hardMultiple SelectObjective-mapped
MB-920 Practice Question: Implementing Dynamics 365 Project Operations and…
A company is implementing Dynamics 365 Project Operations and needs to define cost and sales price lists for a project. Which TWO actions should the administrator take to ensure accurate project budgeting?
⚠ Common exam trap
Watch out — candidates often confuse cost price lists with sales price lists, assuming markups or discounts belong in cost lists, when in fact cost lists are strictly for raw cost rates and sales lists handle pricing to customers.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Define sales price lists with effective dates to cover different project phases.
Sales price lists in Dynamics 365 Project Operations support effective dates, allowing the administrator to define different prices for different project phases (e.g., design, development, deployment). This ensures that cost and revenue are accurately tracked as rates change over the project lifecycle, which is essential for precise project budgeting.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Set up cost price lists to include markup percentages.
Why it's wrong here
Markups are defined in sales price lists, not cost price lists.
- ✗
Configure discounts directly in the price list for bulk purchases.
Why it's wrong here
Discounts are applied at the transaction level, not within the price list.
- ✓
Define sales price lists with effective dates to cover different project phases.
Why this is correct
Effective dates allow different rates for different phases of the project.
- ✗
Assign the same price list to all customers for consistency.
Why it's wrong here
Price lists are assigned per project, not per customer.
- ✓
Create a cost price list with role rates and labor categories.
Why this is correct
Cost price lists define cost rates for roles, which are used for budgeting.
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Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This MB-920 practice question is part of Courseiva's free Microsoft certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the MB-920 exam.