You are configuring a new vendor in Dynamics 365 SCM. Which mandatory field must you fill to complete setup?
AVendor name
BPayment terms
CPurchase order limits
DVendor category
Explanation
The vendor name is essential for setup; other fields are optional or supplementary.
Q112
Which inventory valuation method uses the most recent costs for valuation?
AFIFO
BLIFO
CWeighted Average
DMoving Average
Explanation
LIFO uses the latest costs while FIFO uses the oldest.
Q113
A company needs to ensure compliance with specific industry standards for data handling in Dynamics 365 Supply Chain Management. Which feature should they enable?
ABusiness Process Flows
BData Policies
CCustom Approval Workflows
DCompliance Centers
Explanation
Data Policies help enforce compliance with regulations.
Q114
You are configuring product dimensions for a new item. What happens if you select 'Storage Dimension' as mandatory?
AOnly storage dimensions are displayed
BNo other dimensions can be used
CAll transactions require a storage dimension
DProduct cannot be stored without dimensions
Explanation
If 'Storage Dimension' is mandatory, transactions will require it.
Q115
Which module in Dynamics 365 is primarily used for managing inventory receipts?
AInventory Management
BFinance
CSales Order Processing
DProduct Information Management
Explanation
Inventory Management specifically handles inventory receipts, while others focus on different functionalities.
Q116
A company needs to automate the process of approving purchase requisitions. Which feature should they utilize?
APurchase Agreement
BWorkflow
CData Management
DInventory Control
Explanation
Workflows automate approval processes; the other options do not target this function directly.
Q117
What happens when a stock item is set to 'Discontinued' in Dynamics 365?
AItem is deleted from records
BItem cannot be stocked or sold
CItem is marked for future use
DItem remains available for sales
Explanation
Setting an item to 'Discontinued' prevents it from being stocked or sold, while other options misrepresent its status or functionality.
Q118
Which feature in Dynamics 365 SCM helps manage inventory levels effectively?
AAutomated replenishment
BData Lake Integration
CPower BI Reporting
DPayment Processing
Explanation
Automated replenishment triggers orders based on inventory levels; the others do not specifically manage inventory.
Q119
A company needs to track production orders based on dynamic variables like machine availability. What functionality should they implement?
AStructured Bill of Materials
BMaster Plan
CProduction Parameters
DEnvironment Variables
Explanation
Production Parameters allow for tracking based on various dynamics, while others are not as adaptive.
Q120
What happens when you define a vendor relationship as 'Approved' but leave payment terms unset?
AAutomatic payment processing will fail
BVendor poaching will occur
CNo impact on vendor operations
DCan lead to delayed payments
Explanation
Unset payment terms can cause payment delays, while the other options are either incorrect or misleading.