Exam MB-310 topic 5 question 13 discussion

Actual exam question from Microsoft's MB-310

Question #: 13
Topic #: 5

A company uses Microsoft Dynamics 365 Finance. The company purchases, creates, and acquires fixed assets by using purchase orders.
The system must acquire the fixed asset when a vendor invoice is posted.
You need to process the transaction.
What should you do?

A. Select a procurement category in a purchase order line and leave the fixed asset group blank.
B. Manually create a fixed asset before the fixed asset number is added to the purchase order.
C. Leave the fixed asset number blank on the purchase order.
D. Run a fixed asset acquisition proposal before a fixed asset number can be added to a purchase order.

Show Suggested Answer

Suggested Answer: B 🗳️

by AliK1i at Oct. 19, 2022, 9:09 a.m.

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2e90838

1 year ago

It says company Creates, which means FA shell is created before acquired. So FA number is used in the PO for acquiring. Answer should be B

upvoted 2 times

globeearth

1 month, 2 weeks ago

Agreed

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lc23

1 year, 1 month ago

It says, company CREATES and acquires Fixed Assets via PO. So you must have the "Create asset during product receip or invoice posting" checkbox activated, and leave the fixed asset number blank on the purchase order. The fixed asset will create automatically with the receipt and then acquire with the invoice posting. So, im my opinion should be C

upvoted 2 times

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bernardas

2 years, 2 months ago

To my mind answer is A. "Once, I determine that this is not a computer, the correct Fixed asset group is automatically applied and will create a new fixed asset record. You can continue with your normal PO processing to eventually capitalize your fixed asset." This step is from the link provided in some question before https://www.loganconsulting.com/blog/fixed-asset-determination-rules-in-d365-for-finance-and-operations/

upvoted 1 times

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kripe86

2 years, 5 months ago

This can´t be b....

upvoted 1 times

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Aamir66

2 years, 5 months ago

It literally says, company CREATES and acquires Fixed Assets via PO, then how is the correct answer 'Manualy create a Fixed Asset'.. ?

upvoted 1 times

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AliK1i

2 years, 7 months ago

Selected Answer: B

https://learn.microsoft.com/en-us/dynamics365/finance/fixed-assets/acquire-assets-procurement

upvoted 4 times

ssly80

10 months, 3 weeks ago

I agree the answer is 'B'. It is MS having misleading statements. As the question says 'The system must acquire the fixed asset when a vendor invoice is posted' It does not say that the system creates the asset. it says 'The company purchases, creates', so to that could be a user.

upvoted 1 times

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python123

1 year, 5 months ago

according the link, it is B You manually create a fixed asset before you add the fixed asset number to the line on the purchase order or vendor invoice. An acquisition transaction automatically is posted for the asset when you post the vendor invoice. This is the default method.

upvoted 2 times

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