Free Microsoft MB-330 Practice Test & Real Exam Questions
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.
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.
Correct Answer: A,D
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Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
A company plans to create purchase agreements in the system for specific vendors.
You need to select the correct purchase agreement types for each vendor.
Which purchase agreement types should you use? To answer, drag the appropriate purchase agreement types to the correct scenarios. Each purchase agreement 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.
You need to select the correct purchase agreement types for each vendor.
Which purchase agreement types should you use? To answer, drag the appropriate purchase agreement types to the correct scenarios. Each purchase agreement 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.
Correct Answer:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/purchase-agreements
A company uses Dynamics 365 Supply Chain Management to sell automobile tires.
The company sells different models of tires. Each model is available in different diameter sizes. The combination of a model and its diameter represents an individual stock keeping unit (SKU).
The manufacturer ' s suggested retail price (MSRP) and purchase prices can vary between variants. The purchase price for the variants will change over time, but the MSRP will never change once it is configured.
All price changes must be documented systematically. The MSRP must be the default selling price for the item if no other pricing is available.
The company sells different models of tires. Each model is available in different diameter sizes. The combination of a model and its diameter represents an individual stock keeping unit (SKU).
The manufacturer ' s suggested retail price (MSRP) and purchase prices can vary between variants. The purchase price for the variants will change over time, but the MSRP will never change once it is configured.
All price changes must be documented systematically. The MSRP must be the default selling price for the item if no other pricing is available.
Correct Answer:
Explanation:
A company plans to stock new items and value those items by using FIFO principle. The company has multiple sites set up. There are multiple warehouses for each site.
You must be able to view the value and quantity of these items at each warehouse.
You need to apply FIFO costing per warehouse.
How should you complete the costing setup? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
You must be able to view the value and quantity of these items at each warehouse.
You need to apply FIFO costing per warehouse.
How should you complete the costing setup? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
A company uses Dynamics 365 Supply Cham Management to manage procurement operations.
The company sources the majority o ' items from foreign vendors based in different countries/regions. Each country/region has different exporters. Exporter details for every shipment is required for compliance.
You need to report shipments by exporters
What should you configure?
The company sources the majority o ' items from foreign vendors based in different countries/regions. Each country/region has different exporters. Exporter details for every shipment is required for compliance.
You need to report shipments by exporters
What should you configure?
Correct Answer: A
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A company uses Dynamics 365 Supply Chain Management.
The company is consistently short on inventory for a group of produced finished good items. This creates customer service issues.
You need to ensure that production orders are automatically created when inventory is low.
Which two actions should you perform? Each answer represents a partial solution.
NOTE: Each correct selection is worth one point.
The company is consistently short on inventory for a group of produced finished good items. This creates customer service issues.
You need to ensure that production orders are automatically created when inventory is low.
Which two actions should you perform? Each answer represents a partial solution.
NOTE: Each correct selection is worth one point.
Correct Answer: B,D
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A company is implementing the Warehouse Management mobile app in Dynamics 365 Supply Chain Management.
The company requires menu items that allow workers to pause their current task and return to the task after another task is done.
You need to set up the menu items in the mobile app.
What should you do?
The company requires menu items that allow workers to pause their current task and return to the task after another task is done.
You need to set up the menu items in the mobile app.
What should you do?
Correct Answer: B
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:115
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: Use the automatically calculated royalty amounts to approve and then create a monthly claim to pay the vendor.
Doss the solution meet the goal?
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: Use the automatically calculated royalty amounts to approve and then create a monthly claim to pay the vendor.
Doss the solution meet the goal?
Correct Answer: A
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Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
A company must set up replenishment of inventory using vendor-owned consignment inventory.
You need to create the replenishment order.
How should you complete the replenishment order? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
You need to create the replenishment order.
How should you complete the replenishment order? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/inventory/tasks/create- consignment-replenishment-order
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.
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.
Correct Answer:
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/inventory-close
Topic 1, Wide World Importers
This is a case study, Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the Next button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements, if the case study has an All Information tab. note that the information displayed is identical to the information displayed on the subsequent tabs. When you ate ready to answer a question, click the Question button to return to the question.
Background
Wide World importers is a distribution company whose primary customers are small boutique shape which sell globally-sourced products including unique or hand-crafted items such as performs and ceramicware.
Through the Wide World Importers sales cycles, the commissions-based sales team identifies opportunities and negotiates with shops by using a quoting process. The products may or may not already exist in the company ' s current product list.
The company has the following divisions and areas of responsibility:
Current environment
Wide World Importers use Dynamics 365 Finance and Dynamics 365 Supply Chain Management There is a single legal entity.
The primary distribution center for the company is located Las Vegas. Nevada, USA There is an additional warehouse in California which receives imported goods from container ships. When goods are received in California, the goods are transferred to Nevada for distribution. No orders are shipped directly from California.
Sales
The company has two teams of sale representatives East and West. Each team has one representative for each of the following categories of goods; perfumes, ceramicware ano ail other goods. Sales representatives are paid commissions based on sales Commissions must be paid based on the home office location for customers.
For example, commission for a customer that is headquartered in the Western United States is paid to the West group of sales representatives.
Sales representatives are responsible for driving new business. Company executives must be able to see metrics define the companies that the sales representatives are targeting, where there is potential to do business, and where quotes are being generated. Customer records must not be created until a sale is confirmed.
The sales team quoted a new perfume for a customer named Customer1. The customer has shipping locations in the following regions. United States, Austria. and Japan. Sales must only be made to the US and Japan due to product ingredients. Automated checks must be put into place so that users do not have to remember to select the correct item.
Testing
The company periodically performs testing on ceramicware as it is received to determine whether the products contain lead The company labels and markets ceramicware as Lead Free or Not for food use Perfumes may contain restricted ingredients that cannot be sold to customers in the European Union. The company performs testing on perfumes and has processes to ensure that perfumes containing restricted ingredients are not sold to customers in Europe.
Ten percent of all ceramiavare items received must be tested for lead. The process for managing testing must be automated. There must be tolerances setup that define the acceptable amount of lead levels in a product.
Inventory management
The inventory team must control costing of items by using FIFO principles. The finance team must be able to see updated FIFO adjustments throughout the month but win only settle FIFO for month-end reporting Inventory close must lie run at the end of each month. A report must be provided to the finance team that includes the physical quantities and inventory value for items, with totals at the bottom. The warehouse team needs a similar report but does not want the inventory value included. During inventory close, some items cannot be fully costed because the issue cannot be settled against the receipt. The finance team must know which items were excluded.
Other inventory requirements
* Inventory must be reserved against physical inventory.
* Items must be grouped so that the inventory costing can posted to the ledger by using the following groups:
perfumes, ceramicware. other goods. All goods are FIFO. Financial reports must be grouped by these three categories, even the transactions from all categories posts to the same ledger accounts.
* Wide World Importers plans to import a specific type of pottery from a local company in Mexico that handmakes the goods. The pottery must be available in orange of red colors. The cost is the same regardless of the color selection.
* A new line of perfumes is being introduced. The procurement team must be able to identify which perfumes are men s or women ' s fragrances, and must be able to further categorize perfumes as Perfume. Eau de Perfume, Eau de Toilette. Eau de Cologne, or Eau Fraiche.
* You must set up a structure of products for classifying each item for purchase, sales and reporting analysis Issue Customer service representatives report that some inventory shows as ordered reserved when the ordered reserved parameter is turned off.
An item that is typically carried is out of stock. A stock. A customer named Customer2 wants to place a special rush order for the item. This will result in a significantly increased cost from the supplier. The finance team does not want to have this special order affected the FIFO tiers.
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?
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?
Correct Answer: C
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Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
You are a functional consultant for a company named Contoso Entertainment System USA (USMF).
You need to generate a requisition for the supply of 50 units of a product named Lifecam HD 5000, and then submit the requisition for approval.
To complete this task, sign in to Dynamics 365 portal.
You need to generate a requisition for the supply of 50 units of a product named Lifecam HD 5000, and then submit the requisition for approval.
To complete this task, sign in to Dynamics 365 portal.
Correct Answer:
See explanation below.
Explanation:
Create a new requisition
Go to Navigation pane > Modules > Procurement and sourcing > Purchase requisitions > Purchase requisitions prepared by me.
Select New.
In the Name field, give the requisition a name.
In the Requested date field, enter a date.
In the Accounting date field, enter a date. Select OK.
In the Reason field, select an option from the drop-down menu. Select the reason.
In the details field enter a more descriptive justification for the requisition.
Add a line to the requisition
Select Add line. There are two ways of adding lines to the purchase requisition. If you already know the product number or you already know that you are requesting a product that is not in the product catalog, then you can add the line directly with Add line. The other way is to use Add products where you can use searching and filtering to find items in the product catalog.
Select the row you just created.
In the Item number field, type a value. The items that are available for you to choose are limited by the category access policy and the procurement catalog for the buying legal entity.
In the Quantity field, enter a number.
Submit the requisition
Select Workflow to open the drop dialog.
Select Submit.
Close the page.
In the Comment field, type a note for the approver of the requisition.
Select Submit.
Close the page.
Refresh the page.
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/tasks/create-requisition- consumption
Explanation:
Create a new requisition
Go to Navigation pane > Modules > Procurement and sourcing > Purchase requisitions > Purchase requisitions prepared by me.
Select New.
In the Name field, give the requisition a name.
In the Requested date field, enter a date.
In the Accounting date field, enter a date. Select OK.
In the Reason field, select an option from the drop-down menu. Select the reason.
In the details field enter a more descriptive justification for the requisition.
Add a line to the requisition
Select Add line. There are two ways of adding lines to the purchase requisition. If you already know the product number or you already know that you are requesting a product that is not in the product catalog, then you can add the line directly with Add line. The other way is to use Add products where you can use searching and filtering to find items in the product catalog.
Select the row you just created.
In the Item number field, type a value. The items that are available for you to choose are limited by the category access policy and the procurement catalog for the buying legal entity.
In the Quantity field, enter a number.
Submit the requisition
Select Workflow to open the drop dialog.
Select Submit.
Close the page.
In the Comment field, type a note for the approver of the requisition.
Select Submit.
Close the page.
Refresh the page.
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/tasks/create-requisition- consumption
