fixed Asset Transfer
Process Fixed Asset Disposals
Process Other Fixed Asset Transactions

Questions 16–20

16foundation · easy
In Dynamics 365 Finance, which transaction type in the Fixed assets journal is used to split a fixed asset into two or more assets?
Select an answer first
17application · medium
A company runs depreciation for all fixed assets at the end of the month. The controller notices that one asset's depreciation was not calculated because the asset was acquired after the depreciation run. What should you do to ensure the asset is depreciated for the current month?
Select an answer first
18foundation · easy
When reclassifying a fixed asset in Dynamics 365 Finance, what is the primary effect on the asset's books?
Select an answer first
19expert · hard
A company has multiple legal entities. One entity uses straight-line depreciation, and another uses declining balance. The corporate controller wants to run depreciation for both entities in a single batch job. What should you do?
Select an answer first
20application · medium
After creating fixed asset budgets for the upcoming year, the finance manager wants to include these budgets in the Budgeting module for variance analysis. What should you do?
Select an answer first

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