MB-310 Manage Budgeting Practice Question
You are setting up budget control for a new fiscal year in Microsoft Dynamics 365 Finance. The finance director wants to prevent any purchase order from exceeding the available budget for the MainAccount dimension. What should you do first?
⚠ Common exam trap
The trap here is jumping to budget control rules without first setting up the underlying budget model and codes, which are prerequisites.
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
✓
Define a budget model and budget codes for the fiscal year.
Budget models and budget codes are the foundation of budgeting in Dynamics 365 Finance. They define the budget types and the specific budgets that will be used for control. Once these are in place, you can create budget control rules that include the MainAccount dimension and configure the budget check to enforce the budget.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Enable budget control on the Purchase order journal name.
Why it's wrong here
This is incorrect because enabling budget control on a journal name is not the first step. You must first set up budget models and budget control rules. The journal name setting is used to specify which journal types are subject to budget control, but it comes after the basic configuration.
- ✗
Create a budget control rule that includes the MainAccount dimension and set the budget check to 'Enforce'.
Why it's wrong here
This is a necessary step, but it is not the first step. Before creating a budget control rule, you must define the budget model and budget codes that will be used, because the rule references those. Without a budget model, the rule cannot be configured.
- ✓
Define a budget model and budget codes for the fiscal year.
Why this is correct
This is correct because budget models and budget codes are the foundation for budget control. They define the budget types and the budgets that will be checked. Without them, you cannot create a budget control rule or perform budget checks. So this is the first step.
- ✗
Configure the budget control parameters to allow over-budget entries.
Why it's wrong here
This is wrong because allowing over-budget entries contradicts the requirement to prevent purchase orders from exceeding the budget. The budget control parameters should be set to enforce the budget, not to allow over-budget entries. Also, this is not the first step.
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.