MB-700 : Microsoft Dynamics 365 Finance and Operations Apps Solution Architect : Part 01

MB-700 : Microsoft Dynamics 365 Finance and Operations Apps Solution Architect : Part 01

1. A company uses a legacy finance application that runs on a single SQL Server instance. The company plans to implement Dynamics 365 Finance. The following table describes the current implementation and design decisions for the new implementation:

   

   You need to identify the gap in the migration plan.

   Which requirement should you identify as a gap?

   • Business logic
   • Users
   • User Interface
   • Reports
   • Data

2. DRAG DROP

   A client wants to create a custom view-only security role that allows users to view the customer list in the accounts receivable module. It must be accurately reported during a security audit.

   You need to recommend how to implement the privileges.

   Which five actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

   

   

3. HOTSPOT

   A United States-based company has a cloud-based Dynamics 365 Finance implementation. The company plans to open a new location in Mexico.

   Electronic invoicing is mandated in Mexico.

   You need to recommend a solution that meets Mexican localization reporting requirements.

   What should you recommend? To answer, select the appropriate options in the answer area.

   NOTE: Each correct selection is worth one point.

   

   

4. A company use Dynamics 365 Business Central.

   The company identifies the following issues:

   – Users report they cannot perform planning and dispatching of service orders or track bills of material in the system.
   – The finance department says that licensing costs are higher than budgeted.

   You need to recommend a solution to address the issues.

   What should you recommend?

   • Use the Lifecycle Services business process modeler to create service order management and manufacturing tasks in the BPM Library.
   • Perform a fit-gap analysis. Implement service order management and manufacturing business processes and license changes.
   • Configure all users as Business Central Premium users.
   • Ensure that the service order management and manufacturing processes steps are documented in a flow chart.
   • Configure all users as Business Central Essentials users.

5. A holding company with three independently managed and operated subsidiaries is implementing Dynamics 365 Finance.

   The company needs to ensure the restriction of data for each company from subsidiary counterparts.

   You need to determine an organization structure.

   Which structure should you recommend?

   • single legal entity with security policies
   • separate legal entities
   • single legal entity with custom business unit financial dimension
   • single entity that consolidates legal entities
   • single legal entity with default business unit financial dimension

6. HOTSPOT

   A company is determining which reporting tools to use as part of a Dynamics 365 Finance implementation.

   – Scenario A: Power users must use a free form tool to allow other power users to leverage transactional data to be consumed externally.
   – Scenario B: Developers must use a modeling tool to allow all users to leverage aggregated data to be consumed internally.
   – Scenario C: Developers must a free form tool to allow all users to leverage transactional and aggregated data to be consumed internally and externally.
   – Scenario D: Power users must use a free form tool to allow all users to leverage aggregated data to be consumed internally and externally.
   – Scenario E: Power users must use a modeling tool to allow other power users to leverage transactional data to be consumed externally.

   You need to recommend which tool should be used for each scenario.

   Which tool should you recommend? To answer, select the appropriate options in the answer area.

   NOTE: Each correct selection is worth one point.

   

   

7. DRAG DROP

   You need to determine user licensing options for Dynamics 365 Finance + Operations (on-premises).

   Which type of license should you recommend? To answer, drag the appropriate licenses to the correct users. Each license may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

   NOTE: Each correct selection is worth one point.

   

   

8. A company plans to implement Dynamics 365 Finance + Operations (on-premises).

   The company has system compliance requirements that must be addressed.

   You need to design the solution for the company.

   What should you address in the design?

   • employee retirement
   • data privacy
   • fair labor standards
   • equal employment opportunity

9. An organization is implementing Dynamics 365 Finance.

   The organization uses financial reports including detailed balance information in local currencies for all accounts. Reports must include general ledger account number and journal entry line description.

   You need to recommend a report that meets the requirements.

   Which report should you recommend?

   • Audit Details
   • Summary Trial Balance
   • Balance Sheet
   • Cash Flow

10. A trading company is concerned about the impact of General Data Protection Regulation (GDPR) on their business.

    The company needs to define personal data for their business purposes.

    You need to define personal data as defined by GDPR.

    Which three types of data are considered personal data? Each correct answer presents a complete solution.

    NOTE: Each correct selection is worth one point.

    • password
    • Social Security number
    • a portion of the address (region, street, postcode etc.)
    • International article (EAN) number
    • MAC address

11. A company needs to create customer-facing documents in Dynamics 365 Finance.

    The company does not have an in-house developer.

    You need to determine a solution for creating the documents.

    Which three tools should you recommend? Each correct answer presents a complete solution.

    NOTE: Each correct selection is worth one point.

    • SSRS reports
    • Microsoft Excel
    • Electronic reporting
    • Microsoft Word
    • Financial reports

12. HOTSPOT

    A customer is implementing Dynamics 365 Finance and Dynamics 365 Supply Chain Management.

    The customer wants to use this implementation to standardize business processes.

    You need to perform a gap analysis and recommend how to address the gaps.

    Which functionality should you recommend for each requirement? To answer, select the appropriate options in the answer area.

    NOTE: Each correct selection is worth one point.

    

    

13. HOTSPOT

    A distribution center uses Dynamics 365 Supply Chain Management.

    When product returns are received at the distribution center, they are inspected, and a replacement is sent to the customer. Customer service processes both the return receipts and replacement orders to speed up the process.

    The system must be able to prevent a single user from completing an entire return process.

    You need to recommend a solution.

    What should you recommend? To answer, select the appropriate options in the answer area.

    NOTE: Each correct selection is worth one point.

    

    

14. DRAG DROP

    An organization is implementing Dynamics 365 Finance.

    You need to assign security roles.

    Which tools should you use? To answer, drag the appropriate tools to the correct tasks. Each tool may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

    NOTE: Each correct selection is worth one point.

    

    

15. DRAG DROP

    Company policy restricts employees from filling expense reports for the reimbursement of alcoholic beverages.

    You need to recommend a solution that checks all expense reports for this requirement.

    Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

    

    

16. A company uses Dynamics 365 Finance and Supply Chain Management.

    The company would like to add a third-party solution for scheduling appointments.

    You need to recommend a solution to transfer critical schedule information.

    Which two actions should you perform to make a recommendation? Each correct answer presents part of the solution.

    NOTE: Each correct selection is worth one point.

    • Analyze the impact of the new system in each business unit.
    • Categorize business requirements for functional consultants to identify gaps in functionality.
    • Describe the new functionality that is missing in the current system.
    • Identify business processes that must be added, removed, or modified by functional consultants.

17. A German company is implementing a cloud-based Dynamics 365 system.

    The company needs to determine the best data storage solution for the following requirements:

    – Data must be stored in the European Union.
    – Data cannot be viewed by the United States government under the Patriot Act.
    – Data transfer exceptions can be made but must be authorized by the corporate legal team.

    You need to determine which cloud services may have to transfer data to the United States.

    Which three services should you review? Each correct answer presents a complete solution.

    NOTE: Each correct selection is worth one point.

    • Lifecycle Services
    • Technical support
    • Usage data
    • Power BI dashboard
    • Data center failover

18. A company is upgrading their AX 2012 R3 environment to Dynamics 365 Finance. The company plans to upgrade the data store by using a phased approach.

    You need to define the strategy to migrate master data and opening balances.

    Which tool should you recommend?

    • Data Import/Export Framework
    • Microsoft Dynamics AX Intelligent Data Management Framework
    • Combine XPO tool
    • Business process modeler

19. A company plans to implement Dynamics 365 Finance.

    The company’s current system contains sales tax-related data.

    You need to design a solution that sequences the transfer of sales tax codes and sales tax groups.

    What should you do?

    • Design a data migration scenario.
    • Write customization requirements.
    • Analyze data integration points.
    • Design user acceptance testing processes.

20. A data architect creates a document that specifies the data format to transfer data from an existing environment to a new environment.

    You need to create a requirement for the general ledger data.

    Which sequence number format is correct?

    • [Data Type Reference].[Module #].[Sequence Number]
    • [Sequence Number].[Data Type Reference].[Module #]
    • [Data Type Reference].[Sequence Number].[Module #]
    • [Module #].[Data Type Reference].[Sequence Number]