Exam MB-310 topic 2 question 34 discussion

Actual exam question from Microsoft's MB-310

Question #: 34
Topic #: 2

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A company manufactures and installs units for industrial manufacturing plans.

Revenue for the units recognized based on a median price when the unit install. A three-year warranty is sold with each unit. Revenue for the warranty is recognized equally in each year the warranty covers.

You need to configure and process revenue recognition.

Which parameter should you configure? To answer select he appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

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Suggested Answer:

by chuechie at June 24, 2023, 12:16 p.m.

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globeearth

1 month, 4 weeks ago

1 Exclude from Carve-out: Configure the unit item in the revenue recognition setup to be marked as “Exclude from carve-out.” This ensures the median price used for revenue recognition at installation is not adjusted beyond the configured percentage during reallocation (e.g., when allocating revenue between the unit and warranty). 2 Revenue price: Validate the revenue price for the unit (median price) and warranty in the revenue recognition schedule or sales order lines. For the unit, ensure the revenue price matches the median price recognized at installation. For the warranty, confirm the revenue price is divided equally over three years (e.g., in the revenue schedule).

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[Removed]

1 year ago

https://learn.microsoft.com/en-us/dynamics365/business-central/finance-allocate-revenue-costs

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python123

1 year ago

This is for business central, not F&O

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chuechie

1 year, 6 months ago

Exclude from Carve-out and Allocation amount

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