Courseiva
Describe Dynamics 365 FinancehardMultiple SelectObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

A company uses Dynamics 365 Finance to manage intercompany transactions. Which THREE steps are required to set up intercompany accounting?

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

Define intercompany partners

You must define intercompany partners, set up elimination rules, and configure intercompany accounting sequences. Creating a consolidation company is a separate process. Setting up budget models is unrelated.

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 a consolidation company

    Why it's wrong here

    Consolidation is separate from intercompany setup.

  • Define intercompany partners

    Why this is correct

    Needed to identify the legal entities involved.

  • Set up elimination rules

    Why this is correct

    Required to eliminate intercompany transactions.

  • Set up budget models

    Why it's wrong here

    Unrelated to intercompany accounting.

  • Configure intercompany accounting sequences

    Why this is correct

    Needed to define numbering and posting.

About these practice questions

This MB-920 question is part of Courseiva's 930-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →

How Courseiva writes practice questions · Editorial policy

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.