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Microsoft MB-920 Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) Exam Practice Test

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Total 151 questions

Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) Questions and Answers

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Question 1

A company plans to implement a manufacturing solution that includes integrated rate shipping costs for distribution.

You need to recommend a product to the company. What should you recommend?

Options:

A.

Dynamics 365 Sales

B.

Dynamics 365 Field Service

C.

Dynamics 365 Commerce

D.

Dynamics 365 Supply Chain Management

Question 2

A company plans to implement Dynamics 365 Commerce.

Some products must only be available in specific physical stores due to product weight and physical measurements.

You need to recommend a solution to meet the requirement.

What should you recommend? To answer, select the appropriate option in the answer area.

Options:

Question 3

An international hotel company implements Dynamics 365 Finance.

You need to help the hotel company identify email integration capabilities.

What are two valid use cases for sharing Dynamics 365 Finance documents with customers by using email integration? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

The company sends statements to customers based on request.

B.

Customers negotiate prices for hotel reservations with company agents by using their personal email addresses.

C.

A customer registers a complaint online regarding their stay at any of the company's hotels.

D.

The company emails invoices to customers after their hotel stay.

Question 4

A company plans to use Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE Each correct selection is worth one point.

Options:

Question 5

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 6

A company wants to understand the self-service capabilities of Dynamics 365 Human Resources. Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 7

You are evaluating expense management capabilities in Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 8

A company is evaluating Dynamics 365 Supply Chain Management.

You need to identify the available modules in Supply Chain Management.

Which two modules can you identify? Each correct answer presents a complete solution. Choose two.

NOTE: Each correct selection is worth one point.

Options:

A.

Time and attendance

B.

Inventory management

C.

Fixed assets

D.

Procurement and sourcing

E.

Cash and bank management

Question 9

A company plans to implement Microsoft Dynamics 365 Finance.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point

Options:

Question 10

A company uses Dynamics 365 Finance to manage financial operations.

The financial controller needs to present key performance indicators (KPIs) to the executive committee.

You need to determine the appropriate reporting tool to present this information.

Which reporting option should you use?

Options:

A.

Business documents

B.

Analytical workspace tab

C.

Electronic reporting

D.

Operational views

Question 11

A company plans to implement Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 12

A company is using Dynamics 365 Finance to manage its human resources department. The company has a new general accountant that reports to the finance department manager.

The new worker must be able to view the accounting for the entire company without limitations.

You need to configure the worker in the system.

Which three actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Assign the position to the worker.

B.

Associate the worker with the sales and marketing module to calculate commission.

C.

Create the worker.

D.

Define the position of the worker within the hierarchy.

E.

Assign the worker to a team.

Question 13

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 14

A company plans to implement Dynamics 365 Commerce.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 15

A company is evaluating the use of workflows within finance and operations apps. The company identified tasks they plan to complete in workflows.

You need to recommend the task types available in finance and operations apps.

What are the two task types that you can recommend? Each correct answer presents a complete solution. Choose two.

NOTE: Each correct selection is worth one point.

Options:

A.

Conditional decision

B.

Sub-workflow

C.

Automated approval

D.

Notification

E.

Manual tasks

Question 16

A company plans to implement Dynamics 365 Project Operations. You need to recommend a capability that meets each requirement.

Which capability should you recommend? To answer, select the appropriate option in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 17

A company plans to use Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 18

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Hot Area:

Options:

Question 19

A company uses Dynamics 365 Finance.

A manager reviews a free text invoice. The manager observes that the tax amount and total invoice charges are inaccurate.

You need to change the free text invoice so the tax and charge are accurate.

Which functionalities should you use? To answer, drag the appropriate functionalities to the correct requirements. Each functionality 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.

Options:

Question 20

A company plans to implement Dynamics 365 Supply Chain Management. Match each manufacturing strategy to its definition.

To answer, drag the appropriate manufacturing strategy from the column on the left to its definition on the right. Each manufacturing strategy may be used once, more than once, or not at all.

NOTE: Each correct selection is worth one point.

Options:

Question 21

A company uses Dynamics 365 Commerce.

You need to suggest point of sale (POS) options with offline capabilities for the company’s retail locations.

Which POS options have offline capabilities? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 22

A retailer sells products by using an e-commerce site, brick and mortar stores, and phone sales. Different processes are used for each type of order source.

You need to ensure that you can support each type of sale. What should you recommend?

Options:

A.

case management and loyalty programs

B.

a mobile app and online sales

C.

a retail store, an online store, and a call center

D.

a mobile app and a credit card gateway

Question 23

A company uses Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 24

A company plans to implement Dynamics 365 finance and operations apps. The company wants to integrate Microsoft Teams with these applications.

Which three platforms support Microsoft Teams integration? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Dynamics 365 Commerce

B.

Power BI

C.

Microsoft Dataverse

D.

Dynamics 365 Customer Engagement (on-premises)

E.

SharePoint Online

Question 25

A company is using Dynamics 365 Project Operations for a project implementation.

An internal project is being funded by three different organizations. The project billing should be standardized.

You need to implement functionality to split the invoicing of the project.

Which Project component should you use?

Options:

A.

Contracts

B.

Invoicing

C.

Budgets

D.

Subcontracts

E.

Expenses

Question 26

A recruitment company is implementing Dynamics 365 Finance. The company hires service providers from local and foreign consulting firms to fulfill local staffing demands.

Services that are rendered locally are taxed at different rates based on regional laws. Goods and services purchased from foreign companies are exempt.

The company requires tax code groups to comply with reporting requirements.

You need to set up the tax code groups.

What should you configure? To answer, drag the appropriate configurations to the correct requirements. Each configuration 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.

Options:

Question 27

A company plans to implement Dynamics 365 Supply Chain Management.

Which three actions can vendors perform? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Change the inventory cost of items.

B.

Submit invoices electronically.

C.

Create transfer orders.

D.

Approve purchase orders.

E.

Respond to a request for quote (RFQ).

Question 28

A company uses Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 29

Which two modules are included in Dynamics 365 Supply Chain Management? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Product information management

B.

Project management and accounting

C.

Service hub

D.

Dynamics 365 Remote Assist

E.

Master planning

Question 30

A company purchases Dynamics 365 finance.

Which two features can the company implement? Each correct selection presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Accounts receivable

B.

General ledger

C.

Omnichannel

D.

Manufacturing

E.

Payment fraud prevention

Question 31

A company uses Dynamics 365 Finance.

The company requires a workflow that includes two independent approvals for purchase requisitions above $10,000.

You need to recommend the workflow element the company should use.

Which workflow element should you recommend?

Options:

A.

manual decision

B.

sub-workflow

C.

conditional decision

D.

parallel activity

Question 32

A company implements Dynamics 365 Supply Chain Management. The company plans to use maintenance work orders.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 33

A company uses Dynamics 365 Finance.

The company wants to configure the ledger entries for importing letters of credit. You need to identify which business process to configure. Which business process should you use?

Options:

A.

Manage letters of guarantee.

B.

Set up settlements.

C.

Reconcile bank accounts.

D.

Deposit bank funds.

Question 34

An organization has two legal entities. Items may be sold by one company only or by both companies. You need to recommend a solution to standardize the items across the legal entities.

What should you recommend?

Options:

A.

Lifecycle Services

B.

Item templates

C.

Products and product masters

D.

Product Insights

Question 35

A company is evaluating Dynamics 365 Finance capabilities. The company requires the ability to create the following:

• Debit and credit register

• Depreciation entries

• Employee charges

You need to recommend which modules the company should use to provide these capabilities. Which three modules should you recommend? Each correct answer presents a part of the solution. NOTE: Each correct selection is worth one point.

Options:

A.

product management

B.

fixed assets

C.

expense management

D.

general ledger

E.

inventory management

Question 36

A company plans to implement Dynamics 365 Human Resources.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 37

A company is evaluating Dynamics 365 Supply Chain Management.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 38

A construction services firm plans to standardize financial and payroll functions including the capability of adding timesheets to track work and costs for community improvement projects. You need to recommend a solution for the company. What should you recommend?

Options:

A.

Power Platform

B.

Dynamics 365 Project Operations

C.

Dynamics 365 Supply Chain Management

D.

Dynamics 365 Human Resources

Question 39

A company plans to implement Dynamics 365 Supply Chain Management. You need to recommend manufacturing process types for the company.

What should you recommend? To answer, drag the appropriate manufacturing process types to the correct scenarios. Each manufacturing process type 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.

Options:

Question 40

A company is implementing expense management capabilities in Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Hot Area:

Options:

Question 41

A company plans to implement Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 42

A company uses Dynamics 365 Supply Chain Management.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 43

A company uses Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 44

A company plans to implement Dynamics 365 Finance. The company wants to be able to perform the following actions:

Calculate aged balances by customer.

Create customer invoices that are not related to sales orders.

You need to explore accounting solutions for these business requirements.

What should you recommend? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 45

A company uses Dynamics 365 Commerce to manage retail stores.

You need to implement features to help the company prevent fraudulent activity.

Which two features should you implement? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Asset management

B.

Purchase protection

C.

Cash and bank management

D.

Loss prevention

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Total 151 questions