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MB-920 Describe Dynamics 365 Finance Practice Question

Exhibit

Refer to the exhibit.

{
  "ElectronicReporting": {
    "FormatName": "ISO20022_CreditTransfer",
    "ModelMapping": "PaymentModel",
    "CountryContext": "DEU",
    "Version": "10.0.30"
  }
}

Refer to the exhibit. A company in Germany configures electronic reporting to generate ISO 20022 credit transfer payment files. The finance team reports that the generated file fails validation by the bank. What is the most likely cause?

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

✓

The country context is set incorrectly for the bank's requirements.

The company is in Germany (DEU), but the bank's validation likely requires a specific country context that matches the bank's local requirements. ISO 20022 credit transfer formats are country-specific; using the default DEU format may omit required fields or use incorrect codes. Option A is wrong because model mapping missing fields would cause a different error during generation, not validation failure. Option B is wrong because the format name (ISO 20022 Credit Transfer) is standard and correct. Option C is wrong because version 10.0.30 is current and generally compatible.

Answer analysis

Option-by-option breakdown

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

✗
The model mapping is missing required fields.
Why it's wrong here
Model mapping is configured.
✗
The format name is incorrect for credit transfers.
Why it's wrong here
ISO20022_CreditTransfer is correct.
✗
The version number is outdated.
Why it's wrong here
Version 10.0.30 is current.
✓
The country context is set incorrectly for the bank's requirements.
Why this is correct
Country-specific requirements may not be met with generic ISO 20022 format.

Go deeper

MB-920 Describe Dynamics 365 Finance Practice Question

Exhibit

Why each option matters

Option-by-option breakdown

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