26 January, 2021
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Question 1
- (Exam Topic 4)
A vendor is offering a rebate programe on bottles of wine that have purchase orders placed within a month. There is a $5.00 rebate on the purchase of 10-100 bottles and $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 start data to be the first of the month. set the expiry date to be 30 days.
Does the solution meet the goal?
A vendor is offering a rebate programe on bottles of wine that have purchase orders placed within a month. There is a $5.00 rebate on the purchase of 10-100 bottles and $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 start data to be the first of the month. set the expiry date to be 30 days.
Does the solution meet the goal?
Question 2
- (Exam Topic 4)
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.
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.
Question 3
- (Exam Topic 4)
During a company’s busy season, the sales team experiences multiple backorders. The company wants to use forecasting to determine seasonal buying trends.
You need to define the setup and data set required for forecasting.
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.
Solution:
Does this meet the goal?
During a company’s busy season, the sales team experiences multiple backorders. The company wants to use forecasting to determine seasonal buying trends.
You need to define the setup and data set required for forecasting.
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.
Solution:
Does this meet the goal?
Question 4
- (Exam Topic 4)
You are the quality supervisor for a company. You receive 100 units of item C0001.
You find defects in some units. You move the items to quarantine for further inspection. Fifty units fail inspection.
You need to scrap the defective units.
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.
Solution:
Does this meet the goal?
You are the quality supervisor for a company. You receive 100 units of item C0001.
You find defects in some units. You move the items to quarantine for further inspection. Fifty units fail inspection.
You need to scrap the defective units.
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.
Solution:
Does this meet the goal?
Question 5
- (Exam Topic 4)
You are a functional consultant for a company named Contoso Entertainment System USA (USMF).
You need to configure a new quality process for item number M0017. The process must meet the following requirements:
Perform an impedance test on 100 percent of the units purchased.
Initiate the test after the product receipt is posted.
To complete this task, sign in to Dynamics 365 portal.
Solution:
Configure Item Sampling to specify 100 percent of the units.
Configure Quality Association to specify what test to run and configure the test to run after the receipt is posted.
Configure Item Sampling.
Go to Inventory management > Setup > Quality control > Item sampling.
Click New.
In the Item sampling field, type the name 100%.
In the Description field, type a value (100%).
In the Quantity specification field, select percent.
In the Value
Click Save. field, enter a number (100)
Close the page.
Configure a Quality Association
Go to Inventory management > Setup > Quality control > Quality associations.
Click New.
In the Reference type
field, selecPt urchase.
In the Item code
field, select Table.
In the Item
field, select the item M0017.
In the Event type
In the Execution
field, select Product Receipt. field, select After.
Expand or collapse the Specifications
section.
In the Test group
field, find and select the Impedance test.
Click Save.
Close the page.
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/tasks/set-up-quality-orders https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/enable-quality-management
Does this meet the goal?
You are a functional consultant for a company named Contoso Entertainment System USA (USMF).
You need to configure a new quality process for item number M0017. The process must meet the following requirements:
Perform an impedance test on 100 percent of the units purchased. Initiate the test after the product receipt is posted.To complete this task, sign in to Dynamics 365 portal.
Solution:
Configure Item Sampling to specify 100 percent of the units.
Configure Quality Association to specify what test to run and configure the test to run after the receipt is posted.
Configure Item Sampling.
Go to Inventory management > Setup > Quality control > Item sampling. Click New. In the Item sampling field, type the name 100%. In the Description field, type a value (100%). In the Quantity specification field, select percent. In the Value Click Save. field, enter a number (100) Close the page.Configure a Quality Association
Go to Inventory management > Setup > Quality control > Quality associations. Click New. In the Reference typefield, selecPt urchase.
In the Item codefield, select Table.
In the Itemfield, select the item M0017.
In the Event type In the Executionfield, select Product Receipt. field, select After.
Expand or collapse the Specificationssection.
In the Test groupfield, find and select the Impedance test.
Click Save. Close the page.Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/tasks/set-up-quality-orders https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/enable-quality-management
Does this meet the goal?
Question 6
- (Exam Topic 4)
An organization has two legal entities One of the companies is going to sell» new product to the other company The company that will receive the pcoduct 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 penod. What should you do?
An organization has two legal entities One of the companies is going to sell» new product to the other company The company that will receive the pcoduct 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 penod. What should you do?
Question 7
- (Exam Topic 1)
D18912E1457D5D1DDCBD40AB3BF70D5D
You need to configure the system to support the inventory costing requirement. Which two actions should you perform? Each answer represents a complete solution. NOTE: Each correct selection is worth one point.
D18912E1457D5D1DDCBD40AB3BF70D5D
You need to configure the system to support the inventory costing requirement. Which two actions should you perform? Each answer represents a complete solution. NOTE: Each correct selection is worth one point.
Question 8
- (Exam Topic 4)
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 vendor is offering a rebate program on bottles of wine that have purchase orders placed within a month. 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, 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?
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 vendor is offering a rebate program on bottles of wine that have purchase orders placed within a month. 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, 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?
Question 9
- (Exam Topic 4)
SIMULATION
You are a functional consultant for a company named Contoso Entertainment System USA (USMF). You need to regenerate a master plan named DynPlan for item number D0023.
To complete this task, sign in to Dynamics 365 portal.
Solution:
You specify the planning method in the Master planning run
dialog box. To open this dialog box, go to
Master planning > Master planning > Run > Master planning, or select Run
workspace.
in thMe
aster planning
Regeneration
The regeneration planning method deletes existing planned orders, unless they are firmed. It generates new planned orders, based on all the requirements. Regeneration is the only planning method that is available for static plans.
Changes in supply are considered. These changes include changes in the forecast.
This method respects the Period coverage code.
This method supports product substitution functionality (PI). Select DynPlan in the Master Plan field.
Select Regeneration in the Planning Method field.
Enter D0023 in the Item Number field.
Does this meet the goal?
SIMULATION
You are a functional consultant for a company named Contoso Entertainment System USA (USMF). You need to regenerate a master plan named DynPlan for item number D0023.
To complete this task, sign in to Dynamics 365 portal.
Solution:
You specify the planning method in the Master planning run
dialog box. To open this dialog box, go to
Master planning > Master planning > Run > Master planning, or select Run
workspace.
in thMe
aster planning
Regeneration
The regeneration planning method deletes existing planned orders, unless they are firmed. It generates new planned orders, based on all the requirements. Regeneration is the only planning method that is available for static plans.
Changes in supply are considered. These changes include changes in the forecast. This method respects the Period coverage code. This method supports product substitution functionality (PI). Select DynPlan in the Master Plan field.Select Regeneration in the Planning Method field.
Enter D0023 in the Item Number field.
Does this meet the goal?
Question 10
- (Exam Topic 4)
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 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?
Question 11
- (Exam Topic 4)
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 is implementing inventory management in Dynamics 365 for Finance and Operations.
The company needs to block inventory and ensure that physical inventory will not be reserved by other outbound transactions.
You need to select the appropriate option to block the inventory in the system. Solution: Select the full blocking option in the item sampling page.
Does the solution meet the goal?
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 is implementing inventory management in Dynamics 365 for Finance and Operations.
The company needs to block inventory and ensure that physical inventory will not be reserved by other outbound transactions.
You need to select the appropriate option to block the inventory in the system. Solution: Select the full blocking option in the item sampling page.
Does the solution meet the goal?
Question 12
- (Exam Topic 4)
A company distributes products. The company produces some of the products it distributes. The company needs to move from manual to automatic inventory reservations.
You need to set up automatic reservations.
Which parameters should you select? To answer, drag the appropriate parameters to the correct reservation policies Each parameter 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.
NOTE: Each correct selection is worth one point.
Solution:
Does this meet the goal?
A company distributes products. The company produces some of the products it distributes. The company needs to move from manual to automatic inventory reservations.
You need to set up automatic reservations.
Which parameters should you select? To answer, drag the appropriate parameters to the correct reservation policies Each parameter 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.
NOTE: Each correct selection is worth one point.
Solution:
Does this meet the goal?
Question 13
- (Exam Topic 1)
You need to address the inventory cost requirements.
What are two possible ways to achieve the goal? Each answer represents a complete solution. NOTE Each correct selection is worth one point
You need to address the inventory cost requirements.
What are two possible ways to achieve the goal? Each answer represents a complete solution. NOTE Each correct selection is worth one point
Question 14
- (Exam Topic 4)
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 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.
Question 15
- (Exam Topic 4)
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?
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 = $450You need to set up Transportation Management to calculate the rate from New York City to Colorado. What should you do?
Question 16
- (Exam Topic 4)
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 claim in Accounts receivable. Set up the third party as a customer to be paid royalties for use of the logo.
Does the solution meet the goal?
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 claim in Accounts receivable. Set up the third party as a customer to be paid royalties for use of the logo.
Does the solution meet the goal?
Question 17
- (Exam Topic 4)
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?
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?
Question 18
- (Exam Topic 4)
A company implements warehouse locations in Dynamics 365 Supply Chain Management. You need to configure location directives for inventory movement.
Which configurations should you use? To answer, drag the appropriate strategies to the correct requirements. Each strategy 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.
NOTE: Each correct selection is worth one point.
Solution:
Does this meet the goal?
A company implements warehouse locations in Dynamics 365 Supply Chain Management. You need to configure location directives for inventory movement.
Which configurations should you use? To answer, drag the appropriate strategies to the correct requirements. Each strategy 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.
NOTE: Each correct selection is worth one point.
Solution:
Does this meet the goal?