Free MB-700 Exam Braindumps (page: 15)

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DRAG DROP (Drag and Drop is not supported)
A company plans to implement Dynamics 365 Finance.

The company requires the following:

-The ability to detail project plan milestones and associated tasks to track progress.
-A repository of step-by-step user guides to assist users in performing system tasks.

You need to recommend Lifecycle Services (LCS) 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: Lifecycle Services (LCS) methodologies
The ability to detail project plan milestones and associated tasks to track progress.

Milestones
High-level milestones must be defined for a project. Milestones can help you track the deliverables that must be completed and your progress toward the milestone goals. Color indicators help you quickly learn whether you're behind schedule. For example, in the following screenshot, the milestones are yellow. To enter or update the milestone dates, click the diamond shape in the methodology, and then click the Edit button (pencil icon). You can change milestone dates at any time.



When you've finished entering milestones, the Publish plan and milestone task opens, and you can mark it as completeD.



Box 2: Business process modeler
A repository of step-by-step user guides to assist users in performing system tasks

Business process modeler (BPM) in Microsoft Dynamics Lifecycle Services (LCS) is a tool that you can use to create, view, and modify repeatable implementations that are based on business process libraries. BPM helps you align your business processes with industry-standard processes that are described by the American Productivity & Quality Center (APQC). You can perform fit-gap analysis between your business requirements and the default processes in finance and operations apps. Additionally, you can add new business processes that aren't already defineD.


Reference:

https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/lifecycle-services/lcs-works-lcs#milestones
https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/lifecycle-services/bpm-overview



A company uses the vendor collaboration functionality within Dynamics 365 Supply Chain Management.

You must grant an external vendor permission to collaborate with the company. The system must send the vendor an invitation email.

Emails must be sent to work email addresses only.

You need to configure user access.

Which two actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

  1. Create a new Azure Active Directory tenant.
  2. Set up separation of duties.
  3. Provision a vendor user.
  4. Assign user roles.

Answer(s): C,D

Explanation:

Set up vendor collaboration security roles
A procurement professional or a vendor that has enough permissions can request that a contact person be provisioned as a user by enabling Provision vendor user on the contact person recorD. During the provisioning process, user permissions are selected for the new external user, and the new vendor user request is submitteD. It's important that you correctly set up the user permissions that are available for selection in the vendor user request. Otherwise, vendors might be granted access to information that they should not have access to in Supply Chain Management.

Set up the security roles that are available for selection when a new user request is used for a contact person
1. Select System administration > Security > External roles.
2. Select New, and then select a security role and the Vendor party role.
You might want to add the Vendor admin (external) and Vendor (external) roles that are provided in Supply Chain Management. Alternatively, you can use security roles that your company has createD.


Reference:

https://learn.microsoft.com/en-us/dynamics365/supply-chain/procurement/set-up-maintain-vendor-collaboration



A company is implementing Dynamics 365 Supply Chain Management. The company has a single tax reporting legal entity with three divisions.

Each division requires individual financial reports.

You need to define the setup to support the financial reporting requirement.

What are two possible ways to achieve this goal? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

  1. Create one company and configure operating units by business unit
  2. Create one company and configure operating units by department.
  3. Create four companies: one for each division and one for consolidation.
  4. Create one company and configure operating units by value stream.
  5. Create an organizational hierarchy and assign a team per division.

Answer(s): A,B

Explanation:

Operating units
In finance and operations apps, 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 types of operating units include cost centers, business units, value streams, departments, and commerce channels. Although operating units are optional in finance and operations apps, they're commonly used as financial dimensions.

Note: Business units
In customer engagement apps, a business unit is a logical grouping of related business activities.

Set up separate business units to reflect an organization of departments or divisions with separate products, customers, and marketing lists, for example. Business units are mapped to an organization's departments or divisions. Users can securely access data in their own business unit, but they can't access data in other business units.

Business units, security roles, and users are linked together in a way that conforms to the customer engagement apps role-based security model. Use business units together with security roles to control data access so people see just the information they need to do their jobs.

In finance and operations apps, business units are a type of operating unit.


Reference:

https://learn.microsoft.com/en-us/dynamics365/guidance/organizational-strategy/define-organizational-strategy



A company implements Dynamics 365 Finance.

The company must view data from Dynamics 365 Finance in an Excel document. The data must refresh every time a user opens the Excel file.

You need to identify the feature the user should use to open the Excel document.

Which feature should you recommend?

  1. List Page
  2. SQL Server Reporting Services (SSRS) report
  3. Mobile workspace
  4. Workspace

Answer(s): D

Explanation:

The term workspace refers to a group of workbooks inclusing there exact screen position and window size. Enables you to have multiple workbooks showing simultaneously and to have a customised view of those workbooks arranged in different windows.

A workspace contains pointers to your other Excel files that you had open during your session.
When you open an Excel workspace all the other files are opened as well
Workspaces are particularly useful if you frequently work with the same set of files and need to have them all open at once.


Reference:

https://bettersolutions.com/excel/workbooks/workspace-file.htm






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