Exam1

D

4 A company manufactures and sells speaker boxes. The speaker boxes can be silver or black with a basic or upgraded wiring harness assembly. The speaker box must be created in the item master so that the variables for colors and harness type can be assigned at order entry. You need to create a new item that supports multiple variables. What should you do? A. Create a new product. Select predefined variant as the configuration technology. B. Create a new product master. Select constraint-based configuration as the configuration technology. C. Create a new product. Select constraint-based configuration as the configuration technology. D. Create a new product master. Select predefined variant as the configuration technology.

C

A buyer places a purchase requisition for item C0001 from a new vendor. All purchases from a new vendor must go through an internal workflow approval process. You need to ensure that a purchase order (PO) is automatically created from the purchase requisition. Which setup must be in place? A. Status = approved, item = C0001, vendor populated on the PO B. Status = in review, item = C0001, vendor populated on the purchase requisition C. Status = approved, item = C0001, vendor populated on the purchase requisition D. Status = draft, item = C0001, vendor populated on the PO

Set up commission groups and rates Set up commission posting Assign a commission group to a produc

A company uses Dynamics 365 for Finance and Operations. You just implement commission groups to match commission rates to products. You need to configure commission tracking. Which three actions should you perform in sequence?

A

A client wants to use Dynamics 365 for Finance and Operations to assist processing trade. You need to ensure that intercompany sales order payments process correctly when intercompany payable journals are posted. What should you do? A. In the intercompany trade parameters for sales order policies, select Post journal automatically B. In the intercompany trade parameters for purchase order policies, select Post invoice automatically C. In the intercompany trade parameters for purchase order policies, select Post journal automatically D. In the intercompany trade parameters for sales order policies, select Allow summary update of documents for original customer

Site and warehouse New load, Select load, Rate shop, assign rate

A company creates loads to ship sales orders. Loads must be shipped by using the lowest freight rates possible. You need to use the load planning workbench to create a load for sales order shipments. Which configuration options should you use? To answer, select the appropriate options in the answer area

A

A company creates several item costing versions. All new and existing items have costs associated with them. After applying the costs, the company notices the activation date has not been updated. You need to update the items to the current date for activation. What should you do? A. Set the item cost record status to Active B. Set the from date to today and leave the item cost record status at Pending C. Set the item cost record status to Pending D. Set the cost price and date of price on the released product

A

A company employee is in charge of warehouse operations and controlling inventory adjustments through journals. The employee needs to add inventory for samples at a specific cost. The samples were shipped by a vendor without a purchase order. The employee needs to be sure that the inventory value goes to a ledger account so that the value of the samples is not mixed in with another inventory value. You need to ensure that the employee is able to correctly add the inventory. What should you do? A. Create a movement journal, add the cost, and specify the offset ledger account on the line. B. Create an adjustment journal, add the cost, and specify the offset ledger account on the line. C. Create an arrival journal, add the cost, and specify the offset ledger account on the line. D. Create a transfer journal, transfer to a different warehouse, and then adjust the cost

C

A company has items in inventory with two costing methods: FIFO and Standard. The company needs to calculate the cost of all items at month end and provide a total inventory value to the finance department. You need to determine the total value of inventory. Which costing method requires running the inventory close? A. FIFO and Standard Cost items B. FIFO items only C. LIFO, Moving Average, and Date Weighted Average items D. Standard Cost items only

A C

A company has revenue items that generate high, medium, or low revenue. You need to configure ABC classifications as follows: Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point A. Define highest, middle, and lowest ABC values as percentages B. Define highest, middle, and lowest ABC values as amounts C. Select ABC model of revenue D. Define internal interest in percentage E. Select ABC model of value

Select report 1099, enter tax id, and select tax type edit invoice lines, edit settlement, add manual 1099 transactions

A company has several vendors who require 1099s. You need to set up the vendors so that year-end reports can be correctly generated. What should you do? To answer, select the appropriate options in the answer area.

A D E

A company has several warehouse locations. The company acquires a new warehouse. You must design a new warehouse process workflow for the new warehouse. You need to configure the workflow. Which three features should you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. work pools B. cluster picking C. outbound wave processing D. work templates E. wave templates

All Group Group Revenue 10%

A company hires four sales representatives for a region named Midwest. You must configure commissions for the sales representatives in the Midwest region. The calculations must meet the following requirements: Calculate commissions for all items sold for customers at a rate of 10 percent of total revenue on a sales order. Apply commissions for all customers in the Midwest Customer group for commission. Split commissions equally between the representatives. You need to configure a commission calculation that meets these requirements.

D

A company is implementing sales order functionality in Dynamics 365 for Finance and Operations. The company has a business requirement to fulfill sales orders by using direct delivery. You need to enter a direct delivery sales order so that a purchase order is automatically created. What should you do after you enter the sales order and lines? A. Set the ship complete toggle to On and confirm the order on the sales order header. B. Select automatic and confirm the sales order on the line level setup tab in the reservation field. C. Change the customer's address to the vendor's direct delivery address and confirm the sales order . D. Select the direct delivery option under the sales order action pane and complete the form.

A

A company manufactures and sells speaker boxes. The speaker boxes can be silver or black with a basic or upgraded wiring harness assembly. The speaker box must be created in the item master so that the variables for colors and harness type can be assigned at order entry. You need to create a new item that supports multiple variables. What should you do? A. Create a new product master. Select predefined variant as the configuration technology. B. Create a new product. Select constraint-based configuration as the configuration technology. C. Create a new product. Select predefined variant as the configuration technology. D. Create a new product master. Select constraint-based configuration as the configuration technology.

Create attribute of type text Create an attribute associated with attribute type Assign attribute to retail category

A company manufactures wood furniture. Cabinets can be purchased with different wood finishes including oak and maple. You need to configure a product attribute to characterize the types of cabinet finishes. Which three actions should you perform in sequence?

Approved vendor, registed inv owner Consignment Owner

A company must set up replenishment of inventory using vendor-owned consignment inventory. You need to create the replenishment order. How should you complete the replenishment order? To answer, select the appropriate options in the answer area

D

A company needs to create new items that can be company owned or vendor owned. You need to create and set up the items so that they can be used as company owned or consignment A. Assign a non-stock service item model group B. Assign a moving average costing inventory model C. Activate batch dimension and assign a standard costing inventory model D. Activate owner dimension and assign a standard costing inventory model

A B D

A company operates a chain of retail coffee shops and a distribution center. Each coffee shop and the distribution center are distinct warehouses. Cups and lids are replenished from a single distribution center. You need to configure store replenishment for coffee cup lids. Which three actions should you perform? Each correct answer presents part of the solution. A. Set the coverage plan by dimension for warehouse on the Storage dimension group. B. Set the minimum item coverage to the safety stock quantity. Set the maximum to the maximum quantity of stock to reorder above the safety stock quantity. C. Set the minimum item coverage to the safety stock quantity. Set the maximum item coverage to 0. D. Create a coverage group assignment for the item. E. Set the minimum item coverage to 0. Set the maximum item coverage to the number of lids to keep on hand.

Select the menu item to process spot cycle counting work Register and confirm the item number and quantity Register the location to perform spot cycle counting

A company plans to implement Dynamics 365 for Finance and Operations mobile device connectivity. You need to perform a spot cycle count on the mobile device. Which three actions should you perform in sequence?

A. All container groups are manifested before the shipment is manifested

A company plans to implement Dynamics 365 for Finance and Operations shipping manifests. The company wants to use a multiple-level manifest process. You need to ensure that the system is configured for multiple-level manifest processing. What should you validate? A. All container groups are manifested before the shipment is manifested B. All containers are of the status open before the group is manifested C. The allow split picks configuration is enabled D. All container types are set up with all four attributes

Enable price details Create an invoice Process a royalty claim Create a royalty contract?

A company plans to use Dynamics 365 for Finance and Operations to automatically calculate and process royalties. You need to configure the system.

Location profile ID Location profile ID appointment rule appointment scheduling

A company plans to use warehouse management and dock appointment scheduling in Dynamics 365 for Finance and Operations. You need to configure the system. Which configuration options should you use?

Fixed quantity and enter total quantity Transfer order

A company sells a new product line. Buyers purchase a large shipment into the distribution center. The product must be divided among the retail stores equally. You need to configure buyer push functionality. Which configuration options should you use? To answer, select the appropriate options in the answer area. NOTE:

A C

A company uses Dynamics 365 for Finance and Operations and implements procurement categories. Purchase requisitions are required for the purchase of procurement category goods. You need to ensure that the company purchases office supplies only from one specific vendor. Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. Add the preferred vendor to the office supplies procurement category setup B. Create a preferred trade agreement for the office supplies vendor C. In purchasing policies, configure a specific category policy for office supplies D. In purchasing policies, create a Purchase requisition control rule E. Configure the purchase requisition workflow to specify the office supplies vendor

A B F

A company uses Dynamics 365 for Finance and Operations. A customer returns a product that is defective for a replacement. You need to process the return order. Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. Set the deadline date according to the company policy B. Set the delivery address to the company warehouse in the return order C. Create a return of type Credit Only D. Create a credit note for the replaced product E. Set the delivery address to the customer's address in the return order F. Create a return of type Physical Return G. Set the deadline date to the date the customer returns the defective product

Set up warehouse Set up wave template Set up warehouse parameters Set up production control paramter

A company uses the Dynamics 365 for Finance and Operations Warehouse management module. The company requires production waves to be processed in batch. You need to configure wave processing. In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

B

A company uses the warehouse mobile app for Dynamics 365 for Finance and Operations. You must create a menu item for reprinting license plate labels. Reprinting a license plate label must not create warehouse work. You need to configure the warehouse mobile app to add the new menu item. What should you do? A. Set the Activity code to None B. Set the Mode to Indirect C. Set the Mode to Work D. Set the Activity code to Cancel work

B

A company uses the warehouse mobile app for Dynamics 365 for Finance and Operations. You must create a menu item for reprinting license plate labels. Reprinting a license plate label must not create warehouse work. You need to configure the warehouse mobile app to add the new menu item. What should you do? A. Set the Mode to Work B. Set the Mode to Indirect C C. Set the Activity code to Cancel work D. Set the Activity code to None

D

A company uses trade agreements for their customers. Prices for some customers must round to the nearest US dollar. A customer reports that prices do not round to the nearest US dollar as required. You need to resolve the issue. In Trade agreement journals, which option should you use? A. Adjustment B. View smart rounding C. Validate all lines D. Apply smart rounding

Set up and verify procurement category associations to the vendor Create and configure a new external catalog Activate the catalog

A company wants to expand their purchasing power by enhancing their current procurement catalog in Dynamics 365 for Finance and Operations. The company wants to redirect to external websites to help build their purchase requisitions. You need to set up an external catalog. Which three actions should you perform in sequence?

Select the site and warehouse for item coverage select change planned order type change the planned order type to transfer specify the main warehouse

A manufacturing company is setting up a new warehouse. The warehouse must store a product that is currently stored in another warehouse. You need to create new item coverage for the warehouse. Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order

Modify the expected date to increase by 7 days Add the new vendor and the item

A primary vendor tells you that their purchase order (PO) items will be delivered seven days later than expected. You find another vendor that carries the product and can deliver it the next day. You need the purchases from both vendors, but only one PO exists in the system. You need to ensure that the system correctly reflects the inbound products from both vendors. How should you complete the setup?

Create a new node Clear classify as tangible

An airport uses Dynamics 365 for Finance and Operations. You purchase new baggage-sorting hardware. You must add both the hardware and the service contract for the hardware to the product hierarchy. You need to configure the category node. What should you do? To answer, select the appropriate options in the answer area.

A C

An employee at a company needs to lay out the various component builds for bicycles. You need to identify which constraints the employee should use to set up the bicycles. Which two types of constraints achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point. A. table constraints that are used generically among product configuration models B. expression constraints that are used generically among product configuration models C. expression constraints that are unique to each product configuration model D. table constraints that are always unique to each product configuration model

B D

An employee at a company releases a new product from the Released product maintenance workspace. An employee in another department is unable to add the product to a sales order. You determine that dimension groups have not been applied to the product. You need to ensure that the product can be added to the sales order. Which two inventory dimension groups should you add to the product? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. Tracking dimension group B. Storage dimension group C. Coverage group D. Product dimension group

B D

An employee notices a discrepancy in inventory. You need to create the inventory blocking transaction. What are two possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point. A. inventory status B. quality order C. batch disposition code D. manual inventory blocking

Transfer Movement or Adjustment only Movement

An inventory control clerk manages adjustments in inventory. Some adjustments have a cost impact. Other adjustments must be posted to a specific ledger account or must be registered in inventory. You need to configure the system.

available unblocked, damaged blocked Site warehouse and location

Inventory in a warehouse is assigned to an inventory status of available. You need to set up an inventory status for damaged items so that they are not sold to customers. Which values should you use? To answer, select the appropriate options in the answer area.

C

NO.58 You are implementing warehousing in Dynamics 365 for Finance and Operations. You configure and approve one warehouse. You need to use the established warehouse setup to create additional warehouses. What should you use? A. warehouse management parameter setup only B. warehouse work template C. warehouse configuration template D. inventory and warehouse management parameter setup

Create an inbound load assign a rate confirm load for shipping Plan appointments for load register driver

New order items arrive from vendors and come into a company's main warehouse. You must set up internal transportation processes in Dynamics 365 for Finance and Operations to distribute goods to other locations. You need to set up inbound orders through transportation management. In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

B B

There is a $5.00 rebate on the purchase of 10-100 bottles and a $6.00 rebate for the purchase of 101- 200 bottles. Customers can purchase wine by the bottle or by the case. Discounts apply to all varieties of wine sold by the vendor. You need to create a vendor rebate agreement to ensure that the correct rebate amount is claimed at the end of the month. Solution: On the rebate agreement, set the calculation date type field to created.Does the solution meet the goal? A. Yes B. No Solution: On the rebate agreement, specify each item group assigned to wine. Add a rebate line break of quantity 10-100 and a second rebate line break of quantity 101-200. Does the solution meet the goal? A. Yes B. No

Create and assign a customer group to the trade agreement line Add a trade agreement line by customer group for quantity of 0-9 for $10 CReate a trade agreement line for party code type set to all and price of $14

You are configuring pricing for a new item. Wholesale customers must pay $10.00 for order quantities of up to 9 units. All other customers receive a static price of $14.00 regardless of quantity. You need to configure sales trade agreements. In Trade Agreement Setup, which actions should you perform? To answer, select the appropriate options in the answer area.

A C D

You are implementing containerization functionality. You must automate containerization so that containers and picking work for shipments are created when a wave is processed. The work lines will be split into quantities to fit required containers by size. You need to set up a container build template that defines the containerization process. Which three items should you set up before you create the container build template? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. a wave template that includes the containerize method B. container packing policies C. a container group D. container types E. container packing strategies

B C

You are the customer relations manager at a wholesale company. You perform promotion planning and must track fund usage. You need to set up a trade allowance agreement to register and track promotion contracts. Which two items should you set up prior to creating the agreement? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point. A. Sales category hierarchy B. Customer category hierarchy C. Trade allowance funds D. Opportunity reasons

A D

You configure purchasing policies and oversee purchasing processes for a company. Users often submit requisitions with incorrect information. Users also select non-approved vendors or incorrect categories. You need to set up a procurement policy that limits which procurement categories and vendors can be selected. Select 2 A. Category access policy rule B. Purchase requisition control rule C. Catalog policy rule D. Category policy rule

A

You are the inventory manager at a large distribution company. You notice item P0001 has been running out regularly and the on-hand count seems to differ from what is in Dynamics 365 for Finance and Operations. You want cycle count work to be automatically created when the quantity drops below 10 pieces, which is about once a week. You need to appropriately configure warehouse management to generate cycle count work. What should you do? A. Create a cycle count threshold that is quantity based and specify 10 for the quantity. Add P0001 as a selected item. B. Create a cycle count plan for item P0001 to run when the quantity is below 10. C. Create a cycle count threshold that is percentage based that will generate work when inventory drops below 10% for item P0001. D. Create a cycle count plan for item P0001. Generate a batch job that runs once a week

Site Aisle Rack Shelf

You are the inventory manager for a distribution center. You are configuring the inventory breakdown for a new center in California. You need to set up warehouse locations for the center and configure the prerequisite inventory hierarchy. Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

C

You are the logistics manager at a distribution company. Your primary carrier service provides rates for transportation between New York City and Colorado. These rates are a flat rate depending on the city or general area of pickup as follows: * New York City = $500 * Colorado = $450 You need to set up Transportation Management to calculate the rate from New York City to Colorado. What should you do? A. Use a Point-to-Point engine based on weight and miles. Assign rates from New York City as the starting location and Colorado as the ending location and break the rates out based on the weight of the package. B. Set up zones in the Zone Master for New York City and Colorado. Assign rates to each zone in the Zone Master by starting and ending location. C. Create hubs for both locations. Add a route plan from New York City to Colorado and assign the two charges as spot rates. D. Set up a Transit Time Engine to track days from New York City to Colorado. Set up rates in the Rate Master tied to day breaks.

B

You are the materials manager at a distribution company. You are responsible for setting up the ABC classification of all items as follows: * Class A materials represent 70 percent of the material value. * Class B materials represent 20 percent of the material value. * Class C materials represent 10 percent of the material value but are the most commonly used. You need to assign an ABC classification value model to all items using those values. What should you do? A. Run the ABC classification report B. Run the ABC classification periodic task to update the value model for all items C. Manually update the Value classification on the Released product record D. Run the ABC classification periodic task to update the revenue model for all items

Create a consignment replenishment order Trasnfer material from the vendor warehouse to your company warehouse Generate a consignment replenishment order product receipt Create and post an inventory ownership change journal entry

You are the purchasing manager for a company. You enter into a consignment agreement with a vendor. Raw material R0001 is managed under the consignment agreement with the vendor. You need to replenish raw material R0001 for consumption and update ownership. Which four actions should you perform in sequence?

Create a sales order and add lines Select direct delivery Post the packing slip from the sales orer

You are the sales manager at a distribution company. You have a drop-ship order for a batch of chemicals that will go directly from your vendor to your customer. You need to create and process this direct delivery within Dynamics 365 Finance and Operations. Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Trade Sales Purchase

You manage a Dynamics 365 for Finance and Operations system for a company. You need to configure agreements in the system. Which agreement types should you use?

Work order type Work type Directive code

You need to implement location directives in Dynamics 365 for Finance and Operations. IT Certification Guaranteed, The Easy Way! 8 Which objects should you use? To answer, drag the appropriate objects to the correct permissions. Each object may be used once, more than once, or not at all.

Pre closing check open quantities Check item costs Close inventory inventory close log

You need to perform month-end close processes. At which process steps should you perform the actions? To answer, drag the appropriate process steps to the appropriate actions. Each process step may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

Open restricted products regional lists Create inclusive list type for US Create exclusive list type Add item C0001

ou are the product manager at a distribution company. You are responsible for managing product compliance standards and reporting. Chemical product, C0001 can be sold in all parts of the United States except for the state of California. You need to set up these compliance requirements for C0001. Which four actions should you perform in sequence?