Implement Procurement and Sourcing MB-330 Practice Questions (Page 7)

Questions 31–35

1. 31foundation · easy

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

   • ATo request approval for a purchase internally
   • BTo formalize an agreement to buy goods or services from a vendor
   • CTo record the receipt of goods from a vendor
   • DTo solicit bids from multiple vendors
   Reveal Solution Discussion Select an answer first
2. 32foundation · easy

   What is the purpose of product receipt in Dynamics 365 Supply Chain Management?

   • ATo confirm and record the receipt of goods from a vendor
   • BTo solicit bids from vendors
   • CTo create a purchase order
   • DTo request approval for a purchase
   Reveal Solution Discussion Select an answer first
4. 33foundation · easy

   In Dynamics 365 Supply Chain Management, which document is used to record that goods have been received from a vendor?

   • AProduct receipt
   • BPurchase order
   • CVendor invoice
   • DReturn order
   Reveal Solution Discussion Select an answer first
5. 34expert · medium

   A company has a purchasing policy that requires all purchase requisitions to be approved by the department manager. However, for requisitions over $10,000, the CFO must also approve. The company wants to implement this with minimal maintenance. Currently, they have a single workflow for all requisitions. What should you do?

   • AConfigure the purchase requisition form to require CFO approval for amounts over $10,000 using a validation rule.
   • BSet the CFO as the approver for all requisitions and let the department manager pre-approve manually.
   • CModify the existing workflow to add a conditional step that routes requisitions over $10,000 to the CFO after the department manager approval.
   • DCreate two separate workflows: one for requisitions under $10,000 and one for over $10,000, and assign them via purchasing policies.
   Reveal Solution Discussion Select an answer first
6. 35expert · medium

   A company uses consignment inventory for a high-value raw material. The vendor wants to be able to see the current on-hand quantity of their consignment stock at the company's site. The company wants to provide this visibility without giving the vendor access to other inventory data. What should you do?

   • AShare a report of on-hand inventory with the vendor via email on a regular basis.
   • BCreate a custom Power BI dashboard and share it with the vendor.
   • CProvide the vendor with read-only access to the entire inventory module.
   • DEnable vendor collaboration and grant the vendor access to the consignment inventory workspace, which shows only consignment stock levels.
   Reveal Solution Discussion Select an answer first