MB-340 : Microsoft Dynamics 365 Commerce Functional Consultant (beta) : Part 03

MB-340 : All Parts

MB-340 : Microsoft Dynamics 365 Commerce Functional Consultant (beta) : All Parts
MB-340 Part 01	MB-340 Part 02	MB-340 Part 03

You work as the Accounts Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has sold a number of fixed assets.

You plan to enter the Fixed assets transactions in the Free text invoice page in Accounts Receivable.

For free text invoices, the fixed asset transaction type will be which of the following?
- Disposal
- Depreciation
- Acquisition
- Acquisition adjustment
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

You need to configure a budget in Dynamics 365 Finance. The budget must include details about planned hours, expenses, fees, and items.

Which of the following budget options should you configure?
- Workforce budget
- Fixed asset budget
- Project budget
- Demand forecasting
You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has several financial dimensions and an organizational hierarchy configured for budgeting.

You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the data in a budget plan to accurately portray the projected amounts.

You need to determine which allocation method to use to allocate budget plan lines from the source budget planning scenario to lines in the destination scenario, based on the percentages and financial dimensions that are defined in a selected budget allocation term.

Which of the following allocation methods meets the requirement?
- Aggregate
- Distribute
- Allocate to dimension
- Copy from budget plan
You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has several financial dimensions and an organizational hierarchy configured for budgeting.

You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the data in a budget plan to accurately portray the projected amounts.

Several budget plans have been configured at lower levels within the organization. You need to consolidate the lower level budgets into a budget at a higher level within the organization.

Which of the following allocation methods meets the requirement?
- Aggregate
- Distribute
- Allocate to dimension
- Copy from budget plan
You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has several financial dimensions and an organizational hierarchy configured for budgeting.

You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the data in a budget plan to accurately portray the projected amounts.

A budget plan has been configured at the top level in the hierarchy. The budget amounts from the top-level budget need to be spread out across budget plans in lower-level dimensions for a more localized view.

Which of the following allocation methods meets the requirement?
- Aggregate
- Distribute
- Allocate to dimension
- Copy from budget plan
Your role of Systems Administrator includes the management of your company’s Microsoft Dynamics 365 Finance system.

Departmental managers need to be able to select different fiscal periods when configuring their budgets.

You need to configure the budgeting module to meet the requirements.

Which of the following should you configure?
- Budget cycles
- Budget groups
- Budget register entries
- Budget control
- Budget codes
Your role of Systems Administrator includes the management of your company’s Microsoft Dynamics 365 Finance system.

You are configuring fixed assets in Dynamics 365 Finance. You have configured fixed asset groups and defined the cost threshold for an item to qualify as a fixed asset.

You need to configure the system to automatically identify purchases that qualify as fixed assets. If an item qualifies as a fixed asset, it must be automatically added to the appropriate fixed asset group.

Which of the following should you configure?
- Fixed asset posting profiles
- Fixed asset books
- Fixed asset determination rules
- Fixed asset depreciation profiles
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

A budget was configured at the start of the year for several large projects.

During the budget cycle, the company decides to start a new project.

You need to reallocate funds from the existing budget to the new project.

Which of the following budget codes should you use for the reallocation of the budget funds?
- Transfer
- Revision
- Encumbrance
- Original budget
- Carry-forward budget
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

Budgets have been configured and approved for the upcoming fiscal period.

You need to configure budget control to allow only specific users to post transactions that exceed the budget.

Which of the following should you configure?
- Budget groups
- Main accounts
- Over budget permissions
- Budget allocations
- Budget models
You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

Budgets have been configured and approved for the upcoming fiscal period.

You need to configure budget control. You need to configure the formula for the calculation of the remaining budget to include draft or unposted documents.

On which tab in budget control can you configure the required setting?
- Define budget groups
- Define parameters
- Budget funds available
- Assign budget models
- Documents and journals
You have been tasked with restarting Internet Information Service (IIS) service in a nonproduction Tier 2 environment.

You have signed in to Lifecycle Services (LCS), and selected the necessary environment.

Which of the following is the page you should navigate to?
- Project users
- Environment details
- Environment monitoring
- System Administration parameters
You are developing a new Dynamics 365 Finance system for your company.

You want to create test plans that members of your team can use to test code during the development of the system.

You want to use a utility that will track and document test plans, as well as issues and their remediations.

What utility should you use?
- Task recorder for Finance and Operations apps
- Business process modeler (BPM) Library
- Microsoft Azure DevOps
- Microsoft Power Platform.
- Configuration data manager
Your company has a Lifecycle Services (LCS) project for which you are the owner. The LCS project will be used to install a Dynamics 365 for Finance and Operations environment.

Testers must have the ability to document procedures that become business processes and test plans.

You want to make sure that the system is configured to produce User Acceptance Testing (UAT) test plans.

Which of the following actions should you take FIRST?
- Create business process libraries in the LCS project.
- Enable Azure DevOps sync.
- Configure Azure DevOps for the LCS project.
- Configure system administrator help parameters to the LCS project.
- Enable Sync test cases.
Your company has a Dynamics 365 Finance environment that has been extensively modified.

Various users have begun complaining about a number of significant problems.

A new hotfix that will remedy these problems has become available. You want to make sure that the hotfix does not disrupt any modifications.

You have downloaded the hotfix from Lifecycle Services (LCS) and install the hotfix in your Microsoft Azure DevOps application development environment in an Active state.

Does this action indicate whether the hotfix disrupts any modifications or not?
- Yes, it does
- No, it does not
Your company has a Dynamics 365 Finance environment that has been extensively modified.

Various users have begun complaining about a number of significant problems.

A new hotfix that will remedy these problems has become available. You want to make sure that the hotfix does not disrupt any modifications.

You have downloaded the hotfix from Lifecycle Services (LCS) and install the hotfix in your Microsoft Azure DevOps application development environment in an Idle state.

Does this action indicate whether the hotfix disrupts any modifications or not?
- Yes, it does
- No, it does not
Your company has a Dynamics 365 Finance environment that has been extensively modified.

Various users have begun complaining about a number of significant problems.

A new hotfix that will remedy these problems has become available. You want to make sure that the hotfix does not disrupt any modifications.

You have downloaded the hotfix from Lifecycle Services (LCS) and install the hotfix in your Microsoft Azure DevOps application development environment in a Pending state.

Does this action indicate whether the hotfix disrupts any modifications or not?
- Yes, it does
- No, it does not
Your company has a Dynamics 365 Finance environment that includes the use of Lifecycle Services (LCS).

You want to make sure that you are able to use Business Process Modeler (BPM) in the environment.

Which of the following is TRUE with regards to using BPM?
- As a minimum, you need Microsoft Office 2010 and a Microsoft Azure DevOps project.
- As a minimum, you need Microsoft Office 2019 and a Microsoft Azure DevOps project.
- As a minimum, you need Microsoft Office 2010 and Dynamics 365 Project Service Automation.
- As a minimum, you need Microsoft Office 2019 and Dynamics 365 Project Service Automation.
Your company has Dynamics 365 Finance system.

You are documenting the steps required to add a new customer to the system by using the Task Recorder utility. You want to add a credit check step that will be performed by a third-party app.

You want the credit check step to be part of the documentation.

How should you add the credit check step?
- Add the step as a Start sub-task
- Add the step as an Action step
- Add the step as an Info step
- Add the step as a Queued Pending step
You are preparing to migrate data to Dynamics 365 Finance from a personalized version of a legacy application. A number of the fields in the entity are identical, while others vary.

You want to automatically map as much fields as you can within Dynamics 365 Finance.

You make use of the Mapping visualization tool.

Does this action map the fields in Dynamics 365 Finance?
- Yes, it does
- No, it does not
You have been tasked with implementing new processes via mobile apps.

You plan to create a mobile app that gives users the ability to consistently generate and alter data in a Finance and operations app data entity via a business process flow component with a SiteMap to make the navigation structure available.

Which of the following is the app type you should use?
- Canvas app
- Model-driven app
- Portal
- Xamarin

MB-340 : All Parts

MB-340 : Microsoft Dynamics 365 Commerce Functional Consultant (beta) : All Parts
MB-340 Part 01	MB-340 Part 02	MB-340 Part 03

MB-340 : Microsoft Dynamics 365 Commerce Functional Consultant (beta) : Part 03

You work as the Accounts Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has sold a number of fixed assets.

You plan to enter the Fixed assets transactions in the Free text invoice page in Accounts Receivable.

For free text invoices, the fixed asset transaction type will be which of the following?

You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

You need to configure a budget in Dynamics 365 Finance. The budget must include details about planned hours, expenses, fees, and items.

Which of the following budget options should you configure?

You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has several financial dimensions and an organizational hierarchy configured for budgeting.

You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the data in a budget plan to accurately portray the projected amounts.

You need to determine which allocation method to use to allocate budget plan lines from the source budget planning scenario to lines in the destination scenario, based on the percentages and financial dimensions that are defined in a selected budget allocation term.

Which of the following allocation methods meets the requirement?

You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has several financial dimensions and an organizational hierarchy configured for budgeting.

You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the data in a budget plan to accurately portray the projected amounts.

Several budget plans have been configured at lower levels within the organization. You need to consolidate the lower level budgets into a budget at a higher level within the organization.

Which of the following allocation methods meets the requirement?

You work as the Finance Director for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

The company has several financial dimensions and an organizational hierarchy configured for budgeting.

You are configuring budgets within the organization. You need to configure the correct allocation method to distribute the data in a budget plan to accurately portray the projected amounts.

A budget plan has been configured at the top level in the hierarchy. The budget amounts from the top-level budget need to be spread out across budget plans in lower-level dimensions for a more localized view.

Which of the following allocation methods meets the requirement?

Your role of Systems Administrator includes the management of your company’s Microsoft Dynamics 365 Finance system.

Departmental managers need to be able to select different fiscal periods when configuring their budgets.

You need to configure the budgeting module to meet the requirements.

Which of the following should you configure?

Your role of Systems Administrator includes the management of your company’s Microsoft Dynamics 365 Finance system.

You are configuring fixed assets in Dynamics 365 Finance. You have configured fixed asset groups and defined the cost threshold for an item to qualify as a fixed asset.

You need to configure the system to automatically identify purchases that qualify as fixed assets. If an item qualifies as a fixed asset, it must be automatically added to the appropriate fixed asset group.

Which of the following should you configure?

You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

A budget was configured at the start of the year for several large projects.

During the budget cycle, the company decides to start a new project.

You need to reallocate funds from the existing budget to the new project.

Which of the following budget codes should you use for the reallocation of the budget funds?

You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

Budgets have been configured and approved for the upcoming fiscal period.

You need to configure budget control to allow only specific users to post transactions that exceed the budget.

Which of the following should you configure?

You work as the Finance Manager for a company. The company uses Microsoft Dynamics 365 Finance for its accounting system.

Budgets have been configured and approved for the upcoming fiscal period.

You need to configure budget control. You need to configure the formula for the calculation of the remaining budget to include draft or unposted documents.

On which tab in budget control can you configure the required setting?

You have been tasked with restarting Internet Information Service (IIS) service in a nonproduction Tier 2 environment.

You have signed in to Lifecycle Services (LCS), and selected the necessary environment.

Which of the following is the page you should navigate to?

You are developing a new Dynamics 365 Finance system for your company.

You want to create test plans that members of your team can use to test code during the development of the system.

You want to use a utility that will track and document test plans, as well as issues and their remediations.

What utility should you use?

Your company has a Lifecycle Services (LCS) project for which you are the owner. The LCS project will be used to install a Dynamics 365 for Finance and Operations environment.

Testers must have the ability to document procedures that become business processes and test plans.

You want to make sure that the system is configured to produce User Acceptance Testing (UAT) test plans.

Which of the following actions should you take FIRST?

Your company has a Dynamics 365 Finance environment that has been extensively modified.

Various users have begun complaining about a number of significant problems.

A new hotfix that will remedy these problems has become available. You want to make sure that the hotfix does not disrupt any modifications.

You have downloaded the hotfix from Lifecycle Services (LCS) and install the hotfix in your Microsoft Azure DevOps application development environment in an Active state.

Does this action indicate whether the hotfix disrupts any modifications or not?

Your company has a Dynamics 365 Finance environment that has been extensively modified.

Various users have begun complaining about a number of significant problems.

A new hotfix that will remedy these problems has become available. You want to make sure that the hotfix does not disrupt any modifications.

You have downloaded the hotfix from Lifecycle Services (LCS) and install the hotfix in your Microsoft Azure DevOps application development environment in an Idle state.

Does this action indicate whether the hotfix disrupts any modifications or not?

Your company has a Dynamics 365 Finance environment that has been extensively modified.

Various users have begun complaining about a number of significant problems.

A new hotfix that will remedy these problems has become available. You want to make sure that the hotfix does not disrupt any modifications.

You have downloaded the hotfix from Lifecycle Services (LCS) and install the hotfix in your Microsoft Azure DevOps application development environment in a Pending state.

Does this action indicate whether the hotfix disrupts any modifications or not?

Your company has a Dynamics 365 Finance environment that includes the use of Lifecycle Services (LCS).

You want to make sure that you are able to use Business Process Modeler (BPM) in the environment.

Which of the following is TRUE with regards to using BPM?

Your company has Dynamics 365 Finance system.

You are documenting the steps required to add a new customer to the system by using the Task Recorder utility. You want to add a credit check step that will be performed by a third-party app.

You want the credit check step to be part of the documentation.

How should you add the credit check step?

You are preparing to migrate data to Dynamics 365 Finance from a personalized version of a legacy application. A number of the fields in the entity are identical, while others vary.

You want to automatically map as much fields as you can within Dynamics 365 Finance.

You make use of the Mapping visualization tool.