10 free sample questions from a bank of 473, with the correct answers and explanations. No signup required — start practising right now.
1You are setting up Dynamics 365 Supply Chain Management for a client.
The client plans to add several items to the Dynamics 365 Supply Chain Management system.
You are required to ensure that the client can configure the items as either company owned or consignment when the client creates the items.
Which two of the following actions should you take?
NOTE: Each correct answer is worth one point.
You should enable batch dimension.
You should enable owner dimension.
You should allocate a moving average costing inventory model.
You should allocate a standard costing inventory model.
Answer: B, D
2SIMULATION -
Your company's distribution center supplies a large number of retail stores.
After procuring a big shipment of a new line of products, you have been tasked with configuring buyer push functionality so that the product is equally distributed to the retail stores.
You need to create the transfer order.
Access the Dynamics 365 portal to achieve this goal.
Answer:
3You 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.
No adjustment required.
Created
Reported as finished
Ended
Answer: B
4You 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.
No adjustment required.
Tag counting
Movement
Transfer
Answer: A
5Your 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?
Yes, it does
No, it does not
Answer: B
6Your 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?
Yes, it does
No, it does not
Answer: B
7Your 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?
Yes, it does
No, it does not
Answer: A
8Your 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?
You should implement the production input journal type.
You should implement the movement journal type.
You should implement the counting journal type.
You should implement the item arrival journal type.
Answer: C
9A 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?
Sale Agreement.
Service Agreement.
Purchase Agreement.
Trade Agreement.
Answer: D
10Your 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?