Microsoft MB6-703 Online Practice Questions and Exam Preparation

Microsoft MB6-703 Online Questions & Answers

• Question 81:

  A warehouse coordinator manually allocates how much inventory should be shipped each day for transfer orders. A warehouse worker uses the information entered by the warehouse coordinator to process the shipments automatically.

  You need to identify which actions must be performed by the warehouse coordinator and the warehouse worker.

  What should you identify?

  A. The warehouse coordinator enters the quantity into the Receive now field, and then the warehouse worker performs the shipment update.
  B. The warehouse coordinator enters the quantity into the Ship now field, and then the warehouse worker performs the shipment update.
  C. The warehouse coordinator enters the quantity into the Ship now field, and then the warehouse worker performs the picking list update.
  D. The warehouse coordinator enters the quantity into the Receive now field, and then the warehouse worker performs the picking list update.
  B. The warehouse coordinator enters the quantity into the Ship now field, and then the warehouse worker performs the shipment update.

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  Transfer orders (form) [AX 2012]

  * Ship now

  View or modify the shipment quantity for the transfer order line that you want to ship now.

  * / Shipped quantity The quantity of a transfer order line that has already been shipped. This field is updated after every shipment update. ( Ship remain The remaining quantity to be shipped after the last shipment update.

  Incorrect:

  * Receive now

  View or modify the receipt quantity for the transfer order line that you want to receive now.

• Question 82:

  You need to configure commissions to be calculated on sales, only after all discounts are taken on the line items of a sales order. What should you use?

  A. The Sales order journal
  B. The Price/discount agreement journal
  C. The Commission percentage field
  D. The Discount field
  D. The Discount field

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  Commission calculation (form) [AX 2012]

  Field: discount

  Specify whether the calculation of the commission for the individual invoice line will be based on the gross line amount (Before line discount) or on the net line amount (After line discount). If you select After total discount, any end discount is

  deducted from the total commission that is calculated after the line discount.

  Incorrect:

  Not C: Field: Commission percentage

  Specify the percentage base with which to calculate the amount of the commission. Together with the calculation method in the Discount, the percentage basis entered here calculates the size of the commission.

• Question 83:

  You have an item that uses a storage dimension group. Primary stocking is disabled for the group. Item reservations for sales orders are automatic.

  You create a new sales order for the item.

  You need to select a specific batch number for the item.

  What should you do?

  A. Disable automatic reservation on the sales order, and then change the batch number in the Reservation form
  B. Disable automatic reservation on the sales order, and then lock the batch number in the Reservation form.
  C. Use the Reservation form to select the batch number, and then place the order on hold.
  D. Use the Reservation form to select the batch number, and then lock the reservation.
  D. Use the Reservation form to select the batch number, and then lock the reservation.

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  Example

  A customer calls with a request concerning a load of bricks that they have ordered from your company. The customer wants to make sure that the bricks are reserved from the same batch as the previous load that they received. When checking, you observe that the bricks are reserved automatically with no batch number specified on the sales order line so you need to make sure that the reserved quantity has the correct batch number and that the reservation is locked with this batch number.

  1.

  Select the sales order of the ordered brick load in the Sales order form and open the Reservation form.

  2.

  Apply one of the following methods depending on whether the bricks have been automatically reserved with the correct batch number or not. If the batch number is correct, you just need to lock the batch number reservation to ensure that the batch number is not changed by an automated process. To lock the batch number, do the following:

  a.

  Select the reservation in the Reservation form.

  b.

  Click Inventory > Dimensions display.

  c.

  Select the Batch number check box, and click OK.

  d.

  Select the Batch number check box under Lock reservations.

  3. To change the batch number dimension of the reservation, do the following:

  a. Click Inventory > Dimensions display, select the Batch number check box, and click OK. b. Select the existing reservation in the Reservation form, and change the quantity in the Reservation field to zero to cancel this reservation line. c. Select the line with the batch number dimension that the customer requested and enter the quantity in the Reservation field.

• Question 84:

  Your company adds a 20 percent markup to all items.

  You need to ensure that users receive a warning message if an attempt to discount the price of an item results in less than a 15 percent markup of the item.

  What should you configure?

  A. Price details
  B. Margin alerts
  C. Price control
  D. Internal control
  B. Margin alerts

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  Field: Min. contribution margin

  Select this check box if you want calculations to generate a warning message when the profitability percentage of the item is lower than you want.

• Question 85:

  You need to set up locations for a warehouse that will store finished goods for one of your company's divisions.

  What are three possible details that you can specify for the locations? Each correct answer presents a complete solution.

  A. The maximum number of pallets
  B. The physical dimensions
  C. The inventory dimensions
  D. The maximum dimensions of the items
  E. The maximum weight that can be stored
  A. The maximum number of pallets
  B. The physical dimensions
  E. The maximum weight that can be stored

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  *

  Location properties

  A location has the following characteristics:

  Size (number of pallets, height, width, and depth)

  Pallet type group

  Storage area

  Picking area

  Location type (inbound dock, outbound dock, pick location, or bulk location)

  *

  Max. weight

  The maximum weight that can be held at the location.

• Question 86:

  You need to configure which ledger account will be used when you post various types of inventory transactions.

  Which form should you use?

  A. Inventory and warehouse management parameters
  B. Item model groups
  C. General ledger parameters
  D. Item groups
  B. Item model groups

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  Item model groups (form) [AX 2012]

  Field: Post physical inventory

  Select this check box to post physical item transactions in the ledger. The physical item transactions are posted as follows:

  *

  Packing slips and product receipts are posted if the Post product receipt in ledger check box is selected in the Accounts payable parameters form, or if the Post packing slip in ledger check box is selected in the Accounts receivable parameters form.

  *

  Production orders that are reported as finished are posted if the Post report as finished in ledger check box is selected in the Production control parameters form.

  If the check box is cleared, packing slips, product receipts, and production orders that are reported as finished are not posted in the ledger, regardless of the settings in the parameter setup forms.

• Question 87:

  You need to identify the minimum number of warehouses that must exist before you can create a transfer order?

  How many should you identify?

  A. 1
  B. 2
  C. 3 D. 4
  B. 2

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  You use transfer orders to handle items that are in transit between warehouses within the same company, but across different geographical sites. You can manage transfer orders from the Transfer orders form.

  The shipping point and the receiving point are always of the Warehouse type.

• Question 88:

  You need to identify which type of information you can obtain by performing bill of materials (BOM) calculations? Which three types of information should you identify? Each correct answer presents part of the solution.

  A. The projected sales prices and costs of BOM Items manufactured in different quantities
  B. The quantity of raw materials required to manufacture the BOM item
  C. The projected sales quantity of the BOM item
  D. The profit margins and contribution ratios
  E. The maximum production run size for the BOM
  A. The projected sales prices and costs of BOM Items manufactured in different quantities
  C. The projected sales quantity of the BOM item
  D. The profit margins and contribution ratios

  ---

  *

  The BOM calculation is performed on the whole BOM structure and for the specified quantity. You can specify how the cost and sales prices should be calculated for each component. You can also change the quantity of the series used in the subBOM.

  *

  BOM calculations determine the cost-price and sales prices for the BOM depending on profit settings. BOM calculations determine the estimated BOM prices on all BOM levels. The contribution of a single item or operation to the price of the BOM level can be determined. The contribution of all items and operations on a specific level can also be determined.

  *

  The Calculation form is used to calculate a manufactured item's cost and to generate an associated item cost record within a costing version. The Calculation form can also be used to calculate a manufactured item's sales price and to generate an associated item sales price record within a costing version.

• Question 89:

  You run the picking workbench process and receive several warning messages for items that were not picked.

  You need to identify what prevents the items from being picked.

  Which two possible reasons should you identify? Each correct answer presents a complete solution.

  A. There are no warehouse workers to complete the picking work.
  B. The location of the items could not be ascertained.
  C. The sales order is marked as ship complete and one or more items on the sales order are unavailable.
  D. The items could not be reserved due to a lack of on-hand inventory.
  B. The location of the items could not be ascertained.
  D. The items could not be reserved due to a lack of on-hand inventory.

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  Troubleshoot picking lists

  If items on a sales order line are not added to a picking list, it could be due to the following reasons:

  *

  The item could not be reserved because there is no inventory available.

  *

  The item's model group allows for negative inventory, however, negative quantities cannot be reserved.

  *

  The item already appears on another picking list, which means that an output order exists for the item.

• Question 90:

  You need to create a purchase agreement between your company and a supplier. The agreement will give you a 10 percent discount automatically on an item, after you purchase $10,000 US dollars' worth of that Item during a 12 month period.

  Which Default commitment type should you use?

  A. Product quantity commitment
  B. Value commitment
  C. Product value commitment
  D. Product category value commitment
  C. Product value commitment

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  There are four types of commitments:

  Product quantity commitment You purchase a specific quantity of a product. Product value commitment - You purchase a specific currency amount of a product. Product category value commitment You purchase a specific currency amount in

  a procurement category. The amount can be for a catalog item or a non- catalog item. Value commitment You purchase a specific currency amount of any product or in any procurement category.