MCQ Practice Single Best Answer Topic: Exam MB-920: Microsoft Dynamics 365 Fundamentals (ERP) MCQ

Q

A company uses Dynamics 365 Finance.

The company enters into a business contract with another company that is registered with the United States Stock Exchange. You must validate the company.

You need to enter the company into the system.

Where should you enter the information?

Question ID
#24327
Subchapter
Exam MB-920: Microsoft Dynamics 365 Fundamentals (ERP) MCQ
Action
Choose one option below

Choose Your Answer

Click an option to check whether your answer is correct.

  • A Legal entity
  • B Workflow system
  • C Organizational hierarchies
  • D Operating unit
Correct Answer: A

Explanation

This item tests the candidate’s knowledge of Dynamics 365 Finance core capabilities. Creating legal entities is a core function of Dynamics 365 Finance.

The legal entity is an organization that is identified through registration with a legal authority. The workflow system provides functionality that you can use to create individual workflows or business processes. Organizational hierarchies represent the relationships between the organizations that make up a business. An operating unit is an organization that is used to divide the control of economic resources and operational processes in a business.

Create a legal entity - Training | Microsoft Learn

Create a legal entity - Finance & Operations | Dynamics 365 | Microsoft Learn

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