MB-920 Describe the core capabilities of the finance and operations apps Practice Test 9 — 15 Questions

Question 1

Refer to the exhibit. You are configuring a general journal in Dynamics 365 Finance. Based on the JSON snippet, what is the purpose of the 'VoucherSeries' field?

Accepted Answer

It defines the number sequence for vouchers.. The 'VoucherSeries' field in a Dynamics 365 Finance general journal configuration specifies the number sequence that will be used to generate unique voucher numbers for journal entries. This ensures each voucher has a distinct identifier, which is essential for audit trails and financial tracking.

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It defines the journal type (Daily, etc.).

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It defines the description of the journal.

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It defines the name of the journal.

Question 2

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?

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.

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The purchase order will be automatically approved.

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The purchase order will be skipped by the workflow.

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The purchase order will be rejected.

Question 3

Refer to the exhibit. An inventory adjustment is being posted for item A-001. The ReasonCode is 'CycleCount'. What is the most likely purpose of this adjustment?

Accepted Answer

To correct inventory after a physical count.. In Dynamics 365 Supply Chain Management, a cycle count is a type of physical inventory count used to verify on-hand quantities. When the counted quantity differs from the system quantity, an inventory adjustment with the reason code 'CycleCount' is posted to correct the system's on-hand inventory to match the physical count. This ensures inventory accuracy without affecting other transactions like sales or production.

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To record a sales order delivery.

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To adjust for production consumption.

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To receive a purchase order.

Question 4

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 feature should they configure?

Accepted Answer

Safety stock levels. Safety stock levels in Dynamics 365 Finance are used to define a minimum quantity for an item. When inventory falls below this predefined level, the system can automatically generate replenishment orders (e.g., purchase orders or transfer orders) to ensure raw materials are reordered without manual intervention. This directly automates the reordering process based on inventory thresholds.

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ABC classification

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Batch attributes

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Inventory aging reports

Question 5

A retail company using Dynamics 365 Commerce wants to implement a loyalty program that rewards customers based on purchase frequency and total spend. They need to assign different point multipliers for specific product categories. Which configuration should they use?

Accepted Answer

Loyalty program rules. Loyalty program rules in Dynamics 365 Commerce allow you to define earning and redemption rules, including point multipliers based on product categories. This configuration directly supports rewarding customers based on purchase frequency and total spend while assigning different multipliers for specific categories, making it the correct choice.

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Category hierarchy rules

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Assortment management

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Channel navigation hierarchy

Question 6

A company uses Dynamics 365 Supply Chain Management. They want to track the carbon footprint of each product throughout its lifecycle, from raw material to end-of-life disposal. Which module should they use?

Accepted Answer

Sustainability. The Sustainability module in Dynamics 365 Supply Chain Management is specifically designed to calculate and track carbon emissions across the entire product lifecycle, including raw material extraction, production, distribution, usage, and end-of-life disposal. It uses predefined emission factors and activity data to compute the carbon footprint per product, enabling organizations to meet environmental reporting requirements and identify reduction opportunities.

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Transportation management

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Warehouse management

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Product information management

Question 7

A company uses Dynamics 365 Finance to manage intercompany transactions. They need to ensure that when a sales order is created in one legal entity, a corresponding purchase order is automatically generated in another legal entity. Which feature should they configure?

Accepted Answer

Intercompany trading. Intercompany trading in Dynamics 365 Finance automatically generates corresponding purchase orders in other legal entities when sales orders are created. Option A is incorrect because Budget control is for managing spending limits, not intercompany order generation. Option C is incorrect because Elimination rules are used to remove intercompany transactions in consolidated reports. Option D is incorrect because Consolidations is for combining financial results, not operational transactions.

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Budget control

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Elimination rules

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Consolidations

Question 8

A company uses Dynamics 365 Human Resources. They want to automate the process of assigning training courses to employees based on their job role and completion of prerequisite courses. Which feature should they use?

Accepted Answer

Training management. Training management in Dynamics 365 Human Resources is the correct feature because it is specifically designed to handle course assignments, prerequisites, and automated training workflows based on job roles. This module allows administrators to define training plans, link them to job positions, and enforce prerequisite completion before enrolling employees, directly meeting the stated requirement.

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Compensation management

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Performance management

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Recruitment management

Question 9

A company uses Dynamics 365 Project Operations. They need to track time and expenses for project resources and bill clients accordingly. Which core capability should they use?

Accepted Answer

Time and expense management. Time and expense management is the core capability in Dynamics 365 Project Operations that enables project resources to log their hours and incurred costs. This data is then used to drive accurate client billing, as the system can automatically calculate billable amounts based on recorded time and expenses against the project.

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Invoicing

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Resource scheduling

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Project budgeting

Question 10

A company uses Dynamics 365 Commerce. They want to offer personalized product recommendations to online shoppers based on their browsing history and purchase patterns. Which Copilot feature should they enable?

Accepted Answer

Copilot in Dynamics 365 Commerce. Copilot in Dynamics 365 Commerce provides AI-driven personalized product recommendations. Option A is wrong because Copilot in Dynamics 365 Customer Service focuses on service-related suggestions, not e-commerce recommendations. Option B is wrong because Copilot in Dynamics 365 Finance provides financial insights, not product recommendations. Option D is wrong because Copilot in Dynamics 365 Sales focuses on lead scoring and sales insights, not e-commerce recommendations.

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Copilot in Dynamics 365 Customer Service

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Copilot in Dynamics 365 Finance

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Copilot in Dynamics 365 Sales

Question 11

A company uses Dynamics 365 Supply Chain Management. They need to optimize production scheduling by considering machine capacity, material availability, and delivery deadlines. Which feature should they use?

Accepted Answer

Finite capacity scheduling. Finite capacity scheduling is the correct feature because it explicitly considers machine capacity, material availability, and delivery deadlines when generating a production schedule. Unlike infinite loading, which assumes unlimited resources, finite capacity scheduling respects the actual workload of each resource and material constraints, ensuring that the schedule is realistic and achievable.

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Master planning

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Gantt chart

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Lean manufacturing

Question 12

A company uses Dynamics 365 Finance. They need to generate financial statements that comply with local regulatory requirements. Which feature should they use?

Accepted Answer

Financial reporting. Financial reporting in Dynamics 365 Finance is the dedicated feature for generating financial statements that comply with local regulatory requirements. It provides configurable report definitions, row and column structures, and supports multiple reporting frameworks (e.g., GAAP, IFRS) to meet statutory reporting needs. Unlike transactional modules, Financial reporting is specifically designed to produce balance sheets, income statements, and other regulated reports.

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Accounts payable

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Fixed assets management

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Budgeting

Question 13

Which TWO features are part of Dynamics 365 Supply Chain Management? (Select two.)

Accepted Answer

Transportation management. Transportation management is a core feature of Dynamics 365 Supply Chain Management that enables companies to manage inbound and outbound transportation, including route planning, carrier selection, freight reconciliation, and shipment tracking. It integrates with warehouse management to optimize logistics and reduce shipping costs.

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Commerce

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Human Resources

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Project Operations

Question 14

Which THREE capabilities are provided by Dynamics 365 Finance? (Select three.)

Accepted Answer

General ledger. The General ledger is the core of Dynamics 365 Finance, providing a centralized chart of accounts, journal entries, and financial reporting. It enables organizations to track all financial transactions and maintain a complete audit trail, which is fundamental to the application's finance capabilities.

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Warehouse management

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Asset management

Question 15

Which TWO features are part of Dynamics 365 Commerce? (Select two.)

Accepted Answer

Loyalty programs. Loyalty programs are a core feature of Dynamics 365 Commerce, enabling retailers to create, manage, and execute customer loyalty schemes, including points accrual, rewards, and tier management. This functionality is tightly integrated with the omnichannel capabilities to provide a consistent loyalty experience across online and physical store channels.

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Production control

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Project accounting

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Fixed assets