Question 164 of 966
Describe Dynamics 365 FinancemediumMultiple SelectObjective-mapped

Quick Answer

The correct answers are budget planning and credit and collections management, as both are core features of Dynamics 365 Finance. Budget planning allows organizations to create, manage, and analyze budgets directly within the financial module, enabling proactive financial control and forecasting. Credit and collections management, part of accounts receivable, helps businesses monitor customer credit limits, manage payment terms, and streamline collection processes to reduce risk. On the MB-920 exam, this question tests your ability to distinguish between Dynamics 365 Finance features and those belonging to other Dynamics 365 apps, such as Power Platform, Supply Chain Management, or Commerce. A common trap is confusing supply chain features like vendor collaboration with finance, or assuming commerce capabilities like omnichannel management are part of finance. To remember, think of Finance as handling money in and money out: budget planning controls future spending, while credit and collections manages incoming cash from customers.

MB-920 Describe Dynamics 365 Finance Practice Question

This MB-920 practice question tests your understanding of describe dynamics 365 finance. Read the scenario carefully and evaluate each option against the stated constraints before committing to an answer. 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.

Which TWO of the following are features of Dynamics 365 Finance?

Question 1mediummulti select
Full question →

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

Credit and collections management

Options A and C are correct. A: Budget planning is a core feature. C: Credit and collections management is part of accounts receivable. Options B, D, and E are incorrect: B is a Power Platform feature, D is a supply chain feature, E is a commerce feature.

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.

  • Power BI dashboards

    Why it's wrong here

    Power BI is a separate Microsoft product, not a built-in feature of Finance.

  • Credit and collections management

    Why this is correct

    Credit and collections management is part of Accounts receivable in Finance.

    Related concept

    Read the scenario before looking for a memorised answer.

  • Warehouse management

    Why it's wrong here

    Warehouse management is part of Dynamics 365 Supply Chain Management.

  • Budget planning

    Why this is correct

    Budget planning is a feature of Dynamics 365 Finance.

    Related concept

    Read the scenario before looking for a memorised answer.

  • Omnichannel order management

    Why it's wrong here

    Omnichannel order management is part of Dynamics 365 Commerce.

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.

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.

Related practice questions

Related MB-920 practice-question pages

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FAQ

Questions learners often ask

What does this MB-920 question test?

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: Credit and collections management — Options A and C are correct. A: Budget planning is a core feature. C: Credit and collections management is part of accounts receivable. Options B, D, and E are incorrect: B is a Power Platform feature, D is a supply chain feature, E is a commerce feature.

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.

About these practice questions

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Same concept, more angles

2 more ways this is tested on MB-920

These questions test the same concept from different angles. Work through them to make sure you can recognise it however the exam phrases it.

Variation 1. Which TWO are key features of Dynamics 365 Finance?

easy
  • A.Human resources
  • B.Inventory management
  • C.Customer relationship management
  • D.Financial reporting
  • E.Budgeting

Why D: Correct: Financial reporting and Budgeting are core features. Option C is wrong because Customer relationship management is in Dynamics 365 Sales. Option D is wrong because Inventory management is part of Supply Chain Management. Option E is wrong because Human resources is in Dynamics 365 Human Resources.

Variation 2. Which TWO of the following are valid modules in Dynamics 365 Finance? (Select two.)

medium
  • A.Accounts payable
  • B.Customer relationship management
  • C.Budgeting
  • D.Project management
  • E.Power Apps

Why A: Accounts payable and Budgeting are core modules in Dynamics 365 Finance. Option C is a system, not a module. Option D is a Power Platform component. Option E is not a standard module.

Last reviewed: Jun 21, 2026

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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.