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Describe Dynamics 365 FinanceeasyMultiple ChoiceObjective-mapped

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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