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

Q

A company implements Dynamics 365 Finance.

The company must create purchase orders, vendor invoices, and customer invoices.

You need to configure Dynamics 365 Finance modules for the company.

Which two modules should you configure? Each correct answer presents part of the solution.

Question ID
#24355
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 Accounts payable
  • B Accounts receivable
  • C Inventory management
  • D Credit management
  • E Collection management
Correct Answer: A,B

Explanation

This item tests the candidate’s knowledge of Dynamics 365 Finance modules.

You need to configure the Accounts payable module for purchase orders and paying invoices to vendors. When you send out customer invoices, the invoices will be tracked under accounts receivable. Inventory management is where you would move around orders or items to track inventory. Customer credit management lets you manage credit limits and control the flow of sales orders through the posting process. The Collections module provides a centralized view where accounts receivable collections information is managed.

Work with accounts payable in Dynamics 365 Finance - Training | Microsoft Learn

Work with accounts receivable in Dynamics 365 Finance - Training | Microsoft Learn

Accounts receivable home page - Finance | Dynamics 365 | Microsoft Learn

Accounts payable home page - Finance | Dynamics 365 | Microsoft Learn

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