Quick Answer
The correct answer is period close configuration. This feature in Dynamics 365 Finance allows an administrator to restrict posting in a specific period while still permitting transaction entry, because it applies user-level permissions to the period close process rather than altering the period’s status. Unlike ledger period status, which fully closes a period and blocks all activity, or fiscal calendar setup, which only defines period boundaries, period close gives granular control over who can post versus who can only enter data. On the MB-920 exam, this question tests your understanding of period management and user permissions, often appearing as a trap where candidates confuse “period close” with “ledger period status.” A common memory tip: think of period close as a “soft lock” that lets you type but not submit, while ledger period status is a “hard lock” that stops everything.
This MB-920 practice question tests your understanding of describe dynamics 365 finance. This is a configuration task: choose the command set that satisfies every stated requirement. Small differences — like 'secret' vs 'password' or 'transport input ssh' vs 'all' — change whether the answer is correct. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
A Dynamics 365 Finance administrator needs to restrict a user from posting in a specific period that is not yet closed. The user should still be able to enter transactions. What configuration should the administrator use?
Period close
Period close can restrict posting while allowing entry.
Ledger period status
Why wrong: Ledger period status closes the period entirely.
Fiscal calendar setup
Why wrong: Fiscal calendar defines periods, not user permissions.
Audit policies
Why wrong: Audit policies are for compliance.
Answer choices
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
Period close
Option A is correct because period close allows setting user permissions to prevent posting but allow entry. Option B is wrong because fiscal calendar setup defines periods, not user permissions. Option C is wrong because ledger period status closes the period entirely. Option D is wrong because audit policies are for compliance, not posting restrictions.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
For each option: why learners choose it and why it is or isn't the right answer here.
Period close
Why this is correct
Period close can restrict posting while allowing entry.
Related concept
Read the scenario before looking for a memorised answer.
Ledger period status
Why it's wrong here
Ledger period status closes the period entirely.
Fiscal calendar setup
Why it's wrong here
Fiscal calendar defines periods, not user permissions.
Audit policies
Why it's wrong here
Audit policies are for compliance.
Common exam traps
Many certification questions include familiar terms but test a specific constraint. Read the exact wording before choosing an answer that is generally true but wrong for this case.
Detailed technical explanation
This question should be treated as a scenario, not a definition check. Identify the problem, the constraint and the best action. Then compare each option against those facts.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
A company's IT admin needs to give a contractor read-only access to production logs without sharing account credentials. Using role-based access control (RBAC) and temporary scoped permissions — not a permanent shared password — is the correct pattern. Questions like this test whether you can apply least-privilege access across cloud identity services.
What to study next
Identify which MB-920 exam domain this question belongs to, then review the specific concept being tested. Practise related questions in that domain and focus on understanding why each wrong answer is tempting — not just why the correct answer is right.
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FAQ
Describe Dynamics 365 Finance — This question tests Describe Dynamics 365 Finance — Read the scenario before looking for a memorised answer..
The correct answer is: Period close — Option A is correct because period close allows setting user permissions to prevent posting but allow entry. Option B is wrong because fiscal calendar setup defines periods, not user permissions. Option C is wrong because ledger period status closes the period entirely. Option D is wrong because audit policies are for compliance, not posting restrictions.
Identify which MB-920 exam domain this question belongs to, then review the specific concept being tested. Practise related questions in that domain and focus on understanding why each wrong answer is tempting — not just why the correct answer is right.
Read the scenario before looking for a memorised answer.
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Last reviewed: Jun 21, 2026
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.
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