MB-330 Flashcards

1
Q

Your company uses a Dynamics 365 Supply Chain Management system.

They make use of trade agreements for certain clients that should allow for prices to round to the nearest US dollar. When the clients complain that the prices are not rounding as agreed upon, you access the Trade agreement journals to rectify the problem.

Which of the following actions should you take?

A. You should make use of the Adjustment option.
B. You should make use of the Price for quantity option.
C. You should make use of the Price for customer group or exact customer option.
D. You should make use of the Apply smart rounding option.

A

Answer: D

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2
Q

Your company uses Dynamics 365 Supply Chain Management.

After creating a number of item costing versions and defining costs related to all new and current items, you observe that the activation date for the items has not changed.

You want to make sure that the activation dates for the items are changed to the current date.

Which of the following actions should you take?

A. You should make sure that the item cost record status is set to Active.
B. You should make sure that the item cost record status is set to Inactive.
C. You should make sure that the item cost record status is set to Pending.
D. You should make sure that the item cost record status is set to Complete.

A

Answer: A

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3
Q

Your company recently implemented a Dynamics 365 Supply Chain Management system.

You are currently configuring costing methods for items in inventory. You need to make use of a method normally used for items that have a limited shelf life.

Which of the following is the costing method you should use?

A. Standard
B. FIFO
C. Average
D. Specific

A

Answer: B

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4
Q

During testing of your company’s new implementation of the Dynamics 365 Supply Chain Management procurement module, you notice that, when an item is received, transactions aren’t posted to the product receipt journal.

You need to resolve this issue.

Which of the following actions should you take on the Item model group setup form?

A. You should consider un-checking the Include physical value checkbox.
B. You should consider checking the Include physical value checkbox.
C. You should consider un-checking the Accrue liability on product receipt checkbox.
D. You should consider checking the Accrue liability on product receipt checkbox.

A

Answer: D

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5
Q

A manufacturing establishment makes use of a Dynamics 365 Supply Chain Management system.

To accelerate setup, they use bill of materials (BOM) templates.

Which of the following is TRUE with regards to template BOMs? (Choose all that apply.)

A. You can only apply a single template BOM to a service object.
B. You can apply many template BOMs to a service object.
C. You can modify or delete lines in a BOM template regardless of whether the template has been associated to a service object, or not.
D. You can modify or delete lines in a BOM template as long as the template has not been associated to a service object.

A

Answer: A, D

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6
Q

You need to consider the underlined segment to establish whether it is accurate.

Inventory adjustment journals allow for adding cost to an item when you add inventory, and then automatically posts the additional cost to be a specific general ledger account.

A. No adjustment required.
B. Tag counting
C. Movement
D. Transfer

A

Answer: A

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7
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You are tasked with amending inventory. Additionally, the existing item posting configuration must be overridden.
You make use of the inventory adjustment journal. Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: B

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8
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You are tasked with amending inventory. Additionally, the existing item posting configuration must be overridden.

You make use of the counting journal.

Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: B

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9
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You are tasked with amending inventory. Additionally, the existing item posting configuration must be overridden.

You make use of the movement journal. Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: A

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10
Q

Your company uses Dynamics 365 Supply Chain Management to manage its warehouse. Users report that the inventory for several items in the warehouse is inaccurate.
You are required to ensure that users in the warehouse can verify and rectify the on-hand inventory.

Which of the following actions should you take?

A. You should implement the production input journal type.
B. You should implement the movement journal type.
C. You should implement the counting journal type.
D. You should implement the item arrival journal type.

A

Answer: C

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11
Q

Your company makes use of a Dynamics 365 Supply Chain Management system for inventory.

Warehouse inventory that can be sold to clients is assigned an inventory status of available. The ware house also includes inventory that have been damaged for various reasons, and should be prevented from being sold to clients.

You need to configure the necessary inventory parameter for the available, and damaged inventory.

Which of the following options should you configure? (Choose two.).

A. You should set the inventory that can be sold to Unavailable Blocked.
B. You should set the inventory that can be sold to Available Unblocked.
C. You should set the inventory that can be sold to Damaged Blocked.
D. You should set the inventory that can be sold to Damaged Unblocked.

A

Answer: B, C

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12
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

After implementing warehouse locations, you are tasked with configuring location directives for inventory movement.

You need to make use of a location directive that allows for the identification of similar items in the warehouse.

Which of the following is the strategy you should use?

A. Match packing quantity
B. Location aging FIFO
C. Location aging LIFO
D. Consolidate

A

Answer: D

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13
Q

You need to consider the underlined segment to establish whether it is accurate.

A quarantine order that a status of Started, means that the item is not yet in the quarantine warehouse.

A. No adjustment required.
B. Created
C. Reported as finished
D. Ended

A

Answer: B

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14
Q

A corporation has two subsidiary businesses, set up as separate legal entities. The one business will be purchasing a new item from the other, and has negotiated for a discount for the first six months of the deal.
You are required to make sure that system will apply the discount for the time stipulated. Which of the following is the type of agreement you should configure?

A. Sale Agreement.
B. Service Agreement.
C. Purchase Agreement.
D. Trade Agreement.

A

Answer: D

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15
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You are in the process of configuring royalty agreement. You are currently identifying the royalty agreement ledger accounts.

Which two of the following ledger accounts should be identified?

A. Accounts receivable
B. Accrual
C. Inventory
D. Expense

A

Answer: B, D

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16
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You are in the process of configuring royalty agreement. You need to make sure that royalty claim is generated every time a sales order is fulfilled.

Which two of the following is the option you should choose for the Cumulate sales by field?

A. Invoice
B. Fulfilled
C. Active
D. Shipped

A

Answer: A

17
Q

Your company manages sales projections via Dynamics 365 Sales.

You are creating a customer record for a new customer in Dynamics 365 Supply Chain Management.

You have to make use of a current quote to generate a sales order. You are preparing to define the customer, and create the sales order.

Which of the following is a combination of the actions you should take?

A. You should create Customer from Lead, and confirm the quote.
B. You should convert Lead to Customer, and confirm the sales order.
C. You should create Customer from Lead, and confirm the sales order.
D. You should convert Lead to Customer, and confirm the quote.

A

Answer: A

18
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You have been tasked with making sure that when intercompany payable journals are posted, intercompany sales order payments process properly.

You select the Allow summary update of documents for original customer option in the intercompany trade parameters for sales order policies.

Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: B

19
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You have been tasked with making sure that when intercompany payable journals are posted, intercompany sales order payments process properly.

You select the Post journal automatically option in the intercompany trade parameters for sales order policies.

Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: A

20
Q

Your company makes use of a Dynamics 365 Supply Chain Management system.

You are responsible for configuring purchasing policies and administering purchasing processes.

You have noticed that users submit requisitions with inaccurate data on a regular basis. Furthermore, users are choosing vendors that have not been approved or inappropriate categories.

You plan to configure a procurement policy that restricts the procurement categories and vendors that is allowed to be chosen.

Which of the following is TRUE with regards to the policy rules that should be included in the procurement policy?

A. You should include both a category access policy rule and a category policy rule.
B. You should include both a catalog policy rule and a category policy rule.
C. You should include a category policy rule ONLY.
D. You should include a category access policy rule ONLY.

A

Answer: A

21
Q

You work for a shipping concern that make use of a Dynamics 365 Supply Chain Management system.

The business makes use of quite a few freight transporters. The cost of the freight is determined by the distance travelled between the source and the destination.

Which two of the following transportation management engines should you include?

A.	Freight bill type
B.	Mileage
C.	Zone
D.	Rate
E.	Transit time engine
A

Answer: B, D

22
Q

You company makes use of Dynamics 365 Supply Chain Management. The company uses a third party courier to deliver items to customers.

The company are the following requirements:

  • Use Dynamics 365 Supply Chain Management to manage its shipping manifests.
  • Enable a multiple-level manifest procedure in Dynamics 365 Supply Chain Management.

You are required to identify the prerequisites for a multiple-level manifest procedure. Which two of the following should you identify?

NOTE: Each correct answer is worth one point.

A. All container groups must be manifested before the shipment is manifested
B. All shipments must be manifested before the container groups are manifested
C. All containers must be manifested before container groups are manifested.
D. All container groups must be manifested before containers are manifested.

A

Answer: A, C

23
Q

You work for a distribution warehouse that makes use of a Dynamics 365 Supply Chain Management system.

After taking in a sizable quantity of stock that has a limited shelf life, you are required to distribute the stock to retail outlets at the earliest opportunity.

You plan to make use of Buyer’s push.

Which of the following is the option you should take?

A. You should generate a sales order.
B. You should generate transfer orders.
C. You should generate service agreements.
D. You should generate trade agreements.

A

Answer: B

24
Q

You have been tasked with making use of Dynamics 365 Supply Chain Management to implementing warehousing for a client. The client will have several warehouses in the region.

You intend to create a template of the first warehouse and use that template to create the other warehouses

After configuring and approving the first warehouse, which of the following actions should you take?

A. You should make use of a wave template.
B. You should make use of a warehouse work template.
C. You should make use of a warehouse configuration template.
D. You should make use of a work template.

A

Answer: C

25
Q

You have been tasked with configuring inventory cycle counting for a client that makes use of Dynamics 365 Supply Chain Management.

You need to make of a cycle counting method that allows a worker to count items in a warehouse location at any time, without creating cycle counting work.

Which of the following is the option you should use?
A.	User directed
B.	Cycle count grouping
C.	System directed
D.	Spot cycle counting
A

Answer: D

26
Q

You make use of planning optimization in Dynamics 365 Supply Chain Management, with automatic firming enabled.

As a result of certain planned purchase orders not firming according to plan, inventory planners have to process planned purchase orders manually.

You want to make sure that the planned purchase orders are incorporated in automatic firming.

You access the Records to include FastTab. Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: B

27
Q

You make use of planning optimization in Dynamics 365 Supply Chain Management, with automatic firming enabled.

As a result of certain planned purchase orders not firming according to plan, inventory planners have to process planned purchase orders manually.

You want to make sure that the planned purchase orders are incorporated in automatic firming.

You configure the Automatic firming time fence (days). Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: A

28
Q

You make use of planning optimization in Dynamics 365 Supply Chain Management, with automatic firming enabled.

As a result of certain planned purchase orders not firming according to plan, inventory planners have to process planned purchase orders manually.

You want to make sure that the planned purchase orders are incorporated in automatic firming.

You configure the Lead Time.

Does the action achieve your objective?

A. Yes, it does
B. No, it does not

A

Answer: A

29
Q

You are making use of planning optimization in Dynamics 365 Supply Chain Management.

When a planning optimization job, which is configured with the wrong runtime filters, is accidentally triggered from the user interface, you are tasked with fixing the problem.

Which of the following actions should you take?

A. You should access the plan history to cancel the job.
B. You should access the dialog box to cancel the job.
C. You should access the plan history to rectify runtime filters.
D. You should access the dialog box to rectify runtime filters.

A

Answer: A

30
Q

You work for a distribution company that makes use of a Dynamics 365 Supply Chain Management system.

In an effort to improve the consistency of forecasting data, you plan to employ demand forecasting.

You have to make sure that your strategy allows for planned orders to be created automatically in the master planning process according to the need or end date.

Which of the following actions should you take?

A. You should push data into the staging table.
B. You should make use of safety stock calculations.
C. You should generate a statistical baseline forecast.
D. You should make use of demand forecast details.

A

Answer: C

31
Q

You work for a distribution company that makes use of a Dynamics 365 Supply Chain Management system.

You are responsible for planning. You want to make use of a planning engine that allows for orders to be firmed automatically according to the order date.

Which of the following is the option you would use?

A. Capacity planning
B. Production planning
C. Planning Optimization
D. Master planning

A

Answer: C