Exam MB-330 topic 3 question 28 discussion

Actual exam question from Microsoft's MB-330

Question #: 28
Topic #: 3

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 other 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.

Show Suggested Answer

Suggested Answer: A 🗳️
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/inventory/inventory-journals

by PhuongBe at Oct. 10, 2019, 7:12 a.m.

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PhuongBe

Highly Voted 4 years, 3 months ago

=> Movement When you use an inventory movement journal, you can add cost to an item when you add inventory, but you must manually allocate the additional cost to a particular general ledger account by specifying a general ledger offset account when you create the journal. This inventory journal type is useful if you want to overwrite the default posting accounts. B. Create an adjustment journal, add the cost, and specify the offset ledger account on the line. => Not select offset ledger account for Adjustment journal C. Create an arrival journal, add the cost, and specify the offset ledger account on the line. => Not select offset ledger account for Arrival journal D. Create a transfer journal, transfer to a different warehouse, and then adjust the cost. => “needs to add inventory for samples at a specific cost” => Not use transfer journal

upvoted 12 times

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AmrKamal

Most Recent 1 month, 1 week ago

Selected Answer: A

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

upvoted 1 times

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patrick364

1 year, 4 months ago

I dont quite understand the question. Doesn't the movement control the offset account only? How can we archive the following? "the inventory value goes to a ledger account so that the value of the samples is not mixed in with other inventory value." In order to archive this, we need to configurate the item master item group and inventory posting account.

upvoted 1 times

Yugene

1 year ago

You configure item master, item group and inventory posting profile at the beginning when you start using the system or add a new item. Once you have already configured this, you can use the movement journal to move inventory, add cost/value, and post to a specified/desired offset GL account (different from the one you earlier configure).

upvoted 1 times

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