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Exam MB-310 topic 4 question 4 discussion

Actual exam question from Microsoft's MB-310
Question #: 4
Topic #: 4
[All MB-310 Questions]

A client is using the budget planning process in Dynamics 365 Finance.
Your client requires the ability to plan for a one-year, three-year, and five year-budget.
You need to configure the various year length options to be used in the budgeting module.
What should you do?

  • A. Configure budget control
  • B. Configure budget codes
  • C. Configure budget cycles
  • D. Configure budget allocation terms
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Suggested Answer: C 🗳️

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Joeman
Highly Voted 4 years ago
C. Configure budget cycles
upvoted 29 times
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Toorsie
Highly Voted 4 years ago
Budget cycle related to start and end dates?
upvoted 8 times
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globeearth
Most Recent 1 week ago
Selected Answer: C
, to enable a client to plan for budgets with different time spans (e.g., one-year, three-year, and five-year budgets) in the budget planning process, you need to configure budget cycles. Budget cycles define the time periods for which budgets are planned, allowing the system to support budgets of varying durations.
upvoted 1 times
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vbiz
6 months, 1 week ago
Selected Answer: C
C - Budget cycles
upvoted 2 times
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AliK1i
1 year, 6 months ago
Selected Answer: C
C correct
upvoted 3 times
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AsiaF
1 year, 11 months ago
Selected Answer: C
C is correct
upvoted 4 times
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Solo_1
2 years, 3 months ago
Budget Cycles
upvoted 3 times
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pcm_stj
2 years, 3 months ago
Selected Answer: C
C. A budget cycle allows you to define the time span for that budget control.
upvoted 3 times
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denilson16
2 years, 3 months ago
Selected Answer: C
C is correct.
upvoted 3 times
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BBBM
2 years, 4 months ago
Selected Answer: C
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-control-overview-configuration Budget cycle time span After basic budgeting is configured, you can define the time, or the starting and ending periods, for budgeting and budget control on the Budget cycle time span page. Budget cycles often correspond to fiscal calendars but can span fiscal years.
upvoted 2 times
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mandebvu
2 years, 9 months ago
Budget Cycle is correct . Budget code doesnt have anything relating to periods
upvoted 3 times
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sadiq_d365
3 years, 3 months ago
C seems correct
upvoted 3 times
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manass
3 years, 7 months ago
My guess Budget control is the correct: Budget control can have multiple budget cycle and each cycle span for specific period
upvoted 3 times
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Antomap
3 years, 10 months ago
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-control-overview-configuration
upvoted 1 times
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Cecos
3 years, 10 months ago
C. Is correct
upvoted 3 times
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Richard_G
3 years, 11 months ago
Budget planning processes – Budget planning processes determine how budget plans can be updated, routed, reviewed, and approved in the budgeting organization hierarchy. A budget planning process is linked to a budget cycle and an organization through a legal entity.
upvoted 1 times
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C (25%)
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