- A
Run Accounts payable foreign currency revaluation
This revalues open vendor transactions in foreign currency.
- B
Run Reporting currency translation
Why wrong: Reporting currency translation is for converting financial statements, not revaluation.
- C
Run General ledger foreign currency revaluation
This revalues main account balances in the general ledger.
- D
Run Accounts receivable foreign currency revaluation
This revalues open customer transactions in foreign currency.
- E
Run Exchange rate adjustment
Why wrong: Exchange rate adjustment is not a standard process; revaluation is the correct term.
Quick Answer
The correct answer is to run Accounts receivable foreign currency revaluation, along with Accounts payable foreign currency revaluation and General ledger foreign currency revaluation. This is because Dynamics 365 Finance requires separate revaluation processes for each subledger and the general ledger to adjust open balances to current exchange rates, ensuring compliance with local accounting standards at month-end. Bank foreign currency revaluation is also a valid action, but the question specifically asks for three actions, and the provided correct set excludes it in favor of the general ledger adjustment. On the MB-920 exam, this tests your understanding of the foreign currency revaluation steps and the distinction between revaluation (adjusting balances) and translation (reporting currency conversion). A common trap is confusing reporting currency translation with revaluation, or selecting “Exchange rate adjustment” which is not a standard function. Remember the mnemonic “GL, AR, AP” for the three core revaluation runs that directly adjust account balances.
MB-920 Describe Dynamics 365 Finance Practice Question
This MB-920 practice question tests your understanding of describe dynamics 365 finance. Read the scenario carefully and evaluate each option against the stated constraints before committing to an answer. 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 multinational organization uses Dynamics 365 Finance with multiple currencies. They need to comply with local accounting standards that require revaluation of foreign currency balances at month-end. Which THREE actions should be performed?
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
Run Accounts payable foreign currency revaluation
General ledger foreign currency revaluation adjusts account balances. Accounts payable and accounts receivable foreign currency revaluation adjust vendor and customer balances. Bank foreign currency revaluation adjusts bank account balances. Reporting currency is for translation, not revaluation. Exchange rate adjustment is not a standard term. Options A, B, and D are correct.
Key principle: NAT direction and interface roles matter as much as the IP address mapping. Inside/outside designation controls which traffic is translated.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Run Accounts payable foreign currency revaluation
Why this is correct
This revalues open vendor transactions in foreign currency.
Related concept
Static NAT maps one inside address to one outside address.
- ✗
Run Reporting currency translation
Why it's wrong here
Reporting currency translation is for converting financial statements, not revaluation.
- ✓
Run General ledger foreign currency revaluation
Why this is correct
This revalues main account balances in the general ledger.
Related concept
Static NAT maps one inside address to one outside address.
- ✓
Run Accounts receivable foreign currency revaluation
Why this is correct
This revalues open customer transactions in foreign currency.
Related concept
Static NAT maps one inside address to one outside address.
- ✗
Run Exchange rate adjustment
Why it's wrong here
Exchange rate adjustment is not a standard process; revaluation is the correct term.
Common exam traps
Common exam trap: NAT rules depend on direction and matching traffic
NAT is not only about the public address. The inside/outside interface roles and the ACL or rule that matches traffic are just as important.
Detailed technical explanation
How to think about this question
NAT questions usually test address translation, overload/PAT behaviour, static mappings and whether the right traffic is being translated. Read the interface direction and address terms carefully.
KKey Concepts to Remember
- Static NAT maps one inside address to one outside address.
- PAT allows many inside hosts to share one public address using ports.
- Inside local and inside global describe the private and translated addresses.
- NAT ACLs identify traffic for translation, not always security filtering.
TExam Day Tips
- Identify inside and outside interfaces first.
- Check whether the scenario needs static NAT, dynamic NAT or PAT.
- Do not confuse NAT matching ACLs with normal packet-filtering intent.
Key takeaway
NAT direction and interface roles matter as much as the IP address mapping. Inside/outside designation controls which traffic is translated.
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. NAT direction and interface roles matter as much as the IP address mapping. Inside/outside designation controls which traffic is translated. 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.
Review the four NAT address types (inside local, inside global, outside local, outside global), PAT port overload, and static vs dynamic NAT use cases. Then practise related MB-920 NAT questions on configuration and troubleshooting.
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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 — Static NAT maps one inside address to one outside address..
What is the correct answer to this question?
The correct answer is: Run Accounts payable foreign currency revaluation — General ledger foreign currency revaluation adjusts account balances. Accounts payable and accounts receivable foreign currency revaluation adjust vendor and customer balances. Bank foreign currency revaluation adjusts bank account balances. Reporting currency is for translation, not revaluation. Exchange rate adjustment is not a standard term. Options A, B, and D are correct.
What should I do if I get this MB-920 question wrong?
Review the four NAT address types (inside local, inside global, outside local, outside global), PAT port overload, and static vs dynamic NAT use cases. Then practise related MB-920 NAT questions on configuration and troubleshooting.
What is the key concept behind this question?
Static NAT maps one inside address to one outside address.
About these practice questions
Courseiva creates original exam-style practice questions with explanations and wrong-answer analysis. It does not publish real exam questions, exam dumps, or protected exam content. Learn why practice questions differ from exam dumps →
Same concept, more angles
1 more ways this is tested on MB-920
These questions test the same concept from different angles. Work through them to make sure you can recognise it however the exam phrases it.
Variation 1. A Dynamics 365 Finance user reports that the 'Customer payment journal' shows an incorrect exchange rate for a foreign currency payment. The exchange rate was updated yesterday. What is the most likely reason for the incorrect rate?
hard- A.The exchange rate table was not updated correctly.
- B.The currency is not set up for exchange rate updates.
- C.The rounding rule for the currency is incorrect.
- ✓ D.The exchange rate date on the journal is different from the payment date.
Why D: Option B is correct because the exchange rate date on the journal might be different from the payment date, causing the system to use a rate from a different day. Option A is wrong because the exchange rate table is updated, but the journal might use a different date. Option C is wrong because the currency is set up correctly if payments are processing. Option D is wrong because rounding rules affect amounts, not the exchange rate itself.
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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