- Exam Code: MB-310
- Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
- Updated: Oct 11, 2026
- Q & A: 364 Questions and Answers
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Microsoft MB-310 Exam Reference
The Microsoft MB-310: Microsoft Dynamics 365 Finance exam is one of the major requirements for earning the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification. It is developed for the functional consultants who are involved in examining the business requirements and interpreting those elements into the business processes that can be fully realized.
The target audience for this test is those individuals who have the fundamental knowledge of financial operations and accounting principles of business, field service, and customer service, and who are able to apply the chain management and retail concepts. The candidates need to have a thorough understanding of the basic accounting practices.
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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| Section | Objectives |
|---|---|
| Topic 1: Manage accounts payable and receivable | - Accounts receivable processes
|
| Topic 2: Configure and manage tax | - Tax setup and configuration
|
| Topic 3: Manage fixed assets | - Fixed asset lifecycle
|
| Topic 4: Manage cash and bank | - Bank account setup
|
| Topic 5: Configure and use financial management | - Financial reporting
|
A client is implementing fixed assets in Dynamics 365 Finance.
You need to specify which parameters should be configured to meet the business requirements.
Which parameters meet the requirements? To answer, drag the appropriate parameters to the correct requirements. Each parameter may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Correct Answer:

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/tasks/set-up-fixed-asset-posting-profiles
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/set-up-fixed-assets
You need to configure revenue recognition to meet the requirements.
Which configuration should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than not at all. You may need to drag the split bar between panes or scroll to view content NOTE: Each correct selection is worth one point
Correct Answer:

Explanation:
A client wants Dynamics 365 Finance to calculate sales tax on a sales order line once an item is added. The sales tax group is already populated with a value.
You need to ensure that the sales tax will calculate.
Which field should you populate?
Correct Answer: A 🗳️
Explanation: Only visible for Exam4Tests members. You can sign-up / login (it's free).
A company implemented Dynamics 365 Finance less than The following business rules must be implemented to
* Operations must be allowed to exceed budge
* Marketing must receive warnings when the)
* Sales must not exceed its budget.
* All departments must have a calculation in in place to determine what they can spend.
* Budget funds do not need to be recorded in the general ledger.
You need to configure budget controls.
Which configuration option should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one points.
Correct Answer:

Explanation:
You need to configure the financial reporting fiscal calendar for Customer.
What should you do?
Correct Answer: A 🗳️
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