MB-920 Describe Dynamics 365 Finance Practice Question
An organization needs to track the budget versus actual expenses for each department in real time. Which Dynamics 365 Finance feature should be used?
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
Budget control in Dynamics 365 Finance enables real-time tracking of budget versus actual expenses by automatically checking budget balances against actual expenditures. Therefore, option C is correct. Option A (Budget planning) is used for creating and approving budgets, not for tracking in real time. Option B (General ledger) records actual transactions but does not automatically compare to budget in real time. Option D (Financial reports) can be generated on demand but are not inherently real-time.
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 to create and revise budgets, not to track actuals.
- ✗
General ledger
Why it's wrong here
The General ledger records actual expenses but does not provide real-time budget comparison without budget control.
- ✓
Budget control
Why this is correct
Budget control monitors budget consumption in real time as transactions are posted.
- ✗
Financial reports
Why it's wrong here
Financial reports can show budget vs. actual but are not real-time unless budget control is used.
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Variation 1. A company wants to use Dynamics 365 Finance to track budget versus actuals for each department. What should they configure?
easy- A.Financial dimensions
- B.Chart of accounts
- ✓ C.Budget control configuration
- D.General journal
Why C: Budget control in Dynamics 365 Finance allows tracking budget versus actual expenses at the department level. Option A is wrong because financial dimensions allow segmentation of transactions but do not track budget versus actuals by themselves. Option B is wrong because the chart of accounts structures the general ledger accounts, not budget tracking. Option D is wrong because the general journal is used to record journal entries, not to track budget versus actuals.
JA
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Senior Network & Security Engineer · founder of Courseiva
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