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Microsoft Dynamics 365 Finance Functional Consultant Question and Answers

Microsoft Dynamics 365 Finance Functional Consultant

Last Update Jan 28, 2023
Total Questions : 335

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Questions 1

A company receives a large quantity of inventory into the warehouse.

The inventory has a short shelf life and must be sent out to the stores as soon as possible.

You need to use Buyer’s push to transfer the inventory out to the stores.

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

NOTE: Each correct selection is worth one point.

Options:

A.  

Create a sales order.

B.  

Create transfer orders.

C.  

Select Product and ship open sales orders.

D.  

Select Product and distribution method.

Discussion 0
Questions 2

You need to identify all potential gaps in the master planning solution for Adventure Works’ implementation.

What should you do?

Options:

A.  

Read the release notes and master planning entries in the Microsoft Ideas portal.

B.  

Finish relevant material requirements planning system configurations and data imports and run a fit analysis.

C.  

Identify the gaps through the known issues in Lifecycle Services.

D.  

Upload all task recordings for MRP business processes into Azure DevOps for analysis.

Discussion 0
Questions 3

:118 HOTSPOT

A parent company owns two subsidiaries.

Some of the products manufactured in one of the subsidiaries must be sold to the other subsidiary so they can be sold in retail stores.

You need to configure the customer and products for intercompany setup.

How should you configure the setup? To answer, select the appropriate options in the answer areas.

NOTE: Each selection is worth one point.

Options:

Discussion 0
Questions 4

A company is implementing the Warehouse management module in Dynamics 365 Supply Chain Management.

The company will receive an item in three units of measure (UOM): each, case, and pallet. The item must be counted from a mobile device in each UOM or case UOM only by the warehouse worker.

You must configure the item.

What should you configure?

Options:

A.  

Create a reservation hierarchy and define the rules.

B.  

Set the default inventory unit of measure to each and the default purchase and sell unit to case.

C.  

Create one unit sequence group and enable counting per unit of measure.

D.  

Set the default inventory unit of measure to each and assign the default item set up to case.

E.  

Create separate unit sequence groups, one for case counting and one for each counting.

Discussion 0
Questions 5

A company uses Planning Optimization. The company uses the product lifecycle state setup to exclude some items from planning. Items may exist in more than one warehouse.

What configuration is required so that Planning Optimization excludes these items?

Select only one answer.

Options:

A.  

Planning Optimization will respect the lifecycle state if it is enabled from Lifecyle Services.

B.  

The items will respect the lifecycle state if manual planning on the warehouse setup is set to No.

C.  

The items will respect the lifecycle state if manual planning on the warehouse setup is set to Yes.

D.  

The product lifecycle state must be set up on the items only.

E.  

Planning Optimization will respect the lifecycle state if it is enabled from Feature management.

Discussion 0
Questions 6

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?

Options:

A.  

Create a movement journal, add the cost, and specify the offset ledger account on the line.

B.  

Create an adjustment journal, add the cost, and specify the offset ledger account on the line.

C.  

Create an arrival journal, add the cost, and specify the offset ledger account on the line.

D.  

Create a transfer journal, transfer to a different warehouse, and then adjust the cost.

Discussion 0
Questions 7

A company is implementing Dynamics 365 Supply Chain Management.

The company requires that historical transactional data from the current system be used to determine future inventory needs. Transactions that fall outside of a standard deviation must be excluded.

You need to configure the system to meet the requirements.

What should you configure? To answer, drag the appropriate configurations to the correct requirements. Each configuration 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.

Options:

Discussion 0
Questions 8

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.

A company uses Dynamics 365 Supply Chain Management to item returns.

You need to ensure that the original quantity and price from a sales order is used for return orders.

Solution: Use the Find sales order function to the link the return order to the original sales order.

Does the solution meet the goal?

Options:

A.  

Yes

B.  

NO

Discussion 0
Questions 9

You need to create new location directives.

Which values should you use? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 10

You need to set up reordering for new items.

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

NOTE: Each correct selection is worth one point.

Options:

A.  

Create one coverage group for raw materials and one for finished goods.

B.  

Set the item coverage manual flag on the warehouse to Yes.

C.  

Create separate coverage groups for raw materials, finished goods, and retail packaging.

D.  

Set the item coverage manual flag on the warehouse to No.

E.  

Create one coverage group for retail packaging items and another for items in the warehouse

Discussion 0
Questions 11

You need to complete the shipments.

Options:

A.  

Confirm the load and generate packing slips and bills of lading.

B.  

Create waves to generate work for shipping loads and send an ASN.

C.  

Confirm shipments and generate pick/put work.

D.  

Create work for printing shipping documents and send an ASN.

Discussion 0
Questions 12

You need to consolidate orders and prepare to rate shop shipments.

How should you complete the setup? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 13

You need to configure transport providers for delivering products to the retail stores from Vendor1.

How should you complete the configuration? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 14

Employee1 must set up the new BOM.

Which three actions should Employee! perform' Each correct answer presents part of the solution.

NOTE Each correct selection is worth one point.

Options:

A.  

Activate the BOM.

B.  

Create a new BOM for Store1, Store2, and Store3.

C.  

Create a new BOM for Site1 only.

D.  

Add the raw materials to the BOM and approve it.

E.  

Add the raw mandate to the BOM and approve the BOM version.

Discussion 0
Questions 15

You need to configure inventory levels for the retail stores.

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

NOTE: Each correct selection is worth one point.

Options:

A.  

Enter a manual forecast for the initial stock levels at the retail stores.

B.  

After the first month of face mask sales, look at the warehouse sales orders for the past 30 days to

generate a demand forecast.

C.  

After the first month of face mask sales, review store sales for the past 30 days to generate a demand

forecast.

D.  

After the first month of face mask sales, create a forecast for the warehouse and a second forecast for the

retail stores.

E.  

After the first month of face mask sales, create a manual forecast for the warehouse and automatically

generate a demand forecast for the stores.

Discussion 0
Questions 16

You need to configure item pricing and discounts.

How should you complete the setup? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 17

A company produces finished goods that consist of some raw material items that are purchased and some raw material items that are produced.

The costs of some of the produced materials that are used in the sub-BOMs are updated. The costs of the purchased raw materials do not change.

You need to ensure that the updated costs are reflected in the finished goods planned costs. You do not need to recalculate the purchased raw materials.

Which explosion mode should you use in the bill of materials (BOM) calculation?

Select only one answer.

Options:

A.  

Multilevel

B.  

Make to order

C.  

Single level

D.  

According to BOM line type

Discussion 0
Questions 18

You need to set up pricing to solve the paint program school complaint.

What should you configure? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 19

You must configure pen flash sale prices.

What should you configure? To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 20

You must configure the acrylic paint requirements.

What should you configure? To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 21

You need to configure the system to identify the complaints for the chalk and blackboard items.

Which two settings should you configure? Each answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.  

Quarantine zone

B.  

Item sampling

C.  

Quality orders

D.  

Inventory status

Discussion 0
Questions 22

You need to provide the information for the costing manager.

What should you do first?

Options:

A.  

Check cost prices.

B.  

Check for open quantities.

C Close and adjust cancellation.

C.  

View close settlements.

Discussion 0
Questions 23

You need to process the expedited photocopier replacement.

What should you do?

Options:

A.  

Release the order to the warehouse for shipping.

B.  

Create and release a load for the order.

C.  

Send the shipment to the warehouse before sending it to the customer.

D.  

Create an advance exchange order.

Discussion 0
Questions 24

You need to configure the smartboards.

What should you create?

Options:

A.  

price groups

B.  

a new product master for each variation

C.  

a bill of material (BOM) version

D.  

D.  

variants by using the variant suggestions tool

Discussion 0
Questions 25

You must meet the requirement for WarehouseWorker1.

Which process should you use? To answer, drag the appropriate processes to the correct locations. Each process 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.

Options:

Discussion 0
Questions 26

You need to resolve the issue for UserC.

What should you do?

Options:

A.  

Change the inventory status only.

B.  

Change the inventory status and run the replenishment process.

C.  

Change the inventory status and complete a movement journal.

D.  

Create a transfer order and change the inventory status.

Discussion 0
Questions 27

You need to test the existing brakes in inventory.

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

NOTE: Each correct selection is worth one point.

Options:

A.  

Assign a Phantom bill of materials (BOM) line.

B.  

Create a manual quality order for existing inventory.

C.  

Assign brakes to an inventory status that is blocked.

D.  

Create an automatic quality order for existing inventory.

Discussion 0
Questions 28

Negotiations with the vendor are complete.

You need to set up the new price for tires.

What should you configure to meet the business requirements? To answer, select the appropriate options in the area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 29

You need to order the high-end tires.

What should you set up? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 30

You need to meet the operational requirements for VendorB.

What should you do? To answer, select the appropriate options in the area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 31

You need to segregate inventory for the brakes that are in inventory.

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

NOTE: Each correct selection is worth one point.

Options:

A.  

Assign a blocked status to the inbound purchase order from Vendor

A.  

B.  

Create a disposition code.

C.  

Set default inventory status on the item.

D.  

Assign an item filter code.

E.  

Assign a blocked status to the inbound purchase order from VendorB.

Discussion 0
Questions 32

You need to set up testing for brakes to meet the operations requirements.

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

NOTE: Each correct selection is worth one point.

Options:

A.  

Set execution to after product receipt.

B.  

Set per updated quantity to yes.

C.  

Set execution to before product receipt.

D.  

Set per updated quantity to no.

Discussion 0
Questions 33

You need to define where the tires should be put away in the warehouse.

How should you set up the location directives? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 34

You need to implement business processes to address concerns about the wheel inventory.

Which features should you use? To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 35

You need to recommend a process for planned orders that will not be firmed.

What should you recommend?

Options:

A.  

Change the status to Unprocessed

B.  

Set the planned order to Completed

C.  

Delete the planned order

D.  

Change the status to Approved

E.  

Remove the planned order from selection

Discussion 0
Questions 36

ESTION NO: 4 HOTSPOT

You need to configure a product attribute to indicate whether a product is a limited edition.

Which configuration should you use for each attribute. To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 37

You need to configure the limited-edition bicycle to meet the requirement for the official release date.

Where should you configure this?

Options:

A.  

Released product

B.  

Sales price trade agreement

C.  

Product lifecycle state

D.  

Default order settings

Discussion 0
Questions 38

You need to reduce the fulfillment team’s workload.

Which form should you use?

Options:

A.  

Default order settings

B.  

Item model group

C.  

Sales and marketing parameters

D.  

Released products

E.  

Product and information management parameters

Discussion 0
Questions 39

You need to configure the solution to replace the Excel spreadsheet.

Which feature should you use for each requirement? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 40

You need to enable the automatic firming of planned orders from the master planning solution.

Where do you enable the functionality?

Options:

A.  

Lifecycle Services

B.  

Master planning parameters

C.  

Feature management workspace

D.  

On the released item

Discussion 0
Questions 41

You need to determine the costing versions for the requirements.

Which costing versions should you use? To answer, drag the appropriate costing versions to the correct requirements. Each costing version 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.

Options:

Discussion 0
Questions 42

You need to configure quality controls.

Which solution objects should you configure? To answer, drag the appropriate solution objects to the correct configurations. Each solution object 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.

Options:

Discussion 0
Questions 43

You need to configure the system for the new products that the company produces.

Which product type should you use? To answer, drag the appropriate product types to the correct products. Each product type 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.

Options:

Discussion 0
Questions 44

You need to configure the extreme sports discounts.

Which component should you use? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 45

You need to configure automated testing for the following tasks:

• inbound processes from manufacturing

• outbound processed from the warehouse picking process

How many processes should you configure?

Options:

A.  

2

B.  

3

C.  

4

D.  

10

Discussion 0
Questions 46

You need to configure the pricing for the white-labeled products.

Which system object should you configure? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 47

You need to define the number of quarantine zones.

How many should you define?

Options:

A.  

1

B.  

2

C.  

4

D.  

6

E.  

8

Discussion 0
Questions 48

Trey Research is now live on Dynamics 365 Supply Chain Management.

You need to apply the new cost model for the apparel items.

What should you do?

Options:

A.  

Run Inventory close.

B.  

Close all production orders.

C.  

Configure Backflush costing.

D.  

Run a BOM calculation.

Discussion 0
Questions 49

You need to configure the system to support the pottery product line. What should you do first?

Options:

A.  

Create a new product with storage dimensions.

B.  

Create a new product master with predefined product variants.

C.  

Create a new product with lucking dimensions.

D.  

Set up a new product with product configuration.

Discussion 0
Questions 50

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.

Options:

A.  

one default item group for all items

B.  

one item group each for perfume, ceramicware, and other goods

C.  

one FIFO item model group and one Standard item model group

D.  

one FIFO item group

E.  

one financial dimension for each item group

Discussion 0