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Free MB-700 Exam Braindumps (page: 13)

Page 12 of 77
PDF with 305 Questions

A company with multiple legal entities implements Dynamics 365 Finance.

You need to recommend options to ensure that you can provide customized financial reporting across the legal entities.

What are two possible ways to achieve the goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

  1. Create separate departments to manage functional areas.
  2. Create separate business units.
  3. Create separate cost centers to manage operations.
  4. Create separate value streams for item management.

Answer(s): B,C

Explanation:

Operating units
An operating unit is an organization that is used to divide the control of economic resources and operational processes in a business. People in an operating unit have a duty to maximize the use of scarce resources, improve processes, and account for their performance.

The operating units in finance and operations apps are:
(B) Business unit - A semi-autonomous operating unit that is created to meet strategic business objectives. It is used for financial reporting that is based on industries or product lines that the organization serves independently of legal entities.

(C) Cost center - An operating unit in which managers are accountable for budgeted and actual expenditures. It is used for the management and operational control of business processes that span legal entities.

Incorrect:
Department - An operating unit that represents a category or functional part of an organization that performs a specific task, such as sales or accounting. It is used to report on functional areas. A department can have profit and loss responsibility and consist of a group of cost centers.

Value stream- An operating unit that controls one or more production flows. It is commonly used in lean manufacturing to control the activities and flows that are required to supply a product or service to consumers.

EtC.


Reference:

https://learn.microsoft.com/en-us/training/modules/plan-implement-legal-entities-finance-operations/4-org-hier-units



HOTSPOT (Drag and Drop is not supported)
A company implements Dynamics 365 Finance.

A sales order confirmation report does not meet the company's branding standards. The report must include header notes and a colorful logo.

You must enable modern design for additional reports created by users in the future.

You need to meet the branding standards and enable additional forms and reports to be created by users.

What should you use? To answer, select the appropriate options in the answer areA.
NOTE: Each correct selection is worth one point.

  1. See Explanation section for answer.

Answer(s): A

Explanation:



Box 1: Modern reports branding details
Modern report designs in Microsoft Dynamics 365 for Finance and Operations .’
The logos, color schemes, and notes are setup in “Organization administration”–>”Setup”–>”Document branding”–>”Branding details”.

Box 2: Business document management
Business document management is built on top of the ER framework and enables business users to edit business document templates by using Microsoft 365 service or appropriate Microsoft Office desktop application. Edits to the documents might include changing business document designs and adding placeholders for additional data without source code changes and new deployments. No knowledge of the ER framework is required to update templates of business documents.

Note:
Business users use the Electronic reporting (ER) framework to configure formats for outbound documents in accordance with the legal requirements of various countries/regions. Users can also define the dataflow to specify what application data is placed in generated documents. The ER framework generates outbound documents in Microsoft Office formats (Excel workbooks or Word documents) by using predefined templates.


Reference:

https://dynamicconsulting.com/2019/02/27/modern-report-designs-in-microsoft-dynamics-365-for-finance-and-operations/
https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/analytics/er-business-document-management



HOTSPOT (Drag and Drop is not supported)
A company is implementing Dynamics 365 Finance and Dynamics 365 Supply Chain Management.

The company requires a new web solution for customer sales. The solution must include catch weight items and functionality to receive Advance Shipping Notices (ASNs) from its vendors.

You need to identify the solution for each requirement by using standard functionality where it exists.

Which solution should you choose for each requirement? To answer, select the appropriate options in the answer areA.

NOTE: Each correct selection is worth one point.

  1. See Explanation section for answer.

Answer(s): A

Explanation:



Box 1: Dynamics 365 Commerce
Dynamics 365 Commerce — built on the proven Dynamics 365 Retail capabilities — delivers a comprehensive omnichannel solution that unifies back-office, in-store, call center, and digital experiences.

This release enables the creation of digital experiences using built-in web authoring and development tools to produce engaging and intelligent digital storefronts. A connected marketing and headless commerce platform further enable the seamless management of content, assets, promotions, inventory, and pricing across all channels.

* Everything to build and run digital commerce: Streamline your business and end-to-end commerce solution that scales to your needs across traditional and emerging channels. Built-in web authoring and development tools enable you to create engaging intelligent digital storefronts, while a connected marketing and headless commerce platform enables seamless management of content, assets, promotions, inventory, and pricing across channels.

* EtC.

Box 2: Microsoft Dynamics 365 Supply Chain Management
Microsoft Dynamics 365 Supply Chain Management provides two different modules for working with transportation, Transportation management (TMS) and Landed cost.

Both TMS and Landed cost provide functionality for managing the receipt of goods in a container. TMS uses the concept of loads to manage the goods, purchase orders, and transfer orders that are associated with a shipment container. TMS supports receiving on the basis of a packaging structure that is received through an advance shipping notice (ASN). Landed cost uses the concept of shipping containers to process purchase orders and control overhead costs that are associated with a container on a vessel.


Reference:

https://learn.microsoft.com/en-us/dynamics365/commerce/
https://githuB. com/MicrosoftDocs/Dynamics-365-Unified-Operations-Public/blob/main/articles/supply-chain/landed-cost/landed-cost-vs-tms.md



DRAG DROP (Drag and Drop is not supported)
A company audits the security of its Dynamics 365 Supply Chain Management environment.
The security administrator must identify the following details:

-The security roles that have access to the budget plan form.
-The duties that grant access to the form.

You need to recommend auditing tools to meet the requirements.

Which tools should you recommend? To answer, drag the appropriate tools to the correct requirements. Each tool 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.

  1. See Explanation section for answer.

Answer(s): A

Explanation:



Box 1: Segregation of duties rules form
The security roles that have access to the budget plan form.

Set up segregation of duties
You can set up rules to separate tasks that must be performed by different users. This concept is named segregation of duties. For example, you might not want the same person to acknowledge the receipt of goods and to process payment to the vendor. Segregation of duties helps you reduce the risk of fraud, and it also helps you detect errors or irregularities. You can also use segregation of duties to enforce internal control policies.

Box 2: Security diagnostics tool
The duties that grant access to the form.

Security Diagnostics for Dynamics 365 Finance & Operations
When you want to analyze user security rights or permissions, you can use the security diagnostics tool with task recordings in Dynamics 365 Finance & Operations.

This tool is useful when you need to review user security, analyze why a user does not have the desired access, or tailor security to a specific organization.

Incorrect:
* Form information form

* Security duty assignments report
The Security duty assignments report provides a view of all the duties contained within a role.


Reference:

https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/sysadmin/tasks/set-up-segregation-duties
https://www.encorebusiness.com/blog/security-diagnostics-task-recorder-d365fo/






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