MB-920 Describe Dynamics 365 Finance Practice Question
A manufacturing company uses Dynamics 365 Finance. The finance team notices that the actual budget expenditures for the current fiscal year are significantly higher than planned. They need to identify variances and adjust the budget accordingly. Which feature should they use to analyze the budget vs. actuals and make adjustments?
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 configuration allows monitoring of budget funds and analysis of budget vs. actuals. Option A (Budget planning) is for creating budgets, not analyzing variances. Option B (Budget register entries) is for recording budget amounts, not analysis. Option C (Fixed asset management) is unrelated to budget analysis. Therefore, D is correct.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Budget planning
Why it's wrong here
Budget planning is used for creating budget plans, not for analyzing variances.
- ✗
Budget register entries
Why it's wrong here
Budget register entries are used to record budget amounts, not for analysis.
- ✗
Fixed asset management
Why it's wrong here
Fixed asset management deals with asset lifecycle, not budget vs. actuals.
- ✓
Budget control configuration
Why this is correct
Budget control configuration enables monitoring of budget funds and analysis of budget vs. actuals, allowing adjustments.
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