Free MB-920 sample questions

Correct answer: Account structures and advanced rules

Account structures are used to define the valid combinations of main accounts and financial dimensions. You can configure the account structure to require that for a specific range of main accounts (e.g., marketing expenses), the 'Department' and 'Campaign' financial dimensions are mandatory and cannot be left blank.

Correct answer: Workflows

The workflow engine in Dynamics 365 finance and operations apps is specifically designed to model and automate business processes. It allows for creating conditional decision points, such as checking the amount and category of a purchase requisition, and routing it to the appropriate approver based on those conditions.

Correct answer: True

This is true. A 'product' is a shared, global definition of an item. To make it transactable (buy, sell, store) within a specific company or legal entity, it must be 'released' to that entity. The released product record holds all the company-specific settings like costing, inventory policies, and posting profiles.

Correct answer: Location directives

Location directives are rules that guide the warehouse system to determine the pick and put locations for inventory movements. For a purchase order receipt, a 'put' location directive would be configured to first direct the items to the staging location and then another directive would handle the movement from staging to bulk storage.

Correct answer: Power BI

Power BI is Microsoft's business analytics service that provides interactive visualizations and business intelligence capabilities. Dynamics 365 finance and operations apps have a native integration that allows for embedding Power BI reports and dashboards directly into application workspaces, providing users with rich, in-context analytics.

Correct answer: Three-way matching

Three-way matching is a standard accounts payable process that validates the details of a vendor invoice by comparing it to the corresponding purchase order and the product receipt. This ensures that the company only pays for the quantity of goods it ordered and actually received, at the agreed-upon price.

Correct answers: Route; Operation

A Route defines the sequence of operations (steps) required to produce an item. It specifies the path the product takes through the manufacturing floor.

An Operation represents a specific task or step within the manufacturing process, such as soldering or testing. Each operation defines the required resources (machinery, labor) and the time needed.

Correct answer: Project-to-profit

Dynamics 365 Project Operations is designed to unify operational workflows to provide visibility, collaboration, and insight across the entire project lifecycle. This end-to-end process, from quoting a project to recognizing profit, is often referred to as 'project-to-profit'.

Correct answer: Landed cost

The Landed cost module in Dynamics 365 Supply Chain Management provides businesses with greater visibility into their extended supply chain costs. It allows for the tracking of voyages, the creation of cost estimates, and the apportionment of these costs (like freight and duties) to the inventory items, giving a true cost of goods.

Correct answer: Grant the accountant access to the period through a specific User Group in the Ledger calendar.

In the Ledger calendar setup, when a period status is set to 'On hold,' you can specify a user group that is exempt from this restriction. By creating a user group, adding the junior accountant to it, and assigning that group to the period, you can grant targeted access without opening the period for all users or elevating permissions excessively.