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Slide 2: Question: 1 At what level are Physical Attribute Definitions such as Style, Size, and Color defined? A. ABC Codes B. Product Lines C. Movement Classes D. Product Classes Answer: D Question: 2 Which inventory valuation method is used to maintain cost layers for items based on receipt date? A. FIFO B. Average Cost C. User-Specified Cost D. Specific Identification Answer: A Question: 3 Which feature in the Inventory module can be used to associate characteristics to inventory items for searching purposes? A. ABC Codes B. Product Classes C. Physical Cycles D. Physical Attributes Answer: D Question: 4 In the Kit Assembly screen of the Inventory module, which functions can be performed(choose more than one) A. Assemble Stock Kits B. Assemble Non-stock Kits C. If the Allow Non-Component Assembly field in IN Setup is checked, items not originally a component of the kit can be added to the kit. D. If the Verify Quantity field in the Inventory Item screen for the Kit is checked, items not originally a component of the kit can be added to a kit. Answer: A, C Question: 5 In order to turn an inventory item into a kit, what must be done to achieve this? A. Give the item at least one component in the Kits screen. B. Associate the Kit Inventory Class to the inventory item. C. Create an assembly plan for the kit in the Assembly Plans screen D. Open the Inventory Items screen and change the Kit Type field from blank to Kit Answer: A
Slide 3: Question: 6 A client may activate the Customer Priority Scheduling feature in Microsoft Dynamics SL, what are the reasons for this? (choose more than one) A. The client wants to perform the quantity availability calculations manually. B. The ability to reserve inventory items for higher priority customers is needed. C. The ability to determine which orders receive product when an item is oversold is needed. D. The client wants to include all work orders from the Work Order module in the inventory availability calculation Answer: B, C Question: 7 Which of the following can prevent a user from entering and releasing a transfer batch? (choose more than one) A. The location to which the inventory is being transferred has the Receipts Allowed option set to No Receipts Allowed. B. The To Warehouse Bin Location has not been set up, and the Warehouse Bin Location Validation field in IN Setup is set to None. C. Inventory is set up to disallow negative inventory and there is insufficient quantity for the item in the From Warehouse Bin Location. D. The To Warehouse Bin Location has not been set up, and the Warehouse Bin Location Validation field in IN Setup is set to Warning But Add to Table. Answer: A, C Question: 8 How are inventory quantities affected when a return of a stock kit is processed? A. Because a return of kit items is not allowed in the Inventory module, inventory quantities are not affected. B. The quantities of the kit component items are increased based on the definition of the kit at the time that the kit was assembled. C. The quantities for the kit inventory item are increased, the return has no effect on any of the component item quantities or costs. D. The quantities of the kit component items are increased based on the definition of the kit at the time that the return of the kit is processed Answer: C Question: 9 Which line types create a customer invoice in the Accounts Receivable module when you use the Issues screen in the Inventory module? A. Issue B. Return C. Invoice D. The Issues screen cannot be used to update customer balances Answer: D Question: 10 Unit Conversions can be set up and used for which of the following? (choose more than one)
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