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Microsoft MB-920 Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) Exam Practice Test

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Total 146 questions

Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) Questions and Answers

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Question 1

A company is implementing Dynamics 36S Commerce for retail operations and Dynamics 36S Supply Chain Management for warehousing and financial operations. You need to import small groups of new customers and edit existing customers. Which two tools should you use? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Data upgrade tool

B.

Data management workspace

C.

Microsoft Dynamics Office add-in for Microsoft Excel

D.

Microsoft Dynamics Office add-in for Microsoft Word

Question 2

A retail store uses a point of sale (POS) system to process customer sales. A customer selects several items for purchase.

The customer wants to come back to pay for the items later the same day.

You need to recommend a process to support the customer request.

What should you recommend? To answer, drag the appropriate actions to the correct requirements. Each action may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 3

A recruitment company is implementing Dynamics 365 Finance. The company hires service providers from local and foreign consulting firms to fulfill local staffing demands.

Services that are rendered locally are taxed at different rates based on regional laws. Goods and services purchased from foreign companies are exempt.

The company requires tax code groups to comply with reporting requirements.

You need to set up the tax code groups.

What should you configure? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 4

A company plans to implement Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 5

A company uses Dynamics 365 Finance.

You need to explain the settlement process.

Which two statements describe the capabilities of the Cash and bank management module? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Settlement can occur between any transaction types that affect the vendor balance or customer balance.

B.

Payments can be settled against a transaction in the same legal entity only.

C.

Settlement occurs for the customer and vendor invoices and their payments.

D.

Payments are only settled after they are posted.

Question 6

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 7

A company uses Dynamics 365 Finance.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 8

A company implements Dynamics 365 Finance.

You need to recommend features that the company can use for integrated reporting scenarios.

Which feature should you recommend? To answer, drag the appropriate features to the correct scenarios. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 9

A company plans to implement enterprise asset management by using Dynamics 365 Supply Chain Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 10

A company plans to implement Dynamics 365 Supply Chain Management. You need to recommend manufacturing process types for the company.

What should you recommend? To answer, drag the appropriate manufacturing process types to the correct scenarios. Each manufacturing process type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 11

A company plans to use Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 12

A company implements Dynamics 365 Finance.

The company needs to improve its reporting capabilities.

The reports must be near-real-time and provide interactive capabilities.

You need to recommend an integration that will meet the requirements.

Which tool should you recommend?

Options:

A.

Business documents

B.

Electronic reporting

C.

Microsoft Power Bl Embedded

D.

Microsoft Excel

Question 13

A company plans to implement Dynamics 365 Supply Chain Management.

Which three actions can vendors perform? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Change the inventory cost of items.

B.

Submit invoices electronically.

C.

Create transfer orders.

D.

Approve purchase orders.

E.

Respond to a request for quote (RFQ).

Question 14

You are evaluating expense management capabilities in Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 15

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 16

A company is evaluating the functionality of Dynamics 365 finance and operations apps.

The company wants to display multiple master data records to add, delete, and update the data.

You need to recommend the type of form to use to display the master data.

Which form type should you recommend?

Options:

A.

list

B.

FastTab

C.

parameters

D.

details

Question 17

A company is using Dynamics 365 Project Operations for a project implementation.

An internal project is being funded by three different organizations. The project billing should be standardized.

You need to implement functionality to split the invoicing of the project.

Which Project component should you use?

Options:

A.

Contracts

B.

Invoicing

C.

Budgets

D.

Subcontracts

E.

Expenses

Question 18

A company manufactures custom medications.

You need to recommend a Dynamics 365 app that allows the company to manage the concentration of specific active ingredients, provide traceability of ingredients from supplier to customer, and substitute ingredients based on compound type.

What should you recommend?

Options:

A.

Dynamics 365 Supply Chain Management

B.

Dynamics 365 Product Insights

C.

Dynamics 365 Customer Service

D.

Dynamics 365 Asset Management

Question 19

A company implements Dynamics 365 Finance.

You need to recommend a way for the company to view overdue balances for a group of customers at a point in time.

What should you recommend? To answer, select the appropriate option in the answer area.

Options:

Question 20

A company plans to implement Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Hot Area:

Options:

Question 21

For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Options:

Question 22

A company uses Dynamics 36S Commerce. The company is launching a new product line for select stores.

The company wants to ensure that stores participating in the launch receive the new products. Stores that are not participating in the launch must not be able to order the products.

You need to recommend a method to help the company launch the new product hne.

What should you recommend?

Options:

A.

Define products for distribution using product assortment.

B.

Define products for distribution using security roles.

C.

Control product distribution using purchase agreement.

D.

Control product distribution using trade agreement.

Question 23

A company uses Dynamics 365 Supply Chain Management. The company plans to implement Asset Management.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 24

A company plans to implement Dynamics 365 Human Resources. You need to describe the capabilities of the app to the company’s human resource manager.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 25

A company is using Dynamics 365 Finance to manage its customers.

A customer is past due on several invoices. Late fees and penalties are applied to the customer account based on the number of days late. Due to the past due payments and fees, the amount of product the customer can purchase before receiving a payment is reduced.

If all invoices are paid in full, the company will waive all late fees and increase the amount of product the customer can purchase before receiving a payment.

You need to identify the modules to use for the requirements.

Which modules should you use? To answer, drag the appropriate modules to the correct actions. Each module may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each collect selection Is worth one point.

Options:

Question 26

A company implements Dynamics 365 Supply Chain Management. The company uses Microsoft SharePoint Online for document management. For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Options:

Question 27

A company plans to implement Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 28

A company creates a project plan in Dynamics 365 Project Operations.

The project plan must allow a project manager to:

• Track profitability,

• Collaborate on the work to be performed, and

• Allocate people to perform tasks.

You need to identify the project derivatives that the project plan must track.

Which three major project derivatives should the plan track? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

resourcing

B.

schedule updates

C.

invoicing

D.

cost

Question 29

A company plans to implement a manufacturing solution that includes integrated rate shipping costs for distribution.

You need to recommend a product to the company. What should you recommend?

Options:

A.

Dynamics 365 Sales

B.

Dynamics 365 Field Service

C.

Dynamics 365 Commerce

D.

Dynamics 365 Supply Chain Management

Question 30

A company uses Dynamics 365 Commerce.

The company needs to schedule several base Dynamics 365 Commerce reports.

The reports must print statistics about inventory sales from the previous week every Sunday night to a physical printer.

You need to identify the right tool.

Which tool should you use?

Options:

A.

Management Reporter

B.

Chart controls

C.

Power Bi

D.

Microsoft Excel

E.

Microsoft SQL Server Reporting Services (SSR5)

Question 31

A company uses Dynamics 365 Commerce.

You need to suggest point of sale (POS) options with offline capabilities for the company’s retail locations.

Which POS options have offline capabilities? To answer, select the appropriate options in the answer area.

NOTE: Each correct selection is worth one point.

Options:

Question 32

A company plans to implement enterprise asset management. You need to recommend solutions for the company.

What should you recommend? To answer, drag the appropriate solutions to the correct requirements. Each solution may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 33

A company implements Dynamics 365 Project Operations.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 34

For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point

Options:

Question 35

A company implements Dynamics 365 Finance.

You need to recommend which account types the company should use for main accounts.

What should you recommend?

To answer, drag the appropriate general ledger elements to the correct accounts. Each element may be used once, more than once, or not at all.

You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 36

A company uses Dynamics 365 Finance.

Instructions: For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Hot Area:

Options:

Question 37

A company manufactures and sells chairs. The company uses Dynamics 365 Finance and Dynamics 365 Supply Chain Management for finance and manufacturing operations.

You need to determine which module to use for each operational need.

Which module should you use? To answer, drag the appropriate modules to the correct scenarios. Each module may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 38

A company uses Dynamics 36S Finance.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 39

A company uses Dynamics 36S Supply Chain Management to manage production facility assets.

A shop floor worker reports that a heating element in a hot water heater has stopped working and needs to be replaced.

The shop floor manager recommends that all water heaters be checked for signs of failure.

You need to check and replace any failing heating elements in the facility.

What should you use? To answer, drag the appropriate concepts to the correct descriptions. Each concept may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.

Options:

Question 40

An organization has two legal entities. Items may be sold by one company only or by both companies. You need to recommend a solution to standardize the items across the legal entities.

What should you recommend?

Options:

A.

Lifecycle Services

B.

Item templates

C.

Products and product masters

D.

Product Insights

Question 41

A company is evaluating Dynamics 365 Supply Chain Management for purchasing control of non-buyers.

You need to recommend the functionality used to authorize purchasing.

Which functionality should you recommend?

Options:

A.

Purchase receipt

B.

Purchase invoice

C.

Request for quotation

D.

Purchase requisition

Question 42

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

NOTE: Each correct selection is worth one point.

Options:

Question 43

An international hotel company implements Dynamics 365 Finance.

You need to help the hotel company identify email integration capabilities.

What are two valid use cases for sharing Dynamics 365 Finance documents with customers by using email integration? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

The company sends statements to customers based on request.

B.

Customers negotiate prices for hotel reservations with company agents by using their personal email addresses.

C.

A customer registers a complaint online regarding their stay at any of the company's hotels.

D.

The company emails invoices to customers after their hotel stay.

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Total 146 questions