MB-340 Online Practice Questions and Answers

A company plans to create a discount that applies to all items in a shopping cart.

The discount must override any other applied discounts.

You need to set up the discount.

Which discount type should you use?

A. Exclusive

B. Best price

C. Compounded

D. Best performance

A company implements Dynamics 365 Commerce to manage stores.

A store worker receives an error that is related to the volume of inbound purchase lines in Modern POS.

You need to use an inbound inventory operation to process the purchase order.

Which two options should you configure? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

A. Retail Document Operation Processing batch

B. Retail Document Operation Monitor batch

C. Validate store transactions

D. Post inventory

E. Process Item Counting

A company uses Dynamics 365 Commerce to manage stores. The company deploys and uses all available reporting features.

Dual-write and virtual entities are not in use. The company's IT department create reports for regional managers and other stakeholders.

The IT department reports that they are overwhelmed with requests for reports. The IT director wants managers to use a self-service tools to review the reports.

You need to recommend a tool to meet this requirement.

What should you recommend?

A. Microsoft Teams

B. Power BI service

C. Power Virtual Agents

D. Dynamics 365 Commerce

A company has recently deployed Microsoft Dynamics 365 Finance.

You have been hired as a Functional Consultant. Your role will include the management of the Dynamics 365 Finance system and to provide training for members of the Accounts team.

You are providing training on the cost accounting module in the Dynamics 365 Finance system.

Which of the following statements describes a cost entry?

A. Used to distribute cost from one cost object to one or more other cost objects by applying a relevant allocation base.

B. Used to allocate the balance of a cost object to other cost objects by applying an allocation base

C. Represents the cost structure. The structure determines how cost flows in a hierarchical order between cost object dimensions and their respective cost objects.

D. The result of a transfer via data connectors from general ledger entries, cost allocations, and posted cost entries in cost journals.

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.

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?

A. Workforce budget

B. Fixed asset budget

C. Project budget

D. Demand forecasting

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?

A. Transfer

B. Revision

C. Encumbrance

D. Original budget

E. Carry-forward budget

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?

A. Task recorder for Finance and Operations apps

B. Business process modeler (BPM) Library

C. Microsoft Azure DevOps

D. Microsoft Power Platform.

E. Configuration data manager

DRAG DROP

A company uses Dynamics 365 Commerce Modern POS across 100 stores.

Stores receive product deliveries directly from vendors. The stores use the inbound inventory operation within Modern POS to receive the orders into store inventory.

A store encounters the following error when trying to receive an order:

The quantity entered exceeds the over-delivery tolerance. The maximum total quantity you can receive for this product is '15'.

You need to resolve the issue and prevent it from happening again.

What should you do? To answer, drag the appropriate actions to the correct requirements. Each action 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.

Select and Place:

DRAG DROP

A company uses Dynamics 365 Commerce.

The company offers multiple discounts on each product. Each discount type has a different priority.

You need to configure the discount engine parameters.

What should you configure? To answer, drag the appropriate configurations to the correct requirements. Each configuration 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.

Select and Place: