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Describe Dynamics 365 FinancemediumMultiple ChoiceObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

A company uses Dynamics 365 Finance and wants to streamline the process of reconciling bank statements with ledger entries. What 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

Bank reconciliation

Correct: Bank reconciliation automates the matching of bank statements with ledger entries, streamlining the reconciliation process. Option A is wrong because Budget control is used for enforcing budget limits, not reconciliation. Option B is wrong because Cash flow forecasting predicts future cash flows, not reconciliation. Option C is wrong because Payment proposals generate payment suggestions, not reconciliation.

Answer analysis

Option-by-option breakdown

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

  • Budget control

    Why it's wrong here

    Budget control monitors spending against budgets.

  • Cash flow forecasting

    Why it's wrong here

    Cash flow forecasting predicts future cash positions, not reconciliation.

  • Payment proposals

    Why it's wrong here

    Payment proposals generate vendor payments.

  • Bank reconciliation

    Why this is correct

    Bank reconciliation matches bank statements to ledger entries.

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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.