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Exam MB-310 topic 19 question 1 discussion

Actual exam question from Microsoft's MB-310
Question #: 1
Topic #: 19
[All MB-310 Questions]

HOTSPOT -
You need to configure the fiscal year calendars for each legal entity.
How should you configure the fiscal year calendars? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

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Suggested Answer:
Box 1: JanDec -
Humongous Insurance is a US-based company and operates its fiscal year from January 1 to December 31.
Note: You must create three new fiscal calendars:
ג€¢ A fiscal calendar named FebJan that runs from Feb 1 to Jan 31.
ג€¢ A fiscal calendar named AprMar that runs from April 1 to March 31.
ג€¢ A fiscal calendar named JanDec that runs from January 1 to December 31.

Box 2: FebJan -
The Humongous subsidiary will operate in China, which requires a fiscal year from February 1 to January 31.

Box 3: AprMar -
Trey Research is a Canadian-based company that operates its fiscal year from April 1 to March 31.

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globeearth
2 days, 3 hours ago
1 (Humongous Insurance): A. JanDec : Humongous Insurance is a US-based company and operates its fiscal year from January 1 to December 31. 2 (Humongous Insurance subsidiary): B. FebJan : The Humongous Insurance subsidiary operates in China and requires a fiscal year from February 1 to January 31. 3 (Trey Research): C. AprMar : Trey Research is a Canadian-based company that operates its fiscal year from April 1 to March 31.
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