MB-920 Practice Question: Describe the core capabilities of the finance and operations apps
This MB-920 practice question tests your understanding of describe the core capabilities of the finance and operations apps. Read the scenario carefully and evaluate each option against the stated constraints before committing to an answer. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
A company uses Dynamics 365 Finance and needs to comply with a new regulatory requirement to track fixed assets by location and custodian. They currently use the standard Fixed assets module. What is the best approach to meet this requirement?
Clue words in this question
Noticing these words before you look at the options changes how you read each choice.
Clue: "best"
Why it matters: Signals that multiple options may be partially correct. Choose the option that most directly solves the exact problem described, not the one that sounds most complete.
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Add custom fields to the Fixed asset table to capture location and custodian
Option B is correct because Dynamics 365 Finance allows extending standard entities like the Fixed asset table with custom fields to capture additional data such as location and custodian without modifying core logic. This approach leverages the platform's extensibility features (e.g., custom fields on the Fixed asset table) and ensures compliance with the new regulatory requirement while maintaining integration with existing fixed asset processes like depreciation and lifecycle management.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
✗
Implement the Asset management module for tracking
Why it's wrong here
Asset management is for maintenance, not financial tracking of fixed assets.
✓
Add custom fields to the Fixed asset table to capture location and custodian
Why this is correct
Custom fields provide a simple way to add required tracking without heavy customization.
Clue confirmation
The clue word "best" in the question point toward this answer.
Related concept
Read the scenario before looking for a memorised answer.
✗
Use the Inventory management module to track assets as inventory items
Why it's wrong here
Inventory management is for consumable items, not fixed assets.
✗
Create a separate custom entity to store asset location and custodian
Why it's wrong here
A custom entity adds unnecessary complexity; custom fields on the existing table are sufficient.
Common exam traps
Common exam trap: answer the scenario, not the keyword
The trap here is that candidates often confuse the Asset management module (which is for maintenance and service) with the Fixed assets module (which is for financial tracking), leading them to select Option A because they think 'tracking' implies physical asset management, but the requirement is specifically for regulatory compliance within the financial fixed asset context.
Detailed technical explanation
How to think about this question
Under the hood, Dynamics 365 Finance uses the Fixed asset table (AssetTable) as the core data source for all fixed asset records, and custom fields can be added via the Data Entity or the table itself using the Extensions framework (e.g., adding a string field for 'Custodian' and a lookup field for 'Location' linked to the Operations resource or a custom location entity). This approach ensures that the new fields are automatically included in standard forms, reports, and data export/import processes (e.g., Data management), and they can be referenced in workflows or business rules without custom code. In a real-world scenario, a company might also use the 'Fixed asset location' and 'Fixed asset custodian' fields to generate compliance reports for auditors, and these fields can be populated via batch jobs or mobile apps without disrupting the asset lifecycle.
KKey Concepts to Remember
Read the scenario before looking for a memorised answer.
Find the constraint that changes the correct option.
Eliminate answers that are true in general but not in this case.
TExam Day Tips
→Watch for words such as best, first, most likely and least administrative effort.
→Review why wrong options are wrong, not only why the correct option is correct.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
How this comes up in practice
A cloud solutions architect for a retail company is evaluating services for a new workload. The correct answer here reflects best practice for the specific scenario described — not a general cloud recommendation. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Cloud exam questions reward reading the constraint carefully: the same technology can be right or wrong depending on the use case.
What to study next
Got this wrong? Here's your next step.
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
Describe the core capabilities of the finance and operations apps — This question tests Describe the core capabilities of the finance and operations apps — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: Add custom fields to the Fixed asset table to capture location and custodian — Option B is correct because Dynamics 365 Finance allows extending standard entities like the Fixed asset table with custom fields to capture additional data such as location and custodian without modifying core logic. This approach leverages the platform's extensibility features (e.g., custom fields on the Fixed asset table) and ensures compliance with the new regulatory requirement while maintaining integration with existing fixed asset processes like depreciation and lifecycle management.
What should I do if I get this MB-920 question wrong?
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
Are there clue words in this question I should notice?
Yes — watch for: "best". Signals that multiple options may be partially correct. Choose the option that most directly solves the exact problem described, not the one that sounds most complete.
What is the key concept behind this question?
Read the scenario before looking for a memorised answer.
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Question Discussion
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