MB-920 Describe the core capabilities of the finance and operations apps Practice Test 7 — 15 Questions

Question 1

A manufacturing company uses Dynamics 365 Supply Chain Management to manage production. The production manager needs to schedule production jobs to minimize changeover times by grouping jobs that require similar setup on the same machine. Which scheduling method should the manager use?

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

Accepted Answer

Job scheduling with setup optimization. Job scheduling with setup optimization enables grouping of production jobs with similar setup requirements on the same machine, minimizing changeover times. Operations scheduling, job scheduling alone, and master planning do not provide this specific optimization. Only the setup optimization feature within job scheduling sequences jobs to reduce setup times.

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Job scheduling

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Master planning

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Operations scheduling

Question 2

A company is evaluating Dynamics 365 Finance to manage its financial operations. The finance manager wants to know which module is responsible for managing the process of purchasing goods and services from vendors, including purchase orders and vendor invoices. Which module should the finance manager use?

Accepted Answer

Accounts payable. In Dynamics 365 Finance, the Accounts payable module manages the procurement process, including purchase orders, vendor invoices, and payments. It maintains vendor records and tracks liabilities. While Procurement and sourcing in Supply Chain Management also handles purchasing, the question is specific to Finance, where Accounts payable is the correct module.

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Accounts receivable

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Procurement and sourcing

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General ledger

Question 3

A company uses Dynamics 365 Finance to manage its accounts payable operations. The accounting manager needs to record vendor invoices that have been received but not yet matched to a purchase order, and route them through an approval workflow before payment. Which workspace should the manager use to create and process these pending vendor invoices?

Accepted Answer

Vendor invoice entry workspace in Accounts payable. The Vendor invoice entry workspace in Accounts payable is designed for capturing vendor invoices that are not associated with a purchase order, including those received but not yet matched, and for submitting them through approval workflows. It provides the necessary fields for invoice header, lines, distributions, and workflow actions, making it the correct environment for the accounting manager's task.

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Purchase order preparation workspace in Procurement and sourcing

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Invoice register journal in General ledger

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Payment proposal workspace in Accounts payable

Question 4

A company uses Dynamics 365 Finance to manage its general ledger. The accounting team needs to perform period-end closing activities. Which two features are available in Dynamics 365 Finance to support period-end closing? (Choose two.)

Accepted Answer

Allocations. The Financial period close workspace and Allocations are both features within Dynamics 365 Finance that support period-end closing. The workspace provides a structured approach to managing closing tasks, while Allocations help distribute amounts across accounts as needed for accurate period-end reporting. The other options are Supply Chain Management features not specific to general ledger closing.

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Demand forecasting

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Production order costing

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Batch job for inventory closing

Question 5

A company uses Dynamics 365 Supply Chain Management to manage its production processes. The production manager needs to schedule production jobs to minimize setup times by grouping jobs that require similar resources. Which feature should be used?

Accepted Answer

Operations scheduling. Operations scheduling is designed to schedule production operations while considering resource constraints and can group jobs that use the same resources. This grouping helps minimize setup times by reducing the need to change over resources between different jobs. It is the appropriate feature for the production manager's requirement.

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Lean manufacturing

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Master planning

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Job scheduling

Question 6

A company uses Dynamics 365 Finance. The finance team needs to ensure that purchase invoices are automatically matched to purchase orders and product receipts before payment is processed. Which feature should be configured?

Accepted Answer

Accounts payable invoice matching. Accounts payable invoice matching (option D) is the correct feature because it automatically compares purchase invoice details (quantities, prices, charges) against the corresponding purchase order and product receipt. This three-way matching ensures that payment is only processed when the invoice matches the order and receipt, preventing overpayment and discrepancies.

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Fixed asset management

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Workflow approval

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Vendor collaboration portal

Question 7

A company uses Dynamics 365 Finance. The CFO wants to view financial data in real-time using dashboards. Which tool should be used to create these dashboards?

Accepted Answer

Power BI. Power BI is the correct tool because it provides real-time, interactive dashboards that can be embedded directly into Dynamics 365 Finance, allowing the CFO to visualize financial data with live updates. Unlike static reporting tools, Power BI connects to the finance data sources via OData or DirectQuery, enabling dynamic filtering and drill-down without requiring manual data refresh.

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Microsoft Excel

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SQL Server Reporting Services (SSRS)

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Power Apps

Question 8

A company uses Dynamics 365 Project Operations. The project manager needs to track actual hours worked against budgeted hours for a fixed-price project. Which module should be used?

Accepted Answer

Project management. In Dynamics 365 Project Operations, the Project management module (specifically the Project Planning and Tracking area) is the correct place to monitor actual hours worked against budgeted hours for a fixed-price project. This module provides the project manager with a view of planned vs. actual effort, allowing them to track progress and ensure the project stays within the fixed budget.

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Resource management

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Expense management

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Time and attendance

Question 9

A company uses Dynamics 365 Finance. The controller wants to enforce that all purchase requisitions over $10,000 require CFO approval. Which configuration should be used?

Accepted Answer

Purchase requisition workflow. A purchase requisition workflow is the correct configuration because it allows the controller to define a conditional approval step that triggers CFO approval when the requisition total exceeds $10,000. Workflows in Dynamics 365 Finance are designed to route documents through approval processes based on configurable conditions, such as monetary thresholds. This directly meets the requirement without altering budget control or audit policies.

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Budget control configuration

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Audit policy rule

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Configuration key

Question 10

A company wants to use AI capabilities to automatically categorize thousands of vendor invoices. Which Dynamics 365 Finance feature should be used?

Accepted Answer

Invoice automation using AI Builder. Invoice automation using AI Builder (option D) is correct because AI Builder provides prebuilt AI models, including invoice processing, that extract and categorize data from vendor invoices in Dynamics 365 Finance, enabling automated categorization at scale. Budget planning (A) is for creating and managing budgets, not document categorization. Electronic reporting (B) is for configuring and generating regulatory and business documents, not AI-based invoice classification. Fixed assets (C) manages asset records and depreciation, which is unrelated to invoice categorization.

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Budget planning

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Electronic reporting

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Fixed assets

Question 11

A company uses Dynamics 365 Commerce. Which TWO features are available to enhance the customer shopping experience online?

Accepted Answer

Product recommendations powered by AI. Dynamics 365 Commerce includes AI-powered product recommendations that analyze customer behavior, purchase history, and browsing patterns to suggest relevant items, directly enhancing the online shopping experience. Option B is correct because the customer loyalty program feature allows retailers to create and manage loyalty schemes, points, and rewards, which increases customer engagement and repeat purchases online.

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Purchase order management

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Inventory counting

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Vendor invoice processing

Question 12

Refer to the exhibit. A production order in Dynamics 365 Supply Chain Management has Reservation set to 'Manual'. What does this mean for material availability?

Accepted Answer

Materials must be manually reserved by the user. When the Reservation field on a production order is set to 'Manual', materials are not automatically reserved or consumed. Instead, the user must explicitly reserve materials (e.g., via the production order's 'Reserve' action) before or during production. This ensures that material availability is controlled manually, preventing automatic allocation from inventory.

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Materials are automatically reserved when the order is released

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Materials are automatically consumed during production

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Materials are reserved based on the BOM explosion date

Question 13

A manufacturing company uses Dynamics 365 Finance. They need to automate the process of reordering raw materials when inventory falls below a predefined level. Which core capability should they use?

Accepted Answer

Replenishment rules. Replenishment rules in Dynamics 365 Finance allow you to define automatic reordering logic based on predefined inventory levels, such as minimum and maximum stock quantities. This capability directly addresses the requirement to trigger purchase orders or transfer orders when raw materials fall below a threshold, without manual intervention.

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Inventory counting

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Demand forecasting

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Vendor collaboration

Question 14

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.

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Loyalty management

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Product recommendations

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Inventory visibility

Question 15

A logistics company uses Dynamics 365 Supply Chain Management. They want to optimize delivery routes to reduce fuel costs and improve on-time delivery. Which capability should they use?

Accepted Answer

Transportation management. Transportation management in Dynamics 365 Supply Chain Management provides route planning, rate shopping, and shipment consolidation capabilities. It uses real-time data and constraints (e.g., traffic, delivery windows) to optimize delivery routes, directly reducing fuel costs and improving on-time delivery.

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Production control

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Warehouse management

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Asset management