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Microsoft MB-700 Exam - Topic 2 Question 96 Discussion

A company is upgrading its existing operational software to an enterprise resource planning (ERP) system and is evaluating Dynamics 365 Finance. The company is setup with the following:* One parent company based in the US and three fully owned subsidiaries that use US dollars (USD) for the accounting currency.* Two partially owned subsidiaries that use Canadian dollars (CAD) for the accounting currency.* Distribution facilities in both Canada and the US.* Project managers travel to customer locations.* Intercompany sales are transacted between the US subsidiaries.* E-commerce business-to-business (B2B) sales.* A call center that receives customer orders.The company has the following requirements:* Must provide an asset maintenance capability.* Must provide a purchase requisition approval process.* Must provide an invoice approval process.You need to identify which functional component of Dynamics 365 Finance to implement.Which functional component should you use?
B) Site and warehouse setup
A) Call center sales
C) Invoice approval workflow
D) Purchase requisition workflow

Microsoft MB-700 Exam - Topic 2 Question 96 Discussion

Actual exam question for Microsoft's MB-700 exam
Question #: 96
Topic #: 2
[All MB-700 Questions]

A company is upgrading its existing operational software to an enterprise resource planning (ERP) system and is evaluating Dynamics 365 Finance. The company is setup with the following:

* One parent company based in the US and three fully owned subsidiaries that use US dollars (USD) for the accounting currency.

* Two partially owned subsidiaries that use Canadian dollars (CAD) for the accounting currency.

* Distribution facilities in both Canada and the US.

* Project managers travel to customer locations.

* Intercompany sales are transacted between the US subsidiaries.

* E-commerce business-to-business (B2B) sales.

* A call center that receives customer orders.

The company has the following requirements:

* Must provide an asset maintenance capability.

* Must provide a purchase requisition approval process.

* Must provide an invoice approval process.

You need to identify which functional component of Dynamics 365 Finance to implement.

Which functional component should you use?

Show Suggested Answer Hide Answer
Suggested Answer: B

by Fannie at Sep 16, 2024, 05:20 PM

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Dell
6 months ago
Totally agree, the Invoice approval workflow is a must-have!
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Willard
6 months ago
Not sure if Dynamics 365 can handle all those currencies smoothly.
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Leontine
7 months ago
Wait, why not just go with Call center sales? Seems relevant.
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Dorthy
7 months ago
I think the Purchase requisition workflow is also essential!
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Junita
7 months ago
Sounds like they need the Invoice approval workflow for sure.
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Mitzie
7 months ago
I feel like the call center sales option might not fit since it doesn't directly address the approval processes we need. But I'm not completely confident.
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Gussie
8 months ago
This question reminds me of a practice case we did on intercompany transactions. I think the invoice approval workflow is definitely a strong candidate based on that.
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Cruz
8 months ago
I'm a bit unsure about the best choice. The purchase requisition workflow seems relevant too, but I can't recall if it covers all the requirements.
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Dominga
8 months ago
I remember we discussed the importance of workflows in Dynamics 365, especially for approvals. I think the invoice approval workflow might be key here.
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Colette
8 months ago
I'm a bit confused by all the details in this scenario. There are a lot of moving parts with the different locations, currencies, and business processes. I'll need to re-read it carefully to make sure I understand which Dynamics 365 component is the best fit.
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Brock
8 months ago
Okay, let's see. The company needs asset maintenance, purchase requisition approval, and invoice approval. Based on that, I'd say the answer is D - Purchase requisition workflow. That seems to cover the key requirements they're looking for.
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Camellia
8 months ago
Hmm, this is a tricky one. The company has a lot of different subsidiaries, currencies, and business processes to consider. I'll need to really think through how the different Dynamics 365 components could handle all of that complexity.
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Sharika
8 months ago
This looks like a pretty straightforward question about implementing the right Dynamics 365 Finance components for the company's requirements. I'd start by carefully reviewing each requirement and matching them to the functional components listed.
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Lashawnda
8 months ago
I feel like I saw a similar question during practice. I'm leaning towards true because both modes would make sense for flexibility in development.
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Emmett
2 years ago
Haha, I bet the project managers are getting tired of all that traveling to customer locations. 'Can we just Zoom this meeting instead?' But in all seriousness, I think D) Purchase requisition workflow is the way to go here.
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Ivory
2 years ago
Definitely, I think implementing the Purchase requisition workflow would be the best choice for the company.
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Frankie
2 years ago
Yeah, they probably wish they could just have virtual meetings instead.
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Deeanna
2 years ago
I agree, the project managers must be exhausted from all the traveling.
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Alaine
2 years ago
Hmm, this is a tough one. I'm torn between C) Invoice approval workflow and D) Purchase requisition workflow, but I think I'll go with D) since the question specifically mentions that requirement.
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Renea
2 years ago
Definitely, choosing the right functional component is key for successful implementation.
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Pamella
2 years ago
It's important to focus on meeting the specific requirements outlined.
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Marya
2 years ago
Agreed, the question does mention that as a requirement.
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Cyndy
2 years ago
I think D) Purchase requisition workflow is the way to go.
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Katina
2 years ago
I believe we should also consider implementing the invoice approval workflow to ensure efficient financial operations.
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Orville
2 years ago
This one's a bit tricky, but I'd go with D) Purchase requisition workflow. The company needs both an invoice approval process and a purchase requisition approval process, and the purchase requisition workflow seems more relevant to the requirements listed.
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Tracey
2 years ago
D) Purchase requisition workflow seems like the right choice here. The company needs a purchase requisition approval process, and that's what that component is designed for.
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Kati
2 years ago
Implementing the purchase requisition workflow will definitely improve efficiency in the company's operations.
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Gerardo
2 years ago
Yes, it will streamline the approval process and ensure proper control over purchasing.
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Kerry
2 years ago
I agree, the purchase requisition workflow is essential for the company's needs.
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Victor
2 years ago
I agree with Francoise. It's important to have a streamlined process for purchase approvals.
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Francoise
2 years ago
I think we should implement the purchase requisition workflow.
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Leoma
2 years ago
I think the answer is C) Invoice approval workflow. The question specifically states that the company requires an invoice approval process, and that's exactly what that component provides.
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Harley
2 years ago
Yes, C) Invoice approval workflow seems to be the most suitable choice based on the company's needs.
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Harley
2 years ago
I agree, C) Invoice approval workflow is the best option for the company's requirement.
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