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Describe Dynamics 365 FinancehardMultiple ChoiceObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

An organization is implementing Dynamics 365 Finance and must configure a fiscal calendar that aligns with a 4-4-5 retail calendar. Which approach 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

Create a custom period template based on the 4-4-5 pattern.

Dynamics 365 Finance supports custom period templates like 4-4-5. Option A is wrong because fiscal year date intervals define date ranges, not period patterns. Option B is wrong because the standard calendar is 12 months and does not support a 4-4-5 pattern. Option C is wrong because the period close template manages closing processes.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Define fiscal year date intervals.

    Why it's wrong here

    Date intervals define ranges, not the period pattern.

  • Use the standard calendar and manually adjust periods each year.

    Why it's wrong here

    Manual adjustment is error-prone and not scalable.

  • Use the period close template.

    Why it's wrong here

    Period close template manages closing procedures, not period definition.

  • Create a custom period template based on the 4-4-5 pattern.

    Why this is correct

    Custom period templates allow defining non-standard period patterns.

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