MB-310 Manage Fixed Assets Practice Question
A company is setting up a new fixed asset and wants to record the acquisition cost, but the asset will not be placed in service until a later date. The accountant needs to record the acquisition now and begin depreciating when the asset is placed in service. Which field on the fixed asset value model should be configured to control when depreciation starts?
⚠ Common exam trap
The trap here is assuming that the acquisition date drives depreciation start, when the depreciation starting date field is the actual control for when depreciation begins.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Depreciation starting date
The depreciation starting date on the value model controls when depreciation begins. By setting it to the future in-service date, the acquisition can be recorded now while depreciation starts later. Other fields such as acquisition date, depreciation period, and service life affect reporting, calendar alignment, and duration, but not the start of depreciation.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
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Acquisition date
Why it's wrong here
The acquisition date records when the asset was acquired for reporting and transaction purposes, but it does not control when depreciation starts. Depreciation start is governed by the depreciation starting date or the depreciation convention. Changing the acquisition date would not delay depreciation and could misstate the acquisition period.
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Service life
Why it's wrong here
The service life field defines the total number of periods over which the asset is depreciated, such as 5 years or 60 months. It does not control when depreciation begins. Changing the service life would alter the depreciation schedule length but would not delay the start of depreciation to a future in-service date.
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Depreciation period
Why it's wrong here
The depreciation period determines whether the useful life and depreciation periods follow the fiscal calendar or the calendar year. It does not set the start date for depreciation. Configuring this field would not delay depreciation until the asset is placed in service, so it does not meet the requirement.
- ✓
Depreciation starting date
Why this is correct
The depreciation starting date field on the value model specifies the date from which depreciation is calculated. By setting this to the future in-service date, you can record the acquisition now and delay depreciation until that date. This directly controls when depreciation begins, fulfilling the requirement to start depreciating when the asset is placed in service.
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Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed September 2026 · checked against the official Microsoft exam blueprint
This MB-310 practice question is part of Courseiva's free Microsoft certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the MB-310 exam.