Finance and Operations D365 81204AE

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You are a purchasing agent. You have agreed on a purchase price with a supplier and create a purchase agreement.
Which two tasks can you perform with the purchase agreement? Each correct answer presents part of the solution.

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Item model groups allow users to define which of the following? (Select all that apply)

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Item groups can be used to associate items with the same posting profile together.

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An item group must be specified on the item before the item can be used in transactions.

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Which of the following options are valid to describe tracking dimensions? (Select all that apply)

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Serial number is a valid storage dimension group.

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Product dimensions allow for the creation of different product variants based on configuration, color, size or style.

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Select the following statements that are true. (Select all that apply)

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Released products contains the products available for a legal entity to transact upon, this list can be different across legal entities.

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A Site is a grouping of business resources such as a warehouse and production units.

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A single site can be shared by multiple legal entities.

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What are the three types of warehouses? (select all that apply)

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A warehouse can be associated to many sites.

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In the picking workbench profile, if the maximum orders field is left at zero, this assumes unlimited orders can be considered.

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Which of the following parameters is used in the box definition setup to account for packing material that may be added?

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When setting up inventory journals, which options are available in the Reservation drop-down list? (Select all that apply)

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Offsetting general ledger accounts are selected in a movement journal.

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Transfer journals should be used when in-transit inventory needs to be tracked.

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What will be generated when a Bill of Material journal is posted? (Select all that apply)

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Which of the following are true for counting journals? (Select all that apply)

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Which of the following does each warehouse item have? (Select all that apply)

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What information must be registered on each tag in a tag count? (Select all that apply)

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In what ways can inventory blocking be performed? (Select all that apply)

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During inventory blocking, what items can be included in the blocking?

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Fill in the blank: If the Registration requirements flag on the Item model group for an item is marked then the product must be registered prior to ________.

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Which of the following do transfer orders provide? (Select all that apply)

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Fill in the Blank: Transfer orders are used to move items between warehouse within the same _________.

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The Transfer orders form is used to process transfer orders that are manually created or to process orders that are created from firmed planned transfer orders generated by master scheduling.

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A transit warehouse must be set up for the ‘To” warehouse.

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Which of the following are ABC classification codes? (select all that apply)

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You cannot manually update ABC classification codes. The ABC classification periodic job must be run for the items’ classification codes to be updated.

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The Inventory aging report uses what algorithm to calculate how old inventory is?

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The inventory close process is a process of settling issue transactions with receipt transactions based on an item’s inventory valuation method. Where is the inventory valuation selected?

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An inventory recalculation will make adjustments but will not make settlements to inventory transactions.

81204AE: Configure and Manage Products and Inventory in Microsoft Dynamics 365 for Finance and Operations, Enterprise edition

Finance and Operations D365 81204AE

You are a purchasing agent. You have agreed on a purchase price with a supplier and create a purchase agreement. Which two tasks can you perform with the purchase agreement? Each correct answer presents part of the solution.

Item model groups allow users to define which of the following? (Select all that apply)

Item groups can be used to associate items with the same posting profile together.

An item group must be specified on the item before the item can be used in transactions.

Which of the following options are valid to describe tracking dimensions? (Select all that apply)

Serial number is a valid storage dimension group.

Product dimensions allow for the creation of different product variants based on configuration, color, size or style.

Select the following statements that are true. (Select all that apply)

Released products contains the products available for a legal entity to transact upon, this list can be different across legal entities.

A Site is a grouping of business resources such as a warehouse and production units.

A single site can be shared by multiple legal entities.

What are the three types of warehouses? (select all that apply)

A warehouse can be associated to many sites.

In the picking workbench profile, if the maximum orders field is left at zero, this assumes unlimited orders can be considered.

Which of the following parameters is used in the box definition setup to account for packing material that may be added?

When setting up inventory journals, which options are available in the Reservation drop-down list? (Select all that apply)

Offsetting general ledger accounts are selected in a movement journal.

Transfer journals should be used when in-transit inventory needs to be tracked.

What will be generated when a Bill of Material journal is posted? (Select all that apply)

Which of the following are true for counting journals? (Select all that apply)

You are a purchasing agent. You have agreed on a purchase price with a supplier and create a purchase agreement.
Which two tasks can you perform with the purchase agreement? Each correct answer presents part of the solution.