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Describe Dynamics 365 FinanceeasyMultiple ChoiceObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

A company is setting up Dynamics 365 Finance for the first time. The system administrator needs to create a fiscal calendar that starts on July 1 and ends on June 30 of the following year. Which type of fiscal year should the administrator select?

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

July through June

A fiscal year starting July 1 and ending June 30 is defined as a 'July through June' fiscal year in Dynamics 365 Finance. Option B (October through September) is a different fiscal year pattern. Option C (Calendar year) runs January to December. Option D (April through March) is another fiscal year variant.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • July through June

    Why this is correct

    This matches the required fiscal year.

  • October through September

    Why it's wrong here

    This is a different fiscal year.

  • Calendar year

    Why it's wrong here

    Calendar year is January to December.

  • April through March

    Why it's wrong here

    This is a different fiscal year.

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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.