The correct answer is to create a new budget scenario for the revision. In Dynamics 365 Finance, once a budget is approved, its original record cannot be directly modified; instead, the system requires you to use a new budget scenario—such as one named "Revision"—to capture changes while preserving the original approved version. This approach ensures audit trails and data integrity, as the original budget remains locked while the revision is tracked separately. On the MB-920 exam, this tests your understanding of budget control workflows and the distinction between budget models, scenarios, and statuses; a common trap is confusing the "Status" field (which is already approved) with the ability to edit, or thinking you can change the budget type. Remember the key rule: you never revise an approved budget directly—you always create a new scenario. A helpful mnemonic is "New Scenario for Revision" or simply "NSR" to recall that a fresh scenario is the only path to a revised budget without touching the original.
MB-920 Describe Dynamics 365 Finance Practice Question
This MB-920 practice question tests your understanding of describe dynamics 365 finance. The scenario asks you to isolate a root cause — eliminate options that address a different problem before choosing. 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.
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 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
Correct: To create a revision, a new budget scenario like 'Revision' should be used. Option A (Status) is already approved. Option B (Model) is valid. Option C (Type) is correct.
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.
✗
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.
Related concept
Read the scenario before looking for a memorised answer.
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.
Trap categories for this question
Scenario analysis trap
Changing status of an approved budget is not recommended; use revision scenario.
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.
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 new budget scenario for the revision — Correct: To create a revision, a new budget scenario like 'Revision' should be used. Option A (Status) is already approved. Option B (Model) is valid. Option C (Type) is correct.
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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Question Discussion
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