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

A company plans to manage inventory in Dynamics 365 Supply Chain Management.

You need to configure the system for tracking inventory.

Select the answer that correctly completes the sentence.

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.

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

NOTE: Each correct selection is worth one point.

A company uses Dynamics 365 Human Resources. The company establishes a new department and hires employees to staff the department The company wants to manage annual employee reviews.

What are two capabilities of Dynamics 365 Human Resources performance management?

Each correct answer presents a part of the solution.

NOTE: Each correct selection is worth one point.

A company uses Dynamics 36S Human Resources. The company establishes a new department and hires employees to staff the department. The company wants to manage annual employee reviews.

What are two capabilities of Dynamics 365 Human Resources performance management? Each correct answer presents a part of the solution.

NOTE: Each correct selection is worth one point.

A company plans to purchase Dynamics 365 Finance.

The company has customers who frequently pay their invoices late or do not pay at all. The company continues to sell to these customers. This creates large write-offs of bad debt.

The company needs to proactively communicate with customers, collect unpaid accounts receivables, and prevent new sales until past due invoices are paid.

You need to recommend solutions to facilitate communication and collections.

Which three options should you recommend? Each answer represents a complete solution.

NOTE: Each correct selection is worth one point.

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.

A company plans to implement Dynamics 365 Human Resources. You need to describe the capabilities of the app to the company’s human resource manager.

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.

A company implements 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.

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?

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.

A company is using Dynamics 365 Finance to manage its customers.

A customer is past due on several invoices. Late fees and penalties are applied to the customer account based on the number of days late. Due to the past due payments and fees, the amount of product the customer can purchase before receiving a payment is reduced.

If all invoices are paid in full, the company will waive all late fees and increase the amount of product the customer can purchase before receiving a payment.

You need to identify the modules to use for the requirements.

Which modules should you use? To answer, drag the appropriate modules to the correct actions. Each module 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 collect selection Is worth one point.

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.

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.

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.

A manufacturer uses Dynamics 365 Human Resources and Microsoft HoloLens to augment manufacturing tasks.

The company promotes five employees to a newly created position named quality assurance manager.

You need to use Dynamics 365 functionality to facilitate self-education and apply continuous improvement to the process.

What should you implement? To answer, drag the appropriate features to the correct requirements. Each feature 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.

A company implements Dynamics 365 Finance.

Which two components can you use to create a financial dimension set? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

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

A company manufactures custom medications.

You need to recommend a Dynamics 365 app that allows the company to manage the concentration of specific active ingredients, provide traceability of ingredients from supplier to customer, and substitute ingredients based on compound type.

What should you recommend?

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?

A company uses 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.

A company implements Dynamics 365 Project Operations for the sales quotation process.

A qualified lead requests a quotation for services.

Which records are used for this stage of the sales process? To answer, select the appropriate option in the answer area.

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?

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.

A company implements Dynamics 365 Finance.

You need to recommend features that the company can use for integrated reporting scenarios.

Which feature should you recommend? To answer, drag the appropriate features to the correct scenarios. Each feature 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.

A company plans to implement Dynamics 365 Finance and Dynamics 365 Supply Chain Management.

You need to recommend tools to meet the company's reporting requirements.

What should you recommend? To answer, drag the appropriate tools to the correct requirements. Each tool 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.

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.

A company uses Dynamics 36S Commerce. The company is launching a new product line for select stores.

The company wants to ensure that stores participating in the launch receive the new products. Stores that are not participating in the launch must not be able to order the products.

You need to recommend a method to help the company launch the new product hne.

What should you recommend?

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.

A company is evaluating Dynamics 365 Fraud Protection. You need to help the customer understand the features that are available.

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.

A customer wants to implement Dynamics 365 Human Resources to manage employee benefits. For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

A company implements 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.

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.

A company implements Dynamics 365 Finance.

You need to recommend which account types the company should use for main accounts.

What should you recommend?

To answer, drag the appropriate general ledger elements to the correct accounts. Each element 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.

A company that manufactures bottled and canned beverages implements Dynamics 365 Supply Chain Management.

Most products are packed in quantities of 12 or 24.

You need to recommend a process to ensure that customers always purchase the products in these predefined package quantities.

What should you recommend?

A company is implementing Dynamics 36S Commerce for retail operations and Dynamics 36S Supply Chain Management for warehousing and financial operations. You need to import small groups of new customers and edit existing customers. Which two tools should you use? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

A company uses Dynamics 365 Supply Chain Management for its inventory management operations.

The company plans to use the on-hand mobile workspace to view available inventory. You need to identify the viewable on-hand inventory levels.

At which three levels can you view on-hand inventory? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

A company is implementing Dynamics 365 Finance.

You need to match the cash and bank management business process to the company requirements.

Match each requirement to its business process.

Instructions: To answer, drag the appropriate requirement from the column on the left to its business process on the right Each requirement may be used once, more than once, or not at all. Each correct match is worth one point.

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.

A retailer plans to award its customers based on the amount of money they spend. The retailer has not previously offered a customer reward program.

You need to recommend a method for tracking customer spending.

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

NOTE: Each correct selection is worth one point.

Hot Area:

A company is evaluating the functionality of Dynamics 365 finance and operations apps.

The company wants to display multiple master data records to add, delete, and update the data.

You need to recommend the type of form to use to display the master data.

Which form type should you recommend?

A company uses Dynamics 365 Finance.

You need to explain the settlement process.

Which two statements describe the capabilities of the Cash and bank management module? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

A company plans to add a product to its inventory.

You need to help the company configure the product by description and behavior, and by size and color variants.

Which configuration should you complete for each requirement? To answer, move the appropriate configuration to the correct requirement. You may use each configuration once, more than once, or not at all. You may need to move the split bar between panes or scroll to view content

NOTE: Each correct selection is worth one point.