- (Exam Topic 4)
You are a functional consultant for a company named Contoso Entertainment System USA (USMF).
You need to configure a new quality process for item number M0017. The process must meet the following requirements:
Perform an impedance test on 100 percent of the units purchased.
Initiate the test after the product receipt is posted.
To complete this task, sign in to Dynamics 365 portal.
Solution:
Configure Item Sampling to specify 100 percent of the units.
Configure Quality Association to specify what test to run and configure the test to run after the receipt is posted.
Configure Item Sampling.
Go to Inventory management > Setup > Quality control > Item sampling.
Click New.
In the Item sampling field, type the name 100%.
In the Description field, type a value (100%).
In the Quantity specification field, select percent.
In the Value
Click Save. field, enter a number (100)
Close the page.
Configure a Quality Association
Go to Inventory management > Setup > Quality control > Quality associations.
Click New.
In the Reference type
field, selecPt urchase.
In the Item code
field, select Table.
In the Item
field, select the item M0017.
In the Event type
In the Execution
field, select Product Receipt. field, select After.
Expand or collapse the Specifications
section.
In the Test group
field, find and select the Impedance test.
Click Save.
Close the page.
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/tasks/set-up-quality-orders https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/enable-quality-management

Does this meet the goal?

1. A. Yes
2. B. No

Correct Answer: A

- (Exam Topic 1)
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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.

1. A. one default item group for all items
2. B. one item group each for perfume, ceramicware, and other goods
3. C. one FIFO item model group and one Standard item model group
4. D. one FIFO item group
5. E. one financial dimension for each item group

Correct Answer: BC

- (Exam Topic 4)
A company has several vendors who require 1099s.
You need to set up the vendors so that year-end reports can be correctly generated. What should you do? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

Solution:


Does this meet the goal?

1. A. Yes
2. B. No

Correct Answer: A

- (Exam Topic 4)
You are the materials manager at a distribution company.
You are responsible for setting up the ABC classification of all items as follows:
Class A materials represent 70 percent of the material value.
Class B materials represent 20 percent of the material value.
Class C materials represent 10 percent of the material value but are the most commonly used. You need to assign an ABC classification value model to all items using those values.
What should you do?

1. A. Run the ABC classification report
2. B. Run the ABC classification periodic task to update the value model for all items
3. C. Manually update the Value classification on the Released product record
4. D. Run the ABC classification periodic task to update the revenue model for all items

Correct Answer: B

- (Exam Topic 4)
A company has items in inventory with two costing methods: FIFO and Standard. The company needs to calculate the cost of all items at month end and provide a total inventory value to the finance department.
You need to determine the total value of inventory.
Which costing method requires running the inventory close?

1. A. FIFO and Standard Cost items
2. B. FIFO items only
3. C. LIFO, Moving Average, and Date Weighted Average items
4. D. Standard Cost items only

Correct Answer: B