Describe Dynamics 365 Finance →easyMultiple ChoiceObjective-mapped

MB-920 Period closing checklist Practice Question

Exhibit

Refer to the exhibit.

{
  "Process": "Period closing",
  "Tasks": [
    {"Name": "Generate vendor aging report", "Status": "Completed"},
    {"Name": "Post vendor invoices", "Status": "Pending"},
    {"Name": "Run currency revaluation", "Status": "Not started"}
  ]
}

You are reviewing the period closing checklist in Dynamics 365 Finance as shown in the exhibit. Which task must be completed before the period can be closed?

⚠ Common exam trap

The question tests understanding that not all checklist items are required for closure; only specific prerequisites like posting invoices are mandatory. Candidates often assume all tasks must be completed.

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

✓

Post vendor invoices

In Dynamics 365 Finance, the period closing checklist includes various tasks, but not all are mandatory for the period to be closed. The critical prerequisite is that all vendor invoices must be posted before the period close can be executed. Unposted invoices would prevent the closing process. Generating the vendor aging report or running currency revaluation are optional or can be done after closing. Therefore, posting vendor invoices is the task that must be completed.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

✗
Generate vendor aging report
Why it's wrong here
Generating reports is not a prerequisite for closing the period.
✗
All tasks must be completed
Why it's wrong here
Not all tasks are mandatory; some reports can be generated after closing.
✓
Post vendor invoices
Why this is correct
Unposted invoices must be posted before the period can be closed; otherwise, the closing will fail.
✗
Run currency revaluation
Why it's wrong here
Currency revaluation is typically run after period closing or as part of it, but not a strict prerequisite.

Go deeper

MB-920 Period closing checklist Practice Question

Exhibit

Why each option matters

Option-by-option breakdown

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