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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 needs to ensure that all vendor invoices are approved before payment. They want to automate three-way matching for purchase order invoices. What must be set up?

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

Accounts payable parameters, invoice matching workflow, and vendor tolerances

Three-way matching in Dynamics 365 Finance requires all three components: accounts payable parameters (to enable matching), the invoice matching workflow (to define the approval process), and vendor tolerances (to set acceptable variances). Option A is wrong because only the workflow is insufficient without enabling matching in parameters and setting tolerances. Option B is wrong because only accounts payable parameters are insufficient without the workflow and tolerances. Option D is wrong because only vendor tolerances are insufficient without the parameters and workflow.

Answer analysis

Option-by-option breakdown

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

  • Only the invoice matching workflow

    Why it's wrong here

    The workflow defines approval steps but matching rules are part of accounts payable parameters.

  • Only accounts payable parameters for invoice matching

    Why it's wrong here

    Parameters set matching rules but workflow is needed for approval.

  • Accounts payable parameters, invoice matching workflow, and vendor tolerances

    Why this is correct

    All three are required: parameters define matching rules, workflow routes for approval, and vendor settings define tolerances.

  • Only vendor tolerances for matching

    Why it's wrong here

    Vendor tolerances are needed but so are policies and workflow.

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