Microsoft Dynamics 365 Finance Functional Consultant : MB-310

MB-310 real exams

Exam Code: MB-310

Exam Name: Microsoft Dynamics 365 Finance Functional Consultant

Updated: Sep 20, 2026

Q & A: 349 Questions and Answers

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Microsoft MB-310 Exam Overview:

Certification Vendor:Microsoft
Exam Name:Microsoft Dynamics 365 Finance Functional Consultant
Exam Number:MB-310
Certificate Validity Period:Valid indefinitely; requires annual renewal via free online assessment
Available Languages:Japanese, English
Related Certifications:Microsoft Certified: Dynamics 365 Functional Consultant Associate
Microsoft Certified: Dynamics 365 Finance and Operations Apps Solution Architect Expert
Exam Price:$165 USD
Passing Score:700 out of 1000
Exam Format:Multiple choice, Scenario-based questions, Interactive items
Real Exam Qty:40–60
Exam Duration:100 minutes
Recommended Training:Microsoft Learn Learning Paths
Official Instructor-Led Course
Exam Registration:Microsoft Learn Registration
Pearson VUE Scheduling
Sample Questions:Free Download real MB-310 VCE file
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended experience with accounting principles and Dynamics 365 Finance
Official Syllabus URL:https://learn.microsoft.com/en-us/credentials/certifications/resources/study-guides/mb-310

Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Manage fixed assets10–15%- Manage asset leasing and valuation
- Perform fixed asset reporting and inquiries
- Configure fixed assets parameters and groups
- Acquire, depreciate, and dispose of fixed assets
Topic 2: Implement and manage accounts payable and expenses10–15%- Manage vendors and vendor transactions
- Process invoices, payments, and prepayments
- Configure expense management and travel workflows
- Configure accounts payable parameters and profiles
  • 1. Set up vendor groups and posting profiles
  • 2. Define invoice matching and validation policies
Topic 3: Implement accounts receivable, credit, collections, and subscription billing15–20%- Manage customers and customer transactions
- Set up collections processes and workflows
- Configure accounts receivable parameters and profiles
  • 1. Define payment terms and methods
  • 2. Set up customer groups and posting profiles
- Configure credit management and limits
- Implement subscription billing and revenue recognition
Topic 4: Manage budgeting10–15%- Perform budget forecasting and analysis
- Allocate and control budgets
- Create and revise budget plans
- Configure budgeting parameters and dimensions
Topic 5: Implement financial management40–45%- Design and configure chart of accounts
  • 1. Configure main accounts and categories
  • 2. Set up ledger account aliases and control accounts
- Configure fiscal calendars and periods
- Configure financial dimensions
  • 1. Define dimension structures and rules
  • 2. Set up dimension security and default values
- Manage general ledger journals and transactions
- Configure financial reporting and inquiries
- Implement financial closing processes
- Manage currencies and exchange rates
  • 1. Configure currency types and exchange rate providers
  • 2. Process foreign currency revaluation
Topic 6: Manage cash, bank, tax, and cost accounting- Implement cost accounting and cost management
- Set up tax calculation and reporting
- Configure bank management and reconciliation
- Configure consolidation and elimination processes

Everything to Know About the Microsoft Dynamics 365 Finance Functional Consultant Exam

The MB-310 exam is the official assessment for the Microsoft Dynamics 365 Finance Functional Consultant certification offered by Microsoft. It checks whether you can apply the knowledge areas in the exam objectives to practical situations, and passing it earns a credential that employers across the industry recognize. For professionals who feel stuck in their current role, it is often the most concrete next step available.

No mandatory prerequisites; recommended experience with accounting principles and Dynamics 365 Finance

The official outline for the MB-310 exam highlights these domains:

  • Implement financial management (40–45%)
  • Manage cash, bank, tax, and cost accounting ()
  • Implement and manage accounts payable and expenses (10–15%)

Weighting your study time toward the heavier domains first is a sensible strategy, and the Microsoft Dynamics 365 Finance Functional Consultant practice questions at RealVCE follow the same objective structure.

Microsoft recommends the following training resources for MB-310 exam candidates:

Pairing official courses with timed practice sessions tends to work well, since one builds knowledge and the other builds exam-day rhythm.

The MB-310 exam gives you 100 minutes minutes to answer 40–60 questions. That pace leaves little room for hesitation, which is why rehearsing under a timer — for example with the online test engine at RealVCE, where you can set the session length just like the real test — is such a useful habit.

The online test engine is exclusive to RealVCE and runs on any electronic device — phone, tablet, or computer — with no installation barriers. It recreates the atmosphere of the real MB-310 exam: you set the test time the way it will be on exam day, work through the Microsoft Dynamics 365 Finance Functional Consultant practice questions under that pressure, and at the end the engine marks the questions you got wrong and reminds you to practice them again next time. Over a few sessions, that loop turns weak areas into reliable ones.

To pass the MB-310 exam you need a score of 700 out of 1000, and the registration fee is $165 USD. Since each attempt costs the full fee, arriving over-prepared is cheaper than arriving under-prepared — timed mock sessions and repeated review of missed questions are the usual ways candidates close that gap.

Registration for the MB-310 exam is handled through the official channels below:

Once your practice scores look consistent, booking a date gives your preparation a firm deadline to work toward.

Right after payment you get instant access to the MB-310 exam product — 349 practice questions for the Microsoft Dynamics 365 Finance Functional Consultant exam with expert-verified answers — and the download link is also emailed to you automatically, typically within a minute. Your purchase includes 365 days of free updates; our team checks for exam changes daily, and when a new version is released the system sends it straight to your mailbox. A 50% renewal discount applies if you extend updates beyond the first year, and payment by Credit Card is handled through a secure checkout.

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions:

Question #1

You are a controller in an organization. You are identifying cost drivers to see how changes in business activities affect the bottom line of your organization. You need to assess cost object performance to analyze actual versus budgeted cost and how resources are consumed.
You need to demonstrate your understanding of cost accounting terminology.
Which component maps to the cost accounting terminology?
To answer, drag the appropriate component to the correct cost accounting terminology. Each source may be used once. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Reveal Solution  Discussion  0

Correct Answer:


Explanation:

Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/terms-cost-accounting

Question #2

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen.
You manage a Dynamics 365 Finance implementation.
You must provide the budget versus actual reporting in near real time.
You need to configure the ledger budgets and forecasts workspace to track expenses over budget and revenue under budget Solution: Select organization hierarchy from the Configure my workspace form. Set an expense budget threshold percent.
Does the solution meet the goal?

  • A. Yes
  • B. No
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
A client has one legal entity, two departments, and two divisions. The client is implementing Dynamics 365 Finance. The departments and divisions are set up as financial dimensions.
The client has the following requirements:
* Only expense accounts require dimensions posted with the transactions.
* Users must not have the option to select dimensions for a balance sheet account.
You need to configure the ledger to show applicable financial dimensions based on the main account selected in journal entry.
Solution: Configure one account structure for expense accounts and apply advanced rules.
Does the solution meet the goal?

  • A. Yes
  • B. No
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).

Question #4

A company has implemented Dynamics 365 Finance.
The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance.
You need to configure the system to remit tax payments.
What should you do?

  • A. Associate the vendor record to the tax authority.
  • B. Set up the jurisdiction and associate the jurisdiction to the tax authority
  • C. Associate the vendor record to The settlement period.
  • D. Set up a customer record for the tax authority.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

You are the controller of a multi-entity organization that uses the same chart of accounts and fiscal periods across all entities. You use the financial report designer in Dynamics 365 Finance to create, maintain, deploy, and view financial statements.
You need to generate consolidated financial statements by using a building block group to aggregate data across companies and financial dimensions.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

  • A. Create a reporting tree that includes a reporting node for each company.
  • B. Create a column definition and use the period and year to map the appropriate periods for each company.
  • C. Use the Reporting Unit field to select the tree and reporting unit for each column.
  • D. Create a column definition that includes a financial dimension column for each company.
  • E. Create a row definition that includes all appropriate accounts in all companies in the rows.
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

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