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Exam MB-310 topic 4 question 2 discussion

Actual exam question from Microsoft's MB-310
Question #: 2
Topic #: 4
[All MB-310 Questions]

You are configuring budgeting components in Dynamics 365 Finance.
You need to configure multiple budgets.
What are three budgeting options you can use? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

  • A. Cost management budget, including Production and Resource groups
  • B. Sales budget, including Campaigns and Events
  • C. Workforce budget, including Compensation groups and Positions
  • D. Project budget, including Items and Fees
  • E. Ledger budget, including Revenue and Expense types
Show Suggested Answer Hide Answer
Suggested Answer: CDE 🗳️

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riazahmad82
Highly Voted 3 years, 10 months ago
https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budgeting-overview
upvoted 5 times
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globeearth
Most Recent 5 days, 9 hours ago
Selected Answer: CDE
C. Workforce budget, including Compensation groups and Positions: It is supported, particularly through integration with Human Resources or budget planning features. D. Project budget, including Items and Fees: Project budgeting is a key feature for organizations using the Project Management and Accounting module. It allows budgeting for project-related costs, including items (e.g., materials) and fees (e.g., service charges), providing a comprehensive solution for project-based budgets. E. Ledger budget, including Revenue and Expense types: It enables organizations to create budgets for general ledger accounts, covering revenue and expense types, and is widely used for financial budgeting across legal entities.
upvoted 1 times
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Newb007
9 months ago
Workforce budgets – Workforce budgeting includes detailed budget cost component planning for positions, compensation groups, and so on. Fixed assets budgets – Based on fixed asset information, you can calculate planned depreciation and record other planned transactions that are related to fixed assets. Project budgets – In the projects module, you can create detailed project forecasts. The projects forecasts will include details about the planned hours, expenses, fees, and items. Demand forecasting – Based on historical transaction data, you can estimate future inventory demand and create demand forecasts.
upvoted 1 times
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sadiq_d365
3 years, 3 months ago
correct
upvoted 2 times
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