Courseiva
Describe Dynamics 365 Supply Chain ManagementhardMultiple SelectObjective-mapped

MB-920 Item model group Practice Question

Which THREE are valid item model groups used in Dynamics 365 Supply Chain Management?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

LIFO

Item model groups in Dynamics 365 Supply Chain Management include FIFO, LIFO, and Moving average. These determine how inventory costs are calculated and tracked. Weighted average is a costing method, not an item model group. Standard cost is also a costing method, not a model group. Therefore, the correct answers are LIFO, Moving average, and FIFO.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • LIFO

    Why this is correct

    LIFO (Last In, First Out) is a valid item model group.

  • Moving average

    Why this is correct

    Moving average is a valid item model group.

  • FIFO

    Why this is correct

    FIFO (First In, First Out) is a valid item model group.

  • Standard cost

    Why it's wrong here

    Standard cost is a costing method, not an item model group.

  • Weighted average

    Why it's wrong here

    Weighted average is a costing method, not an item model group.

About these practice questions

One of 930 original MB-920 practice questions on Courseiva, each with a full explanation and wrong-answer analysis — not exam dumps or protected exam content. Learn why practice questions differ from exam dumps →

How Courseiva writes practice questions · Editorial policy

JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This MB-920 practice question is part of Courseiva's free Microsoft certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the MB-920 exam.