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Exam MB-310 topic 2 question 39 discussion

Actual exam question from Microsoft's MB-310
Question #: 39
Topic #: 2
[All MB-310 Questions]

A company plans to allocate revenue across occurrences by using recognition basis.

Which recognition basis can you use?

  • A. Actual start date
  • B. Mid-month split
  • C. First of month
  • D. Monthly by dates
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Suggested Answer: D 🗳️

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Suzemagooze
1 year, 4 months ago
Selected Answer: D
Actual start date is a recognition convention not a recognition basis. Monthly by days is the only one that's actually a recognition basis.
upvoted 3 times
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vbiz
1 year, 6 months ago
Selected Answer: D
According to explanation at the link: https://learn.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-setup , I think D is the correct answer
upvoted 1 times
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vbiz
1 year, 6 months ago
According to explanation at the link: https://learn.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-setup , I think D is the correct answer
upvoted 1 times
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chuechie
1 year, 10 months ago
Answer is correct Recognition basis – The recognition basis determines how the revenue price is allocated across the occurrences. Monthly by days – The amount is allocated based on the actual days in each calendar month. Monthly – The amount is allocated equally across the number of months that is defined in the occurrences. Occurrences – The amount is allocated equally across the occurrences, but it can include an extra period if you select Actual start date as the recognition convention. Fiscal period by days – The amount is allocated based on the actual days in each fiscal period. The results of Monthly by days and Fiscal period by days will be the same when the fiscal periods follow calendar months. The only exception is when the recognition convention is set to End of month/period, and the Contract start date and End date fields are left blank on a sales order line.
upvoted 2 times
ssly80
9 months, 3 weeks ago
as per your explanation 'Actual start date' is stated in the text for Occurrences – The amount is allocated equally across the occurrences, but it can include an extra period if you select Actual start date as the recognition convention.
upvoted 1 times
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huynq185
1 year, 10 months ago
D is correct answer https://learn.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-setup
upvoted 3 times
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Bisera
2 years, 1 month ago
D is correct answer
upvoted 4 times
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