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Describe Dynamics 365 FinanceeasyMultiple ChoiceObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

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

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

Financial reporting

Financial reporting in Dynamics 365 Finance provides customizable, regulatory-compliant financial statements. Option A (Electronic reporting) is used for configuring electronic documents and tax reports, not specifically for financial statements. Option B (Financial reporting) is the correct feature for generating financial statements. Option C (Intercompany accounting) handles transactions between legal entities, not reporting. Option D (Budget control) manages budget allocations and monitoring, not financial statement generation.

Answer analysis

Option-by-option breakdown

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

  • Electronic reporting

    Why it's wrong here

    Electronic reporting is for electronic documents, not financial statements.

  • Financial reporting

    Why this is correct

    Financial reporting allows creation of regulatory financial statements.

  • Intercompany accounting

    Why it's wrong here

    Intercompany accounting manages transactions between entities.

  • Budget control

    Why it's wrong here

    Budget control is for monitoring budgets, not reporting.

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Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

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