- A
Configure financial dimension sets
Why wrong: Financial dimension sets define reporting structures, not approval.
- B
Modify general ledger parameters
Why wrong: General ledger parameters include settings like fiscal calendar, not approval.
- C
Create a journal approval workflow
Journal approval workflow enforces supervisor approval before posting.
- D
Enable audit trail settings
Why wrong: Audit trail tracks changes, but does not require approval before posting.
Quick Answer
The correct answer is to create a journal approval workflow in Dynamics 365 Finance. This configuration ensures that every journal entry must receive supervisor approval before it can be posted, directly meeting the new regulatory requirement. Technically, a journal approval workflow routes the entry through a predefined approval process, where designated supervisors review and either approve or reject the transaction based on business rules. On the Microsoft Dynamics 365 Fundamentals ERP MB-920 exam, this topic tests your understanding of core financial controls and compliance features, often appearing as a scenario where you must distinguish between workflow setup and unrelated configurations like financial dimensions or audit trails. A common trap is confusing the journal approval workflow with general ledger parameters, which handle settings like fiscal periods but not approval routing. Memory tip: think “workflow for workflow”—if the task involves sequential approval steps, you always need a workflow, not a static parameter.
MB-920 Describe Dynamics 365 Finance Practice Question
This MB-920 practice question tests your understanding of describe dynamics 365 finance. This is a configuration task: choose the command set that satisfies every stated requirement. Small differences — like 'secret' vs 'password' or 'transport input ssh' vs 'all' — change whether the answer is correct. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
A company needs to comply with a new regulation requiring that all journal entries be approved by a supervisor before posting. The company uses Dynamics 365 Finance. What should they configure?
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 journal approval workflow
Correct: Set up a journal approval workflow. Option A is wrong because Financial dimension sets are for reporting. Option B is wrong because Audit trail settings track changes. Option D is wrong because General ledger parameters include various settings but not approval workflow.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Configure financial dimension sets
Why it's wrong here
Financial dimension sets define reporting structures, not approval.
- ✗
Modify general ledger parameters
Why it's wrong here
General ledger parameters include settings like fiscal calendar, not approval.
- ✓
Create a journal approval workflow
Why this is correct
Journal approval workflow enforces supervisor approval before posting.
Related concept
Read the scenario before looking for a memorised answer.
- ✗
Enable audit trail settings
Why it's wrong here
Audit trail tracks changes, but does not require approval before posting.
Common exam traps
Common exam trap: answer the scenario, not the keyword
Many certification questions include familiar terms but test a specific constraint. Read the exact wording before choosing an answer that is generally true but wrong for this case.
Detailed technical explanation
How to think about this question
This question should be treated as a scenario, not a definition check. Identify the problem, the constraint and the best action. Then compare each option against those facts.
KKey Concepts to Remember
- Read the scenario before looking for a memorised answer.
- Find the constraint that changes the correct option.
- Eliminate answers that are true in general but not in this case.
- Use explanations to understand the rule behind the answer.
TExam Day Tips
- Underline the problem statement mentally.
- Watch for words such as best, first, most likely and least administrative effort.
- Review why wrong options are wrong, not only why the correct option is correct.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
How this comes up in practice
A cloud solutions architect for a retail company is evaluating services for a new workload. The correct answer here reflects best practice for the specific scenario described — not a general cloud recommendation. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Cloud exam questions reward reading the constraint carefully: the same technology can be right or wrong depending on the use case.
What to study next
Got this wrong? Here's your next step.
Identify which MB-920 exam domain this question belongs to, then review the specific concept being tested. Practise related questions in that domain and focus on understanding why each wrong answer is tempting — not just why the correct answer is right.
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Describe Dynamics 365 Finance — study guide chapter
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Describe Dynamics 365 Finance practice questions
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Microsoft Dynamics 365 Fundamentals ERP MB-920 study guide
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FAQ
Questions learners often ask
What does this MB-920 question test?
Describe Dynamics 365 Finance — This question tests Describe Dynamics 365 Finance — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: Create a journal approval workflow — Correct: Set up a journal approval workflow. Option A is wrong because Financial dimension sets are for reporting. Option B is wrong because Audit trail settings track changes. Option D is wrong because General ledger parameters include various settings but not approval workflow.
What should I do if I get this MB-920 question wrong?
Identify which MB-920 exam domain this question belongs to, then review the specific concept being tested. Practise related questions in that domain and focus on understanding why each wrong answer is tempting — not just why the correct answer is right.
What is the key concept behind this question?
Read the scenario before looking for a memorised answer.
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Last reviewed: Jun 21, 2026
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.
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