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Describe Dynamics 365 FinanceeasyMultiple ChoiceObjective-mapped

MB-920 Financial dimensions Practice Question

A company uses Dynamics 365 Finance and needs to track expenses by department and project simultaneously. Which financial dimension configuration 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

Add Department and Project as financial dimensions to the main account.

In Dynamics 365 Finance, financial dimensions (e.g., Department and Project) are attributes attached to a main account to enable tracking by multiple dimensions simultaneously. Option A is wrong because cost centers and cost objects belong to cost accounting, not general ledger dimension tracking. Option B is wrong because main accounts and subaccounts are for chart of accounts structure, not for multi-dimensional tracking. Option C is wrong because budget codes and budget classes are used for budgeting, not for expense tracking across dimensions.

Answer analysis

Option-by-option breakdown

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

  • Create separate cost centers and cost objects.

    Why it's wrong here

    Cost centers and objects are used in cost accounting, not general ledger.

  • Use main accounts and subaccounts.

    Why it's wrong here

    Subaccounts are not flexible for multiple dimensions.

  • Configure budget codes and budget classes.

    Why it's wrong here

    Budget codes classify budgets, not transactions.

  • Add Department and Project as financial dimensions to the main account.

    Why this is correct

    Financial dimensions allow tracking multiple attributes on transactions.

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