Describe Dynamics 365 Finance →easyMultiple ChoiceObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

Exhibit

{
  "BudgetCycle": "FY2025",
  "BudgetModel": "Original",
  "BudgetScenario": "Baseline",
  "BudgetType": "Expense",
  "BudgetStatus": "Approved"
}

Refer to the exhibit. The configuration shows a budget in Dynamics 365 Finance. The budget manager wants to create a revised budget based on the original but cannot modify the existing record. What should they do?

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 new budget scenario for the revision

Budget revisions in Dynamics 365 Finance require a new budget scenario; the existing approved record cannot be edited. Option A is incorrect because changing the budget status to Draft would not allow modification if the budget is already in a workflow that locks editing. Option B is incorrect because deleting and recreating is inefficient and loses history. Option C is incorrect because modifying the BudgetModel changes the structure, not the amounts, and may affect other budgets using that model.

Answer analysis

Option-by-option breakdown

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

✗
Change the BudgetStatus to Draft to allow editing
Why it's wrong here
Changing status of an approved budget is not recommended; use revision scenario.
✗
Delete the existing budget and recreate it with changes
Why it's wrong here
Deleting approved budgets is not best practice.
✗
Modify the BudgetModel to include the changes
Why it's wrong here
Budget model defines structure, not specific budget amounts.
✓
Create a new budget scenario for the revision
Why this is correct
Revised budgets are created as new scenarios.

Go deeper

MB-920 Describe Dynamics 365 Finance Practice Question

Exhibit

Why each option matters

Option-by-option breakdown

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