MB-310 Practice Question: Implement and Manage Accounts Payable and Expenses
A company wants to charge a $15 wire transfer fee each time a vendor is paid by wire. The fee should be automatically added to the payment journal line when the wire payment method is used. What should you configure?
⚠ Common exam trap
It's easy for candidates to confuse vendor miscellaneous charges, which apply to invoices, with payment fees, which apply to payment transactions and are tied to payment methods.
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
✓
A vendor payment fee in the Payment fee setup, linked to the wire payment method and the vendor's bank account.
Payment fees in Dynamics 365 Finance are configured in the Payment fee setup, where you define the fee amount or percentage and associate it with a payment method, such as wire transfer. When a payment journal line uses that method, the fee is automatically calculated and added, ensuring consistent charging without manual intervention.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
A bank transaction type of 'Fee' on the vendor's bank account.
Why it's wrong here
Bank transaction types classify bank statement transactions and do not automatically add fees to payment journal lines. The requirement is to add a fee when a wire payment method is used, which is handled by payment fee setup rather than by a bank transaction type on the vendor bank account.
- ✓
A vendor payment fee in the Payment fee setup, linked to the wire payment method and the vendor's bank account.
Why this is correct
This is correct because payment fees are configured in the Payment fee setup, where a fee can be associated with a specific payment method such as wire transfer. When the payment journal is generated using that method, the fee is automatically added to the journal line.
- ✗
A miscellaneous charge on the vendor record under the Invoice tab.
Why it's wrong here
Miscellaneous charges on the vendor record apply to vendor invoices and purchase documents, not to payment transactions. The scenario requires the fee to be added during payment processing based on the payment method, which miscellaneous charges on the vendor record do not accomplish.
- ✗
A ledger accrual account for wire fees with a periodic journal entry.
Why it's wrong here
A periodic journal entry would not automatically add the fee to each wire payment journal line; it would require manual calculation and posting. The scenario calls for automatic addition based on the payment method, which is achieved through payment fee setup, not through a recurring ledger accrual.
About these practice questions
Courseiva writes every MB-310 question from scratch — 211 in total, each with an explanation and a wrong-answer breakdown. None are copied from real exams or dumps. Learn why practice questions differ from exam dumps →
JA
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.