You are the Office 365 administrator for your company. The company has two administrators named User1 and User2.
Users must be able to perform the activities as shown in the following table:
You need to grant the appropriate administrative role to each user.
What should you do? To answer, drag the appropriate role to the correct user. Each role 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.
Answer: 
Explanation:
Not sure about this. Can password administrators reset passwords for other password administrators (which are not standard users)? If not, then both answers should be “global administrator”.
Both answers should be global administrator
I just tested in my environment and password administrators cannot reset other password administrators passwords. The button is there to reset it, but when you do it it will come back and say it was skipped due to lack of permissions.
which honestly the wording of this question is typical Microsoft bullshit because a Global Admin will be able to reset other admin accounts so its wrong regardless if you choose password administrator or global administrator
Kuthi, you are wrong. The answers as stated are correct. User1 needs to be assigned password administrator and User2 assigned global administrator.
The question states that User1 must NOT reset passwords for other administrative accounts. If User1 is a global admin how the hell would you prevent that?
Password Administrators can reset the passwords of most Office 365 user accounts, except those assigned the global admin, service admin, or billing roles. Users assigned the password admin role can reset the passwords of other users assigned the password admin role – Microsoft Exam Ref 70-346, Chpt 1, pg 7.