Distribution and Trade in Microsoft Dynamics 365 for Finance and Operations v1.0

Your company"™s human resources department has purchased a new computer and the expenses need to be assigned to the IT department.
You need to create an inventory journal to expense an item against a different department.
Which type of inventory journal should you use?

You are setting up the inventory locations for a warehouse.
Which two inventory locations could a rack contain? Each correct answer presents a complete solution.

You have a small production facility that does not use production routes.
You need to consume items in production and reduce stock.
Which type of journal would you use?

What happens when you accept a request for quotation? Each correct answer presents a complete solution.

Which two activities occur as part of a purchase requisition workflow? Each correct answer presents part of the solution.

An employee reports concerns about the quality of a specific item.
You need to create a nonconformance record for the item.
Which nonconformance type should you use?

You are the quality manager for a company. You need to set up a test for specific components of an item.
You need to configure the system to indicate whether tests pass or fail.
What should you configure?

You are an accounts payable manager. You have an agreement with a vendor that defective items will be returned with a reference to the original purchase order.
You need to create a vendor credit note.
Which three methods can be used to create a vendor credit note? Each answer presents a complete solution.

Your company received a shipment of nonstocked items from a supplier.
You need to receive the items into inventory.
What should you do?

You are a consultant implementing Microsoft Dynamics 365 for Finance and Operations.
You need to explain the various types of invoice matching that are available.
Which three should you select? Each correct answer presents a complete solution.

You are a purchasing agent.
You have agreed on a purchase price with a supplier and create a purchase agreement.
Which two tasks can you perform with the purchase agreement. Each correct answer presents part of the solution.

You are the purchasing agent for a company.
You need to create a request for quotation for a product that has not been added to Microsoft Dynamics 365 for Finance and Operations.
What should you use?

You need to apply an additional 15 percent freight charge for all purchase orders that you procure from specific vendors.
Which two groups should you create? Each correct answer is part of the solution.

You need to apply freight costs to purchase orders automatically.
What type of group should you create?