Quiz
Finance and Operations D365 81204AE
Questions in this quiz (34)
1You 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.- ACreate a release order when no commitment is defined for quantity of a product.
- BCreate purchase agreement lines based on quality or weight.
- CDefine a validity period for the purchase agreement.
- DPlace purchase agreement on hold during the ordering process.
2Item model groups allow users to define which of the following? (Select all that apply)
- AIf an item is stocked or non-stocked
- BThe costing method
- CWhat sites the item is available for sale in
- DThe reservation type
3Item groups can be used to associate items with the same posting profile together.
- ATrue
- BFalse
4An item group must be specified on the item before the item can be used in transactions.
- ATrue
- BFalse
5Which of the following options are valid to describe tracking dimensions? (Select all that apply)
- ATracking dimensions are company specific
- BItems can have multiple tracking dimensions
- CIt is possible to allow blank receipts and blank issues on storage dimension groups
- DThe tracking dimensions can be unique for each warehouse
6Serial number is a valid storage dimension group.
- ATrue
- BFalse
7Product dimensions allow for the creation of different product variants based on configuration, color, size or style.
- ATrue
- BFalse
8Select the following statements that are true. (Select all that apply)
- AThe owner dimension is used for consignment inventory
- BThe owner dimension is a storage group dimension
- CThe owner dimension is used for subcontracting in production
- DThe owner dimension can be used with the vendor portal
9Released products contains the products available for a legal entity to transact upon, this list can be different across legal entities.
- ATrue
- BFalse
10A Site is a grouping of business resources such as a warehouse and production units.
- ATrue
- BFalse
11A single site can be shared by multiple legal entities.
- ATrue
- BFalse
12What are the three types of warehouses? (select all that apply)
- ATransit
- BQuarantine
- CStorage
- DDefault
13A warehouse can be associated to many sites.
- ATrue
- BFalse
14In the picking workbench profile, if the maximum orders field is left at zero, this assumes unlimited orders can be considered.
- ATrue
- BFalse
15Which of the following parameters is used in the box definition setup to account for packing material that may be added?
- AWeight limit
- BHeight
- CDepth
- DMaximum utilization
16When setting up inventory journals, which options are available in the Reservation drop-down list? (Select all that apply)
- AExplosion
- BManual
- CAutomatic
- DOn order
17Offsetting general ledger accounts are selected in a movement journal.
- ATrue
- BFalse
18Transfer journals should be used when in-transit inventory needs to be tracked.
- ATrue
- BFalse
19What will be generated when a Bill of Material journal is posted? (Select all that apply)
- AAn inventory receipt of the produced product
- BAn inventory purchase request
- CAn inventory issue of the used products
- DAn inventory replacement request
20Which of the following are true for counting journals? (Select all that apply)
- ADisplay the current on-hand for an item or groups of items.
- BAllow the user to post inventory counts and make the necessary adjustments to reconcile the inventory.
- CAllow the user to select the ledger account on each line to post the corrections to.
21Which of the following does each warehouse item have? (Select all that apply)
- ACounting group
- BInventory dimension
- CInventory level
- DTransfer locations
22What information must be registered on each tag in a tag count? (Select all that apply)
- AThe tag number
- BThe batch number
- CThe item number
- DThe item quantity
23In what ways can inventory blocking be performed? (Select all that apply)
- APeriodic job
- BManually
- CBy creating a quality order
- DBy using a process that generates a quality order
24During inventory blocking, what items can be included in the blocking?
- AInventory items on hand
- BInventory items on order and on hand
- CInventory items on hand and in transit
- DInventory items within the system
25Fill 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 ________.
- AShipment
- BInvoicing
- CArrival
- DReceipt
26Which of the following do transfer orders provide? (Select all that apply)
- AThe ability to transfer items across legal entities
- BThe ability to specify a transport time for items
- CThe ability to specify items that do not need to be received the same day as they are shipped
- DThe ability to track item progress through the on-hand inventory for the transit warehouse
27Fill in the Blank: Transfer orders are used to move items between warehouse within the same _________.
- ALegal entity
- BSite
- CDivision
- DGeographical area
28The 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.
- ATrue
- BFalse
29A transit warehouse must be set up for the ‘To” warehouse.
- ATrue
- BFalse
30Which of the following are ABC classification codes? (select all that apply)
- ARevenue
- BInventory
- CCarry cost
- DMargin
31You cannot manually update ABC classification codes. The ABC classification periodic job must be run for the items’ classification codes to be updated.
- ATrue
- BFalse
32The Inventory aging report uses what algorithm to calculate how old inventory is?
- AFIFO
- BLIFO
- CFILO
- DLILO
33The 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?
- AItem group
- BStorage dimension group
- CTracking dimension group
- DItem model group
34An inventory recalculation will make adjustments but will not make settlements to inventory transactions.
- ATrue
- BFalse
Information
- Description
- 81204AE: Configure and Manage Products and Inventory in Microsoft Dynamics 365 for Finance and Operations, Enterprise edition
- Author
- Martha Pérez
- Language
- Español
- Views
- 93
- Rating
- No ratings yet Rate this quiz