What is the purpose of vendor rebates in Dynamics 365 Supply Chain Management?

To track and apply incentive programs from vendors based on purchase volume or other criteria

To define long-term pricing terms for a vendor

To record the receipt of goods from a vendor

To solicit bids from multiple vendors

What is the purpose of charge codes in Dynamics 365 Supply Chain Management?

To classify items into categories

To apply additional costs, such as freight or insurance, to procurement transactions

To define payment terms for vendors

In Dynamics 365 Supply Chain Management, what is the purpose of the over/under delivery settings on a purchase order line?

To specify the date range within which delivery must occur

To specify the payment terms for the purchase order

To define the acceptable percentage by which a delivery can exceed or fall short of the ordered quantity

To define the shipping address for the purchase order

A company wants to group all purchases of IT hardware under a single procurement category so that purchasing policies and reporting can be applied consistently. They also need to ensure that only authorized buyers can create purchase orders for items in this category. What should you configure?

Create a procurement category for IT hardware, assign the relevant items to the category, and then create a purchasing policy that restricts the category to specific buyers.

Create a purchase agreement for IT hardware and assign the buyers as approvers.

Create a vendor rebate agreement for IT hardware and assign buyers to the agreement.

Set up a charge code for IT hardware and link it to the buyer's user profile.

Microsoft Certified:Dynamics 365 Supply Chain Management Functional Consultant Associate

Domain 3Objective 1

Implement Procurement and Sourcing MB-330 Practice Questions (Page 8)

Part of the Implement and manage supply chain processes domain, which accounts for 15–20% of the MB-330 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~6–13 in this domain), expect 2–4 from this objective — we provide 55 practice questions to prepare you well beyond it. (estimate)

55questions here

11free pages

15concepts

15–20%of the exam

Questions 36–40

36foundation · easy
What is the purpose of vendor rebates in Dynamics 365 Supply Chain Management?
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37foundation · easy
What is the purpose of charge codes in Dynamics 365 Supply Chain Management?
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38foundation · easy
In Dynamics 365 Supply Chain Management, what is the purpose of the over/under delivery settings on a purchase order line?
Select an answer first
39foundation · easy
In Dynamics 365 Supply Chain Management, which document is used to formally order goods from a vendor after a purchase requisition is approved?
Select an answer first
40application · medium
A company wants to group all purchases of IT hardware under a single procurement category so that purchasing policies and reporting can be applied consistently. They also need to ensure that only authorized buyers can create purchase orders for items in this category. What should you configure?
Select an answer first

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