Microsoft Exam MB-310 Topic 8 Question 53 Discussion

Actual exam question for Microsoft's MB-310 exam

Question #: 53
Topic #: 8

You are a functional consultant for Contoso Entertainment System USA (USMF).

You need to apply a constant currency exchange rate to calculate the reporting currency value of fixed assets.

To complete this task, sign in to the Dynamics 365 portal.

AExplanation:
The currency Translation Type needs to be set to Current. This option uses the last rate on or before the period specified in the report regardless of what the exchange rate was at the time of purchase for each asset.
Navigate toGeneral Ledger > Chart of Accounts > Accounts > Main Accounts.
Select the Financial Reporting account.
In the Reporting currency exchange rate type, select Current from the drop-down list.
Click Save to save the changes.

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Suggested Answer: A

by Joanna at May 05, 2022, 06:43 PM

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