Exam MB-330 topic 18 question 1 discussion

Actual exam question from Microsoft's MB-330

Question #: 1
Topic #: 18

DRAG DROP -
You need to configure the system to meet the inventory team cost control requirement.
Which processes should you run? To answer, drag the appropriate processes to the correct requirements. Each process 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.
Select and Place:

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Suggested Answer:

Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/inventory-close

by HelenaKaiser at Nov. 15, 2022, 7:29 a.m.

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globeearth

1 month, 2 weeks ago

Requirement 1: Daily Process: c. Inventory Recalculation Run this daily to provide the finance team with updated FIFO cost adjustments throughout the month, ensuring visibility into interim inventory values without finalizing them. Requirement 2: Monthly Process: b. Inventory Close Run this at the end of each month to settle FIFO costs, update the ledger, and generate the required reports with quantities, values, and exclusions.

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HelenaKaiser

1 year, 5 months ago

Should the first one not be Inventory Aging Report??

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Deetss

9 months, 3 weeks ago

I think inventory recalculation is correct. The key phrase being "...must be able to see updated FIFO *adjustments*... but will only settle FIFO for month-end reporting." The inventory recalculation allows for adjustments but doesn't make settlements: https://learn.microsoft.com/en-us/dynamics365/supply-chain/cost-management/inventory-close#inventory-recalculation-and-the-general-ledger

upvoted 2 times

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Exam MB-330 topic 18 question 1 discussion

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globeearth

HelenaKaiser

Deetss

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