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Microsoft MB-330 Practice Test - Questions Answers, Page 12

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Question 111

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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?

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Question 112

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Note: This question-is part of a series of questions that present the same scenario. Each question-in the series contains a unique solution that might meet the stated goals. Some question-sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question-in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

You are the purchasing manager at a manufacturing company that makes audio equipment.

You sign an agreement with a vendor to purchase 5,000 speaker cables, item C0001, at a discounted rate of $3.00 per cable. This agreement expires in exactly one year.

You need to set up pricing information and track the fulfillment of the agreement.

Solution:

Create a purchase agreement of type Product value commitment.

Add a line for item C0001.

Enter a product value of $15,000 and enter an expiration date of one year.

Does the solution meet the goal?

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Question 113

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Note: This question-is part of a series of questions that present the same scenario. Each question-in the series contains a unique solution that might meet the stated goals. Some question-sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question-in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

You are the purchasing manager at a manufacturing company that makes audio equipment.

You sign an agreement with a vendor to purchase 5,000 speaker cables, item C0001, at a discounted rate of $3.00 per cable. This agreement expires in exactly one year.

You need to set up pricing information and track the fulfillment of the agreement.

Solution: On the released product, set a price of $3.00. Add the vendor to the vendor account field on the Purchase fast tab.

Does the solution meet the goal?

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Question 114

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Note: This question-is part of a series of questions that present the same scenario. Each question-in the series contains a unique solution that might meet the stated goals. Some question-sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question-in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

You are the purchasing manager at a manufacturing company that makes audio equipment.

You sign an agreement with a vendor to purchase 5,000 speaker cables, item C0001, at a discounted rate of $3.00 per cable. This agreement expires in exactly one year.

You need to set up pricing information and track the fulfillment of the agreement.

Solution: Create a purchase agreement for the vendor that specifies a product quantity commitment. Include the quantity, the price, and the expiration date.

Does the solution meet the goal?

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Question 115

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A distribution company wants to set up barcodes in their Dynamics 365 Supply Chain Management system for warehouse scanning.

Barcodes will be entered manually.

You need to minimize the risk of errors on barcode entry.

What should you do?

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Question 116

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You are the planner for a distribution company.

You observe an increase in planned orders for item C0001. You must track the source for these planned orders and break them out based on their demand. You are not concerned with safety stock maximums for this item.

You need to ensure that the master planning batch job will create a unique planned purchase order for every new demand requirement for C0001.

Which coverage code should you use?

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Question 117

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A company sells jars of sliced or whole pickles. The company produces jars of various sizes.

You need to set up the item to ensure that pickles have a single item number for all container sizes.

What are two possible ways to achieve this goal? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

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Question 118

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A company manufactures street, mountain, and racing bicycles.

The company wants to use product variants to control bicycle configuration.

You need to configure the bicycles in the system.

What should you do?

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Question 119

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A company implements the Dynamics 365 Supply Chain Management procurement module.

During testing, you observe that no transactions are posted to the product receipt journal when an item is received.

You need to configure the system to show the appropriate transactions in the product receipt journal.

Which two actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

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Question 120

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SIMULATION

You are a functional consultant for a company named Contoso Entertainment System USA (USMF).

You plan to trade a product named Professional Speaker Cable in the color gray.

You need to release all the available variants of Professional Speaker Cable in gray.

To complete this task, sign in to Dynamics 365 portal.

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