Microsoft MB-330 Exam - Topic 10 Question 75 Discussion

Actual exam question for Microsoft's MB-330 exam

Question #: 75
Topic #: 10

[All MB-330 Questions]

A company uses Dynamics 365 Supply Chain Management. Inventory value is standard and updated only once per year.

The company wants to convert costing from standard to moving average.

You need to convert the items from standard to moving average.

Which three actions must you perform? Each answer presents a partial solution.

NOTE: Each correct selection is worth one point.

AChange the Item Group

BAdjust the inventory quantity to zero

CAdjust the inventory cost to zero

DRun inventory close

EChange the Item Model Group

Show Suggested Answer

Suggested Answer: D

by Theola at Apr 24, 2023, 06:25 PM

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Chau

7 months ago

I agree with the others, but I'm not sure about the Item Group change.

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Ernest

7 months ago

Wait, do you really have to adjust the inventory quantity to zero? Seems odd.

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Justine

7 months ago

Running inventory close is crucial for this process.

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Jess

8 months ago

I think changing the Item Model Group is a must too!

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Wilda

8 months ago

You definitely need to adjust the inventory cost to zero.

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Casandra

8 months ago

Running inventory close sounds familiar; I think it’s necessary to finalize the current costing before making any changes.

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Arlen

8 months ago

I feel like adjusting the inventory quantity to zero is a step we might need to take, but I can't recall if it's mandatory for this conversion.

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Shawna

8 months ago

I think we practiced a similar question where we had to change the item model group. That might be one of the steps here too.

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Shawnda

8 months ago

I remember we discussed the importance of adjusting inventory costs, but I'm not sure if it needs to be zero before switching to moving average.

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Douglass

8 months ago

Hmm, I'm not sure about this one. I'll need to think it through a bit more to decide which option is the right approach.

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Jeannetta

8 months ago

This seems straightforward enough. I'll review the options and select the one that best matches the information in the exhibit.

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Elise

1 year ago

Hmm, I'm not sure if changing the Item Group or the Item Model Group is the right approach here. Wouldn't it be easier to just update the costing method directly?

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Brice

1 year ago

You should also run inventory close to complete the conversion process.

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Soledad

1 year ago

Adjusting the inventory quantity to zero is also important.

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Truman

1 year ago

I think changing the Item Group is necessary.

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Galen

1 year ago

Running inventory close? Sounds like the perfect time to take a long lunch break and let the system do its thing.

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Skye

1 year ago

Adjusting the inventory quantity and cost to zero? That's a bold move. I hope the accountants are ready for the fun that's about to ensue.

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Marguerita

1 year ago

Wait, do I have to change the Item Group and the Item Model Group? That seems like a lot of work just to switch to moving average costing.

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Dolores

12 months ago

Changing the Item Group and Item Model Group is necessary to convert to moving average costing.

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Hyman

12 months ago

No, you only need to change the Item Group and adjust the inventory cost to zero.

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Shawnda

12 months ago

Yes, you need to change the Item Group and the Item Model Group.

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Lai

12 months ago

Changing the Item Group and Item Model Group is necessary to switch to moving average costing.

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Keith

1 year ago

No, you only need to change the Item Group and adjust the inventory cost to zero.

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Shay

1 year ago

Yes, you need to change the Item Group and the Item Model Group.

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Janey

1 year ago

I think we also need to adjust the inventory quantity to zero before running inventory close.

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Ashton

1 year ago

I agree with Brett. Changing the Item Group is the first step.

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Brett

1 year ago

I think we should change the Item Group first.

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