MB-920 Describe Dynamics 365 Finance Practice Question
A company uses Dynamics 365 Finance and wants to automate the calculation and posting of daily interest on overdue customer invoices. Which feature should be configured?
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
✓
Interest codes
Interest codes define the interest calculation rules. Collection letters are for dunning. Customer posting profiles define posting accounts. Payment schedules define installment plans.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Payment schedules
Why it's wrong here
Payment schedules define installment payments, not interest.
- ✓
Interest codes
Why this is correct
Interest codes define the interest rate, calculation method, and posting details for overdue invoices.
- ✗
Collection letters
Why it's wrong here
Collection letters are used for dunning, not interest calculation.
- ✗
Customer posting profiles
Why it's wrong here
Posting profiles define accounting entries, not interest calculation.
Go deeper
Related to this question
About these practice questions
One of 930 original MB-920 practice questions on Courseiva, each with a full explanation and wrong-answer analysis — not exam dumps or protected exam content. Learn why practice questions differ from exam dumps →
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This MB-920 practice question is part of Courseiva's free Microsoft certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the MB-920 exam.