Q1. You are creating a new product master.

Which three steps should you complete on the product master before using the product on salesorders and purchase orders? Each correct answer presents part of the solution.

A. Create product attributes in one or more legal entities.

B. Create product dimension values.

C. Create product variants.

D. Release the products and variants to one or morelegal entities.

E. Create product dimension groups.

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Q2. 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.

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Q3. 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

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Q4. 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

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Q5. 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

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Q6. You are the purchasing agent for your company.

You need to create a request for quotation (RFQ) for a product that is not in the item drop- down list.

Whichtype of line item should you create?

A. Category

B. Open

C. Solicitation

D. Item

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Q7. 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.

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Q8. You are creating a new category hierarchy.

How many levels can be added to thecategory hierarchy?

A. two

B. ten

C. unlimited

D. one

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Q9. 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

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Q10. You set up a Best Supplier in a Vendor group, but after 6 months of using that group, you need to change the settings for that vendor to those of another vendor group.

What are two possible ways to achieve this goal? Each correct answer presents part of the solution.

A. Change the vendor group associated with the vendor.

B. Delete the vendor, and then re-set the vendor up with a different account and different vendor group.

C. Change the settings on the vendor group associated with the vendor.

D. Change the individualsettings, including the posting profiles and default settings, on the vendor to those of the desired group.

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