Exam MB-310 topic 1 question 47 discussion

First answer is wrong. It should be Select Exchange rate type, then select the Reporting Currency exchange rate type. This option is not visible in screenshot but in D365 Main Account form, the option is there.

Answer is correct. If the main account is marked for revaluation, enter the Exchange rate type. This exchange rate type will be used for revaluing the main account. A separate field, Financial reporting exchange rate type, is available for financial reporting. The two fields are not kept in sync, allowing for different exchange rate types to be used for revaluation and financial reporting. https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/foreign-currency-revaluation-general-ledger#prepare-to-run-foreign-currency-revaluation

"Financial Reporting Exchange Rate" is down blow under the tab of "Financial Reporting" on the Chart of Account page. so answer is correct.

Documentation clearly references "Financial reporting exchange rate type". https://learn.microsoft.com/en-us/dynamics365/finance/general-ledger/foreign-currency-revaluation-general-ledger#prepare-to-run-foreign-currency-revaluation The field in D365 is clearly labelled "Reporting currency exchange rate type". The Microsoft documentation doesn't align with the application regarding the field name. In this case currency is spelled incorrectly in the top option so I will pick the bottom option

https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/foreign-currency-revaluation-general-ledger#prepare-to-run-foreign-currency-revaluation If the main account is marked for revaluation, enter the Exchange rate type. This exchange rate type will be used for revaluing the main account. A separate field, Financial reporting exchange rate type, is available for financial reporting. The two fields are not kept in sync, allowing for different exchange rate types to be used for revaluation and financial reporting. Each accounting entry will post to the unrealized gain or loss and the main account being revalued.

in first part second is correct

second and first

Correct answer for #1 should be: Set foreign currency revaluation to "Yes", then select "Exchange Rate Type", then Select "Reporting Currency Exchange Rate Type"

part 1, second is correct

Seems correct

Select Financial currency exchange rate type is correct. You can check under 'Prepare to run foreign currency revaluation' https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/foreign-currency-revaluation-general-ledger#prepare-to-run-foreign-currency-revaluation