Q: 3
DRAG DROP A company uses Dynamics 365 Supply Chain Management. You need to recommend costing methods for the company. What should you recommend? To answer, drag the appropriate costing methods to the correct scenarios. Each costing method may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content NOTE: Each correct selection is worth one point. 
Drag & Drop
Discussion
FIFO -> Limited shelf life and varying cost, Standard -> Preset cost based on estimate, Average -> Costs change often and items are mixed. This matches what I've seen in similar questions. FIFO is best for perishables, Standard for budgeting, Average for blending situations.
For this drag & drop, I'd map FIFO to limited shelf life with varying cost, Standard to preset/estimated cost, and Average to scenarios where costs fluctuate and products are blended together. Seems in line with supply chain best practices, but open if someone disagrees.
Yeah, FIFO for shelf life, Standard for preset cost, Average for mixed products-matches what I’ve seen in Dynamics docs.
Official practice test and the docs both map FIFO to shelf life, Standard to preset cost, Average to mixed/changing costs.
Yep, this matches what's in the docs: FIFO for shelf life/variable cost, Standard for preset estimate, Average for blended/mixed costs.
LIFO to items with limited shelf life and significant cost changes, Standard to preset cost, FIFO to mixed/variable costs. I mixed up FIFO and LIFO here because LIFO sometimes gets used for rapidly changing prices. Not fully sure though.
FIFO to shelf life/price variance, Standard to preset estimate, Average to mixed products and changing costs. Seen something like this in practice tests too, looks right to me but let me know if you think differently.
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