MB-920 Describe Dynamics 365 Finance Practice Question
You are a Dynamics 365 Finance consultant for a startup that needs to manage its financial operations. The company has a small accounting team and wants to automate bank reconciliation. They use multiple bank accounts and receive electronic bank statements in CSV format. Requirements: 1) Automatically import bank statements. 2) Match transactions automatically. 3) Use standard Dynamics 365 Finance features. Which configuration should you implement?
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
✓
Configure a bank statement import source and define matching rules for automatic reconciliation.
Setting up bank statement import and automatic matching rules in the Cash and bank management module automates reconciliation. Option B is correct.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Create a data entity to import bank statements and use Excel to reconcile.
Why it's wrong here
Excel reconciliation is manual.
- ✓
Configure a bank statement import source and define matching rules for automatic reconciliation.
Why this is correct
Automatic matching rules reconcile transactions without manual effort.
- ✗
Use the 'Advanced bank reconciliation' feature with manual matching.
Why it's wrong here
Manual matching does not meet automation requirement.
- ✗
Enable the 'Bank reconciliation' workspace and manually enter statement lines.
Why it's wrong here
Manual entry is not automated.
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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.