Microsoft MB6-703 Online Practice Questions and Exam Preparation

Microsoft MB6-703 Online Questions & Answers

• Question 61:

  Warehouse is specified as the primary stocking dimension in the storage dimension group for an item.

  You create a sales orders for the item and you specify a warehouse.

  The sales order is configured for automatic reservation. You need to identify which process Dynamics AX uses to reserve the item.

  What should you identify?

  A. A reservation is made according to the first in, first out (FIFO) principle.
  B. A reservation is made against the item only at the warehouse specified.
  C. A reservation is made against the dimension that has the lowest alphanumeric name.
  D. A reservation is made according to the last in, first out (LIFO) principle.
  B. A reservation is made against the item only at the warehouse specified.

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  You can reserve inventory quantities for sales orders when you create or change sales order lines. If available inventory quantities are reserved automatically, reserved inventory cannot be withdrawn from the warehouse for any other orders.

  Inventory is reserved according to the setup of:

  Manual or automatic reservation.

  Reserved ordered items or only items on-hand.

  Warehouse proposal.

  Date reservation.

• Question 62:

  You are creating a new item model group.

  Which three of the following can you configure by using the Item model group form? Each correct answer presents a complete solution.

  A. Whether quality testing is mandatory before accepting Items into Inventory
  B. The ability to sell an item at a discount
  C. The ability to accrue liability on a product receipt
  D. Inventory that can have negative quantities on hand
  E. How transactions will post to the ledger during a financial update
  C. The ability to accrue liability on a product receipt
  D. Inventory that can have negative quantities on hand
  E. How transactions will post to the ledger during a financial update

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  C: Accrue liability on product receipt

  Select this check box to accrue the estimated expense for packing slip updates to the general ledger.

  D: Physical negative inventory

  Select this check box to enable negative physical inventory for the item model group.

  E: Post financial inventory

  elect this check box to post the updated financial value of items in the ledger. When a purchase order is invoice-updated, the value of the items is posted to the inventory receipt account. When a sales order is invoice-updated, the value of the

  items is posted to the inventory issue and the consumption accounts. The inventory value that is posted can then be reconciled with the related status accounts in General ledger.

• Question 63:

  Which two statements describe a requirements explosion from a sales order line? Each correct answer presents a complete solution.

  A. The explosion creates a sales order line for each component of a bill of materials (BOM).
  B. The explosion shows how requirements can be satisfied for the sales order line.
  C. The explosion is a partial update of the dynamic master plan.
  D. The explosion is used for the availability check.
  B. The explosion shows how requirements can be satisfied for the sales order line.
  C. The explosion is a partial update of the dynamic master plan.

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  C: Sales explosions are carried out in the Current dynamic master plan.

  B: In the updated Explosion form, you can view order fulfillment information that includes the possible delivery date.

• Question 64:

  You need to calculate the delivery date for a transfer order automatically based on the distance between warehouses. What should you configure?

  A. Lead times
  B. Transport times
  C. Delivery schedules
  D. Warehouse calendars
  A. Lead times

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  About delivery dates [AX 2012]

  The delivery date is determined by several factors. The earliest delivery date is based on the sales lead time plus the transport time. Working hours are also considered. The sales lead time is the time that is spent between creating the sales

  order and shipping the items. After you set up all the relevant parameters, you can select from a list of available ship dates and receipt dates.

• Question 65:

  You add a new prospect.

  You send the prospect a sales quotation that contains 100 items.

  The prospect agrees to all of the terms in the sales quotation.

  You need to create a sales order and complete the sale.

  What should you do?

  A. Convert the prospect to a customer, and then confirm the sales quotation.
  B. Cancel the sales quotation, and then enter a new sales order.
  C. Confirm the sales quotation, and then enter a new sales order.
  D. Confirm the sales quotation, convert the prospect to a customer, and then enter a new sales order.
  D. Confirm the sales quotation, convert the prospect to a customer, and then enter a new sales order.

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  A prospect is a temporary contact that is created by sales representative.

• Question 66:

  You need to identify what happens to the on-hand inventory of a bill of materials (BOM) and the components of the BOM when you report a BOM as finished. What should you identify?

  A. The on-hand quantity of the BOM and the on-hand quantity of the BOM components ate unchanged.
  B. The on-hand quantity of the BOM is increased, and the on-hand quantity of the BOM components is decreased.
  C. The on-hand quantity of the BOM is unchanged and the on-hand quantity of the BOM components is decreased.
  D. The on-hand quantity of the BOM item is increased, and the on-hand quantity of the BOM components is unchanged.
  D. The on-hand quantity of the BOM item is increased, and the on-hand quantity of the BOM components is unchanged.

• Question 67:

  You need to identify whether one of the items on a purchase order was received.

  What should you do?

  A. On the All purchase orders list page, find the purchase order, and then verity the Approval status.
  B. On the All purchase orders list page, find the purchase order, go to the line details, and then verify the Line status.
  C. On the All purchase orders list page, find the purchase order, go to the line details, and then verify the Finalized setting.
  D. On the All purchase orders list page, find the purchase order, and then verify the Document status.
  B. On the All purchase orders list page, find the purchase order, go to the line details, and then verify the Line status.

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  Line status: The delivery and invoicing status of the purchase order line.

• Question 68:

  You have a customer who orders the same products frequently. You need to simplify the creation of sales orders for the customer. What should you use?

  A. A direct delivery order
  B. An item list
  C. A new item
  D. A blanket order
  B. An item list

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  An item list is a list of items that a customer habitually buys, including quantities. When you create a new sales order for a customer, instead of adding items line by line, you can select the item list that has been created for the customer.

  Incorrect:

  not A: You can also create a direct delivery order if you want your vendor to deliver the goods to the customer.

• Question 69:

  You plan to set up a commission structure in Dynamics AX.

  You need to configure the groups for commission calculations. Which three types of groups should you configure? Each correct answer presents part of the solution.

  A. Item groups
  B. Commission customer groups
  C. Sales groups
  D. Item discount groups
  E. Campaign groups
  A. Item groups
  B. Commission customer groups
  C. Sales groups

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  * Microsoft Dynamics AX 2012 Sales Commission offers the following flexibility:

  Customers You can define a sales commission arrangement for a group of customers, for a specific customer, or for all customers.

  Products You can define a sales commission arrangement for a group of products, for a specific product, or for all products.

  Salespersons You can define a sales commission arrangement for a group of salespersons or all salespersons, and apply a commission split among the individual salespersons within the specific group of salespersons.

• Question 70:

  You plan to start using product change cases.

  You need to identify what must be configured before you can create a new product change case. What should you identify?

  A. Case processes
  B. Knowledge articles
  C. Case workflows
  D. Case categories
  D. Case categories

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  Are there prerequisites for creating a product change case?

  Yes, when you create a product change case, you must assign it to the Product change case category type.