Implement Procurement and Sourcing MB-330 Practice Questions (Page 6)

Questions 26–30

1. 26foundation · easy

   What is the purpose of procurement workflows in Dynamics 365 Supply Chain Management?

   • ATo define pricing terms for vendors
   • BTo manage vendor rebates
   • CTo track inventory levels
   • DTo automate and streamline procurement processes such as approvals
   Reveal Solution Discussion Select an answer first
2. 27application · medium

   Fabrikam, a retail chain, needs to solicit bids from multiple vendors for a one-time purchase of 500 custom display racks. They want to compare prices and delivery terms from at least three vendors. After selecting the winning bid, they want to create a purchase order directly from the bid. What should you do?

   • ACreate a purchase agreement with each vendor and then generate a purchase order from the agreement.
   • BCreate a request for quotation (RFQ) and send it to multiple vendors. After receiving and comparing bids, accept the winning bid and generate a purchase order from the RFQ.
   • CCreate a purchase requisition and route it to multiple vendors for approval.
   • DCreate a purchase order for each vendor and then compare the prices manually.
   Reveal Solution Discussion Select an answer first
4. 28foundation · easy

   What is the purpose of procurement categories in Dynamics 365 Supply Chain Management?

   • ATo track the physical inventory of items
   • BTo define the pricing terms for a vendor
   • CTo organize and classify items and services for purchasing and reporting
   • DTo manage vendor rebates
   Reveal Solution Discussion Select an answer first
5. 29application · medium

   A receiving clerk receives a shipment that includes 10 units of an item, but the purchase order line shows a quantity of 10. The clerk notices that 2 units are damaged and should not be accepted. The company wants to record the receipt of only the 8 acceptable units and later return the damaged ones. What should the clerk do?

   • ACreate a new purchase order for the 8 units and close the original PO.
   • BRegister 8 units as received and post a product receipt for 8 units, leaving the remaining 2 units open on the PO.
   • CRegister 10 units and post a product receipt for 10 units, then create a return order for the 2 damaged units.
   • DPost a product receipt for 10 units and then adjust the inventory to write off the 2 damaged units.
   Reveal Solution Discussion Select an answer first
6. 30foundation · easy

   What is the primary purpose of a purchase requisition in Dynamics 365 Supply Chain Management?

   • ATo authorize payment to a vendor for delivered goods
   • BTo confirm receipt of goods from a vendor
   • CTo request approval for goods or services that an organization needs to buy
   • DTo record a vendor's price quotation for a specific item
   Reveal Solution Discussion Select an answer first