MB-920 Describe Dynamics 365 Finance Practice Question
A retail company wants to automate the reconciliation of bank statements with ledger entries in Dynamics 365 Finance. Which feature 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
✓
Advanced bank reconciliation
Advanced bank reconciliation allows automatic matching of bank statement lines with bank transactions in the system. Option A is wrong because cash flow forecasting predicts future cash flows, not reconciliation. Option C is wrong because the payment journal is used to record payments, not reconciliation. Option D is wrong because the general journal is used for manual journal entries, not reconciliation.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Cash flow forecasting
Why it's wrong here
Cash flow forecasting predicts future cash flows, not reconciliation.
- ✓
Advanced bank reconciliation
Why this is correct
Advanced bank reconciliation allows automatic matching of bank statement lines with bank transactions in the system.
- ✗
Payment journal
Why it's wrong here
The payment journal is used to record payments, not reconciliation.
- ✗
General journal
Why it's wrong here
The general journal is used for manual journal entries, not reconciliation.
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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.