MB-330 Practice Test

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 has an agreement to pay royalties to a third party for use of their logo.
A royalty contract must be setup so that the third party paid monthly. The payment is based
on invoiced sales.
You need to create a royalty contract and create monthly Accounts payable to the third
party.
Solution: Create a royalty claim in Accounts receivable. Set up the third party as a
customer to be paid royalties for use of the logo.
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 has an agreement to pay royalties to a third party for use of their logo.
A royalty contract must be setup so that the third party paid monthly. The payment is based
on invoiced sales.
You need to create a royalty contract and create monthly Accounts payable to the third
party.
Solution: Add line items to a royalty contract with the associated customer and create sales
orders for the items.
Doss the solution meet the goal?

A.

Yes

B.

No

Inventory in a warehouse is assigned to an inventory status of available.
You need to set up an inventory status for damaged items so that they are not sold to
customers.
Which values should you use? To answer, select the appropriate options in the answer
area.
NOTE: Each correct selection is worth one point

A distribution company wants to set up barcodes in their Dynamics 365 Supply Chain
Management system for warehouse scanning.
Barcodes will be entered manually.
You need to minimize the risk of errors on barcode entry.
What should you do?

A.

Create a new barcode, enter the value, select the type, and enter the mask.

B.

Select an item, select the barcode type, select max length, and enter the value.

C.

Select an item and set up security on the barcode field.

D.

Create a new barcode, enter the value, select the type, and enter the size and max
length.

A company employee is in charge of warehouse operations and controlling inventory
adjustments through journals.
The employee needs to add inventory for samples at a specific cost. The samples were
shipped by a vendor without a purchase order. The employee needs to be sure that the
inventory value goes to a ledger account so that the value of the samples is not mixed in
with another inventory value.
You need to ensure that the employee is able to correctly add the inventory.
What should you do?

A.

Create a movement journal, add the cost, and specify the offset ledger account on the
line.

B.

Create an adjustment journal, add the cost, and specify the offset ledger account on the
line.

C.

Create an arrival journal, add the cost, and specify the offset ledger account on the line.

D.

Create a transfer journal, transfer to a different warehouse, and then adjust the cost.