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.

A Royalty accrual journal posting reverses the previous interim postings for accrual and
expense amounts.

B.

A credit is posted to the vendor's payable account.

C.

A vendor invoice for the royalty payment is set to draft.

D.

A new vendor invoice for the royalty is created and posted.

E.

A hold is put on the amounts held in the royalty fees account

A company creates a new bill of materials (BOMs). The company subcontracts with a
vendor to manufacture
one component for the BOM.
You need to ensure that only the production manager is permitted to approve BOMs.
Which two actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A.

Assign security permissions to approve the BOM version but not the related BOM.

B.

Assign security permissions to the user for the approval form.

C.

Assign security permissions to the Vendor portal.

D.

Set up the approver as a vendor.

E.

Set up the approver as an employee

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.
NOTE: Each correct selection is worth one point.

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 company uses Dynamics 365 for Finance and Operations.
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

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.

A warehouse picks and ships product.
The warehouse completes work immediately upon automatic release to the warehouse.
You need to configure waves to allow for automatic work creation.
What should you do?

A.

Automate wave creation and process the wave automatically at threshold.

B.

Select the wave template and process the wave at release to warehouse.

C.

Select the wave template and attribute to automatically process.

D.

Automate replenishment and process the wave at release.

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.

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.

Create mountain, street, and racing bicycles as separate configuration models.

B.

Use one item number for all types of bicycles. Use a separate configuration number for
each type of bicycle.

C.

Use different item numbers for mountain, street, and racing bicycles.

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