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Q21. You need to configure the costing methodology to be a Weighted Average for all items. What should you configure?
A. product dimension groups
B. item model groups
C. tracking dimension groups
D. item groups
Answer: B
Q22. You are an accounts receivable manager.
Your company wants its top 10 customers in August to receive a best-selling product at a reduced price.
You need to establish a price.
Which two actions should you perform to configure Microsoft Dynamics AX Distribution and Trade for this task? Each correct answer presents part of the solution.
A. Set up the item sales price in the released product table.
B. Set up a Customer group for the 10 customers to be assigned to.
C. Setup a price/discount journal.
D. Set up a Price/Discount group for the 10 customers.
Answer: C,D
Q23. You are creating new sales agreements for a new customer. The commitment type is configured to be product quantity commitment.
Which two settings are available for this type of agreement and unavailable for other types ofagreements? Each correct answer presents a complete solution.
A. Amount
B. Unit
C. Discount
D. Quantity
Answer: B,D
Q24. You are a purchasing agent.
Your company agrees on a purchase price with a supplier. You create a purchase agreement.
Which two tasks can you perform with the agreement? Each correct answer presents part of the solution.
A. Createa release order when no commitment is defined for quantity of a product.
B. Create purchase agreements based on quality or weight.
C. Define a validity period for the purchase agreement.
D. Put purchase agreements on hold during ordering.
Answer: C,D
Q25. You need to explain the new sales quotation process to your sales team.
You want to cover the items that are included in the basic quotation to the customer. Which three items are included in a quotation? Each correct answer presents part of the
solution.
A. trade agreements
B. sales agreements
C. discounts
D. taxes and surcharges
E. direct delivery
Answer: A,C,D
Q26. You are the accounts receivable manager.
You need to configure Microsoft Dynamics AX Distribution and Trade so that your customer receives a 6 percent discount on all low-margin items that they buy from you from April 1 through April 30.
What should you create?
A. a purchase agreement
B. a price discount journal
C. a line discount journal
D. a sales agreement
Answer: B
Q27. You are the payroll manager for your company. You are responsible for paying commission to sales personnel. The company has a rule that commission rates are based on number of years of employment withthe company.
You need to configure Microsoft Dynamics AX Distribution and Trade to calculate these amounts.
Which three setups must be completed to configure these calculations? Each correct answer presents part of the solution.
A. Pay agreements
B. Sales group
C. Calculation parameters
D. Commission calculation
E. Employee
Answer: B,D,E
Q28. You are working with a vendor who supplies you with apparel and sporting good products. You are negotiating a new purchase agreement with thevendor.
The agreement terms you have arranged with the vendor are for a 3 percent discount on all of the sporting good products when the order volume over the next month is at least 50,000 USD.
Which commitment type should you use?
A. product quantity
B. product value
C. product category value
D. value
Answer: C
Q29. You create a purchase requisition and add requisition lines.
What is the status of the purchase requisition before submitting it to the workflow?
A. In review
B. In process
C. Draft
D. Approved
Answer: C
Q30. You are the controller at Contoso, Ltd. You have configured the chart ofaccounts for the company and included two main accounts that should be used for posting vendor account balances. One is used for regular external vendor accounts, and the other is used for intercompany vendor accounts.
You need to configure the system touse these two main accounts. What should you do?
A. Create a vendor posting profile.
B. Create a journal name.
C. Create an inventory posting profile.
D. Create an allocation journal.
Answer: A