MB-700 Online Practice Questions and Answers
A company with multiple legal entities implements Dynamics 365 Finance. The company does not want to purchase additional licensing or incur development costs.
The company's controller notes that vendors exist in multiple companies. The system does not apply and does not post payments to the correct company.
The controller notes that a company-specific report exists for vendor payment journals.
You must replace the single company-specific report with a global report that displays the vendor payment journal status across all companies in the organization for a single vendor.
You must minimize development and creation of new reports.
You need to identify a tool to create the report.
What should you recommend?
A. Financial Reporter
B. Electronic reporting tool
C. View
D. SQL Server Reporting Services (SSRS)
E. Power Bl
A local community college uses Microsoft SharePoint Online to track and manage laptop computers that are issued to faculty and other employees. Information about all laptops must be visible in Asset Management for Dynamics 365 Supply
Chain Management. Users must be able to issue new laptop computers to faculty and other employees directly from the system.
You need to recommend a solution for the college.
Which two actions should you recommend? Each correct answer provides a complete solution.
NOTE: Each correct selection is worth one point.
A. Implement data management.
B. Implement human resources.
C. Embed PowerApps into the Employees form.
D. Implement fixed assets.
A client plans to implement Dynamics 365 Finance.
The client is unsure whether to use a cloud-based or on-premises implementation.
For which scenario should the client install the on-premises version of the app?
A. The client is concerned about their retail stores losing internet connection and not being able to process offline store transactions.
B. The client needs to comply with data sovereignty rules in a region where Microsoft Azure Data Centers are limited.
C. The client wants direct access to production environments.
D. The client has integrations that depend on direct Microsoft SQL access.
A travel agency is implementing Dynamics 365 Finance and Dynamics 365 Supply Chain Management. The agency must validate and perform these tasks during each regression cycle.
1.
Purchase and sales processes
2.
Payment gateway functionality to third-party integration
3.
Vendor payment
4.
Notifications
5.
Chart control
6.
Page refresh data consistency You need to determine which tasks can be performed using the Regression suite automation tool (RSAT). Which three tasks can be performed? Each Correct answer presents a complete solution. NOTE: Each correct selection is worth one point
A. chart control
B. notifications
C. page refresh data consistency
D. configure vendor payment settings
E. purchase and sales processes
An organization has implemented the accounts payable module in Dynamics 365 Finance. Corporate policy specifies the following:
1.
Managers and directors are allowed to approve invoices for payment.
2.
Users are allowed to delegate their signing authority to other users when they are out of the office.
3.
Accounts payable workflow will be used to assist in automating the signing process.
4.
Users whose job has signing authority can approve invoices for payment. You need to meet the organization's corporate policy. What should you recommend?
A. Create workflow rules.
B. Assign all jobs signing authority.
C. Create business event rules.
D. Email the delegation policy to all managers.
A company is using Dynamics 365 Finance.
You need to ensure that the production environment always uses the latest service updates from Microsoft. What should you recommend?
A. Deploy a production environment.
B. Set update settings for continuous updates.
C. Request the update through a service request.
D. Run the code upgrade service to analyze the code.
A manufacturing company has multiple factories and distribution centers in remote areas where they have poor internet connectivity. The company is planning to implement Dynamics 365 Supply Chain Management.
The company's main priorities are uninterrupted factory and distribution center operations, master data management, financial global reporting, and integration with analytics tools.
You need to design the infrastructure.
Solution: Implement the manufacturing factories' operations and distribution center operations on-premises and replicate the data to a Microsoft data center.
Does the solution meet the goal?
A. Yes
B. No
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?
A. single legal entity with security policies
B. separate legal entities
C. single legal entity with custom business unit financial dimension
D. single entity that consolidates legal entities
E. single legal entity with default business unit financial dimension
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.
A. SSRS reports
B. Microsoft Excel
C. Electronic reporting
D. Microsoft Word
E. Financial reports
A company plans to upgrade from Microsoft Dynamics AX 2012 to Dynamics 365 Finance and Dynamics 365 Supply Chain Management. The company has a large call center that uses a third-party system to enter sales orders.
The company decides to keep the third-party system and integrate it with Dynamics 365 Finance and Dynamics 365 Supply Chain Management.
The company also wants to reuse the Microsoft Dynamics AX 2012 integration and endpoints with Dynamics 365 Finance and Dynamics 365 Supply Chain Management.
For performance reasons, non-real-time integrations must be avoided.
All solutions that are proposed should be supported by Microsoft in case there are performance issues.
You need to plan the integration strategy.
What should you do?
A. Prioritize technical requirements over functional requirements.
B. Plan for testing in a production environment.
C. Plan for testing in a Tier 2+ environment.
D. Reuse the Application Integration Framework (AIF) and endpoint integration.
A company is upgrading its existing operational software to an enterprise resource planning (ERP) system and is evaluating Dynamics 365 Finance.
The company is setup with the following:
1.
One parent company based in the US and three fully owned subsidiaries that use US dollars (USD) for the accounting currency.
2.
Two partially owned subsidiaries that use Canadian dollars (CAD) for the accounting currency.
3.
Distribution facilities in both Canada and the US.
4.
Project managers travel to customer locations.
5.
Intercompany sales are transacted between the US subsidiaries.
6.
E-commerce business-to-business (B2B) sales.
7.
A call center that receives customer orders.
The company has the following requirements:
1.
Must provide an asset maintenance capability.
2.
Must provide a purchase requisition approval process.
3.
Must provide an invoice approval process.
You need to identify which functional component of Dynamics 365 Finance to implement.
Which functional component should you use?
A. Elimination
B. Asset maintenance work orders
C. Site and warehouse setup
D. Purchase requisition workflow
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 is. As a result, these questions will not appear in the review screen.
A company is planning a One Version strategy for its Dynamics 365 Finance implementation.
Developers use local, downloaded VHD development environments to develop new functionality. Previous developers had to redo some modifications because customizations were created on outdated versions of the software. The One
Version strategy must therefore include steps to ensure that developers are developing against the latest updates.
You need to include an update strategy for the development environments.
Solution: Update the VHD development environments with the generally available update version of each Dynamics 365 Finance major and minor service release.
Does the solution meet the goal?
A. Yes
B. No
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 is implementing Dynamics 365 Finance and Operations applications.
The company has the following security requirements:
1.
Employees working from home must use company-managed devices only to access the applications.
2.
Users with administrative roles must use multi-factor authentication (MFA).
You need to implement a security solution.
Solution: Configure Dynamics 365 Finance security.
Does the solution meet the goal?
A. Yes
B. No
HOTSPOT
A food production company is implementing Dynamics 365 Supply Chain Management.
The company must run production for salad kits that do not contain nut allergens first, and salad kits that do contain nut allergens second to avoid cross contamination. The salad kits create by-products.
You need to identify business process steps to ensure that production orders for salad kits that are free of nut allergens are produced first.
What should you do? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:
HOTSPOT
You need to implement a solution for entering the methodology information for the project.
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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