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

Demo: 40 questions
Total 134 questions

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

Question 1

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 2

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 3

A company is evaluating Dynamics 365 Fraud Protection for various types of transactions.

Which experience should you use? To answer, drag the appropriate experiences to the correct scenarios. Experiences 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 4

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

An international services company is implementing Dynamics 365 Finance. You need to help the implementation team set up the app.

What must be created and configured first?

Options:

A.

Business unit

B.

Chart of accounts

C.

Project

D.

Legal entity

Question 6

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?

Options:

A.

Define products for distribution using product assortment.

B.

Define products for distribution using security roles.

C.

Control product distribution using purchase agreement.

D.

Control product distribution using trade agreement.

Question 7

A multinational company is implementing Dynamics 365 Finance.

You need to set up Dynamics 365 Finance for the company.

Select the answer that correctly completes the sentence.

Options:

Question 8

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 9

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 10

A company uses Dynamics 365 Human Resources.

You need to ensure that workers can document their own performance relative to goals.

What should you direct the workers?

Options:

A.

Compensation management page

B.

Personnel management page

C.

Performance goals page

D.

Employee self-service workspace

Question 11

A company uses Dynamics 365 Supply Chain Management You run a trace on raw materials. Which two types of products can you see in the trace output? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

By-products

B.

Non-stocked items

C.

Finished products

D.

Co-products

Question 12

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 13

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.

Options:

Question 14

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 15

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.

Options:

Question 16

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 17

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.

Options:

Question 18

A company wants to use sales, resourcing, project management, and expense tracking in a single application. What should the company implement?

Options:

A.

Dynamics 365 Project Operations

B.

Dynamics 365 Finance

C.

Dynamics 365 Business Central

D.

Dynamics 365 Human Resources

Question 19

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 20

A company implements the performance management feature in Dynamics 365 Human Resources.

Which performance management component can employees create by using the Employee Self-Service workspace?

Options:

A.

Goals

B.

Workflows

C.

Performance reviews

D.

Performance Journal

Question 21

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 22

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 23

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 24

A company uses Dynamics 365 Supply Chain Management for warehousing operations

Users need to aggregate and manage inventory across multiple warehouses.

Which feature should users configure? To answer, select the appropriate option in the answer area.

Options:

Question 25

A company implements Dynamics 365 Finance.

You need to recommend a way for the company to view overdue balances for a group of customers at a point in time.

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

Options:

Question 26

A candle manufacturing company plans to use Dynamics 365 Supply Chain Management. The proportions of ingredients differ for each finished product.

You need to recommend a manufacturing type for the company. Which type of manufacturing should the company implement?

Options:

A.

Process

B.

Lean

C.

Discrete

Question 27

A company uses Dynamics 365 Commerce.

The company needs to schedule several base Dynamics 365 Commerce reports.

The reports must print statistics about inventory sales from the previous week every Sunday night to a physical printer.

You need to identify the right tool.

Which tool should you use?

Options:

A.

Management Reporter

B.

Chart controls

C.

Power Bi

D.

Microsoft Excel

E.

Microsoft SQL Server Reporting Services (SSR5)

Question 28

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:

Options:

Question 29

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.

Options:

A.

Open sales orders report

B.

Payment journals

C.

Stop customer

D.

Customer statements

E.

Collection letter

Question 30

A company plans to implement Dynamics 365 Customer Insights and use the audience insights capability. 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 31

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 32

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.

Options:

Question 33

You are exploring the capabilities in Dynamics 365 Human Resources to manage employee leaves and absences.

Leave requests for paid time off must be approved either by a manager, by a human resources representative, or automatically based on specific rules.

You need to describe how this requirement can be configured in the system.

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

Options:

Question 34

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 35

A company implements Dynamics 365 Supply Chain Management.

The company needs to use inventory journals to post different types of physical inventory transactions.

Match each type of inventory journal to its use case. To answer, drag the appropriate type of inventory journal from the column on the left to its use case on the right. Each type of inventory journal may be used once, more than once, or not at all.

NOTE: Each correct match is worth one point.

Options:

Question 36

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

Options:

Question 37

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.

Dynamics 36S Human Resources

B.

Dynamics 36S Project Operations

C.

Power Platform

D.

Dynamics 365 Supply Chain Management

Question 38

A company uses Dynamics 365 Finance and Power BI. The company plans to analyze operational data for retail stores that they operate across the United States.

The company wants to analyze customer visit data based on the population in the areas where stores are located.

You need to recommend a Power BI visualization for the company.

Which Power BI visualization should you recommend?

Options:

A.

Basic maps

B.

Doughnut chart

C.

Bar chart

Question 39

A retailer plans to deploy Dynamics 365 Commerce.

You need to be able to scan items and collect payments for sales in a store by using a physical credit card device. The solution must run within a browser window.

What should you implement?

Options:

A.

Power Apps

B.

Store Commerce for Web

C.

Store Commerce app

D.

Ecommerce

Question 40

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.

Options:

Demo: 40 questions
Total 134 questions