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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Release Date: 07/2021 (Last Update: 07/2024)
Job Role: Business Owner, Business User, Functional Consultant, Student
Language: English
The MB-920 practice test contains 104 questions and covers the following objectives:
Describe Dynamics 365 Supply Chain Management - 35 questions
Describe Supply Chain Management core capabilities
- Describe use cases of Supply Chain Management
- Describe products and released products
- Describe product master records, product variants, and product dimensions
- Describe pricing and discounts in relation to trade agreements
- Describe intercompany capabilities
Describe the manufacturing process
- Describe lean, discrete, and process manufacturing
- Describe manufacturing strategies
- Describe bills of materials (BOMs), routes, and operations as they relate to production orders
- Identify the production lifecycle stages
- Describe shop floor management
- Describe master planning and planning optimization
Describe inventory and warehousing capabilities
- Describe costing methods
- Describe on-hand inventory capabilities
- Identify types of inventory journals
- Describe quality management capabilities
- Describe use cases for Warehouse Management Systems (WMS)
- Describe use cases for Transportation Management Systems (TMS)
- Describe use cases for landed cost
Describe the sales and procurement processes
- Describe the order-to-cash process
- Describe the sales order creation process
- Describe the fulfillment process, including inventory reservations and picking and packing
- Describe the procure-to-pay process
- Describe purchase requisitions
- Describe the purchase order creation process
- Describe purchase order receipts
Describe Dynamics 365 Finance -34 questions
Describe Finance core capabilities
- Describe use cases of Finance
- Describe organization and legal entities
- Describe reporting currency and accounting currency
- Describe tax capabilities
- Describe cost accounting concepts
Describe general ledgers
- Describe charts of accounts, including main accounts
- Describe the concept of a fiscal calendar
- Describe financial dimensions and dimension sets concepts
- Describe the accounting structure
- Describe journaling 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 management processes
- Describe the collection process
- Describe the concept of subscription billing
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 the core capabilities of the finance and operations apps - 35 questions
Describe the finance and operations apps
- Describe enterprise resource planning (ERP)
- Describe the business value of Commerce
- Describe the business value of Human Resources
- Describe the business value of Project Operations
- Describe finance and operations apps use cases
- Explore the finance and operations user interface
Describe reporting and integration capabilities
- Describe built-in reporting capabilities, including workspaces
- Describe options for analyzing data by using Power BI
- Describe Microsoft Office 365 integration capabilities, including Microsoft Excel, SharePoint, and Teams
- Describe Microsoft Power Platform integration options
Describe common features
- Describe security capabilities
- Describe workflow capabilities
- Describe the concept of batch jobs
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?
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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.
Fundamentals
MB-910: Microsoft Dynamics 365 Fundamentals (CRM)
MB-920: Microsoft Dynamics 365 Fundamentals (ERP)
PL-900: Microsoft Power Platform Fundamentals
Role-based
MB-210: Microsoft Dynamics 365 Sales Functional Consultant
MB-220: Microsoft Dynamics 365 Marketing Functional Consultant
MB-230: Microsoft Dynamics 365 Customer Service Functional Consultant
MB-240: Microsoft Dynamics 365 Field Service Functional Consultant
MB-310: Microsoft Dynamics 365 Finance Functional Consultant
MB-330: Microsoft Dynamics 365 Supply Chain Management Functional Consultant
MB-500: Microsoft Dynamics 365 Finance and Operations Apps Developer
MB-700: Microsoft Dynamics 365 Finance and Operations Apps Solution Architect
MB-800: Microsoft Dynamics 365 Business Central Functional Consultant
PL-200: Microsoft Power Platform Functional Consultant
PL-300: Microsoft Power BI Data Analyst
PL-400: Microsoft Power Platform Developer
PL-500: Microsoft Power Automate RPA Developer
PL-600: Microsoft Power Platform Solution Architect
Bundle (PL-200 + PL-600): Power Platform Expert
Bundle (PL-400 + PL-600): Power Platform Dev and Architect
Specialty
MB-260: Microsoft Customer Data Platform Specialist
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.
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