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Microsoft MB-330 Microsoft Dynamics 365 Finance Functional Consultant Exam Practice Test

Demo: 64 questions
Total 360 questions

Microsoft Dynamics 365 Finance Functional Consultant Questions and Answers

Question 1

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:

Question 2

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:

Question 3

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:

Question 4

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:

Question 5

You need to set up and year for the desks.

What should you configure first?

Options:

A.

attribute type

B.

variant

C.

friendly name

D.

item type

E.

attribute definition

Question 6

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

Question 7

You need to configure the conversions for the items.

Which measurement type should you use? To answer, drag the appropriate unit of measure types to the correct requirements. Each unit of measure 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:

Question 8

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.

Question 9

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.

variants by using the variant suggestions tool

Question 10

You need to configure the vendor pricing for pencils.

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

NOTE: Each correct selection is worth one point.

Options:

Question 11

You need to configure the whiteboard paint requirements for schools.

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

NOTE: Each correct selection is worth one point.

Options:

A.

Quantity commitment

B.

Max is enforced

C.

Price and discount is fixed

D.

Minimum release amount

E.

Maximum release amount

Question 12

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.

Question 13

You need to configure the products in Dynamics 365 Supply Chain Management for the requirements.

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

NOTE: Each correct selection is worth one point.

Options:

Question 14

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:

Question 15

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:

Question 16

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:

Question 17

A company enables purchase trade agreements for Planning Optimization.

You need to be able to evaluate purchase trade agreements.

Which three configurations must be set up? Each correct answer presents part of the solution.

Select all answers that apply.

Options:

A.

Find trade agreement

B.

Search criterion

C.

Agreements marked as effective

D.

Purchase agreements with status of confirmed

E.

Activate price/discount

Question 18

A company is implementing Dynamics 365 Supply Chain Management in one legal entity that contains Sitel1 and Site2.

ItemA is a configured item with configurations ConfigA and ConfigB. The business decides to stop buying ItemA ConfigB into Site2 but will still it at Site'.

You must configure ItemA to ensure the buying rules are implemented

What should you configure?

Options:

A.

Variant group

B.

Variant suggestions

C.

Default order rules

D.

Select product variants to release

Question 19

A company that has three legal entities is implementing Dynamics 365 Supply Chain Management.

One legal entity supplies the other two legal entities as customers with inventory. Intercompany master planning must be set up and run in the least amount of time.

You need to configure the system to meet the requirements.

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

NOTE: Each correct selection is worth one point.

Options:

Question 20

A distribution company wants to set up barcodes in their Dynamics 365 Supply Chain Management system for warehouse scanning.

Barcodes will be entered manually.

You need to minimize the risk of errors on barcode entry.

What should you do?

Options:

A.

Create a new barcode, enter the value, select the type, and enter the mask.

B.

Select an item, select the barcode type, select max length, and enter the value.

C.

Select an item and set up security on the barcode field.

D.

Create a new barcode, enter the value, select the type, and enter the size and max length.

Question 21

You are the warehouse manager at a distribution center.

In the warehouse, items must be moved to a staging location before moving to the baydoor location for

shipping.

You need to set up a work template that accomplishes this pick/put scenario.

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 work class ID with valid location types of staging and baydoor. Assign these to the work

template details.

B.

Create two work templates: one is a pick/put from inventory to staging and the other is from staging to

baydoor.

C.

Create a sales order work template with two pick/put pairs: one to staging and the second to baydoor.

D.

Create two work class IDs: one with valid put location types of staging and the other of baydoor. Assign

these to the appropriate put work types on the work template.

Question 22

A caulking manufacturer is implementing Dynamics 365 Supply Chain Management. When caulking is produced, it is sold by tubes, 1-gallon cans, 5-gallon buckets, 55-gallon drums, or 330-gallon totes with potential to add other sizes.

The manufacturer wants to ensure that when new units are added, only one conversion is set up that does not require conversions between each unit of measure.

You need to configure the unit of measure to meet the requirement.

What should you use?

Options:

A.

Unit class

B.

Conversion formula

C.

Formula layout

D.

Base unit

Question 23

A manufacturing company uses Dynamics 365 Supply Chain Management.

You must review the safety stock level for raw materials.

You need to calculate the minimum coverage proposals based on standard deviation.

Which three 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.

Options:

Question 24

A company uses Planning Optimization and first in, first out (FIFO) inventory valuation. The company also

has special requirements on sales margins. Company policy states that marking must be a single issue

that is fully marked against a single receipt, regardless of quantity.

What should you do to respect marking when planned orders are being firmed?

Select only one answer.

Options:

A.

Allow negative inventory.

B.

Enable Ordered Reserved.

C.

Set the Update marking parameter to Extended.

D.

Set the Update marking parameter to Standard.

E.

Set the Update marking parameter to No.

Question 25

A company is implementing sales order functionality in Dynamics 365 for Finance and Operations.

The company has a business requirement to fulfill sales orders by using direct delivery.

You need to enter a direct delivery sales order so that a purchase order is automatically created.

What should you do after you enter the sales order and lines?

Options:

A.

Set the ship complete toggle to On and confirm the order on the sales order header.

B.

Select automatic and confirm the sales order on the line level setup tab in the reservation field.

C.

Change the customer’s address to the vendor’s direct delivery address and confirm the sales order.

D.

Select the direct delivery option under the sales order action pane and complete the form.

Question 26

A manufacturing company uses Dynamics 365 Supply Chain Management.

The company replaced its burners to limit carbon dioxide emissions. The new burners require frequent servicing to be compliant with environmental regulations. The new burners ate more complex and take longer to service than the previous burners.

The production controller must track fuel use in liters to schedule timely maintenance. The additional time taken to plan maintenance must be considered.

You must configure the system to meet the 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.

Register consumption.

B.

Configure counter types.

C.

Set up asset service level.

D.

Configure asset BOM.

E.

Create attributes.

Question 27

You are helping a company implement Dynamics 365 Supply Chain Management.

You need to implement disposition codes for sales return orders.

Which disposition codes should you use? To answer, drag the appropriate disposition codes to the correct scenarios. Each disposition code 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:

Question 28

A company uses Planning Optimization. The company decides to set up purchase trade agreements.

What should you verify in Supply forecast to ensure that purchase trade agreements are used?

Select only one answer.

Options:

A.

Reduction keys are removed.

B.

The vendor is not specified on any of the rows

C.

The vendor account is specified on the rows

D.

The forecast model is cleared

E.

The forecast time period is cleared.

Question 29

A company that uses Dynamics 365 Supply Chain Management recently became ISO 9001-certified.

The company must begin documenting nonconformances.

You need to configure the nonconformance functionality.

Which three features must you configure? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

routes

B.

operations

C.

diagnostic types

D.

quality charges

E.

quarantine zones

Question 30

A company uses planning optimization in Dynamics 365 Supply Chain Management

A new item is set up for production with a bill of materials (BON') and is included in planning optimization.

You need to identify the planning output for the item

What are two parts of the output? Each answer represents a partial solution

Options:

A.

production order

B.

action message

C.

purchase order

D.

Warning

Question 31

A company uses Dynamics 365 Supply Chain Management. The company plans to add trucks to the existing truck fleet over the upcoming months.

The company requires truck drivers to complete a daily self-inspection of their trucks. The government requires that commercial trucks are inspected annually by a certified repair facility.

The fleet manager wants to minimize the amount of time the truck is in the shop.

• When a truck driver reports a problem during the daily inspection that requires a repair and is within a week of the annual inspection, the company requires that both events occur at the same time in the shop.

• The annual inspection can vary on due date for both new and existing trucks.

You must configure the requirements to minimize truck downtime.

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

NOTE: Each correct selection is worth one point.

Options:

Question 32

A company uses Dynamics 365 Supply Chain Management with advanced warehouse capabilities. Warehouse workers use mobile devices. High value stocked items are classified as A items and are stocked in different locations in the warehouse.

The accounting department requires that all A items be counted weekly. If there are any inconsistencies, the A items must be counted a second time prior to posting the counts.

You need to configure the system to meet the requirements

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

NOTE: Each correct selection is worth one point.

Options:

Question 33

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

Options:

A.

Set up a costing sheet

B.

Set up commodity pricing.

C.

Use FIFO with marking.

D.

Create a costing version.

E.

Create purchase orders from sales orders.

Question 34

You need to configure the inventory reports.

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

NOTE: Each correct selection is worth one point.

Options:

Question 35

You need to configure the system to support regional sales requirements.

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

NOTE. Each correct selection is worth one point.

Options:

Question 36

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

Question 37

You need to configure the structure for the new line of perfumes.

What should you do first?

Options:

A.

Create a procurement category hierarchy.

B.

Create a new product with racking dimensions.

C.

Create a new product with storage dimensions.

D.

Create product configurations.

E.

Set up a new product master and implement serial tracking.

Question 38

You need to address the inventory costing requirements.

What are two possible ways to achieve the goal? Each answer represents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Use FIFO with marking.

B.

Create purchase orders from sales orders.

C.

Set up commodity pricing.

D.

Create a costing version.

E.

Set up a costing sheet.

Question 39

You need to configure the system to support the pottery line.

What should you do first?

Options:

A.

Set up a new product with product configuration.

B.

Create a new product with tracking dimensions.

C.

Create a new product master with pre-defined product variants.

D.

Create a new product with storage dimensions.

Question 40

You need to configure the system to meet the item testing requirements.

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

NOTE: Each correct selection is worth one point.

Options:

Question 41

You need to configure settlement reports for the finance team.

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

NOTE: Each correct selection is worth one point.

Options:

Question 42

You need to configure the system to meet the metric requirement for sales representatives.

How should you configure the system? To answer, drag the appropriate entities to the correct requirements. Each entity 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:

Question 43

You need to configure the system to meet the inventory team cost control requirement.

Which processes should you run? To answer, drag the appropriate processes to the correct requirements. 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:

Question 44

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.

Question 45

You need to identify the cause for the inventory issue reported by customer service representatives.

What is the root cause?

Options:

A.

Run inventory close process.

B.

Ordered reserved box should be checked, this will disable quantities.

C.

Turn on automatic reservation.

D.

Ordered reserved quantity is due to marking.

E.

Turn off automatic reservation.

Question 46

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:

Question 47

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

Question 48

You need to complete the shipments.

What should you do?

Options:

A.

Create work for printing shipping documents and send an ASN.

B.

Confirm the load, generate picking lists, and send an ASN.

C.

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

D.

Confirm shipments and generate picking lists and bills of lading.

Question 49

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.

Question 50

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:

Question 51

You need to configure the replenishment of the bicycle parts.

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

NOTE: Each correct selection is worth one point.

Options:

Question 52

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

Question 53

You need to ensure that a customer can verify that a bike they purchased has passed the 21-point inspection.

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

NOTE: Each correct selection is worth one point.

Options:

Question 54

You need to implement the master planning solution for Adventure Works.

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

NOTE: Each correct selection is worth one point.

Options:

Question 55

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

Question 56

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

Question 57

You need to configure the bike properties based on the requirements.

Which configuration 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:

Question 58

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

Question 59

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:

Question 60

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:

Question 61

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:

Question 62

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 VendorA.

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.

Question 63

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:

Question 64

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:

Demo: 64 questions
Total 360 questions