MB-920 Describe Dynamics 365 Finance Practice Question
Your organization uses Dynamics 365 Finance and wants to automate the reconciliation of bank transactions with general ledger entries. The bank sends a monthly statement in CSV format. What is the recommended approach?
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
✓
Use the bank reconciliation workspace to import the CSV and match transactions.
The bank reconciliation module imports bank statements and automates matching. Option B is wrong because the general journal is for manual entries. Option C is wrong because the cash and bank management module is broader but the specific feature is bank reconciliation. Option D is wrong because data import/export is a utility, not a reconciliation tool.
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 the bank reconciliation workspace to import the CSV and match transactions.
Why this is correct
Bank reconciliation workspace is designed for this purpose.
- ✗
Manually post the bank statement lines as general journal entries.
Why it's wrong here
Manual posting is error-prone and not automated.
- ✗
Set up the cash and bank management module to automatically reconcile.
Why it's wrong here
Cash and bank management includes bank reconciliation, but the workspace is the specific tool.
- ✗
Use the data management framework to import the CSV and create a custom reconciliation process.
Why it's wrong here
Data management imports data but does not reconcile.
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.