Microsoft Practice Test MB-920: Microsoft Dynamics 365 Fundamentals (ERP)

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The MB-920 practice test trains you in the core capabilities and features of Microsoft 365 Dynamics finance and operations apps.

Why should I take the MB-920 exam?

The MB-920 certification allows you to give your career a boost and get certified in your knowledge of the core features and capabilities of the enterprise resource planning (ERP) capabilities of Microsoft Dynamics 365. Specifically, this includes understanding the core functionality of finance and operations apps such as Dynamics 365 Finance, Dynamics 365 Supply Chain Management, Dynamics 365 Commerce, and Dynamics 365 Human Resources. If you are fairly new to Microsoft 365 Dynamics, the MB-920 certification would be a good fit for you to certify your knowledge of the fundamentals of its finance and operations apps and how they fit into the overall Microsoft ecosystem.

The MB-920 practice test includes two different modes: certification and practice mode. Certification mode allows you to assess your knowledge and discover your weak areas, with practice mode allowing you to focus on the areas that need development.

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Questions: 129
Release Date: 07/2021 (Last Update: 07/2022)
Job Role: Business Owner, Business User, Functional Consultant, Student
Language: English

The MB-920 practice test contains 129 questions and covers the following objectives: 

Describe Dynamics 365 Supply Chain Management – 33 questions 

Identify core capabilities 

  • Describe use cases and Supply Chain Management capabilities 
  • Describe available Supply Chain Management modules
  • Describe options for integrating Supply Chain Management with other apps and technologies 

 

Describe product management capabilities 

  • Describe products and release products 
  • Describe product masters 
  • Describe product variants  

 

Describe purchase and sales capabilities 

  • Describe the process for creating vendors and purchase orders 
  • Describe the process for creating customers and sales orders 
  • Describe trade agreements and contracts 
  • Describe picking, packing, and reserving stock 

 

Describe manufacturing strategies 

  • Describe lean, discrete, and process manufacturing 
  • Describe bills of materials (BOMs), routes, and operations as they relate to production orders 
  • Describe master planning 

 

Describe inventory and warehousing capabilities 

  • Describe inventory journals 
  • Describe stock breakdowns 
  • Describe on-hand lists 
  • Describe warehouse components including locations 

 

Describe Dynamics Finance – 32 questions 

Describe Dynamics 365 Finance core capabilities 

  • Describe use cases for legal entities 
  • Describe how Dynamics 365 Finance handles regional tax reporting requirements 
  • Describe accounting concepts 
  • Describe journaling concept 

 

Describe general ledgers 

  • Describe charts of accounts including main accounts, balance sheets, and income statements 
  • Describe financial dimensions and dimension set concepts 
  • Describe periodic financial processes  

 

Describe accounts payables and accounts receivables 

  • Describe core accounts payable components including vendors, purchase orders, and vendor invoices 
  • Describe vendor payments and settlements including three-way matching concepts 
  • Describe core accounts receivable components including customers, customer invoices, and free text invoices 
  • Describe credit and collection processes 

 

Describe expense management, fixed asset management and budgeting 

  • Describe cash and bank management concepts 
  • Describe expense management capabilities 
  • Describe fixed asset management capabilities 
  • Describe budgeting capabilities 

 

Describe Dynamics 365 Commerce – 12 questions 

Describe Dynamics 365 Dynamics 365 Commerce capabilities 

  • Describe retail channels including call centers, Cloud Point-Of-Sale (CPOS), and Modern Point-Of-Sale (MPOS) 
  • Describe channel management concepts 
  • Describe Distributed Order Management (DOM) 
  • Describe product assortments 

 

Describe product management capabilities 

  • Describe customer loyalty concepts  
  • Describe how Dynamics 365 Commerce helps create personalized customer experiences and provide product recommendations 
  • Describe how Dynamics 365 Commerce uses Retail Analytics to provide centralized retail data management 

 

Describe Dynamics 365 Human Resources – 16 questions 

Describe core capabilities 

  • Describe workers and positions 
  • Describe compensation and benefits capabilities 
  • Describe compliance features 
  • Describe performance management capabilities 

 

Describe personnel management capabilities 

  • Describe self-service capabilities 
  • Describe leave and absence capabilities 
  • Describe employee training and certification features 
  • Identify integration options between Dynamics 365 Human Resources and LinkedIn 

 

Describe Project Operations – 21 questions 

Identify Project Operations capabilities 

  • Describe project-based services and project types 
  • Describe project sales capabilities 
  • Describe project contract capabilities
  • Describe project pricing capabilities 
  • Describe the project lifecycle including project invoicing and revenue recognition 

 

Describe project planning and execution capabilities 

  • Describe project planning, execution, and analysis capabilities
  • Describe work breakdown structures
  • Identify project features including contracts, stages, team assignments, and fixed price versus time and material estimates versus retainer contracts 
  • Describe project team management capabilities including allocation methods, resource scheduling, and skills 
  • Describe project schedule management capabilities including tasks, subtasks, assignments, and project plan management 
  • Describe project cost tracking capabilities including time and expense costs 

 

Describe shared features – 15 questions 

Describe reporting capabilities 

  • Describe built-in reporting capabilities including workspaces  
  • Describe options for working with Finance data from within Microsoft Excel 
  • Describe options for analyzing data by using Power BI 

 

Describe integration options 

  • Describe Microsoft Teams integration capabilities 
  • Describe use cases for integrating with Microsoft Excel and Microsoft Word 
  • Describe options for managing documents by using SharePoint Online 
  • Describe email integration capabilities 

 

Notes: 

  • The bullets that follow each of the skills measured are intended to illustrate how we are assessing that skill. Related topics may be covered in the exam. 
  • Most questions cover features that are general availability (GA). The exam may contain questions on Preview features if those features are commonly used.

 

 

System Requirements

A practice test is an informal exam that simulates the real test and enhances your preparation in terms of what to expect on the real exam. A MeasureUp practice test contains around 150 questions covering the exam objective domains. In a MeasureUp practice test there are two specific test modes to prepare students for their certification:Certification Mode and Practice Mode.

  • The Practice Mode permits learners to highly customize their testing environment. They may select how many questions they want to include in their assessment, the maximum test completion time, the possibility to randomize the question order, and how and which questions will be shown in the test.
  • The Certification Mode simulates the actual testing environment users will encounter when taking their certification exam. They are timed assessments and do not allow users to request the answers and explanations to questions until after the test.

 

How does it work?

Why not take a look at our video to see exactly how MeasureUp’s practice tests work? 

 

 

Why should you trust MeasureUp over free Learning material?

MeasureUp Free learning material
  • A greater number of questions, so more potential for learning.
  • A small number of questions to introduce the exam.
  • Detailed explanations with online references of correct and incorrect answer choices.
  • Brief or no explanations of both correct and incorrect answer options.
  • A total of fourteen different question types.
  • Limited question types compared to the exam.
  • Customize the test based on your needs. Certification & Practice Mode.
  • Just a single type of assessment, without customization options and without a time countdown.

 

Will studying with a MeasureUp practice test improve my chances of passing at the first attempt?

Yes. MeasureUp's practice tests have been specially designed to help you both save time and pass at the first attempt. The test is fully customizable, allowing you to discover and focus on your weak areas. This makes the learning process quicker and smoother. Also, as the style, objectives, question type, and difficulty are the same as those found on the official exam, you can be sure that when you pass the practice test twice in Certification Mode, you are exam ready.

 

What can I expect to earn if I pass the MB-920 exam?

On passing the MB-920, and obtaining a job as a junior business analyst, you can expect to earn a salary in the United States of approximately $80,000.

Source: Nigel Franks International.

Continue growing with MeasureUp’s learning material. Explore the Business applications learning path. 

 

greenArrowFundamentals 

TickMB-920: Microsoft Dynamics 365 Fundamentals (ERP) 

TickPL-900: Microsoft Power Platform Fundamentals 

 

OrangeArrowRole-based 

TickMB-210: Microsoft Dynamics 365 Sales Functional Consultant 

TickMB-220: Microsoft Dynamics 365 Marketing Functional Consultant 

TickMB-230: Microsoft Dynamics 365 Customer Service Functional Consultant 

TickMB-240: Microsoft Dynamics 365 Field Service Functional Consultant 

TickMB-300: Microsoft Dynamics 365: Core Finance and Operations

TickMB-310: Microsoft Dynamics 365 Finance Functional Consultant

CubeBundle (MB-300 + MB-310): Microsoft Certified Dynamics 365 Finance Functional Consultant Associate

TickMB-330: Microsoft Dynamics 365 Supply Chain Management Functional Consultant

CubeBundle (MB-300 + MB-330): Microsoft Dynamics 365 Supply Chain Management Functional Consultant Associate

TickMB-500: Microsoft Dynamics 365 Finance and Operations Apps Developer

TickMB-700: Microsoft Dynamics 365 Finance and Operations Apps Solution Architect

TickMB-800: Microsoft Dynamics 365 Business Central Functional Consultant 

TickPL-100: Microsoft Power Platform App Maker

TickPL-200: Microsoft Power Platform Functional Consultant

TickPL-300: Microsoft Power BI Data Analyst

TickPL-400: Microsoft Power Platform Developer 

TickPL-500: Microsoft Power Automate RPA Developer 

TickPL-600: Microsoft Power Platform Solution Architect

CubeBundle (PL-200 + PL-600): Power Platform Expert

CubeBundle (PL-400 + PL-600): Power Platform Dev and Architect

 

redArrowSpecialty 

TickMB-260: Microsoft Customer Data Platform Specialist 

 

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MB-920 PRACTICE TEST 

Why should you use our MB-920 practice test? 

The MB-920 practice test is the most realistic simulation of the actual certification exam on the market, giving you the perfect opportunity to pass the official MB-920 exam first time. With MeasureUp's Test Pass Guarantee, you can be sure of success as we will issue you a full refund if you do not pass. The MB-920 practice test has been created by leading experts in the field of configuring Business Central in Microsoft Dynamics 365.

 

Why should you trust MB-920 Practice Test from MeasureUp over free learning material? 

The MeasureUp MB-920 practice test has many advantages over free learning material, including: 

  • A higher number of questions, so more opportunities to learn. 
  • Detailed explanations with online references of correct and incorrect answers. 
  • A total of fourteen different question types, recreating the real exam’s look and feel.
  • Customizable based on your needs. Certification & Practice Modes. 
  • Test Pass Guarantee. 
  • Written, reviewed, and edited by experts. 

 

How to use the MB-920 Practice Test? 

You can use the MB-920 practice test in either certification or practice mode. Certification mode gives you the ability to evaluate your knowledge and discover your weaker areas, and practice mode allows you to focus on these areas, thereby making sure you spend your time effectively. First, we recommend you take the MB-920 practice test in certification mode. By analyzing the generated report on completing the test, you will get a helpful breakdown of which areas require further attention. You should then take the test in practice mode in order to develop those areas. Once you are confident you have improved your knowledge in these areas, you can re-take the test in certification mode and, on passing twice in a row with a score of 90%, you know you are exam ready!

 

MB-920 CERTIFICATION EXAM 

What is the MB-920?  

The MB-920 certification exam examines your knowledge of the core features and capabilities of Microsoft 365 Dynamics finance and operations apps. 

 

How difficult is the MB-920? 

The MB-920 exam is at the Fundamentals level of difficulty, and therefore does not require you to have hands-on experience and is aimed at validating foundational knowledge of the topic.

 

How can I pass the MB-920 certification exam? 

  • Review the MB-920 exam domains carefully. 
  • Create a study plan for your preparation. 
  • Enroll for the MeasureUp practice tests. Our practice tests simulate the actual exam in terms of style, format, skill sets, question structure, and level of difficulty, and can be taken in two different formats: practice mode and certification mode. 
  • Practice, practice, practice! When you have looked at all the questions available in the MB-920 practice test, checking the correct answers, reviewing the explanations regarding all the different answer options, and consulting the carefully chosen references, it is now time to use the test’s Certification Mode. This is the closest experience you’ll get to the actual exam. And when you pass the Certification Mode twice consecutively with a score of 90% or more, you know you are… Exam ready!

 

How many questions does MB-920 have? 

There will be approximately 40 questions on the MB-920 exam.

 

Is MB-920 worth it? 

If you want to demonstrate your understanding of Microsoft 365 Dynamics finance and operations apps, as well as explore in more detail the enabling capability of these apps for your organization, then the MB-920 certification is the ideal certification for you.