microsoft mb-320 practice test

Microsoft Dynamics 365 for Finance and Operations-Manufacturing (beta)

Note: This exam has case studies

Question 1 Topic 6, Mixed Questions

You need to determine the sales price for a new limited-edition bicycle for the summer season.
What should you do?

  • A. Run inventory close for the BOM items for the limited-edition bicycle.
  • B. Create the production order for the limited-edition bicycle and click estimate.
  • C. Run the category price rules for the limited-edition bicycle using a cost-plus calculation.
  • D. Run the pricing simulator for the limited-edition bicycle for a quantity of one.
Answer:

B

Discussions

Question 2 Topic 6, Mixed Questions

Note: This question is part of 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 manufacturing company has a new speaker that is available with standard and premium carbon fiber options.
For the premium option, speakers are made to order. Customers can choose from seven product attributes at different
prices.
You need to create and configure the product and pricing for the new speaker.
Solution: Create a dimension-based product master with variants and use the trade agreements to specify the different
pricing.
Does the solution meet the goal?

  • A. Yes
  • B. No
Answer:

A

Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/pim/dimension-based-product-configuration

Discussions

Question 3 Topic 6, Mixed Questions

Note: This question is part of 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 manufacturing company has a new speaker that is available with standard and premium carbon fiber options.
For the premium option, speakers are made to order. Customers can choose from seven product attributes at different
prices.
You need to create and configure the product and pricing for the new speaker.
Solution: Create a constraint-based product master with variants. Use the trade agreements to specify the different pricing.
Does the solution meet the goal?

  • A. Yes
  • B. No
Answer:

B

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/pim/dimension-based-product-configuration

Discussions

Question 4 Topic 6, Mixed Questions

Note: This question is part of 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 manufacturing company has a new speaker that is available with standard and premium carbon fiber options.
For the premium option, speakers are made to order. Customers can choose from seven product attributes at different
prices.
You need to create and configure the product and pricing for the new speaker.
Solution: Create a constraint-based product with configurations. Use a price model to calculate the different configurable
option costs.
Does the solution meet the goal?

  • A. Yes
  • B. No
Answer:

B

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/pim/dimension-based-product-configuration

Discussions

Question 5 Topic 6, Mixed Questions

HOTSPOT
A company makes lubricants and greases that are used in the automotive industry.
The items use the standard cost method. Electricity and heating of the manufacturing building are allocated into the cost of
goods based on the size and wattage of the machine used.
You need to ensure that the system is set up to support the cost allocation.
How should you complete the costing sheet configuration? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

Answer:

Discussions

Question 6 Topic 6, Mixed Questions

A vendor plans to supply replacements for a product that they manufactured.
The cost associated with manufacturing most components of the replacement product differ from costs associated with the
original product.
You need to plan for the new cost of the item in determining the sales price.
Which costing version explosion mode should you use?

  • A. According to BOM line type
  • B. Multilevel
  • C. Single level
  • D. Make to Order
Answer:

B

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/simulate-cost-changes-costing-version-
planned-costs

Discussions

Question 7 Topic 6, Mixed Questions

You are using the manufacturing execution module in Dynamics 365 Supply Chain Management.
License plate labels must be printed for products in the Report as finished step.
You need to use the manufacturing execution functionality that meets this requirement.
What should you use?

  • A. Job card device
  • B. Production waves
  • C. License plates
  • D. Operations schedules
Answer:

A

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/production-control/report-finished-job-device

Discussions

Question 8 Topic 6, Mixed Questions

A company uses cost groups to track calculated costs of items preassembled by vendors.
The company needs to analyze service costs for each vendors preassembled items.
You need to assign the cost group type to the preassembled items.
Which costs should you assign?

  • A. Direct material
  • B. Indirect
  • C. Direct manufacturing
  • D. Direct outsourcing
Answer:

A

Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/cost-groups

Discussions

Question 9 Topic 6, Mixed Questions

You have updated a cost category price from $5.00 to $7.00. You process a production order which uses the cost category.
After ending the order, you realize a new standard cost was not calculated after the price update.
You need to validate how this impacted the financial voucher transactions.
Which transaction would you see in the general ledger?

  • A. $2.00 debit to the production price variance account
  • B. $2.00 credit to the production price variance account
  • C. $2.00 debit to the production quantity variance account
  • D. $2.00 credit to the lot size variance account
Answer:

B

Explanation:
References: https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/about-analyzing-common-sources-of-
production-variances

Discussions

Question 10 Topic 6, Mixed Questions

DRAG DROP
A company uses warehouse management and manufacturing execution to process their production orders.
You configure the manufacturing execution production order defaults to always consume Bill of materials (BOM) components
when an operation step is completed in the job registration terminal. You create a production order. The order is in released
status.
You need to process this order all the way through to end status.
Which four actions should you perform in sequence? To answer, check the appropriate actions to the answer area and
arrange them in the correct order.
Select and Place:

Answer:

Discussions
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