Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) MB-920 Practice Exam
Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) MB-920
About Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) MB-920 Exam
This Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) MB-920 exam measures your ability to describe the concepts including Dynamics 365 Supply Chain Management; Dynamics Finance; Dynamics 365 Commerce; Dynamics 365 Human Resources; Project Operations; and shared features. This exam covers the features and capabilities of Microsoft Dynamics 365 finance and operations apps.
Who should take the exam?
The candidates taking the MB-920 exam should have general knowledge of or relevant working experience in an Information Technology (IT) environment. They should also have a fundamental understanding of financial principles and business operations.
Exam Details
- Exam Name: Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP)
- Exam Code: MB-920
- Exam Duration: 60 minutes (Seat Time: 80 minutes)
- Exam Questions: 40-60 questions
- Passing Score: 700 (on a scale of 1-1000)
Course Outline
The Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) MB-920 Exam covers latest and updated exam topics -
Domain 1 - Understanding Dynamics 365 Supply Chain Management (35–40%)
1.1 Explain Supply Chain Management core capabilities
- Learn about use cases of Supply Chain Management
- Learn about products and released products
- Learn about product master records, product variants, and product dimensions
- Learn about pricing and discounts in relation to trade agreements
- Learn about intercompany capabilities
1.2 Explain the manufacturing process
- Learn about lean, discrete, and process manufacturing
- Learn about manufacturing strategies
- Learn about bills of materials (BOMs), routes, and operations as they relate to production orders
- Learn about Identifying the production lifecycle stages
- Learn about shop floor management
- Learn about master planning and planning optimization
1.3 Explain inventory and warehousing capabilities
- Learn about costing methods
- Learn about on-hand inventory capabilities
- Learn about identifying types of inventory journals
- Learn about quality management capabilities
- Learn about use cases for Warehouse Management Systems (WMS)
- Learn about use cases for Transportation Management Systems (TMS)
- Learn about use cases for landed cost
1.4 Explain the sales and procurement processes
- Learn about the order-to-cash process
- Learn about the sales order creation process
- Learn about the fulfillment process, including inventory reservations and picking and packing
- Learn about the procure-to-pay process
- Learn about purchase requisitions
- Learn about the purchase order creation process
- Learn about purchase order receipts
Domain 2 - Describe Dynamics 365 Finance (30–35%)
2.1 Explain Finance core capabilities
- Learn about use cases of Finance
- Learn about organization and legal entities
- Learn about reporting currency and accounting currency
- Learn about tax capabilities
- Learn about cost accounting concepts
2.2 Explain general ledgers
- Learn about charts of accounts, including main accounts
- Describe the concept of a fiscal calendar
- Learn about financial dimensions and dimension sets concepts
- Learn about the accounting structure
- Learn about journaling concepts
- Learn about periodic financial processes
2.3 Explain accounts payables and accounts receivables
- Learn about core accounts payable components, including vendors, purchase orders, and vendor invoices
- Learn about vendor payments and settlements, including three-way matching concepts
- Learn about core accounts receivable components, including customers, customer invoices, and free text invoices
- Learn about credit management processes
- Learn about the collection process
- Learn about the concept of subscription billing
2.4 Describe expense management, fixed asset management, and budgeting
- Learn about cash and bank management concepts
- Learn about expense management capabilities
- Learn about fixed asset management capabilities
- Learn about budgeting capabilities
Domain 3 - Describe the core capabilities of the finance and operations apps (25–30%)
3.1 Explain the finance and operations apps
- Learn about enterprise resource planning (ERP)
- Learn about the business value of Commerce
- Learn about the business value of Human Resources
- Learn about the business value of Project Operations
- Learn about finance and operations apps use cases
- Learn about the finance and operations user interface
3.2 Explain reporting and integration capabilities
- Learn about built-in reporting capabilities, including workspaces
- Learn about options for analyzing data by using Power BI
- Learn about Microsoft Office 365 integration capabilities, including Microsoft Excel, SharePoint, and Teams
- Learn about Microsoft Power Platform integration options
3.3 Explain common features
- Learn about security capabilities
- Learn about workflow capabilities
- Learn about the concept of batch jobs
What do we offer?
- Full-Length Mock Test with unique questions in each test set
- Practice objective questions with section-wise scores
- In-depth and exhaustive explanation for every question
- Reliable exam reports evaluating strengths and weaknesses
- Latest Questions with an updated version
- Tips & Tricks to crack the test
- Unlimited access
What are our Practice Exams?
- Practice exams have been designed by professionals and domain experts that simulate real-time exam scenario.
- Practice exam questions have been created on the basis of content outlined in the official documentation.
- Each set in the practice exam contains unique questions built with the intent to provide real-time experience to the candidates as well as gain more confidence during exam preparation.
- Practice exams help to self-evaluate against the exam content and work towards building strength to clear the exam.
- You can also create your own practice exam based on your choice and preference
