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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 track expenses by department and project. Which feature should be configured to capture this information on all financial transactions?

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 dimensions.

Financial dimensions allow tracking by department, project, and other dimensions. Option A is wrong because the chart of accounts structures the main accounts but does not capture additional dimensions. Option B is wrong because cost accounting is for internal cost management. Option D is wrong because budgeting is for planning.

Answer analysis

Option-by-option breakdown

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

  • Chart of accounts.

    Why it's wrong here

    Chart of accounts defines main accounts only.

  • Cost accounting module.

    Why it's wrong here

    Cost accounting is separate and not transaction-level.

  • Financial dimensions.

    Why this is correct

    Financial dimensions provide additional segmentation for transactions.

  • Budget control.

    Why it's wrong here

    Budget control manages budgets, not tracking dimensions.

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Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

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