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Exam2pass > Microsoft > Microsoft Certifications > MB-340 > MB-340 Online Practice Questions and Answers

MB-340 Online Practice Questions and Answers

Questions 4

A company uses Dynamics 365 Commerce.

The company wants to increase the selling price for specific items.

You need to update the item price.

What are three possible ways to achieve this goal? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

A. Sales agreements

B. Category price rules

C. Affiliation pricing

D. Base price

E. Sales price trade agreement

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Correct Answer: BDE

D: The easiest place to set the price for a product is directly on the product. The value that you set directly on a product is often referred to as the base price for the product. You set the base price in the Price field on the Sell tab of the

Released product details page.

E: Sales price trade agreement

By using the trade agreement journal, you can create sales price trade agreements for each product. In Microsoft Dynamics 365, there are three customer scopes for sales price trade agreements: Table, Group, and All. The customer scope

determines the customers that a given sales price trade agreement applies to.

A Table sales price trade agreement is for a single customer that is set directly on the trade agreement. This scenario isn't a typical business-to-consumer (B2C) scenario. However, if it occurs, the pricing engine uses Table trade agreements

when it determines price.

B: Category price rules

The prices can be increased or decreased by using the Price rule and Price basis fields of the category price rules.

Reference: https://docs.microsoft.com/en-us/dynamics365/commerce/price-management#setting-prices

Questions 5

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while

others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

A company implements Dynamics 365 Commerce. Call center agents take orders over the phone, modify existing orders, issue credits, place orders on hold, and provide warranty support.

Call centers must meet the following requirements:

1.

User1 and User2 must be able to perform payments. User3 must not be able to perform payment processing

2.

All agents must be able to offer directed selling

3.

All agents must be able to change the sales price of an item during order entry

4.

All refunds must be applied to the account for the customer who made the purchase

You need to configure call center functionality.

Solution:

Create a call center and add User1 and User2 as channel users. Set Enable order completion, Enable directed selling, and Enable order price control to Yes.

Create another call center and add User3 as a channel user. Set Enable directed selling and Enable order price control to Yes. Set Enable order completion to No.

Does the solution meet the goal?

A. Yes

B. No

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Correct Answer: A

Questions 6

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

You are configuring the system to ensure that when creating sales orders, the sales tax is automatically calculated when an item is added to a sales order line.

When testing the configuration, you discover that the sales tax is not calculated for the sales order line.

You need to verify the configuration.

Which of the following should you check?

A. Ensure that the sales tax code is associated with both the sales tax group and the item sales tax group.

B. Ensure that the sales tax code is associated with the sales tax group but not the item sales tax group.

C. Ensure that the sales tax code is associated with the item sales tax group but not the sales tax group.

D. Ensure that the sales tax code is not associated with either the sales tax group or the item sales tax group.

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Correct Answer: A

https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/media/taxoverview1.jpg

Questions 7

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?

A. Aggregate

B. Distribute

C. Allocate to dimension

D. Copy from budget plan

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Correct Answer: B

Reference: https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-planning-data-allocation

Questions 8

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

Invoice matching validation has been configured. Multiple matching policies have been applied at different matching policy levels.

When viewing the configuration, you discover that an item named Item1 supplied by a vendor named Vendor1 is affected by multiple matching policies applied at different levels.

You need to determine which matching policy will be applied.

Which of the following statements is true?

A. The matching policy applied at the Item level will apply.

B. The matching policy applied at the Vendor level will apply.

C. The matching policy applied at the Legal entity level will apply.

D. The matching policy applied at the Item and vendor level will apply.

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Correct Answer: D

Questions 9

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?

A. Yes, it does

B. No, it does not

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Correct Answer: B

Reference: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/migration-upgrade/install-metadata-hotfix-package

Questions 10

A retailer uses Dynamics 365 Commerce for its point of sale (POS) operations. One of the retailer's stores has two cashiers that use a shared shift. At the start of the day, the first cashier declares the register drawer's cash balance. At the

end of the day, the single shift for both cashiers is closed. After lunch, one of the cashiers has a sense that the register drawer might be missing money. The cashier wants to spot check which tenders have been collected by type for that

register.

You need to identify which POS operation to run.

Which operation should you identify?

A. Print X

B. Print fiscal Z

C. Show journal

D. Reprint Z

E. Manage safes

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Correct Answer: A

Questions 11

You need to generate the static reports for the stores and for the student records. Which technology should you use?

A. SQL Server stored procedures

B. Dynamics 365 Commerce

C. Lifecycle Services

D. Dynamics 365 Modern POS

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Correct Answer: C

Generate reports for your online channel in Microsoft Dynamics 365 Commerce.

You can generate and view several reports in Commerce to see how your online channel is performing.

For example, the Channel summary report

The Channel summary report shows a summary of the following transactions for the selected channel:

Sales transactions

Payment transactions

Tax transactions

Discounted transactions

Reference: https://docs.microsoft.com/en-us/dynamics365/commerce/generate-reports

Questions 12

HOTSPOT

A company wants to make sure that tasks are performed by the correct store workers at the correct times.

You need to enable task notifications, details, statuses, and links to reports for store workers on POS devices.

How should you configure the system? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Hot Area:

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Correct Answer:

Box 1: Task Management

Before Dynamics 365 Commerce managers and employees can use the task management features in Commerce, task management must be configured.

Box 2: Retail task manager

Configure permissions for employees

Employees must have permissions to create task lists, manage assignment criteria, and configure the recurrence of any task list. To configure these permissions, you assign employees to the Retail task manager role.

Incorrect:

* Retail Store Manager Every worker in a given store can view all tasks that are assigned to that store. They can also update the status of the tasks that are assigned to them. However, personas such as store managers must have task management permissions to manage tasks that are assigned to the store and to create single-purpose tasks.

Box 3: POS Operation

User POS Operation to configure a POS operation, such as "Sales reports." (see 2 below)

Note: Use task links to help improve worker productivity

Commerce lets you link tasks to specific POS operations, such as running a sales report, viewing an online training video for new employee orientation, or performing a back-office operation. This feature helps task owners get the information

that they need to complete a task efficiently.

To add task links while you create a task, follow these steps.

1.

On the Tasks FastTab of an existing task list, select Edit.

2.

In the Edit task dialog box, in the Task link field, select one or more of the following options:

Select Menu item to configure a back-office operation, such as "Product kits." Select POS Operation to configure a POS operation, such as "Sales reports." Select URL to configure an absolute URL.

Reference: https://docs.microsoft.com/en-us/dynamics365/commerce/task-mgmt-configure https://docs.microsoft.com/en-us/dynamics365/commerce/task-mgmt-create-lists

Questions 13

HOTSPOT

You need to configure the mobile POS terminal used for the store pickups and connect the payment device.

Which components should you use? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Hot Area:

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Correct Answer:

Reference: https://docs.microsoft.com/en-us/dynamics365/commerce/mpos-or-cpos

https://docs.microsoft.com/en-us/dynamics365/commerce/retail-peripherals-overview

Exam Code: MB-340
Exam Name: Microsoft Dynamics 365 Commerce Functional Consultant
Last Update: Mar 12, 2024
Questions: 179

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