Microsoft MB-340 Exam Practice Questions (P. 5)

You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.
The company has a main office and eight branch offices. Three more branch offices are currently under construction.
You need to ensure that advertising expenses are balanced across the eight branch offices. The advertising costs will be balanced across all eleven branch offices when the three new offices are complete.
Which option should you select in the ledger allocation configuration?

You work as a Finance Manager for a public sector company. The company uses Microsoft Dynamics 365 Finance.
You need to configure fund types.
Which three of the following fund types fall under the Governmental Funds fund class? (Choose three)

You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system.
You need to configure a journal to use for vendor invoices.
You need to determine which journal type to use to post vendor invoices that have been approved to the appropriate ledger accounts.
Which journal type should you use?

You work as a Financial Consultant. You have been hired by a company to manage the Microsoft Dynamics Finance 365 system. The company consists of two legal entities.
You need to configure account structures.
Which two of the following statements are true?

Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.
The Finance Manager asks you to create a custom financial report. You plan to use Report Designer to configure the report.
You need to identify the report components and their purposes.
Which component defines the descriptive lines (for example, salaries or sales) on a report?