Describe the core capabilities of the finance and operations apps →mediumMultiple SelectObjective-mapped
MB-920 Practice Question: Describe the core capabilities of the finance and operations apps
A company uses Dynamics 365 Project Operations. They need to track project costs and revenue. Which THREE components are essential?
⚠ Common exam trap
Candidates often confuse 'resource management' (which is about scheduling) with 'time and expense entry' (which is about cost capture), leading them to select resource management as an essential component for cost and revenue tracking when it is not directly required for that purpose.
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
✓
Time and expense entry
Time and expense entry (B) is essential because Dynamics 365 Project Operations captures actual labor hours and material costs through time sheets and expense reports, which directly feed into project cost and revenue calculations. Without this component, the system cannot track the consumption of resources against project budgets or generate accurate billing data.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Resource management
Why it's wrong here
Resource management is for staffing, not cost/revenue tracking.
- ✓
Time and expense entry
Why this is correct
Essential for capturing actual costs.
- ✓
Revenue recognition
Why this is correct
Essential for recognizing project revenue.
- ✓
Project cost tracking
Why this is correct
Essential for monitoring project expenses.
- ✗
Fixed asset management
Why it's wrong here
Fixed asset management is for capital assets, not project costs.
Go deeper
Related to this question
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 →
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.