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Microsoft

MB-330 · Question #244

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…

The correct answer is B. Adjust the inventory quantity to zero C. Adjust the inventory cost to zero E. Change the Item Model Group. If you are changing your costing method from a standard costing method to a moving average method, you have to complete the following tasks: Make adjustments to get inventory quantities and values down to 0 (zero). After the inventory value and quantity are 0 (zero). change the…

Implement inventory management

Question

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.

Options

  • AChange the Item Group
  • BAdjust the inventory quantity to zero
  • CAdjust the inventory cost to zero
  • DRun inventory close
  • EChange the Item Model Group

How the community answered

(43 responses)
  • A
    12% (5)
  • B
    65% (28)
  • D
    23% (10)

Explanation

If you are changing your costing method from a standard costing method to a moving average method, you have to complete the following tasks: Make adjustments to get inventory quantities and values down to 0 (zero). After the inventory value and quantity are 0 (zero). change the item model group to moving average. Make adjustments to get the quantity and value back into inventory. https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/moving-average

Topics

#costing methods#standard cost#moving average#item model group

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