MB-920 Practice Question: Describe the core capabilities of the finance and operations apps
This MB-920 practice question tests your understanding of describe the core capabilities of the finance and operations apps. This is a configuration task: choose the command set that satisfies every stated requirement. Small differences — like 'secret' vs 'password' or 'transport input ssh' vs 'all' — change whether the answer is correct. 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.
You are a Dynamics 365 Finance consultant for a company that is implementing Dynamics 365 Finance. The company has a requirement to track expenses by project and by department. They plan to use financial dimensions. However, the finance team is unsure how to set up the dimensions to meet both reporting needs. They want to ensure that all transactions can be analyzed by both project and department. The company has 50 departments and 200 active projects. Which configuration should you recommend?
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Create separate financial dimensions for Project and Department. Assign both dimensions to all transactions.
Option C is correct because financial dimensions in Dynamics 365 Finance are designed to track multiple analytical categories independently. By creating separate dimensions for Project and Department and assigning both to all transactions, the company can report on expenses by either dimension or a combination of both, meeting the requirement without forcing a hierarchical or concatenated structure.
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.
✗
Use default dimensions on legal entity and override on each transaction.
Why it's wrong here
Default dimensions can be overridden but that adds complexity and is error-prone.
✗
Use account structures to embed department and project in the main account.
Why it's wrong here
Account structures are for chart of accounts, not for separate dimensions.
✓
Create separate financial dimensions for Project and Department. Assign both dimensions to all transactions.
Why this is correct
Two separate dimensions allow independent reporting on both project and department.
Related concept
Read the scenario before looking for a memorised answer.
✗
Create one financial dimension that combines project and department as a single value.
Why it's wrong here
A single dimension would not allow separate analysis by project and department.
Common exam traps
Common exam trap: answer the scenario, not the keyword
The trap here is that candidates often confuse financial dimensions with account structures, thinking that embedding dimensions into the main account is simpler, but they fail to realize that this creates an explosion of main accounts and loses the ability to analyze dimensions independently.
Detailed technical explanation
How to think about this question
Financial dimensions in Dynamics 365 Finance are stored as separate fields in the transaction tables (e.g., DimensionAttributeValueCombination), allowing independent filtering and aggregation. When both dimensions are assigned to all transactions, the system automatically populates the dimension values from the project and department records, and reporting tools like Financial Reporting or Power BI can slice data by either dimension without additional configuration. A real-world scenario is a construction company that needs to see both total project costs and departmental overhead; separate dimensions enable both views without data duplication.
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.
TExam Day Tips
→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 exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
Describe the core capabilities of the finance and operations apps — This question tests Describe the core capabilities of the finance and operations apps — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: Create separate financial dimensions for Project and Department. Assign both dimensions to all transactions. — Option C is correct because financial dimensions in Dynamics 365 Finance are designed to track multiple analytical categories independently. By creating separate dimensions for Project and Department and assigning both to all transactions, the company can report on expenses by either dimension or a combination of both, meeting the requirement without forcing a hierarchical or concatenated structure.
What should I do if I get this MB-920 question wrong?
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
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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