Discuss Microsoft MB-310 Exam Topic 1 Question 25

SIMULATION

You are a functional consultant for a legal entity named Contoso Group (GLCO).

You plan to sell new products that will increase in quality over time.

You need to implement a solution that uses the Last in, First out (LIFO) inventory model for GLCO.

To complete this task, sign in to the Dynamics 365 portal.

AYou need to configure an Inventory Model Group for the new products.
*For inventory model groups, navigate to Inventory management | Item model groups.
*Click ''New'' to create a new inventory model group.
*In the ''Cost method and cost recognition'' section, configure the ''Inventory Model'' setting to Last in, First out (LIFO).
*Click ''Save'' to save the inventory model group.

BYou need to configure an Inventory Model Group for the new products.
*For inventory model groups, navigate to Inventory management | Setup | Inventory | Item model groups.
*Click ''New'' to create a new inventory model group.
*In the ''Cost method and cost recognition'' section, configure the ''Inventory Model'' setting to Last in, First out (LIFO).
*Click ''Save'' to save the inventory model group.

Suggested Answer: B

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11 comments · newest first

Rana 11 months ago

Hmm, I thought LIFO was only for perishable goods.

Edna 12 months ago

Totally agree with A, it’s straightforward!

Kati 12 months ago

Wait, are we sure LIFO is the best choice for quality products?

Sueann 1 year ago

I think B is more accurate, it includes the full path.

Glenn 1 year ago

A is the correct option, LIFO is set up there.

Cruz 1 year ago

I think option A is the one we used in our practice tests, but I have a nagging feeling that option B might also be valid. I wish I had reviewed the navigation paths more thoroughly!

Glenn 1 year ago

I practiced a similar question where we had to set up an inventory model, and I feel like both options are pretty similar. I just can't recall which one is the right navigation path.

William 1 year ago

I think I remember that we need to set up the inventory model group, but I'm not sure if the path is correct. Was it Inventory management or something else?

Bernardo 1 year ago

I feel a bit confused about the steps. I thought we always went through Inventory management, but I can't remember if it's under Setup or just directly in Item model groups.

Staci 1 year ago

This looks like a straightforward question about Salesforce products. I'll start by thinking through what each option does and how it relates to PHI data encryption.

Roxane 1 year ago

Okay, let's see. Based on the requirements, I'm thinking Dynamics 365 Customer Service and Power Virtual Agents would be the two components to include. The Customer Service module should provide the case management functionality, while Power Virtual Agents could enable the chat-like interface. Seems like a good starting point.

Microsoft MB-310 Exam - Topic 1 Question 25 Discussion