MB-330 practice questions
You identify a new vendor. You must create a purchase agreement for the vendor that includes direct invoicing and insurance. You need to a create a classification for the purchase agreement. What should you do?
A. Set the value for Certification to Yes. Set the value for Requires direct invoicing to No.
B. Set the value for Certification to No. Set the value for Requires direct invoicing to No.
C. Set the value for Certification to Yes. Set the value for Requires direct invoicing to Yes.
D. Set the value for Certification to No. Set the value for Requires direct invoicing to Yes.
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Question
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?
A. Status = approved, item = C0001, vendor populated on the PO
B. Status = in review, item = C0001, vendor populated on the purchase requisition
C. Status = approved, item = C0001, vendor populated on the purchase requisition
D. Status = draft, item = C0001, vendor populated on the PO
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Question
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, set the start date to be the first of the month. Set the expiry date to be 30 days. Does the solution meet the goal?
A. Yes
B. No
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Question
You configure purchasing policies and oversee purchasing processes for a company. Users often submit requisitions with incorrect information. Users also select non-approved vendors or incorrect categories. You need to set up a procurement policy that limits which procurement categories and vendors can be selected. Which two policy rules should you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A. Category access policy rule
B. Purchase requisition control rule
C. Catalog policy rule
D. Category policy rule
Discussion forum
Question
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, set the calculation date type field to created. Does the solution meet the goal?
A. Yes
B. No
Discussion forum
Question
A company uses Dynamics 365 Supply Chain Management and implements procurement categories. Purchase requisitions are required for the purchase of procurement category goods. You need to ensure that the company purchases office supplies only from one specific vendor. Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A. Add the preferred vendor to the office supplies procurement category setup
B. Create a preferred trade agreement for the office supplies vendor
C. In purchasing policies, configure a specific category policy for office supplies
D. In purchasing policies, create a Purchase requisition control rule
E. Configure the purchase requisition workflow to specify the office supplies vendor
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Question
You are the customer relations manager at a wholesale company. You perform promotion planning and must track fund usage. You need to set up a trade allowance agreement to register and track promotion contracts. Which two items should you set up prior to creating the agreement? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A. Sales category hierarchy
B. Opportunity reasons
C. Customer category hierarchy
D. Trade allowance funds
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Question
A client wants to use Dynamics 365 Supply Chain Management to assist processing intercompany trade. You need to ensure that intercompany sales order payments process correctly when intercompany payable journals are posted. What should you do?
A. In the intercompany trade parameters for sales order policies, select Post journal automatically
B. In the intercompany trade parameters for purchase order policies, select Post invoice automatically
C. In the intercompany trade parameters for purchase order policies, select Post journal automatically
D. In the intercompany trade parameters for sales order policies, select Allow summary update of documents for original customer
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Question
A company uses Dynamics 365 Supply Chain Management. A customer returns a product that is defective for a replacement. You need to process the return order. Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A. Create a return of type Credit Only
B. Set the deadline date according to the company policy
C. Create a credit note for the replaced productV D. Set the delivery address to the customer’s address in the return order
E. Create a return of type Physical Return
F. Set the deadline date to the date the customer returns the defective product
G. Set the delivery address to the company warehouse in the return order
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Question
A company manufactures and sells surround-sound audio systems. A third-party company manufactures the stereo receivers as part of the Bill of materials (BOM) for complete sound systems. You need to automatically create a purchase order for the stereo receiver from the production order for a sound system. Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A. Assign the Vendor account to the service item BOM line.
B. Set service item BOM line type to Vendor.
C. Set the service item BOM line type to Pegged supply.
D. Link the service items to the vendor on the costing sheet.
E. Attach the service item to the parent item as a BOM line.
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Question
A company manufactures and sells custom bicycles. Customers can customize some components to create a custom bicycle. You need to configure sales orders to support the customization allowed for custom bicycle orders. What are two possible ways to achieve this goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
A. Create a sales order for the bicycle and make configuration selections on the order for the upgraded seat and handlebars. The production order will be automatically generated with the correct seat and handlebars.
B. Create a sales order for the bicycle and add separate line items for the upgraded seat and handlebars.
C. Create a sales order for the bicycle. Modify the production order after it has been reported as finished to delete the standard seat and handlebars and add the upgraded seat and handlebars.
D. Configure the product to allow for the seat and handlebars selection to be defined at order creation, automatically adding an upcharge to the sales price
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Question
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?
A. Yes
B. No
Discussion forum
Question
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, in the unit of measure rebate option, select exact match. Does the solution meet the goal?
A. Yes
B. No
Discussion forum
Question
You use Dynamics 365 Supply Chain Management to manage inventory. You need to adjust inventory and override the current item posting setup. Which journal type should you use?
A. inventory adjustment
B. inventory transfer
C. movement
D. item arrival
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Question
A company uses Dynamics 365 Supply Chain Management to manage inventory. The company realizes that there is an incorrect inventory amount for Item 33442 in Warehouse 1. You need to correct the inventory amount by using the posting setup configured on the item group. Which two journal types achieve the goal? Each correct selection provides a complete solution. NOTE: Each correct selection is worth one point.
A. Inventory adjustment journal
B. Inventory transfer journal
C. Inventory movement journal
D. Inventory counting journal
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Question