Microsoft MB-310 Q&A - in .pdf

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  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
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NEW QUESTION: 1
Which of the following is the MOST important objective of a post-incident review?
A. Capture lessons learned and improve incident response processes
B. Identify a new management strategy
C. Develop a process for containment and continue improvement efforts
D. Identify new technologies and strategies to remediate
Answer: A

NEW QUESTION: 2
Jenna Stuart is a financial analyst for Deuce Hardware Company, a U.S. company that reports its results in
U.S. dollars. Wayward Distributing, Inc., is a foreign subsidiary of Deuce Hardware, which began operations on January 1,2007. Wayward is located in a foreign country and reports its results in the local currency called the Rho. Selected balance sheet information for Wayward is shown in the following table.

Stuart has been asked to analyze how the reported financial results of Wayward will be affected by the choice of the all-current or temporal methods of accounting for foreign operations. She has gathered the following exchange rate information on the $/Rho exchange rate:
* Spot rate on 1/01/08: $0.35 per Rho
* Spot rate on 12/31/08: $0.45 per Rho
* Average spot rate during 2008: $0.42 per Rho
Will total asset turnover (calculated using end-of-period balance sheet figures) likely be larger when calculated from the Rho financial statements or the financial statements translated into the reporting currency (US$) using the all-current method?
A. Larger on Rho statements.
B. No difference.
C. Larger on US$ statements.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If the Rho is appreciating, mixed ratios like return on assets and total asset turnover (using end-of-pcriod balance sheet figures) calculated from the local currency statements will be larger than the same ratios calculated from the reporting currency statements that were translated using the all-current method. For example, under the all-current method net income will be translated at the lower average rate ($0.42) and assets will be rramlared at the higher ending rate ($0.45). Therefore the original return on assets (ner income divided by total assets) from the Rho statements will be higher than the ratio after it is translated into the reporting currency. (Study Session 6, LOS 23.d,e)

NEW QUESTION: 3
Which statement about EoMPLS and VPLS is true?
A. VPLS supports only partially meshed and hub-and-spoke topologies.
B. VPLS emulates a point-to-multipoint IPsec VPN over MPLS.
C. EoMPLS is based on the Pseudowire Reference Model.
D. EoMPLS does not provide point-to-point connections.
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4
Which of the following is true of a strategic alliance?
A. It involves only B2B selling.
B. The firms involved do not engage in equity partnerships.
C. It involves investing in the partner firm.
D. It enables a partner firm to use the brand image of another.
E. It involves sharing financial burdens.
Answer: B

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