Microsoft MB6-703 Online Practice Questions and Exam Preparation

Microsoft MB6-703 Online Questions & Answers

• Question 71:

  You need to add freight and handling charges when you enter a new purchase order.

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

  A. Create a journal for the freight and handling charges.
  B. Add two additional lines to the purchase order, one for the freight service item and one for the handling service items.
  C. Add two additional supplementary items to the purchase order, one for freight and one for handling.
  D. Add two charges transactions that each has a charges code.
  C. Add two additional supplementary items to the purchase order, one for freight and one for handling.
  D. Add two charges transactions that each has a charges code.

• Question 72:

  You plan to transfer inventory between multiple sites.

  Which two objects must be created before you can transfer the inventory? Each correct answer presents part of the solution.

  A. An inbound location
  B. An outbound location
  C. A transit warehouse
  D. A default warehouse
  B. An outbound location
  C. A transit warehouse

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  B: The items are picked and transported to the outbound location.

  C: In Microsoft Dynamics AX, the transit warehouse is available for these purposes. When items are half way from one warehouse to another one, they are recorded to the transit warehouse.

  Example:

  Go to Inventory management > Setup > Inventory breakdown > Warehouses. The Warehouses form opens.

  

• Question 73:

  You need to create a draft sales order. The sales order must not include inventory transactions.

  Which order type should you use?

  A. Subscription
  B. Sales order
  C. Item requirements
  D. Journal
  D. Journal

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  A sales order of type Journal is a draft sales order. It has no effect on stock.

• Question 74:

  You create a new item that has a tracking dimension group. The tracking dimension group includes serial numbers as an active dimension.

  You need to configure the item to use automatic allocation of the serial numbers.

  What should you create?

  A. An item model group
  B. A number group
  C. A cost group
  D. An item group
  B. A number group

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  Serial number group: Select the group that is used for automatic allocation of serial numbers.

• Question 75:

  You create a counting journal. The counted quantity on some lines of the journal is higher or lower than the on-hand quantity.

  You need to identify which field will be updated in the inventory transaction when you post the counting journal.

  Which field should you identify?

  A. Quantity
  B. Counted
  C. On-hand
  D. Line amount
  C. On-hand

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  Field On-Hand: The on-hand inventory levels of the item for the inventory dimension on the counting date.

• Question 76:

  A customer reports a defective product.

  You need to find the vendors and the other customers who are affected by the defective product.

  Which three details are required before you can perform a trace? Each correct answer presents part of the solution.

  A. The storage dimensions
  B. The tracking dimensions
  C. The item number
  D. The trace direction
  E. The transaction dates
  B. The tracking dimensions
  C. The item number
  D. The trace direction

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  Trace an item or raw material

  To trace an item or raw material, follow these steps:

  1.

  Click Inventory management > Inquiries > Tracing > Item tracing.

  2.

  On the Trace criteria FastTab, enter the following information:

  a.

  (C) In the Item number field, select the item to trace. b. (B) In the Batch number, Serial number, or Vendor batch number fields, select a tracking dimension that includes the item. c. (D) In the Forward or backward field, specify the direction to trace.

  d.

  Provide any optional trace criteria.

  e.

  On the Action Pane, click Trace.

• Question 77:

  You post the shipment for a transfer order.

  What is the current status of the inventory transaction related to the transfer order for the from warehouse field?

  A. Received
  B. Sold
  C. Shipped
  D. Delivered
  C. Shipped

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  * Shipment lot ID The identifier of the shipment lot. When you create a transfer order line, four inventory transactions are created: An issue transaction at the warehouse A receipt transaction at the transit warehouse An issue transaction at the transit warehouse A receipt transaction at the warehouse

  The shipment lot ID is assigned to the first two of these transactions, and the receive lot ID is assigned to the last two.

• Question 78:

  You need to ensure that a quality order is generated automatically after you post a product receipt for a purchase order.

  What should you do?

  A. From the Inventory and warehouse management parameters form, select Use quality management
  B. From the Item model groups form for the product, select Post physical inventory and Receiving requirements
  C. From the Quality associations form, create a rule.
  D. From the Quality order status field, enter a test ID in the line of the purchase order.
  C. From the Quality associations form, create a rule.

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  A quality order can be manually created or automatically generated based on rules that are defined in the Quality associations form.

• Question 79:

  You need to identify during which processes you can register a serial number manually for an item. Which three processes should you identify? Each correct answer presents a complete solution.

  A. While registering a product
  B. While creating a sales order line
  C. While creating a purchase order line
  D. While releasing to the warehouse
  E. While completing related quality orders
  B. While creating a sales order line
  D. While releasing to the warehouse
  E. While completing related quality orders

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  B: Now create a sales order by navigating to Accounts receivable=> Common=> Sales orders=> All sales orders, click on Sales order button under New section and in the opened form specify the Customer account and click OK button. Now in sales order details form that gets opened specify Item number, Site, Warehouse, Quantity and Unit price information for the product as required. While shipping the sales order to customer, during packing slip generation we now get an option to register the serial numbers. Switch to the Pick and pack tab on sales order details form and click on Packing slip button under Generate section. Switch to the Lines tab and click on button Update line=> Register serial numbers option.

  uring the sales invoice process also we can register the serial numbers and choose whether

  * D to present them in the invoice or not

• Question 80:

  You plan to run an automatic update on the ABC classifications of all items.

  You need to identify which ABC code to update based on the sales of each item in a given period.

  Which ABC code should you identify?

  A. Value
  B. Revenue
  C. Margin
  D. Carrying cost
  B. Revenue

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  BC code for revenue

  A classifier that names categories in an ABC classification that ranks discrete categories of items according to their revenue.

  Note: ABC classification

  A system for ranking discrete categories of items according to Pareto's 80/20 principle that states that a small percentage of items account for the largest fraction of significance.

  Incorrect:

  Not Value, Not Margin: not such ABC codes.

  Not D: ABC code for carrying cost classification

  A classifier that names categories in an ABC classification that ranks discrete categories of items according to their carrying cost.