MB-310 Manage Fixed Assets Practice Question
When migrating fixed assets into Dynamics 365 Finance, which method ensures that the net book value is correctly stated without triggering an incorrect depreciation calculation for prior periods?
⚠ Common exam trap
Candidates commonly try to migrate fixed assets using standard general ledger journals or a single acquisition entry, which distorts accumulated depreciation and leads to incorrect forward depreciation.
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
✓
Use the Initial acquisition and Accumulated depreciation journals.
To migrate assets, you should use the 'Initial Acquisition' and 'Accumulated Depreciation' posting types in the fixed asset journal. By posting these values directly, you establish the asset's starting cost and history as of the migration date. This approach allows the system to recognize the correct net book value while avoiding the creation of 'phantom' depreciation entries for the time the asset existed before migration.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Post as a normal acquisition transaction.
Why it's wrong here
Posting a normal acquisition transaction would treat the asset as newly purchased on the migration date. This would trigger the system to calculate full depreciation from that date forward, ignoring the existing history and resulting in an incorrect net book value and depreciation schedule.
- ✓
Use the Initial acquisition and Accumulated depreciation journals.
Why this is correct
These specific posting types are designed for migration. They allow you to set the cost and the historical depreciation already taken, resulting in the correct current net book value. This ensures the system does not attempt to 're-depreciate' the asset for the years it was previously owned.
- ✗
Manually update the net book value field.
Why it's wrong here
The net book value field is a calculated field based on the cost minus accumulated depreciation. It cannot be edited directly. Changes must be made through financial journals to ensure the general ledger stays in balance and the subledger history is correctly recorded.
- ✗
Import assets as expenses.
Why it's wrong here
Importing assets as expenses is fundamentally incorrect for capital assets. Expenses impact the profit and loss statement immediately, whereas assets should be capitalized on the balance sheet. This approach would violate accounting principles and fail to create the necessary depreciation schedules for future periods.
About these practice questions
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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.