Microsoft MB-330 Practice Test - Questions Answers, Page 2
Question list
List of questions
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?
Status = approved, item = C0001, vendor populated on the PO
Status = in review, item = C0001, vendor populated on the purchase requisition
Status = approved, item = C0001, vendor populated on the purchase requisition
Status = draft, item = C0001, vendor populated on the PO
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.
A company plans to simplify interactions between purchasing department employees and vendors.
You need to ensure that employees are redirected to a vendor's online store to select items for inclusion on purchase requisitions.
Solution: Create a retail product catalog.
Does the solution meet the goal?
Yes
No
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.
A company plans to simplify interactions between purchasing department employees and vendors.
You need to ensure that employees are redirected to a vendor's online store to select items for inclusion on purchase requisitions.
Solution: Create a procurement catalog.
Does the solution meet the goal?
Yes
No
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.
A company plans to simplify interactions between purchasing department employees and vendors.
You need to ensure that employees are redirected to a vendor's online store to select items for inclusion on purchase requisitions.
Solution: Create a vendor catalog.
Does the solution meet the goal?
Yes
No
A company uses Dynamics 365 Supply Chain Management.
The finance department processes royalty claims using the accounts payable module.
You need to pass the claims to the accounts payable group for payment.
Which three events will occur? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A Royalty accrual journal posting reverses the previous interim postings for accrual and expense amounts.
A credit is posted to the vendor's payable account.
A vendor invoice for the royalty payment is set to draft.
A new vendor invoice for the royalty is created and posted.
A hold is put on the amounts held in the royalty fees account.
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.
A company has an agreement to pay royalties to a third party for use of their logo.
A royalty contract must be setup so that the third party paid monthly. The payment is based on invoiced sales.
You need to create a royalty contract and create monthly Accounts payable to the third party.
Solution: Use the automatically calculated royalty amounts to approve and then create a monthly claim to pay the vendor.
Doss the solution meet the goal?
Yes
No
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.
A company has an agreement to pay royalties to a third party for use of their logo.
A royalty contract must be setup so that the third party paid monthly. The payment is based on invoiced sales.
You need to create a royalty contract and create monthly Accounts payable to the third party.
Solution: Add line items to a royalty contract with the associated customer and create sales orders for the items.
Doss the solution meet the goal?
Yes
No
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.
A company has an agreement to pay royalties to a third party for use of their logo.
A royalty contract must be setup so that the third party paid monthly. The payment is based on invoiced sales.
You need to create a royalty contract and create monthly Accounts payable to the third party.
Solution: Create a royalty contract. Select monthly for the cumulative sales. Add line item, products, and value to pay the vendor for use of the logo.
Doss the solution meet the goal?
Yes
No
An organization has two legal entities. One of the companies is going to sell a new product to the other company.
The company that will receive the product must get a discount on items for the first three months of initial sales.
You need to configure the system to apply the discount for the specified period.
What should you do?
Set the default purchase price on the company that is receiving the product.
Enter the default purchase price on the company that is selling the product.
Setup an intercompany purchase agreement. Do not allow the validity period to be edited.
Set up a Trade Agreement. Set the To Date field to end in three months.
SIMULATION
You are a functional consultant for a company named Contoso Entertainment System USA (USMF).
You need to generate a requisition for the supply of 50 units of a product named Lifecam HD 5000, and then submit the requisition for approval.
To complete this task, sign in to Dynamics 365 portal.
Question