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Free Microsoft MB-700 Exam Questions (page: 8)

Page 8 of 66
PDF with 322 Questions

You are planning to implement Dynamics 365 Finance.

Accountants in your organization need to be able to enter multiple lines into payment journals.

You need to recommend a tool for expediting data entry.

What should you recommend?

  1. Use the desktop version of Microsoft Excel to use the Excel Data Connector app.
  2. Use Microsoft Excel online to use the Excel Data Connector app.
  3. Use an aggregate data entity to expose data to the Microsoft Excel Data Connector app.
  4. Use the Data migration tool.

Answer(s): A


Reference:

https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/office-integration/use-excel- add-in



A company produces automotive components. The company uses Microsoft Excel to track the quantity of parts on hand.

The company wants to automate processes to track inventory using Dynamics 365 Supply Chain Management.

You need to ensure that the company can track suppliers and determine when to purchase new inventory.

Which two features should you use? Each correct answer presents part of the solution.

Note: Each correct selection is worth one point.

  1. Purchase policies
  2. Master planning
  3. Purchase agreements
  4. Purchase requisitions
  5. Demand forecasting

Answer(s): B,E


Reference:

https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/planning-optimization/ demand-forecast



Fourth Coffee plans to implement Dynamics 365 Finance and Dynamics 365 Supply Chain Management.

The company owns and operates the following divisions:



You need to ensure that Fourth Coffee can report financial results by division.

What strategy should you recommend?

  1. Create two legal entities, create one warehouse and associate the financial dimension to the warehouse.
  2. Create two legal entities, create one site and associate a financial dimension per company.
  3. Create one legal entity with two sites. Associate financial dimensions to sites.
  4. Create one legal entity with one site that has two warehouses. Associate the financial dimensions to the warehouses.

Answer(s): C


Reference:

https://www.nexsoftsys.com/articles/financial-dimensions-in-dynamics-365-services.html



Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

A company is planning to implement Dynamics 365 Supply Chain Management with three locations. Two locations must use United States currency (USD) as the default currency. The third location must use Canadian currency (CAD).

One US facility and the Canadian facility must use advanced warehouse functionality. The other US facility must use basic warehousing.

You need to configure the legal entity, site, and warehouse architecture to meet the requirements.

Solution: Create three legal entities, one for each facility.

Does the solution meet the goal?

  1. Yes
  2. No

Answer(s): A

Explanation:

Default currency is configured per legal entity. Advanced warehouse is configured per warehouse.



Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

A company is planning to implement Dynamics 365 Supply Chain Management with three locations. Two locations must use United States currency (USD) as the default currency. The third location must use Canadian currency (CAD).

One US facility and the Canadian facility must use advanced warehouse functionality. The other US facility must use basic warehousing.

You need to configure the legal entity, site, and warehouse architecture to meet the requirements.

Solution: Create two legal entities, one for advanced warehouse and one for basic warehouse.

Does the solution meet the goal?

  1. Yes
  2. No

Answer(s): B

Explanation:

You cannot have two default currencies in the same legal entity.



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