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Exam MB-310 topic 1 question 55 discussion

Actual exam question from Microsoft's MB-310
Question #: 55
Topic #: 1
[All MB-310 Questions]

HOTSPOT -
You are setting up main accounts in Dynamics 365 Finance.
You need to configure the main accounts to meet the requirements.
Which options should you use? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

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Suggested Answer:
by CA_VB at Nov. 28, 2020, 10:40 p.m.

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Chosen Answer:
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CA_VB
Highly Voted 1 year, 11 months ago
Correct answer for the last question is "Main Account Category" as it is mentioned as user defined.
upvoted 27 times
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Pir
Highly Voted 1 year, 10 months ago
Last answer is wrong, user-defined categorization is not achieved by Account type but using Main account category.
upvoted 11 times
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ddboissard
Most Recent 4 months, 3 weeks ago
correct answer for the last question is "Main Account Category"
upvoted 3 times
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denilson16
9 months, 3 weeks ago
Correct answer for the last question is "Main Account Category" as it is mentioned as user defined.
upvoted 1 times
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ThangN
1 year, 5 months ago
the last questions correct is main account category
upvoted 2 times
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Elsa
1 year, 6 months ago
Agree with Pir 3.
upvoted 1 times
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sadiq_d365
1 year, 9 months ago
Correct answer for the last question is "Main Account Category" as it is mentioned as user defined.
upvoted 3 times
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Pir
1 year, 10 months ago
Third answer is wrong also, it should be Ledger allocation rules, instead of Allocation terms.
upvoted 6 times
mklentek
1 year, 8 months ago
The third is correct. https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/main-account-allocation-terms "In addition, you define the destination main account and financial dimensions where the amount will be allocated." Allocation terms allow you to distribute by dimension. Correct me if I'm wrong but Ledger All. rules doesn't offer that. The link sathvika provided about ledger all. rules only mentions dimensions of offset entries to balance the destination
upvoted 3 times
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sathvika
1 year, 10 months ago
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/ledger-allocation-rules
upvoted 1 times
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ganda
1 year, 10 months ago
there's no reference docs/links to this..can you please send?
upvoted 2 times
sathvika
1 year, 10 months ago
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/ledger-allocation-rules
upvoted 1 times
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DDV
1 year, 10 months ago
For the last Q, the answer is Main account category for reporting purposes.
upvoted 2 times
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