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L4M1

Exam Code: L4M1

Exam Name: Scope and Influence of Procurement and SupplyCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
SIMULATION
You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to assign the Purchasing agent security role to Wayne Samuel Jorden for USMF only.
To complete this task, sign in to the Dynamics 365 portal.
A. * Navigate to System administration > Security > Assign users to roles
* Select the Purchasing Agent role.
* Click the Manually assign / exclude users button
* Select the Wayne Samuel Jorden user account and click the Assign to role button.
* Click the Assign organizations button
* Select the Grant access to specific organizations option
* Select the USMF legal entity and click the Grant button.
B. * Navigate to System administration > Security > Assign users to roles
* Select the Purchasing Agent role.
* Click the Manually assign / exclude users button
* Select the Grant access to specific organizations option
* Select the USMF legal entity and click the Grant button.
Answer: A
Explanation:
Reference:
https://www.dynamics-tips.com/system-administration/security-roles

NEW QUESTION: 2
Activity cost estimates and the project schedule are inputs to which Project Cost Management process?
A. Determine Budget
B. Estimate Costs
C. Plan Cost Management
D. Control Costs
Answer: A
Explanation:
Explanation/Reference:
Explanation:
7.2.3.1 Activity Cost Estimates
Activity cost estimates are quantitative assessments of the probable costs required to complete project work. Cost estimates can be presented in summary form or in detail. Costs are estimated for all resources that are applied to the activity cost estimate. This includes, but is not limited to, direct labor, materials, equipment, services, facilities, information technology, and special categories such as cost of financing (including interest charges), an inflation allowance, exchange rates, or a cost contingency reserve. Indirect costs, if they are included in the project estimate, can be included at the activity level or at higher levels.
Process: 7.3 Determine Budget
Definition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.
Inputs
1. Cost management plan
2. Scope baseline
3. Activity cost estimates
4. Basis of estimates
5. Project schedule
6. Resource calendars
7. Risk register
8. Agreements
9. Organizational process assets
Tools & Techniques
1. Cost aggregation
2. Reserve analysis
3. Expert judgment
4. Historical relationships
5. Funding limit reconciliation
Outputs
1. Cost baseline
2. Project funding requirements
3. Project documents updates

NEW QUESTION: 3
Which of the following statements is most accurate regarding decision trees and decision tables?
(Choose One)
A. Only decision trees can be executed by a declarative expression
B. They can be used instead of when rules in user interface rules
C. They can only be executed by an activity
D. While not declarative themselves they can be executed declaratively by declarative expressions
Answer: D

L4M1 Related Exams
Related Certifications
CIPS System Center 2012 Configuration
CIPS 365
CIPS Azure Infrastructure Solutions
Dynamics-POS-2009
CIPS Level 4 Diploma in Procurement and Supply Desktop Infrastructure
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