A supply chain director needs to identify which inventory items are consuming the most warehouse space and value, to decide on a cycle counting strategy. The director wants a report that ranks items by annual usage value and also shows the current on-hand quantity. What should you run?

An inventory value report only.

An ABC classification report with on-hand quantity included.

A warehouse worker discovers that 10 units of an item were incorrectly placed in location A instead of location B, both within the same warehouse. The item is not batch or serial tracked. The worker needs to correct the location without affecting the total on-hand quantity. What should you do?

Create a counting journal to adjust the quantities in both locations.

Create a movement journal to move 10 units from location A to location B.

Create a transfer journal to move 10 units from location A to location B.

Create an inventory adjustment journal to decrease location A and increase location B.

A manufacturing company uses a BOM journal to report finished goods from a production order. The warehouse team notices that the component quantities on the BOM journal lines do not match the quantities that were actually issued to the production order. They need to correct the component consumption before posting. What should you do?

Delete the BOM journal and create a movement journal to adjust component quantities.

Create a transfer journal to move the difference back to the production input location.

Edit the BOM journal lines to reflect the actual issued quantities, then post the journal.

Post the BOM journal as is, then create an inventory adjustment journal to fix the component quantities.

What is the purpose of an inventory adjustment journal in Dynamics 365 Supply Chain Management?

To move items between warehouses

To report finished goods from production

To correct inventory discrepancies by adjusting on-hand quantities

Microsoft Certified:Dynamics 365 Supply Chain Management Functional Consultant Associate

Domain 2Objective 1

Manage and Process Inventory Activities MB-330 Practice Questions (Page 9)

Part of the Implement inventory and asset management domain, which accounts for 20–25% of the MB-330 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~8–16 in this domain), expect 2–4 from this objective — we provide 58 practice questions to prepare you well beyond it. (estimate)

58questions here

12free pages

14concepts

20–25%of the exam

Questions 41–45

41expert · hard
A supply chain director needs to identify which inventory items are consuming the most warehouse space and value, to decide on a cycle counting strategy. The director wants a report that ranks items by annual usage value and also shows the current on-hand quantity. What should you run?
Select an answer first
42application · medium
A warehouse worker discovers that 10 units of an item were incorrectly placed in location A instead of location B, both within the same warehouse. The item is not batch or serial tracked. The worker needs to correct the location without affecting the total on-hand quantity. What should you do?
Select an answer first
43application · medium
A manufacturing company uses a BOM journal to report finished goods from a production order. The warehouse team notices that the component quantities on the BOM journal lines do not match the quantities that were actually issued to the production order. They need to correct the component consumption before posting. What should you do?
Select an answer first
44foundation · easy
What is the purpose of an inventory adjustment journal in Dynamics 365 Supply Chain Management?
Select an answer first
45foundation · easy
Which journal would you use to increase the on-hand quantity of an item after discovering a discrepancy?
Select an answer first

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Manage and Process Inventory Activities MB-330 Practice Questions (Page 9)

Questions 41–45

A supply chain director needs to identify which inventory items are consuming the most warehouse space and value, to decide on a cycle counting strategy. The director wants a report that ranks items by annual usage value and also shows the current on-hand quantity. What should you run?

A warehouse worker discovers that 10 units of an item were incorrectly placed in location A instead of location B, both within the same warehouse. The item is not batch or serial tracked. The worker needs to correct the location without affecting the total on-hand quantity. What should you do?

What is the purpose of an inventory adjustment journal in Dynamics 365 Supply Chain Management?

Which journal would you use to increase the on-hand quantity of an item after discovering a discrepancy?

Keep studying — Implement inventory and asset management