MB-920 Describe Dynamics 365 Finance Practice Question
A company needs to comply with a new regulation requiring that all journal entries be approved by a supervisor before posting. The company uses Dynamics 365 Finance. What should they configure?
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
✓
Create a journal approval workflow
Correct: Create a journal approval workflow. Option A is wrong because Financial dimension sets are for reporting, not for approval. Option B is wrong because General ledger parameters include various settings but not journal approval workflows. Option D is wrong because Audit trail settings track changes but do not enforce approvals.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Configure financial dimension sets
Why it's wrong here
Financial dimension sets define reporting structures, not approval.
- ✗
Modify general ledger parameters
Why it's wrong here
General ledger parameters include settings like fiscal calendar, not approval.
- ✓
Create a journal approval workflow
Why this is correct
Journal approval workflow enforces supervisor approval before posting.
- ✗
Enable audit trail settings
Why it's wrong here
Audit trail tracks changes, but does not require approval before posting.
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