Microsoft Dynamics 365 Supply Chain Management

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Question 1 of 454

You are setting up Dynamics 365 Supply Chain Management for a client.

The client plans to add several items to the Dynamics 365 Supply Chain Management system.

You are required to ensure that the client can configure the items as either company owned or consignment when the client creates the items.

Which two of the following actions should you take?

NOTE: Each correct answer is worth one point.

Answer

Suggested Answer

The suggested answer is B, D.

To ensure that items can be configured as either company-owned or consignment, you should enable the owner dimension to differentiate ownership and allocate a standard costing inventory model as the consignment process typically requires this costing method.

Community Votes17 votes
BDSuggested
76%
BC
12%
AB
6%
B
6%
Question 2 of 454

Your company uses a Dynamics 365 Supply Chain Management system.

You have been tasked with configuring an agreement that gives clients a specified discount per unit if they buy a certain amount of a particular item.

The parameters are as follows:

  • 51 to 100 " 10 %/unit
  • 101 and more " 15 %/unit

You configure a purchase agreement.

Does the action achieve your objective?

Answer

Suggested Answer

The suggested answer is B.

The task requires creating a sales agreement to offer discounts to clients based on the quantity they purchase. A purchase agreement pertains to arrangements with suppliers, not clients. Therefore, configuring a purchase agreement does not achieve the objective of giving discounts to clients based on their purchase quantity.

Community Votes6 votes
BSuggested
83%
A
17%
Question 3 of 454

Your company uses a Dynamics 365 Supply Chain Management system.

You have been tasked with configuring an agreement that gives clients a specified discount per unit if they buy a certain amount of a particular item.

  • 51 to 100 " 10 %/unit
  • 101 and more " 15 %/unit

You configure a sales agreement.

Does the action achieve your objective?

Answer

Suggested Answer

The suggested answer is B.

A sales agreement in Dynamics 365 Supply Chain Management involves commitments to buy specific goods under defined terms over a certain period. Given that the scenario describes conditional discounts based on quantities purchased, which is characteristic of a trade agreement rather than a sales agreement, the action described does not achieve the objective. Therefore, configuring a sales agreement is not the correct approach; a trade agreement is required to set up discounts based on purchase quantities.

Community Votes2 votes
BSuggested
100%
Question 4 of 454

Your company uses a Dynamics 365 Supply Chain Management system.

You have been tasked with configuring an agreement that gives clients a specified discount per unit if they buy a certain amount of a particular item.

  • 51 to 100 `" 10 %/unit
  • 101 and more `" 15 %/unit

You configure a trade agreement.

Does the action achieve your objective?

Answer

Suggested Answer

The suggested answer is A.

Configuring a trade agreement in Dynamics 365 Supply Chain Management is appropriate for setting discounts based on purchase quantities. The parameters specified, such as giving a 10% discount per unit for quantities between 51 and 100, and a 15% discount per unit for quantities above 101, can be achieved using a trade agreement. Thus, the action achieves the objective.

Community Votes5 votes
ASuggested
80%
B
20%
Question 5 of 454

Your company recently implemented a Dynamics 365 Supply Chain Management system.

You are currently configuring costing methods for items in inventory. You need to make use of a method normally used for items that have a limited shelf life.

Which of the following is the costing method you should use?

Answer

Suggested Answer

The suggested answer is B.

The appropriate costing method for items with a limited shelf life is FIFO (First In, First Out). This method ensures that the items that are stocked first are sold or used first. This is important for inventory management of items that can expire or deteriorate over time, as it helps to reduce waste and ensure the freshest items are used or sold first.

Community Votes5 votes
BSuggested
100%

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