MB-920 Describe Dynamics 365 Finance Practice Question
A company wants to use Dynamics 365 Finance to track budget versus actuals for each department. What should they configure?
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
✓
Budget control configuration
Budget control in Dynamics 365 Finance allows tracking budget versus actual expenses at the department level. Option A is wrong because financial dimensions allow segmentation of transactions but do not track budget versus actuals by themselves. Option B is wrong because the chart of accounts structures the general ledger accounts, not budget tracking. Option D is wrong because the general journal is used to record journal entries, not to track budget versus actuals.
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 dimensions
Why it's wrong here
Financial dimensions allow segmentation of transactions but do not track budget versus actuals by themselves.
- ✗
Chart of accounts
Why it's wrong here
The chart of accounts structures the general ledger accounts, not budget tracking.
- ✓
Budget control configuration
Why this is correct
Budget control in Dynamics 365 Finance allows tracking budget versus actual expenses at the department level.
- ✗
General journal
Why it's wrong here
The general journal is used to record journal entries, not to track budget versus actuals.
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