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Exam MB-310 topic 1 question 111 discussion

Actual exam question from Microsoft's MB-310
Question #: 111
Topic #: 1
[All MB-310 Questions]

You have implemented Dynamics 365 Finance.

You must update the fiscal year to a 4-4-5 quarterly configuration.

You need to configure the fiscal year.

What should you do?

  • A. Set up the length of the period to 1 year and divide the period according to the quarterly configuration.
  • B. Configure the period length to 12 months and adjust the ending date of each period.
  • C. Configure the period length to 1 year and adjust the ending date of each period.
  • D. Set up the length of the period to 13 months.
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Suggested Answer: A 🗳️

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Milliongiz
5 months, 3 weeks ago
To configure the fiscal year in Dynamics 365 Finance to a 4-4-5 quarterly configuration, you need to set up the periods so that they reflect the correct structure of the fiscal year. The 4-4-5 configuration means that each quarter is divided into three periods: the first two periods are 4 weeks long, and the third period is 5 weeks long. The correct approach involves setting up the fiscal year with 13 periods, each representing one of these weeks-based periods. Therefore, the correct answer is: D. Set up the length of the period to 13 months. Here's why: Set up the length of the period to 13 months: In a 4-4-5 accounting calendar, each fiscal year is divided into 13 periods. This setup allows you to structure your financial periods to reflect the 4-4-5 weeks within each quarter. Each period would correspond to either a 4-week or a 5-week interval, ensuring accurate reporting and period closure based on the 4-4-5 structure.
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Rayhan83
8 months, 3 weeks ago
Selected Answer: A
Its correct = A https://ellipsesolutions.com/setup-new-fiscal-year-calendar-4-4-5-5-4-4-periods-microsoft-dynamics-ax-2012/
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globeearth
2 weeks, 3 days ago
Agreed
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esinsahan
1 year, 1 month ago
I think A is correct. We can adjust the quarters in the fiscal calendar.
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Newb007
1 year, 3 months ago
this is B right?
upvoted 1 times
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