exam questions

Exam MB-310 All Questions

View all questions & answers for the MB-310 exam

Exam MB-310 topic 5 question 30 discussion

Actual exam question from Microsoft's MB-310
Question #: 30
Topic #: 5
[All MB-310 Questions]

A company uses Microsoft Dynamics 365 Finance to manage fixed assets.

The company uses laptops for three years and then sells the laptops externally.

You need to process laptop sales.

What should you do?

  • A. Create a fixed asset disposal journal.
  • B. Use a free text invoice to record the sale.
  • C. Create a sales order for the sale of the asset.
  • D. Use an inventory movement journal to record the disposal.
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
globeearth
1 month, 2 weeks ago
Selected Answer: B
Fixed Asset Disposal Journal: Suitable for cash-based or direct-payment sales, staying within the Fixed Assets module. Less ideal for external customer sales requiring invoicing, as it lacks Accounts Receivable integration. Valid but not recommended by Microsoft Free Text Invoice: Ideal for selling fixed assets to external customers, as it generates an invoice, integrates with Accounts Receivable, and processes the disposal in the Fixed Assets module. Recommended by Microsoft Learn and best aligns with your scenario of selling laptops externally.
upvoted 1 times
...
b35ea31
12 months ago
Selected Answer: B
https://exploredynamics365.home.blog/2021/04/05/fixed-asset-disposal-sale-scrap-in-microsoft-dynamics-365-finance-and-operations/
upvoted 1 times
...
NatKae
1 year ago
Selected Answer: B
B is correct. you can use Free text invoice to sell fixed asset to customer. "The main account value on the free text invoice line comes from the fixed assets posting profile for Disposal - sale." https://learn.microsoft.com/en-us/training/modules/fixed-asset-deprecation-disposal-finance/sell-asset
upvoted 2 times
...
Milliongiz
1 year ago
A is the correct answer A fixed asset disposal journal is specifically designed for recording the disposal of fixed assets. When you sell laptops (or any other fixed assets), you need to record the sale and removal of the asset from your asset register. This journal allows you to: - Record the disposal of the asset. - Remove the asset from the fixed asset register. - Recognize any gain or loss on the sale of the asset based on the sales price and the net book value of the asset.
upvoted 1 times
...
Warlock1
1 year, 2 months ago
Selected Answer: A
Create a fixed asset disposal journal - This is used to record the disposal of a fixed asset, including its sale. It allows you to update the fixed asset ledger and recognize any gain or loss on the sale Creating a free text invoice (B) could be used to bill the customer for the sale, but it does not specifically handle the fixed asset disposal process. Creating a sales order (C) is typically for selling inventory items, not fixed assets. An inventory movement journal (D) is used for inventory adjustments and does not apply to fixed asset transactions. Therefore, the correct action to take is A, creating a fixed asset disposal journal.
upvoted 1 times
...
Daniel73847
1 year, 5 months ago
Selected Answer: A
https://learn.microsoft.com/en-us/dynamics365/finance/fixed-assets/dispose-of-a-fixed-asset-as-scrap
upvoted 1 times
...
Eventura
1 year, 10 months ago
Selected Answer: B
Answer B is correct to sale a fixed asset.
upvoted 2 times
...
chuechie
1 year, 11 months ago
Correct answer is A
upvoted 1 times
python123
1 year, 5 months ago
A is correct answer
upvoted 2 times
...
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...