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.
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