MB6-509 - Microsoft Dynamics AX 4.0 Trade and Logistics
Go back to Microsoft
A customer returns some items to you and you create a sales order of the type Returned item. It is then necessary to specify a return action. What is determined by the type of return action selected?
The return action determines the returned items storage dimensions.
The return action determines whether the items must be scrapped or not.
When is the specified inventory model used in Microsoft Dynamics AX 4.0?
When you make a recalculation
When you close inventory
Under what circumstances is it necessary to set up a ledger account for 'Standard cost profit'?
When the parameter 'Standard cost price' in the Inventory model group has been selected
The item CL-100-C is not sold very often and it is therefore decided that an extra handling fee of USD 5.00 always must be automatically added to the total net amount on the sales order line for this item. How is this type of fee set up in Microsoft Dynamics AX 4.0 ?
As a price miscellaneous charge on the item.
The item Lamp Transformer has been set up with the following specifications: In the batch number group assigned to the item, the allocation method is set up with the check boxes Only for inventory transactions and On physical update both selected and 10 is specified in the Per qty. field. The items dimension group has batch number activation. When a purchase order for 200 Lamp Transformers are posted when are the batch numbers allocated to the items and how many inventory transactions are made?
The batch numbers are allocated on packing slip update and 20 transactions are made.
A customer has complained that the battery back that you have sold with outdoor lamps on several occasions have spontaneously ignited. You must determine from which batch these batteries come from, in order to recall them all. Also you need to find out from which vendor you have bought these batteries in order to notify the vendor as well. Which of the following options can be used to trace these items back to the purchase order?
Trace the item back to the original purchase order and vendor from the sales order line.
Trace the item back to the original purchase order and vendor from the Batches form in Inventory management.
What will the status be after invoice updating all items for an order with the order type Subscription?
Which two of the following are valid methods to use with the Adjustment button on the Adjustment of On-hand inventory form?
An order entry clerk tries to make a change to a sales quotation but cannot because the quotation is locked. Which of the following sales quotation statuses locks the quotation?
When calculating the BOM price for an item, why can the unit sales price differ when calculating for different quantities?
The calculation method distributes one-time production charges, such as machine setup time, across the entire calculation quantity.
Your most valuable customer has attained some significant trade agreements through tough negotiation. If the customer purchases at least 300 items from the item price/discount group OL in one order, you give him a fixed discount of $20. How is this set up in Microsoft Dynamics AX 4.0?
This is set up as a multiline discount.
The power of the bulb for a lamp depends on the type of shade used in the lamp. How would you best define the configuration route?
You would make a selection from the shade configuration group before you make a selection from the bulb configuration group.
If there is an inventory date but no physical date on an inventory transaction, what status can this transaction have?
Picked or registered
You have created a sales order for the customer and you used the Create direct delivery function to create the purchase order for your vendor. Your vendor sends you a packing slip and you packing slip update the purchase order. What is going to happen on the sales order
The sales order is packing slip updated.
You have purchased 10 Chrome architect Lamps from City Power and Lights. After you have invoiced the purchase order you receive an insurance bill from a third party vendor. How do you include the cost of the insurance in the landed costs for the item?
Make an adjustment of the miscellaneous charges using purchase invoice journal.
You have performed a physical inventory and determined that the actual inventory exceeds the number registered in Microsoft Dynamics AX 4.0 for an item. What should be done?
Create a counting journal, enter the counted quantity and process the journal. The inventory is now updated with correct quantity of items.
Which of the following describes why it is necessary to run inventory closings?
To place a true value on inventory
An item has the Picking requirement check box selected in the inventory model group. How does this parameter affect the update of a sales order line?
The sales order line cannot be physically updated before the items are picked with the proper dimensions.
When using the Profit/loss inventory journal, which of the following is correct?
It is possible to manually enter a cost price for the items gains.
Which of the following statements about quarantine orders are correct?
Quarantine orders can be created both manually and automatically.
You use the Marking functionality to mark a sales order line for one piece of an item against a purchase order quantity of one for the same item, where both the sales order and purchase order quantities have the same inventory dimension value. How is the average cost price calculated for the sales order quantity when you perform inventory closing?
The sales order quantity's average cost price is matched against the purchase order quantity's cost price when inventory is closed.
What will Microsoft Dynamics AX 4.0 do when a BOM is reported as finished?
When the inventory journal is posted, Microsoft Dynamics AX 4.0 will adjust the physical inventory of the BOM item
The purchase order price of the item ESB-005 is specified as the following. Price: $20, Price unit: 1, Price Misc. Charges: $2, Price quantity: 5 and Incl. In unit price is selected. What is the net amount for the purchase of 10 ESB-005?
What does it mean if the parameter 'Financial negative inventory' is clear in the Inventory Model Groups?
Inventory cannot be sold unless a purchase invoice has been posted.
An item has the parameter Post physical inventory selected in its inventory model group. In Accounts receivable Parameters the Post packing slip in ledger parameter is selected. You packing slip update a sales order for this item, what happens with regards to inventory posting?
Transactions based on the items cost at the time of packing slip updating are posted in the ledger.
Which two of the following statements are true about inventory recalculations
Adjustments can be made to the items cost price
Recalculation occurs according to the inventory model attached to the items inventory model group
Which of the following statements regarding supplementary items are correct?
They can set them up to be free of charge.
Supplementary items can be based on quantities in an order.
You have set up an item with the sales warehouse GW. Which of the following ways can you prevent the sales warehouse from being changed on the sales order line after you have created the line.
In the Items form specify that the sales warehouse you have selected for the item is mandatory.
Ten pieces of an item have been purchased for USD 10.00 a piece and financially updated for this amount. You sell one piece of the item two days later and invoice update the order. Several hours after updating the sales order you receive a freighting bill from the vendor for USD10.00. You perform an adjustment of USD 10.00 to the invoiced purchase order for the freight amount. When will an adjustment be made to the average cost price for the item?
After performing inventory closing, the average cost price for the issue is updated to USD 11.00 for the item
If the dimension 'Warehouse' in the Inventory dimension group, and the parameter 'Primary Stocking,' are simultaneously selected, which of the following is correct?
The dimension must be specified when physically updating item receipts or issues.
From experience you know that almost every time you purchase the item Battery Pack1 from vendor A. Datum Corporation, there is a small variance in the item quantity. Sometimes you receive more than ordered and sometimes less. You want to accept this variance but you do not want to manually correct it on every new order. How do you set up Microsoft Dynamics AX 4.0 to automatically allow you to close a purchase order even though not all items have been received?
Specify the over and under delivery acceptance on the item Battery Pack1.
Which two order types generate inventory transactions?
What happens when running an ABC analysis?
Items are classified based on their relative importance.
A salesperson wishes to run a price simulation on an entire sales quotation instead of on individual line items. Which of the following can affect the way the header level discounts are applied to the individual line items?
Trade agreements on the line items.
Previous line item level price simulations.
You mark a sales order line for 50 pieces of an item against a purchase order lot of 300 pieces of the same item with same inventory dimension. How are item references updated between the sales order and the purchase order.
The purchase order reference is updated on the sales order although not the other way around.
When you create and process a transfer order, at which point are ledger transactions created?
Only when you scrap a quantity of items on receipt of a transfer order
If a standard lamp is created as a BOM item and the table, floor and wall lamps are configurations of this lamp, which of the following is true?
The table, floor and wall lamp have the same item number as the standard lamp, but each has its own configuration number.
What are the steps necessary in setting up warehouses in order to send an item into quarantine?
A quarantine warehouse must be created and assigned to a default warehouse for the item.
Which of the following are valid line types for a BOM line?
If we are looking at an inventory transaction and the Issue status on the transaction is Reserved ordered, what must the Receipt status be?
Blank, no status
You have ordered 10 items from a vendor, but when you receive the goods, five of the items are damaged and must be returned. Which of the following options can you choose in order to returns these items?
Create a credit note by copying the original purchase invoice and reduce the quantity to 5 in the Create credit note form.
Return the items by creating a new purchase order and put in a negative quantity of 5 in the quantity field on the purchase order line
When you receive the invoice from a transportation company after the purchase order is posted, how can one ensure the cost price for the purchased items is updated accordingly?
Update the purchase order invoice using the Miscellaneous charges adjustment function.
In what situation can you choose to do a picking process directly from the line without posting a picking list registration?
In situation where the storage dimensions are known at the time of picking.
You select four sales orders for invoice updating, two orders with one customer and two with another customer. Each customer has their own invoice account. You invoice update the orders and in the Summary update field, select 'Invoice account' how many invoice updates are printed?
Two invoices, one per customer invoice account.
Your company has a sales lead time of 2 days and an order deadline of 13:00. A customer places an order on Monday at 13:30. The warehouse from which you sell is open every weekday. What is the earliest dispatch date from your sales warehouse?
The following Thursday.
A serialized item is set up with picking requirement in the Inventory model group and in the dimension group the check box Blank issue allowed is selected. How does this affect the picking process?
The pick can be posted and the order invoice updated without having to specify the serial numbers for the items.
A contract with a new vendor regarding supply of batteries has been made. Since it's a new vendor you want to send all items received from this vendor into quarantine in order to check the quality of the batteries until you feel confident with the vendor and the quality of the items. How is this managed in Microsoft Dynamics AX 4.0?
This is managed from the Items form. You have to set up the items inventory model group to send the items to the quarantine warehouse automatically.
Your company wants to account for differing storage costs, depending on the item's warehouse location, in the average cost price for the item. Which parameter must you set up in relation to the item to fulfill this criteria?
The Financial inventory for the dimension warehouse in the item's dimension group.
You have received a large batch of 10000 items. Before selling them again the items must be divided into 5 batches of 2000 items each and new batch numbers must be manually assigned to these 5 batches. What must you do before you can assign the numbers to each batch?
You must create the batch number before it can be assigned to the item.
How can an address from a sales order header that you have copied to the Sales order tab in the Address selection form be made available as an alternative address for the customer in general?
By executing the Move function after you have copied the address to the Sales order tab in the Address selection form.