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Vendor: Microsoft
Exam Code: MB6-703
Exam Name: Microsoft Dynamics AX 2012 R3 Trade and Logistics
Version: DEMO
QUESTION 1
You plan to create a product template.
Which three settings will be copied when you create a new productthat is based on the product template? Each correct answer presents part of the solution.

A.    Item price
B.    Item group
C.    Tracking dimension group
D.    Item model group
E.    Units of measure

Answer: BDE

QUESTION 2
Warehouse is specified as the primary stocking dimension in the storage dimension group for an item.
You create a sales orders for the item and you specify a warehouse.
The sales order is configured for automatic reservation.
You need to identify which process Dynamics AX uses to reserve the item.
What should you identify?

A.    A reservation is made according to the first in, first out (FIFO) principle.
B.    A reservation is made against the item only at the warehouse specified.
C.    A reservation is made against the dimension that has the lowest alphanumeric name.
D.    A reservation is made according to the last in, first out (UFO) principle.

Answer: B

QUESTION 3
You need to establish picking routes.
Which two types of information do you need? Each correct answer presents part of the solution.

A.    The height of the locations
B.    The proximity of the outbound dock
C.    The direction in which to travel through the warehouse
D.    The number of aisles

Answer: BC

QUESTION 4
You are creating a new item model group.
Which three of the following can you configure by using the Item model group form? Each correct answer presents a complete solution.

A.    Whether quality testing is mandatory before accepting Items into Inventory
B.    The ability to sell an item at a discount
C.    The ability to accrue liability on a product receipt
D.    Inventory that can have negative quantities on hand
E.    How transactions will post to the ledger during a financial update

Answer: CDE

QUESTION 5
You need to ensure that a shipment from a vendor can be accepted into inventory, even if the quantity of the product received is greater than the amount ordered.
What should you configure?

A.    Me inventory and warehouse management parameters
B.    The procurement and sourcing parameters
C.    The product Information management parameters
D.    The accounts payable parameters

Answer: C

QUESTION 6
You plan to set up a commission structure in Dynamics AX.
You need to configure the groups for commission calculations.
Which three types of groups should you configure? Each correct answer presents part of the solution.

A.    Item groups
B.    Commission customer groups
C.    Sales groups
D.    Item discount groups
E.    Campaign groups

Answer: ABC

QUESTION 7
You need to derive the sales price of an item while calculating a bill of materials (BOM).
Which settings should you configure?

A.    Profit setting
B.    Calculation group
C.    Item purchase price
D.    Cost group

Answer: D

QUESTION 8
You need to ensure that when users perform bill of materials (BOM) calculations, they receive a warning message if any manufactured components are missing an active BOM.
What should you configure?

A.    Acosting sheet
B.    Calculation groups
C.    Configuration groups
D.    Cost groups

Answer: A

QUESTION 9
You have a bill of materials (BOM) item.
Ten percent of one of the BOM components is wasted during the manufacturing process.
You need to ensure that the cost calculation for the BOM item is accurate.
What should you do?

A.    Set the Variable scrap field on the component BOM line to 10.
B.    Set the Constant scrap field on the component BOM line to 10.
C.    Set the Consumption is field on the component BOM line to variable.
D.    Set the Consumption is field on the component BOM line to constant.

Answer: B

QUESTION 10
You have an item that uses a storage dimension group.
Primary stocking is disabled for the group. Item reservations for sales orders are automatic.
You create a new sales order for the item.
You need to select a specific batch number for the item.
What should you do?

A.    Disable automatic reservation on the sales order, and then change the batch number in the Reservation form
B.    Disable automatic reservation on the sales order, and then lock the batch number in the Reservation form.
C.    Use the Reservation form to select the batch number, and then place the order on hold.
D.    Use the Reservation form to select the batch number, and then lock the reservation.

Answer: C

QUESTION 11
You need to create a new automatic charge.
You open the Auto charges form and you create a new line.
Which field requires a value?

A.    Charges code
B.    Item charge group
C.    Charges value
D.    Vendor charges group

Answer: A

QUESTION 12
You need to ensure that picking lists and packing slips are created for all orders.
Which two parameters should you configure? Each correct answer presents pan of the solution.

A.    Post picking list in ledger
B.    Picking route status
C.    Deduction requirements
D.    Picking requirements
E.    Post packing slip in ledger

Answer: AE

QUESTION 13
You need to ensure that a sales order picking list is generated before a sales order packing slip is generated.
Which form should you use to perform the configuration?

A.    Item model group
B.    Item group
C.    Sites
D.    Inventory locations

Answer: B

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