Microsoft Dynamics 365: Finance and Operations Apps Solution Architect - MB-700 FREE EXAM DUMPS QUESTIONS & ANSWERS
A company uses Dynamics 365 Finance. The company is preparing to update to the current version. You need to review information about changes that may break the current version of the product. Where can you find these changes?
Correct Answer: D
Vote an answer
A company plans an implementation of Dynamics 365 Finance and Dynamics 365 Supply Chain Management.
The company ' s chief information officer (CIO) requites that all leading industry practices be followed for business processes.
The collections department identifies processes that are unique to that department.
The collections department requires the following information to be able to comply with the ClO ' s directive:
* Where to find leading industry practice standards.
* How to upload documentation of custom processes.
You need to recommend the appropriate Business Process Modeler (BPM) components.
Which component should you select for each requirement? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
The company ' s chief information officer (CIO) requites that all leading industry practices be followed for business processes.
The collections department identifies processes that are unique to that department.
The collections department requires the following information to be able to comply with the ClO ' s directive:
* Where to find leading industry practice standards.
* How to upload documentation of custom processes.
You need to recommend the appropriate Business Process Modeler (BPM) components.
Which component should you select for each requirement? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
A company plans to implement Dynamics 365 Finance and Supply Chain Management. The company uses passwords to manage access.
The company wants to replace passwords with Microsoft Azure security features.
You need to recommend a security solution for the company.
What should you recommend?
The company wants to replace passwords with Microsoft Azure security features.
You need to recommend a security solution for the company.
What should you recommend?
Correct Answer: D
Vote an answer
A company uses Dynamics 365 Supply Chain Management.
The company needs to import daily sales from a third-party financial system into Dynamics 365 Supply Chain Management.
The third-party financial system sends daily sales transactions to an FTP location in a comma separated values (CSV) file.
The third-party financial system CSV data is in a format that cannot be imported directly into Dynamics 365 Supply Chain Management. Sales transactions include multiple fields that must be consolidated into a single field in Dynamics 365 Supply Chain Management.
Data management is enabled
You need to identify the integration process phases in which to import the data.
Which phases should you use? To answer, drag the appropriate phases to the correct actions. Each phase 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.
The company needs to import daily sales from a third-party financial system into Dynamics 365 Supply Chain Management.
The third-party financial system sends daily sales transactions to an FTP location in a comma separated values (CSV) file.
The third-party financial system CSV data is in a format that cannot be imported directly into Dynamics 365 Supply Chain Management. Sales transactions include multiple fields that must be consolidated into a single field in Dynamics 365 Supply Chain Management.
Data management is enabled
You need to identify the integration process phases in which to import the data.
Which phases should you use? To answer, drag the appropriate phases to the correct actions. Each phase 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.
Correct Answer:
Explanation:
A toy manufacturer keeps finished products in a physical warehouse.
The manufacturer and distributor use different inventory control software.
Sales orders are used to move inventory to the distributor.
The distributor must be notified immediately when the toy manufacturer ships an order.
You need to determine a solution for providing notifications to the distributor's inventory system.
What are three possible ways to achieve this goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
The manufacturer and distributor use different inventory control software.
Sales orders are used to move inventory to the distributor.
The distributor must be notified immediately when the toy manufacturer ships an order.
You need to determine a solution for providing notifications to the distributor's inventory system.
What are three possible ways to achieve this goal? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
Correct Answer: B,D,E
Vote an answer
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 with multiple legal entities implements Dynamics 365 Finance.
You need to recommend options to ensure that you can provide customized financial reporting across the legal entities.
Solution: Create separate departments to manage functional areas. Does the solution meet the goal?
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 with multiple legal entities implements Dynamics 365 Finance.
You need to recommend options to ensure that you can provide customized financial reporting across the legal entities.
Solution: Create separate departments to manage functional areas. Does the solution meet the goal?
Correct Answer: A
Vote an answer
A company is planning a Dynamics 365 Supply Chain Management implementation. The existing system will be shut down after go-live of the new enterprise resource planning (ERP) system.
The company requires that all transactional and master data from the existing ERP be stored in a single location.
The company also requires that the master data connect to Dynamics 365 Supply Chain Management for updates throughout the lifecycle of the implementation and at go-live.
You need to determine which tool meets the requirements.
Which tool should you select?
The company requires that all transactional and master data from the existing ERP be stored in a single location.
The company also requires that the master data connect to Dynamics 365 Supply Chain Management for updates throughout the lifecycle of the implementation and at go-live.
You need to determine which tool meets the requirements.
Which tool should you select?
Correct Answer: B
Vote an answer
A professional services company is implementing Dynamics 365 Finance. The company has the follo wing business entities:
You need to configure the system to support this organizational structure.
How should you configure the organization? To answer, drag the appropriate configurations to the correct entities. 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.
You need to configure the system to support this organizational structure.
How should you configure the organization? To answer, drag the appropriate configurations to the correct entities. 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.
Correct Answer:
Explanation:
Box 1: Legal entity
Box 2: Legal entity for elimination
Elimination transactions are required when a parent legal entity does business with one or more subsidiary legal entities and uses consolidated fin ancial reporting. Consolidated financial statements must include only transactions that occur between the consolidated organization and other entities outside that organizations.
Therefore, transactions between legal entities that are part of the same orga nization must be removed, or eliminated, from the general ledger, so they don ' t appear on financial reports. There are multiple ways to report about eliminations:
An elimination rule can be created and processed in a consolidation or elimination company.
Financial reporting can be used to show the eliminations accounts and dimensions on a specific row or column.
A separate legal entity can be used to post manual transaction entries to track eliminations.
Reference: https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/elimination-rules
You need to resolve the issue reported by the project management department users, What should you do?
Correct Answer: C
Vote an answer
A company manufactures and distributes sporting goods. The company uses Dynamics 365 Finance and Project Operations.
A user's primary role is managing projects. The user must also have access to trial balances and journal entries.
You need to determine the correct license assignment for this user.
Which two licenses should you assign to the user? Each correct answers presents part of the solution.
NOTE : Each correct selection is worth one point.
A user's primary role is managing projects. The user must also have access to trial balances and journal entries.
You need to determine the correct license assignment for this user.
Which two licenses should you assign to the user? Each correct answers presents part of the solution.
NOTE : Each correct selection is worth one point.
Correct Answer: B,C
Vote an answer
Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).
A professional services comp any implements Dynamics 365 Finance using the FastTrack Success by Design framework.
You need to describe the various phases of the implementation to company stakeholders.
In which phase is the activity performed? To answer, drag the appropriate phases t o the correct activities.
Each phase 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.
You need to describe the various phases of the implementation to company stakeholders.
In which phase is the activity performed? To answer, drag the appropriate phases t o the correct activities.
Each phase 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.
Correct Answer:
Explanation:
Reference:
https://docs.microsoft.com/ en-us/dynamics365/fasttrack/success-by-design-overview
You need to determine which system functionality meets the business requirement.
What should you recommend? To answer, drag the appropriate functionalities to the correct requirements.
Each functionality 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.
What should you recommend? To answer, drag the appropriate functionalities to the correct requirements.
Each functionality 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.
Correct Answer:
Explanation:
A company is planning a Dynamics 365 Supply Chain Management implementation. The company expects that a high number of customizations will be required due to the nature of its business.
The company has the following requirements for the customizations:
* Code that is written must not create issues with any future service updates.
* Models that contain code must simplify the application lifecycle management (ALM) strategy.
You need to define the code management strategy.
Which actions should you use in the strategy? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
The company has the following requirements for the customizations:
* Code that is written must not create issues with any future service updates.
* Models that contain code must simplify the application lifecycle management (ALM) strategy.
You need to define the code management strategy.
Which actions should you use in the strategy? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Correct Answer:
Explanation:
