MB-920 Describe Dynamics 365 Finance Practice Question
Which THREE of the following are valid actions when managing cash and bank management in Dynamics 365 Finance?
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
✓
Reconcile a bank account
The correct actions in cash and bank management are: Reconcile a bank account (A), which matches internal records with bank statements; Forecast cash flow (B), which predicts future cash positions based on incoming and outgoing transactions; and Import bank statements (C), which brings external bank data into the system for reconciliation. Option D (Reverse a check) is typically handled in the check management submodule, not core cash management, and option E (Process credit card payments) is part of Accounts Receivable, not cash and bank management.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Reconcile a bank account
Why this is correct
Bank reconciliation is a key cash management action.
- ✓
Forecast cash flow
Why this is correct
Cash flow forecasting is part of cash management.
- ✓
Import bank statements
Why this is correct
Bank statement import is essential for reconciliation.
- ✗
Reverse a check
Why it's wrong here
Check reversal is not a standard cash management action.
- ✗
Process credit card payments
Why it's wrong here
Credit card processing is in accounts receivable.
Go deeper
Related to this question
About these practice questions
This MB-920 question is part of Courseiva's 930-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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.