MB-920 Practice Exam 2 — 20 Questions

Question 1

Refer to the exhibit. A purchase order has an amount of $15,000 and is pending approval. The workflow 'POApprovalWorkflow' has a condition that requires approval for amounts over $10,000. What will happen if a user tries to submit this purchase order?

Choose an answer to begin — your selection is scored in the full session.

Accepted Answer

The purchase order will be submitted for approval.. The workflow 'POApprovalWorkflow' is configured with a condition that triggers approval for purchase orders exceeding $10,000. Since the purchase order amount is $15,000, it meets the condition and will be submitted to the approval workflow process, not automatically approved, skipped, or rejected.

Answer

The purchase order will be automatically approved.

Answer

The purchase order will be skipped by the workflow.

Answer

The purchase order will be rejected.

Question 2

Which THREE elements are required when setting up budget control in Dynamics 365 Finance?

Accepted Answer

Budget interval. The three required elements for setting up budget control in Dynamics 365 Finance are budget intervals, budget thresholds, and budget control rules. Budget intervals define the time period for budget control, budget thresholds set tolerance levels for overspending, and budget control rules specify the conditions and actions for enforcing budget control. Option B (budget plan template) is incorrect because budget plan templates are used for budget planning and not for budget control. Option D (reporting currency) is incorrect because reporting currency is an optional configuration and not a mandatory element for budget control.

Answer

Budget plan template

Answer

Reporting currency

Question 3

A company uses Dynamics 365 Supply Chain Management with advanced warehouse management. They notice that workers can confirm pick work even when the picked quantity is less than the expected quantity. They want to enforce that picking must be completed in full before confirmation. What should they configure?

Accepted Answer

Set the 'Confirm all lines' option to Yes on the mobile device menu item for picking.. The 'Confirm all lines' option on the mobile device menu item forces full picking. 'Pick line' allows partial picks. 'Work confirmation policy' can block, but the specific setting is on the menu item.

Answer

Enable the 'Short picking' policy in the work template.

Answer

Set the 'Maximum pick quantity' to 100% on the location directive.

Answer

Configure the work confirmation policy to require full quantity.

Question 4

An organization is implementing Dynamics 365 Finance and needs to ensure that all vendor invoices are approved before payment. They want to automate three-way matching for purchase order invoices. What must be set up?

Accepted Answer

Accounts payable parameters, invoice matching workflow, and vendor tolerances. Three-way matching in Dynamics 365 Finance requires all three components: accounts payable parameters (to enable matching), the invoice matching workflow (to define the approval process), and vendor tolerances (to set acceptable variances). Option A is wrong because only the workflow is insufficient without enabling matching in parameters and setting tolerances. Option B is wrong because only accounts payable parameters are insufficient without the workflow and tolerances. Option D is wrong because only vendor tolerances are insufficient without the parameters and workflow.

Answer

Only the invoice matching workflow

Answer

Only accounts payable parameters for invoice matching

Answer

Only vendor tolerances for matching

Question 5

A company is implementing Dynamics 365 Finance. They want to use AI to automatically classify vendor invoices and extract key data. Which feature should they enable?

Accepted Answer

AI Builder for invoice processing. AI Builder for invoice processing is the correct feature because it uses prebuilt AI models to automatically classify vendor invoices and extract key data such as invoice number, date, and line items directly within Dynamics 365 Finance. This capability leverages Microsoft's AI Builder, which integrates with Power Automate and Dataverse to process invoices without custom development, aligning with the requirement for AI-driven automation.

Answer

Vendor collaboration

Answer

Optical character recognition (OCR) service

Answer

Power BI reports

Question 6

A company uses Dynamics 365 Supply Chain Management. They need to improve the accuracy of demand forecasting by incorporating external data such as weather forecasts and economic indicators. Which THREE features should they consider?

Accepted Answer

Demand forecasting. Demand forecasting in Dynamics 365 Supply Chain Management uses historical transaction data and can be extended with external data sources like weather and economic indicators through Azure Machine Learning. This integration improves forecast accuracy by applying machine learning models that correlate external factors with demand patterns.

Answer

Inventory visibility

Answer

Master planning

Question 7

A company uses Dynamics 365 Finance and Operations. They want to provide employees with a self-service portal to view their pay slips, update personal information, and request time off. Which module should they use?

Accepted Answer

Employee self-service. The Employee self-service module in Dynamics 365 Finance and Operations is specifically designed to provide employees with a web-based portal where they can view pay slips, update personal information, and request time off. This module empowers employees to manage their own HR-related tasks without requiring intervention from HR or payroll administrators, directly matching the scenario described.

Answer

Project management and accounting

Answer

Payroll

Answer

Time and attendance

Question 8

A company uses Dynamics 365 Supply Chain Management. They want to use AI to predict potential stockouts and suggest reorder quantities. Which feature should they enable?

Accepted Answer

Demand forecasting. Demand forecasting in Dynamics 365 Supply Chain Management uses AI and machine learning to analyze historical transaction data, predict future demand, and proactively identify potential stockouts. It also suggests optimal reorder quantities to maintain inventory levels, directly addressing the scenario's need for AI-driven stockout prediction and replenishment recommendations.

Answer

Product configuration

Answer

Inventory Visibility

Answer

Warehouse management

Question 9

Drag and drop the steps to set up a new product in Dynamics 365 Commerce in the correct order.

Accepted Answer

Create the product, then enter product details, then assign a category, then release to companies.. Product setup requires creating the product, entering details, assigning a category, and releasing it to companies.

Answer

Enter product details, then assign a category, then create the product, then release to companies.

Answer

Create the product, then assign a category, then enter product details, then release to companies.

Answer

Create the product, then enter product details, then release to companies, then assign a category.

Question 10

An organization uses Dynamics 365 Project Operations. A project manager needs to track the budget consumption and actual costs against the approved budget for a project. Which feature should they use?

Accepted Answer

Project budget and cost control. Project budget and cost control in Dynamics 365 Project Operations enables project managers to track budget consumption and actual costs against the approved budget. This feature provides real-time visibility into budget variances, cost overruns, and remaining budget, directly supporting the requirement to monitor financial performance against the plan.

Answer

Expense management

Answer

Time entry

Answer

Resource scheduling

Question 11

A company using Dynamics 365 Project Operations needs to track time and expenses against a project. Which module should they use?

Accepted Answer

Project management and accounting. In Dynamics 365 Project Operations, the Project management and accounting module is the primary module for tracking time and expenses against a project. It integrates time entry and expense reporting directly with project costing, billing, and budgeting, ensuring that all project-related transactions are captured and allocated correctly.

Answer

Expense management

Answer

Time and attendance

Answer

Human resources

Question 12

An organization uses Dynamics 365 Finance. The finance team notices that purchase invoices are taking too long to process manually. They want to use Copilot to streamline the invoice processing workflow. What is the most efficient way to achieve this?

Accepted Answer

Use Copilot to extract invoice data and suggest matching to purchase orders. Copilot in Dynamics 365 Finance can intelligently extract key data from purchase invoices (such as vendor, amounts, and line items) and then suggest matching to existing purchase orders. This significantly reduces manual data entry and speeds up the invoice processing workflow while still allowing human review for exceptions.

Answer

Use Copilot to detect duplicate invoices only

Answer

Set up Copilot to fully automate invoice approval without human review

Answer

Configure Copilot to automatically create a new workflow for each invoice

Question 13

A project-based organization uses Dynamics 365 Project Operations. They need to track time and materials against a project and invoice the customer based on actuals. Which project contract billing method should they use?

Accepted Answer

Time and material. A is correct because the Time and Material billing method in Dynamics 365 Project Operations allows the organization to track actual hours and expenses against a project and invoice the customer based on those actuals. This method is designed for projects where the scope is not fully defined upfront, and billing is directly tied to the recorded time and material consumption.

Answer

Cost plus

Answer

Fixed price

Answer

Milestone billing

Question 14

A company uses Dynamics 365 Supply Chain Management for discrete manufacturing. They need to reduce waste by ensuring that raw materials are only issued to production orders when the production order is released to the floor. Which TWO actions should they take?

Accepted Answer

Set the production order status to 'Released' before issuing materials. Setting the production order status to 'Released' triggers the material picking process, ensuring raw materials are issued only after the order is released to the floor. Option D is correct because the 'Release to warehouse' process generates picking work, which controls the physical issuance of materials. Option A is incorrect because 'Estimated' status does not initiate material issuing; it is a preliminary step. Option C is incorrect because quality orders are for quality inspections, not material control. Option E is incorrect because 'Ended' status indicates completion, not material issuance.

Answer

Set the production order status to 'Estimated'

Answer

Create a quality order for raw materials

Answer

Mark the production order as 'Ended'

Question 15

A retail company wants to use Dynamics 365 Commerce to manage online and in-store sales from a single platform. Which core capability should they leverage to unify their sales data?

Accepted Answer

Omnichannel order management. Omnichannel order management is the core capability in Dynamics 365 Commerce that unifies sales data from online and in-store channels into a single order lifecycle. It enables centralized processing, fulfillment, and returns across all channels, ensuring consistent inventory and customer data without silos.

Answer

Loyalty management

Answer

Product recommendations

Answer

Inventory visibility

Question 16

A company wants to use Dynamics 365 Finance for advanced financial planning and analysis. Which THREE capabilities should they enable?

Accepted Answer

Budgeting. Budgeting (C) is a core capability in Dynamics 365 Finance that enables organizations to create, manage, and analyze budgets, which is essential for advanced financial planning and analysis. It integrates with general ledger and other modules to support budget control, budget planning, and budget reporting, allowing for proactive financial management.

Answer

Accounts payable

Answer

Invoice capture

Question 17

Your organization is implementing Dynamics 365 Finance. They need to ensure that financial transactions comply with local regulatory requirements for electronic invoicing. Which feature should they use?

Accepted Answer

Electronic reporting (ER). Electronic reporting (ER) is the correct feature as it allows configuring electronic documents for different countries/regions, including electronic invoices. Option B (Payment formats) is used for defining payment formats, not for electronic invoicing compliance. Option C (Financial reporting) is for creating financial statements and reports, not for electronic invoicing. Option D (Data management) is a framework for data import/export and entity management, not specifically for electronic invoicing.

Answer

Payment formats

Answer

Financial reporting

Answer

Data management

Question 18

Drag and drop the steps to set up a new user in Dynamics 365 Finance and Operations in the correct order.

Accepted Answer

Create user record, then enter user details, then assign security roles, then enable user.. User setup includes creating the user, entering details, assigning roles, and enabling.

Answer

Create user record, then assign security roles, then enter user details, then enable user.

Answer

Create user record, then enter user details, then enable user, then assign security roles.

Answer

Enter user details, then create user record, then assign security roles, then enable user.

Question 19

A company uses Dynamics 365 Project Operations to manage project expenses. An employee submits an expense report for a project. The project manager needs to approve the expense report. Where does the project manager perform this approval?

Accepted Answer

Expense Approval workspace. In Dynamics 365 Project Operations, expense report approvals are handled through the Expense Approval workspace. This workspace is specifically designed for project managers and approvers to review, approve, or reject expense reports submitted by project team members. It provides a centralized view of all pending expense approvals tied to projects.

Answer

Project Contract

Answer

Resource Manager dashboard

Answer

Time Approval workspace

Question 20

A manufacturing company uses Dynamics 365 Finance and Operations to manage its production processes. They need to track the consumption of raw materials and labor during the production run. Which module should they use to capture this data in real time?

Accepted Answer

Production control. Production control is the correct module because it is specifically designed to manage and execute production orders, including real-time registration of raw material consumption (via pick lists or reporting as finished) and labor hours (via route card or job card entries). This data is captured directly against the production order, enabling accurate tracking of actual costs during the production run.

Answer

Cost accounting

Answer

Procurement and sourcing

Answer

Inventory management