Free MB-310 sample questions

Correct answer: Enable credit management, configure risk scoring groups with different criteria per region, create automatic credit limit rules, set up blocking rules for overdue invoices, and design a credit limit adjustment workflow.

This is the most comprehensive solution. Enabling credit management provides the core framework. Configuring risk scoring and automatic credit limits addresses the need for automated, data-driven credit policies. Blocking rules directly satisfy the requirement for automatic holds based on overdue invoices. Finally, the credit limit adjustment workflow provides the necessary control and approval process for exceptions.

Correct answer: Create an automatic charge code for freight and configure a policy in the Vendor invoice automation parameters to automatically add this charge to the invoice header.

This is the correct approach. By defining an automatic charge code for freight and linking it via a policy, the system can identify the freight amount on the OCR'd invoice and apply it as a valid charge, allowing the rest of the invoice to proceed with matching. This directly addresses the issue of a non-PO line item.

Correct answers: Calculate the item prices within the new standard cost costing version.; Activate the calculated item prices in the costing version.; Post an inventory revaluation journal to adjust on-hand inventory value to the new standard cost.

Correct answer: Configure a billing schedule attached to a sales order and associate it with a revenue deferral template set to recognize over 36 periods.

This is the correct method. The billing schedule handles the invoicing (in this case, a single upfront invoice), while the revenue deferral template is specifically designed to take the total amount, post it to a deferred revenue account, and then automatically generate the monthly journal entries to recognize the revenue over the specified term.

Correct answer: The main accounts for intercompany payables and receivables from the subsidiary legal entities have not been mapped to the corresponding main accounts in the consolidation company.

When subsidiaries use different charts of accounts, a critical prerequisite for both consolidation and elimination is mapping their main accounts to the consolidation company's chart of accounts. Without this mapping, the system cannot identify the corresponding intercompany balances to eliminate. This is the most fundamental reason for failure in this specific scenario. graph TD subgraph Subsidiary_A A_AP[AP Account: 2100-INT] A_AR[AR Account: 1200-INT] end subgraph Subsidiary_B B_AP[AP Account: 2550-IC] B_AR[AR Account: 1150-IC] end subgraph Consolidation_Company C_AP[Consol AP: 20010] C_AR[Consol AR: 10020] end A_AP -->|Map| C_AP A_AR -->|Map| C_AR B_AP -->|Map| C_AP B_AR -->|Map| C_AR C_AP -- Elimination --> C_AR

Correct answer: Create a new Line matching policy, set 'Match product receipts' to Three-way matching, and define a Price tolerance percentage of 5.

This is the correct and most direct configuration. A Line matching policy is where these rules are defined. Setting 'Match product receipts' to Three-way matching enforces the quantity check against the product receipt. Defining the Price tolerance percentage within the same policy enforces the 5% limit against the purchase order price.

Correct answer: True

This is true. The purpose of derived books is to automate transaction posting based on the transactions of a primary book. If a derived book has the 'Acquisition' transaction type enabled, posting an acquisition on the primary book will automatically generate the corresponding transaction on the derived book.

Correct answer: The 'Interest code' field is not set on the Customer posting profile associated with the 'Domestic Wholesale' customer group.

The system determines whether to calculate interest and which interest code to use based on the setup of the customer's posting profile. If the Interest code is blank on the posting profile used by the 'Domestic Wholesale' customers, the system will skip them during the interest calculation process. Since it's working for other groups, this points to a profile-specific issue.

Correct answer: The per diem rate for the location 'Germany' is configured with a fixed amount in USD instead of being linked to the EUR currency.

Per diem rates are location-based. The system uses the location selected on the expense report line to determine the rate and currency. If the rate for the Germany location was incorrectly set up with a USD amount instead of an EUR amount, the system would apply the wrong currency, regardless of the exchange rates or employee's home legal entity.

Correct answer: In the account structure, make the 'Department' dimension optional, then create an advanced rule where if MainAccount is between '600000' and '699999', then add the 'Department' dimension and make it mandatory.

This is the designed purpose of advanced rules. They allow for conditional logic within a single account structure. By making the dimension optional in the main structure, it is available but not required. The advanced rule then applies a filter (the expense account range) and imposes a stricter requirement (making the Department dimension mandatory) only when the condition is met. This avoids the complexity of managing multiple account structures.