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Describe Dynamics 365 FinancehardMultiple ChoiceObjective-mapped

MB-920 Describe Dynamics 365 Finance Practice Question

Exhibit

{
  "Company": "USMF",
  "Account": "110130",
  "Name": "Checking account",
  "Currency": "USD",
  "Open balance": 50000,
  "Transactions": [
    {"Date": "2024-01-05", "Description": "Deposit", "Debit": 10000, "Credit": 0},
    {"Date": "2024-01-10", "Description": "Payment", "Debit": 0, "Credit": 5000},
    {"Date": "2024-01-15", "Description": "Transfer", "Debit": 0, "Credit": 20000}
  ]
}

Refer to the exhibit. The exhibit shows the main account balance and transactions for a checking account. What is the balance after all transactions are posted?

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

35000

Starting balance is 50000. A debit of 10000 increases the balance to 60000. A credit of 5000 decreases it to 55000. Another credit of 20000 decreases it to 35000. Option A (30000) is incorrect because it miscalculates the net effect. Option C (40000) is incorrect because it might ignore one of the credits. Option D (45000) is incorrect because it incorrectly adds the credits instead of subtracting.

Answer analysis

Option-by-option breakdown

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

  • 30000

    Why it's wrong here

    Incorrect calculation.

  • 35000

    Why this is correct

    Starting 50000 + 10000 - 5000 - 20000 = 35000.

  • 40000

    Why it's wrong here

    Incorrect calculation.

  • 45000

    Why it's wrong here

    Incorrect calculation.

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Written by Johnson Ajibi, MSc IT Security

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