Implement Procurement and Sourcing MB-330 Practice Questions (Page 10)

Questions 46–50

1. 46application · medium

   Northwind Traders negotiates a yearly contract with a vendor for raw materials at a fixed price. The contract specifies that all purchase orders for these materials must use the negotiated price. You need to set up the agreement so that purchase orders automatically reference it. What should you configure?

   • ACreate a purchase agreement for the vendor and the specific items, set the price, and mark the agreement as effective for the year.
   • BCreate a trade agreement for the vendor that applies to all items and set a blanket discount.
   • CSet up a vendor rebate agreement that gives a rebate equal to the difference between the list price and the negotiated price.
   • DConfigure a purchasing policy that requires the buyer to manually enter the negotiated price on every purchase order.
   Reveal Solution Discussion Select an answer first
2. 47application · medium

   Contoso Ltd. requires all purchase requisitions for office supplies to be approved by the department manager before they can be converted to purchase orders. The purchasing policy currently allows any employee to submit a requisition, but there is no approval step. You need to ensure that the approval requirement is enforced for all requisitions in the Office Supplies procurement category. What should you configure?

   • ACreate a purchasing policy that assigns the Office Supplies category to a policy rule that requires an approval workflow, and activate the policy for the appropriate legal entities.
   • BAssign the department manager as the default buyer on all purchase orders created from requisitions.
   • CModify the purchase requisition form to make the Approval status field mandatory for all users.
   • DSet up a vendor collaboration workflow that sends requisitions to the vendor for approval before submission.
   Reveal Solution Discussion Select an answer first
4. 48application · medium

   A company wants to automate the approval of purchase requisitions so that requisitions under $5,000 are auto-approved, while those above require manager approval. They also want to ensure that this rule applies only to the Operations legal entity. What should you configure?

   • ACreate a purchasing policy that sets the approval limit to $5,000 and applies it to all legal entities.
   • BSet up a vendor collaboration workflow that auto-approves requisitions under $5,000.
   • CConfigure the purchase requisition form to require manager approval for all amounts.
   • DCreate a purchase requisition workflow with a conditional decision that auto-approves under $5,000 and routes above to the manager, then assign this workflow to a purchasing policy for the Operations legal entity.
   Reveal Solution Discussion Select an answer first
5. 49foundation · easy

   In Dynamics 365 Supply Chain Management, which type of document is used to set up pricing and discount terms that apply to multiple purchase orders from the same vendor?

   • ARequest for quotation
   • BVendor rebate
   • CPurchase agreement
   • DPurchase order
   Reveal Solution Discussion Select an answer first
6. 50application · medium

   A company imports goods and incurs freight and insurance costs that must be added to the purchase order total. These costs should be allocated to the received items and reflected in the inventory value. What should you configure?

   • ASet up a purchase agreement that includes freight and insurance as a percentage of the order.
   • BCreate a vendor rebate agreement that adds the freight and insurance costs as a rebate.
   • CCreate charge codes for freight and insurance, and add them to the purchase order header or lines when the PO is created.
   • DUse a vendor collaboration workspace to have the vendor add the charges to the invoice.
   Reveal Solution Discussion Select an answer first