In Dynamics 365 Business Central, what do value entries represent in relation to item transactions?

The general ledger account used for posting

The cost or value of an item transaction

The quantity of items received or shipped

The physical location of an item

Contoso Ltd. sells the same model of bicycle in two warehouses: one in Seattle and one in Portland. The bicycles are identical except that the Seattle warehouse stores them with a different barcode (UPC) than the Portland warehouse. The company wants to track inventory value and quantity separately for each warehouse, and also wants to record the different barcodes. What should you configure?

Create two item cards, one for each warehouse, and link them with item references.

Enable stockkeeping units and create one stockkeeping unit for each location, entering the respective barcode on each SKU.

Use item variants for each warehouse and assign the barcode to the variant.

Set up two locations and assign a different base unit of measure to each location.

A company's accountant notices that the inventory quantity on an item card shows 10 units, but the inventory value in the general ledger does not match the expected cost. The accountant wants to trace the discrepancy to the original purchase and sale transactions. Which records should the accountant review?

Both item ledger entries and value entries

Microsoft Certified:Dynamics 365 Business Central Functional Consultant Associate

Domain 3Objective 1

Set up Inventory MB-800 Practice Questions (Page 2)

Part of the Configure sales and purchasing domain, which accounts for 10–15% of the MB-800 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~4–10 in this domain), expect 1–3 from this objective — we provide 42 practice questions to prepare you well beyond it. (estimate)

42questions here

9free pages

8concepts

10–15%of the exam

Questions 6–10

6foundation · easy
In Dynamics 365 Business Central, which page is used to define the general inventory setup such as automatic cost posting and the default location for items?
Select an answer first
7foundation · easy
In Dynamics 365 Business Central, what do value entries represent in relation to item transactions?
Select an answer first
8application · medium
Contoso Ltd. sells the same model of bicycle in two warehouses: one in Seattle and one in Portland. The bicycles are identical except that the Seattle warehouse stores them with a different barcode (UPC) than the Portland warehouse. The company wants to track inventory value and quantity separately for each warehouse, and also wants to record the different barcodes. What should you configure?
Select an answer first
9application · medium
A company's accountant notices that the inventory quantity on an item card shows 10 units, but the inventory value in the general ledger does not match the expected cost. The accountant wants to trace the discrepancy to the original purchase and sale transactions. Which records should the accountant review?
Select an answer first
10foundation · easy
Which type of entry in Dynamics 365 Business Central is used to record the physical count of an item during an inventory count?
Select an answer first

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Set up Inventory MB-800 Practice Questions (Page 2)

Questions 6–10

In Dynamics 365 Business Central, which page is used to define the general inventory setup such as automatic cost posting and the default location for items?

In Dynamics 365 Business Central, what do value entries represent in relation to item transactions?

Which type of entry in Dynamics 365 Business Central is used to record the physical count of an item during an inventory count?

Keep studying — Configure sales and purchasing