MB-310 Manage Fixed Assets Practice Question
Which TWO of the following are valid methods to acquire a fixed asset in Dynamics 365 Finance?
⚠ Common exam trap
Candidates often select inventory journals or free text invoices as valid acquisition methods, overlooking that fixed assets require specific acquisition paths like purchase orders or fixed asset journals.
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
✓
Purchase order
Fixed assets can be acquired through either a purchase order (integrated with procurement) or a direct journal entry in the Fixed Assets module. Both methods ensure that the asset cost is properly captured, the fixed asset record is updated, and the general ledger is impacted according to the configured posting profiles. These methods provide flexibility for different organizational procurement processes, ranging from centralized purchasing to direct internal adjustments.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Purchase order
Why this is correct
Using a purchase order allows for full integration between procurement and fixed assets. When the invoice is posted, the system automatically creates the fixed asset acquisition entry, ensuring that procurement processes and financial asset tracking remain synchronized throughout the organization.
- ✓
Fixed asset journal
Why this is correct
The fixed asset journal is the primary method for recording asset acquisitions that do not originate from a purchase order. It provides direct control over the posting to the asset's cost account and allows for precise specification of the acquisition date and financial details.
- ✗
General ledger journal
Why it's wrong here
Using a standard general ledger journal will not update the fixed asset subledger properly. While it affects the general ledger accounts, it fails to associate the cost with a specific asset record, breaking the link between the financial statement and the asset master data.
- ✗
Bank reconciliation
Why it's wrong here
Bank reconciliation is used to match bank statements with internal cash records. It has no functionality or integration with the fixed asset module and cannot be used to acquire assets. Attempting to use this for asset acquisition would be a critical failure of financial process design.
- ✗
Inventory adjustment
Why it's wrong here
Inventory adjustments are for managing stock levels and valuation, not fixed assets. While some inventory items might be converted to assets, they are not acquired through an inventory adjustment journal; they must be processed as an asset acquisition through the Fixed Assets module.
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Last reviewed September 2026 · checked against the official Microsoft exam blueprint
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