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Exam MB-310 topic 4 question 31 discussion

Actual exam question from Microsoft's MB-310
Question #: 31
Topic #: 4
[All MB-310 Questions]

You configure the basic budgeting functionality of Dynamics 365 Finance. You add budget values and actuals in the system.

You need to compare the budget values with the actual values.

Which three actions should you perform?

Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

  • A. Compare customer and vendor balances and budget register entries that are posted in the system.
  • B. Review budget and actual amounts that are spread across fiscal periods.
  • C. Generate a report on the differences between the actual fixed assets amounts and the preliminary budgeted amounts in the system.
  • D. Review general ledger transactions that are included in the calculated actuals amounts.
  • E. Drill through the details of the budget amount in budget register entries posted in the system.
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Suggested Answer: BCD 🗳️

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globeearth
3 days, 10 hours ago
Selected Answer: BDE
Why not the other options? A. Compare customer and vendor balances and budget register entries that are posted in the system: Customer and vendor balances (from accounts receivable and accounts payable) are not directly related to basic budgeting functionality, which focuses on comparing budgeted amounts (from budget register entries) with actual amounts (from general ledger transactions). This action is irrelevant to the requirement. C. Generate a report on the differences between the actual fixed assets amounts and the preliminary budgeted amounts in the system: While fixed asset amounts may be part of the budget, the requirement is about comparing budget values with actual values in general, not specifically for fixed assets or preliminary budgeted amounts.
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