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 Fees: $99 USD
- 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 exam updates and topics as of December 20, 2022 -
Domain 1 - Understand Dynamics 365 Supply Chain Management (25–30%)
1.1 Identify core capabilities
- Learn use cases and Supply Chain Management capabilities
- Learn available Supply Chain Management modules
- Learn options for integrating Supply Chain Management with other apps and technologies
1.2 Explain product management capabilities
- Learn products and release products
- Learn product masters
- Learn product variants
1.3 Explain purchase and sales capabilities
- Learn the process for creating vendors and purchase orders
- Learn the process for creating customers and sales orders
- Learn trade agreements and contracts
- Learn picking, packing, and reserving stock
1.3 Explain manufacturing strategies
- Learn lean, discrete, and process manufacturing
- Learn bills of materials (BOMs), routes, and operations as they relate to production orders
- Learn master planning
1.4 Explain inventory and warehousing capabilities
- Learn inventory journals
- Learn stock levels
- Learn on-hand inventory capabilities
- Learn warehouse components including locations
Domain 2 - Understand Dynamics 365 Finance (25–30%)
2.1 Explain Dynamics 365 Finance core capabilities
- Learn use cases for legal entities
- Learn how Dynamics 365 Finance handles regional tax reporting requirements
- Learn accounting concepts
- Learn journaling concepts
2.2 Explain general ledgers
- Learn charts of accounts including main accounts, balance sheets, and income statements
- Learn financial dimensions and dimension set concepts
- Learn periodic financial processes
2.3 Explain accounts payables and accounts receivables
- Learn core accounts payable components including vendors, purchase orders, and vendor invoices
- Learn vendor payments and settlements including three-way matching concepts
- Learn core accounts receivable components including customers, customer invoices, and free text invoices
- Learn credit and collection processes
2.4 Explain expense management, fixed asset management, and budgeting
- Learn cash and bank management concepts
- Learn expense management capabilities
- Learn fixed asset management capabilities
- Learn budgeting capabilities
Domain 3 - Describe Dynamics 365 Commerce (5–10%)
3.1 Explain Dynamics 365 Commerce core capabilities
- Learn retail channels including retail, online, and call center channels
- Learn channel management concepts
- Learn Distributed Order Management (DOM)
- Learn product assortments
3.2 Explain product management capabilities
- Learn customer loyalty concepts
- Learn how Dynamics 365 Commerce helps create personalized customer experiences and provide product recommendations
- Learn how Dynamics 365 Commerce uses Dynamics 365 Customer Insights
- Learn how Dynamics 365 Fraud Protection reduces fraudulent activities in the system
Domain 4 - Describe Dynamics 365 Human Resources (10–15%)
4.1 Explain core capabilities
- Learn workers and positions
- Learn compensation and benefits capabilities
- Learn compliance features
- Learn performance management capabilities
4.2 Explain personnel management capabilities
- Learn self-service capabilities
- Learn leave and absence capabilities
- Learn employee training and certification features
- Learn to identify integration options between Dynamics 365 Human Resources and LinkedIn
Domain 5 - Describe Project Operations (5–10%)
5.1 Identify Project Operations capabilities
- Learn project-based services and project types
- Learn project sales capabilities
- Learn project contract capabilities
- Learn project pricing capabilities
- Learn the project lifecycle including project invoicing and revenue recognition
5.2 Explain project planning and execution capabilities
- Learn project planning, execution, and analysis capabilities
- Learn work breakdown structures
- Learn to identify project features including contracts, stages, team assignments, and fixed price versus time and material estimates versus retainer contracts
- Learn project team management capabilities including allocation methods, resource scheduling, and skills
- Learn project schedule management capabilities including tasks, subtasks, assignments, and project plan management
- Learn project cost tracking capabilities including time and expense costs
Domain 6 - Describe shared features (10–15%)
6.1 Explain reporting capabilities
- Learn built-in reporting capabilities including workspaces
- Learn options for working with Finance data from within Microsoft Excel
- Learn options for analyzing data by using Power BI
6.2 Explain integration options
- Learn Microsoft Teams integration capabilities
- Learn use cases for integrating with Microsoft Excel and Microsoft Word
- Learn options for managing documents by using SharePoint Online
- Learn email integration capabilities
- Learn Microsoft Dataverse integration capabilities
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
