exam questions

Exam MB-310 All Questions

View all questions & answers for the MB-310 exam

Exam MB-310 topic 5 question 3 discussion

Actual exam question from Microsoft's MB-310
Question #: 3
Topic #: 5
[All MB-310 Questions]

An organization acquires a building.
You need to register and record the building as an asset building in Dynamics 365 Finance.
What are three possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

  • A. Select an account type of Fixed Asset and a transaction type of Acquisition with a General Journal
  • B. Eliminate the project to a fixed asset
  • C. Create a sales invoice to record and register the fixed asset
  • D. Select an acquisition transaction type within a fixed asset journal
  • E. Use the sales order process to acquire the asset
Show Suggested Answer Hide Answer
Suggested Answer: ABD 🗳️

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
bbp
Highly Voted 4 years, 5 months ago
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/enter-fixed-asset-transactions
upvoted 7 times
...
globeearth
Most Recent 2 days, 10 hours ago
Selected Answer: ABD
A. : you can use a General Journal to record the acquisition of a fixed asset, such as a building. By selecting the account type as "Fixed Asset" and the transaction type as "Acquisition," you can create a journal entry that registers the fixed asset and records its acquisition cost in the fixed asset module B. : If the building acquisition is initially tracked as part of a project (e.g., for construction or acquisition costs), you can use the "Eliminate" function in the Project management and accounting module to transfer the project costs to a fixed asset. D. : Using a Fixed Asset Journal, you can directly register and record the acquisition of a building by selecting the "Acquisition" transaction type.
upvoted 1 times
...
2e90838
5 months, 1 week ago
ABD is correct
upvoted 1 times
...
JRadar
2 years, 2 months ago
Bad choices as no where in the questions does it say the company was building the asset- just said acquired which typically means purchased.
upvoted 3 times
...
sadiq_d365
3 years, 9 months ago
correct
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 ...
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago