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Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) Questions and Answers

Question 1

A company plans to use Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

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Question 2

A company plans to implement enterprise asset management by using Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 3

A company implements Dynamics 365 Supply Chain Management. The company plans to use maintenance work orders.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 4

A company implements Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 5

An international services company is implementing Dynamics 365 Finance. You need to help the implementation team set up the app.

What must be created and configured first?

Options:

A.

Business unit

B.

Chart of accounts

C.

Project

D.

Legal entity

Question 6

A company uses Dynamics 365 Finance and Power BI. The company plans to analyze operational data for retail stores that they operate across the United States.

The company wants to analyze customer visit data based on the population in the areas where stores are located.

You need to recommend a Power BI visualization for the company.

Which Power BI visualization should you recommend?

Options:

A.

Basic maps

B.

Doughnut chart

C.

Bar chart

Question 7

A trading company is implementing Dynamics 365 Finance. The accounts payable department processes a large volume of invoices

daily.

The accounts payable manager notices discrepancies in invoices for certain types of purchases. The manager must improve invoice processing time and avoid discrepancies based on the purchase type.

You need to recommend invoice line matching policies that have an acceptable tolerance level.

Which invoice line matching policies should you recommend? To answer, drag the appropriate policies to the correct requirements. Each policy may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 8

A company uses Dynamics 365 Finance to manage financial operations.

The financial controller needs to present key performance indicators (KPIs) to the executive committee.

You need to determine the appropriate reporting tool to present this information.

Which reporting option should you use?

Options:

A.

Business documents

B.

Analytical workspace tab

C.

Electronic reporting

D.

Operational views

Question 9

Which two modules are included in Dynamics 365 Supply Chain Management? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Product information management

B.

Project management and accounting

C.

Service hub

D.

Dynamics 365 Remote Assist

E.

Master planning

Question 10

A company uses Dynamics 36S Human Resources. The company establishes a new department and hires employees to staff the department. The company wants to manage annual employee reviews.

What are two capabilities of Dynamics 365 Human Resources performance management? Each correct answer presents a part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Personnel actions

B.

Competencies

C.

Performance journals

D.

Goals

Question 11

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 12

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 13

A company plans to implement Dynamics 365 Supply Chain Management.

Which three actions can vendors perform? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Change the inventory cost of items.

B.

Submit invoices electronically.

C.

Create transfer orders.

D.

Approve purchase orders.

E.

Respond to a request for quote (RFQ).

Question 14

A company uses Dynamics 365 Finance to manage accounts receivable.

Customers send sales order details through email.

You must store sales order detail emails in Microsoft SharePoint Online.

You need to identify the correct feature to store the emails.

Which feature should you recommend? To answer select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 15

A retailer sells products by using an e-commerce site, brick and mortar stores, and phone sales. Different processes are used for each type of order source.

You need to ensure that you can support each type of sale. What should you recommend?

Options:

A.

case management and loyalty programs

B.

a mobile app and online sales

C.

a retail store, an online store, and a call center

D.

a mobile app and a credit card gateway

Question 16

A company plans to use Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE Each correct selection is worth one point.

Options:

Question 17

A company plans to use Dynamics 365 Supply Chain Management. Match each inventory management function/technique to its use case.

To answer, drag the appropriate inventory management function/technique from the column on the left to its use case on the right. Each inventory management function/technique may be used once, more than once, or not at all.

NOTE: Each correct match is worth one point.

Options:

Question 18

You are evaluating expense management capabilities in Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 19

A company uses Dynamics 365 Finance.

A manager reviews a free text invoice. The manager observes that the tax amount and total invoice charges are inaccurate.

You need to change the free text invoice so the tax and charge are accurate.

Which functionalities should you use? To answer, drag the appropriate functionalities to the correct requirements. Each functionality may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 20

A company plans to purchase Dynamics 365 Finance.

The company has customers who frequently pay their invoices late or do not pay at all. The company continues to sell to these customers. This creates large write-offs of bad debt.

The company needs to proactively communicate with customers, collect unpaid accounts receivables, and prevent new sales until past due invoices are paid.

You need to recommend solutions to facilitate communication and collections.

Which three options should you recommend? Each answer represents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Open sales orders report

B.

Payment journals

C.

Stop customer

D.

Customer statements

E.

Collection letter

Question 21

A customer wants to implement Dynamics 365 Human Resources to manage employee benefits. For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 22

A company plans to implement Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 23

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Hot Area:

Options:

Question 24

A company using Dynamics 365 Finance has determined they have been paying for products they did not receive.

You need to recommend a solution to prevent this from happening in the future. What should you recommend?

Options:

A.

Implement Accounts payable invoice matching.

B.

Activate change management.

C.

Implement Accounts receivable for three-way matching.

D.

Use the Vendor portal.

Question 25

A company is evaluating the functionality of Dynamics 365 finance and operations apps.

The company wants to display multiple master data records to add, delete, and update the data.

You need to recommend the type of form to use to display the master data.

Which form type should you recommend?

Options:

A.

list

B.

FastTab

C.

parameters

D.

details

Question 26

A company plans to implement Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 27

A company is implementing Dynamics 365 Finance.

The company must create the structure that provides a breakdown by subcategories of all the company financial transactions by accounting period. Only one structure is requited per legal entity.

You need to configure the structure.

What should you use?

Options:

A.

chart of accounts

B.

general journal

C.

ledger

D.

company

Question 28

A company implements Dynamics 365 Finance.

Which two components can you use to create a financial dimension set? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Derived dimension

B.

Financial dimension

C.

Main account

D.

Account structure

Question 29

A company uses Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 30

A company uses Dynamics 365 Finance.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 31

A company uses Dynamics 36S Finance.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 32

A company plans to implement Dynamics 365 Project Operations. You need to recommend a capability that meets each requirement.

Which capability should you recommend? To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 33

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

Options:

Question 34

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 35

A company plans to implement Dynamics 365 Finance. The company wants to be able to perform the following actions:

Calculate aged balances by customer.

Create customer invoices that are not related to sales orders.

You need to explore accounting solutions for these business requirements.

What should you recommend? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 36

A company uses Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 37

A company implements Dynamics 365 Supply Chain Management.

The company needs to use inventory journals to post different types of physical inventory transactions.

Match each type of inventory journal to its use case. To answer, drag the appropriate type of inventory journal from the column on the left to its use case on the right. Each type of inventory journal may be used once, more than once, or not at all.

NOTE: Each correct match is worth one point.

Options:

Question 38

For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Options:

Question 39

A company plans to implement Dynamics 365 Supply Chain Management. Match each manufacturing strategy to its definition.

To answer, drag the appropriate manufacturing strategy from the column on the left to its definition on the right. Each manufacturing strategy may be used once, more than once, or not at all.

NOTE: Each correct selection is worth one point.

Options:

Question 40

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 41

A company implements Dynamics 365 Supply Chain Management. The company uses external vendors to produce some parts.

You need to recommend actions to manage vendor operations.

Which three actions should you recommend? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Update the status of production order operations that are subcontracted to Completed when the vendor's work is done.

B.

Create an operation for the subcontractor to track the progress of the vendor's work.

C.

Assign each operation in a production order to multiple vendors.

D.

Ensure that each production order relates to a single vendor.

E.

Automatically generate purchase orders for operations that you subcontract to a vendor.

Question 42

A company uses Dynamics 365 Supply Chain Management You run a trace on raw materials. Which two types of products can you see in the trace output? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

By-products

B.

Non-stocked items

C.

Finished products

D.

Co-products

Question 43

A company is implementing expense management capabilities in Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Hot Area:

Options:

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Total 146 questions