MB-920 Describe Dynamics 365 Finance Practice Question
A company using Dynamics 365 Finance needs to generate financial statements in a specific format required by local regulators. Which tool 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
✓
Financial reporting (Management Reporter)
Financial reporting (Management Reporter) allows creating custom financial statements in various formats. Option B is wrong because Power BI is for data visualization, not formal financial statements. Option C is wrong because the general ledger inquiry shows account balances but not formatted statements. Option D is wrong because Excel integration can help but is not the native tool for regulatory reporting.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Financial reporting (Management Reporter)
Why this is correct
Financial reporting provides customizable reports like balance sheets and income statements in regulatory formats.
- ✗
Power BI dashboards
Why it's wrong here
Power BI is for interactive dashboards, not for generating formal financial statements.
- ✗
General ledger inquiry
Why it's wrong here
Inquiries show data but do not produce formatted statements.
- ✗
Excel export and manual formatting
Why it's wrong here
While possible, it is not the recommended tool; Financial reporting is designed for this purpose.
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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.