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Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) Question and Answers

Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP)

Last Update Apr 23, 2024
Total Questions : 101

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Questions 1

A company uses Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 2

An international hotel company implements Dynamics 365 Finance.

You need to help the hotel company identify email integration capabilities.

What are two valid use cases for sharing Dynamics 365 Finance documents with customers by using email integration? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.  

The company sends statements to customers based on request.

B.  

Customers negotiate prices for hotel reservations with company agents by using their personal email addresses.

C.  

A customer registers a complaint online regarding their stay at any of the company's hotels.

D.  

The company emails invoices to customers after their hotel stay.

Discussion 0
Questions 3

A company implements Dynamics 365 Supply Chain Management. The company uses Microsoft SharePoint Online for document management. For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 4

A company plans to purchase Dynamics 365 Finance.

The company has customers who frequently pay their invoices late or do not pay at all. The company continues to sell to these customers. This creates large write-offs of bad debt.

The company needs to proactively communicate with customers, collect unpaid accounts receivables, and prevent new sales until past due invoices are paid.

You need to recommend solutions to facilitate communication and collections.

Which three options should you recommend? Each answer represents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.  

Open sales orders report

B.  

Payment journals

C.  

Stop customer

D.  

Customer statements

E.  

Collection letter

Discussion 0
Questions 5

For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 6

A company implements Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 7

A company implements Dynamics 365 Supply Chain Management.

The company needs to use inventory journals to post different types of physical inventory transactions.

Match each type of inventory journal to its use case. To answer, drag the appropriate type of inventory journal from the column on the left to its use case on the right. Each type of inventory journal may be used once, more than once, or not at all.

NOTE: Each correct match is worth one point.

Options:

Discussion 0
Questions 8

A company plans to implement enterprise asset management. You need to recommend solutions for the company.

What should you recommend? To answer, drag the appropriate solutions to the correct requirements. Each solution 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 9

A company is evaluating Dynamics 365 Fraud Protection for various types of transactions.

Which experience should you use? To answer, drag the appropriate experiences to the correct scenarios. Experiences 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 10

A company manufactures and sells chairs. The company uses Dynamics 365 Finance and Dynamics 365 Supply Chain Management for finance and manufacturing operations.

You need to determine which module to use for each operational need.

Which module should you use? To answer, drag the appropriate modules to the correct scenarios. Each module 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 11

A construction services firm plans to standardize financial and payroll functions including the capability of adding timesheets to track work and costs for community improvement projects. You need to recommend a solution for the company. What should you recommend?

Options:

A.  

Power Platform

B.  

Dynamics 365 Project Operations

C.  

Dynamics 365 Supply Chain Management

D.  

Dynamics 365 Human Resources

Discussion 0
Questions 12

A company plans to implement Dynamics 365 Project Operations. You need to recommend a capability that meets each requirement.

Which capability should you recommend? To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0
Questions 13

An organization has two legal entities. Items may be sold by one company only or by both companies. You need to recommend a solution to standardize the items across the legal entities.

What should you recommend?

Options:

A.  

Lifecycle Services

B.  

Item templates

C.  

Products and product masters

D.  

Product Insights

Discussion 0
Questions 14

A company is using Dynamics 365 Project Operations for a project implementation.

An internal project is being funded by three different organizations. The project billing should be standardized.

You need to implement functionality to split the invoicing of the project.

Which Project component should you use?

Options:

A.  

Contracts

B.  

Invoicing

C.  

Budgets

D.  

Subcontracts

E.  

Expenses

Discussion 0
Questions 15

A company implements Dynamics 365 Supply Chain Management. The company plans to use maintenance work orders.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Discussion 0