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

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Total 134 questions

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

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Question 1

A company implements Dynamics 365 Supply Chain Management. The company uses external vendors to produce some parts.

You need to recommend actions to manage vendor operations.

Which three actions should you recommend? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

Update the status of production order operations that are subcontracted to Completed when the vendor's work is done.

B.

Create an operation for the subcontractor to track the progress of the vendor's work.

C.

Assign each operation in a production order to multiple vendors.

D.

Ensure that each production order relates to a single vendor.

E.

Automatically generate purchase orders for operations that you subcontract to a vendor.

Question 2

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 3

A company plans to use Dynamics 365 Supply Chain Management. Match each inventory management function/technique to its use case.

To answer, drag the appropriate inventory management function/technique from the column on the left to its use case on the right. Each inventory management function/technique may be used once, more than once, or not at all.

NOTE: Each correct match is worth one point.

Options:

Question 4

A multinational company is implementing Dynamics 365 Finance.

You need to set up Dynamics 365 Finance for the company.

Select the answer that correctly completes the sentence.

Options:

Question 5

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 6

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 7

A company is evaluating the use of workflows in Dynamics 365 Supply Chain Management.

You need to recommend the process documents that can use workflows.

Which two process documents can you recommend? Each correct answer presents a complete solution. Choose two.

NOTE: Each correct selection is worth one point.

Options:

A.

Purchase requisitions

B.

Purchase receipt

C.

Purchase orders

D.

Request for quote

Question 8

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 9

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 10

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.

Options:

Question 11

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 12

A company implements Dynamics 365 Project Operations for the sales quotation process.

A qualified lead requests a quotation for services.

Which records are used for this stage of the sales process? To answer, select the appropriate option in the answer area.

Options:

Question 13

A company uses Dynamics 365 Finance to manage financial operations.

The financial controller needs to present key performance indicators (KPIs) to the executive committee.

You need to determine the appropriate reporting tool to present this information.

Which reporting option should you use?

Options:

A.

Business documents

B.

Analytical workspace tab

C.

Electronic reporting

D.

Operational views

Question 14

A company implements Dynamics 365 Supply Chain Management. The company plans to use maintenance work orders.

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 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 16

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 17

A company wants to use sales, resourcing, project management, and expense tracking in a single application. What should the company implement?

Options:

A.

Dynamics 365 Project Operations

B.

Dynamics 365 Finance

C.

Dynamics 365 Business Central

D.

Dynamics 365 Human Resources

Question 18

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 19

A manufacturer uses Dynamics 365 Human Resources and Microsoft HoloLens to augment manufacturing tasks.

The company promotes five employees to a newly created position named quality assurance manager.

You need to use Dynamics 365 functionality to facilitate self-education and apply continuous improvement to the process.

What should you implement? To answer, drag the appropriate features to the correct requirements. 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 20

A company plans to implement Dynamics 365 Human Resources.

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 21

A company is implementing Dynamics 365 Finance.

The company must create the structure that provides a breakdown by subcategories of all the company financial transactions by accounting period. Only one structure is requited per legal entity.

You need to configure the structure.

What should you use?

Options:

A.

chart of accounts

B.

general journal

C.

ledger

D.

company

Question 22

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 23

A company plans to implement Dynamics 365 Project Operations. You need to recommend a capability that meets each requirement.

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

NOTE: Each correct selection is worth one point.

Options:

Question 24

A retailer sells products by using an e-commerce site, brick and mortar stores, and phone sales. Different processes are used for each type of order source.

You need to ensure that you can support each type of sale. What should you recommend?

Options:

A.

case management and loyalty programs

B.

a mobile app and online sales

C.

a retail store, an online store, and a call center

D.

a mobile app and a credit card gateway

Question 25

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 26

A company uses Dynamics 365 Supply Chain Management for its inventory management operations.

The company plans to use the on-hand mobile workspace to view available inventory. You need to identify the viewable on-hand inventory levels.

At which three levels can you view on-hand inventory? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options:

A.

warehouse

B.

pallet

C.

location

D.

aisle

E.

site

Question 27

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 28

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 29

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 30

A company plans to implement Dynamics 365 Supply Chain Management. Match each manufacturing strategy to its definition.

To answer, drag the appropriate manufacturing strategy from the column on the left to its definition on the right. Each manufacturing strategy may be used once, more than once, or not at all.

NOTE: Each correct selection is worth one point.

Options:

Question 31

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 32

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 33

A company plans to use 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 34

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

Options:

Question 35

A company is evaluating Dynamics 365 Supply Chain Management.

You need to identify the available modules in Supply Chain Management.

Which two modules can you identify? Each correct answer presents a complete solution. Choose two.

NOTE: Each correct selection is worth one point.

Options:

A.

Time and attendance

B.

Inventory management

C.

Fixed assets

D.

Procurement and sourcing

E.

Cash and bank management

Question 36

A company uses Dynamics 365 Supply Chain Management for warehousing operations

Users need to aggregate and manage inventory across multiple warehouses.

Which feature should users configure? To answer, select the appropriate option in the answer area.

Options:

Question 37

A retailer plans to award its customers based on the amount of money they spend. The retailer has not previously offered a customer reward program.

You need to recommend a method for tracking customer spending.

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

NOTE: Each correct selection is worth one point.

Hot Area:

Options:

Question 38

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 39

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 40

A company uses Dynamics 365 Supply Chain Management.

You need to recommend costing methods for the company.

What should you recommend? To answer, drag the appropriate costing methods to the correct scenarios. Each costing method 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:

Page: 1 / 13
Total 134 questions