Dynamics 365 Fundamentals (MB-920) Exam Questions May - 2025

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Introduction

Certainly! Here's a comprehensive review, detailing, and recommendation for the Coursera course based on the provided syllabus: --- **Course Review and Overview: Unlocking the Power of Dynamics 365 Supply Chain and Finance Management** This Coursera course offers an in-depth exploration of Microsoft's Dynamics 365 suite, focusing on Supply Chain Management (SCM), Finance, and Operations capabilities. Designed for professionals aiming to deepen their understanding of enterprise resource planning (ERP) systems, this course provides a balanced mix of theoretical knowledge and practical insights. **Course Content and Skills Covered:** - **Supply Chain Management (35-40%)** - Core capabilities such as product management, pricing, and discounts, as well as intercompany transactions. - In-depth modules on manufacturing processes, including lean, discrete, and process manufacturing strategies. - Shop floor management, master planning, and inventory optimization, including warehousing and costing methods. - Practical use cases for Warehouse Management Systems (WMS), Transportation Management Systems (TMS), and landed costs. - Sales and procurement cycles, emphasizing order-to-cash and procure-to-pay processes—from purchase requisitions and order creation to inventory fulfillment. - **Dynamics 365 Finance (30-35%)** - Core financial functionalities, including organizational structures, reporting currencies, tax management, and cost accounting. - Detailed coverage of general ledgers, financial dimensions, and fiscal calendars. - Accounts payable and receivable processes, vendor and customer management, credit, and collection processes. - Budgeting, fixed asset management, cash and bank management, and subscription billing. - **Core Capabilities of Finance & Operations Apps (25-30%)** - Overview of enterprise ERP solutions, emphasizing business value across Commerce, Human Resources, and Project Operations. - User interface exploration, reporting, and integration features, including built-in reporting, Power BI, and Microsoft Office 365 integration. - Advanced concepts such as security, workflows, batch jobs, and data analysis. **Strengths of the Course:** - **Comprehensive Coverage:** The extensive syllabus ensures learners gain a broad and deep understanding of Dynamics 365 capabilities. - **Practical Use Cases:** Real-world scenarios for SCM, finance, warehousing, manufacturing, and sales processes enhance practical understanding. - **Integration Focus:** Emphasizes how Dynamics 365 integrates with other Microsoft tools, which is crucial in modern ERP environments. - **Industry-Relevant:** Topics such as lean manufacturing, inventory management, and landed costs are highly relevant for industries dealing with complex supply chains. **Who Should Enroll?** - ERP professionals seeking to specialize in Dynamics 365. - Supply chain managers and financial professionals looking to enhance their technical skills. - IT consultants, business analysts, or students interested in enterprise systems. **Recommendation:** This course is highly recommended for anyone eager to master Dynamics 365 Supply Chain and Finance modules. Its detailed modules, real-world use cases, and integration insights make it an invaluable resource for advancing your career in enterprise resource planning and business process optimization. Whether you're new to Dynamics 365 or seeking to deepen existing knowledge, this course offers a solid foundation and practical skills that are highly sought after in today's digital business landscape. --- If you'd like, I can help craft a shorter summary or specific section for marketing or informational purposes!

Overview

Skills at a glanceDescribe Dynamics 365 Supply Chain Management (35-40%)Describe Dynamics 365 Finance (30-35%)Describe the core capabilities of the finance and operations apps (25-30%)Describe Dynamics 365 Supply Chain Management (35-40%)Describe Supply Chain Management core capabilitiesDescribe use cases of Supply Chain ManagementDescribe products and released productsDescribe product master records, product variants, and product dimensionsDescribe pricing and discounts in relation to trade agreementsDescribe intercompany capabilitiesDescribe the manufacturing processDescribe lean, discrete, and process manufacturingDescribe manufacturing strategiesDescribe bills of materials (BOMs), formulas, routes, and operations as they relate to production ordersIdentify the production lifecycle stagesDescribe shop floor managementDescribe master planning and planning optimizationDescribe inventory and warehousing capabilitiesDescribe costing methodsDescribe on-hand inventory capabilitiesIdentify types of inventory journalsDescribe quality management capabilitiesDescribe use cases for Warehouse Management Systems (WMS)Describe use cases for Transportation Management Systems (TMS)Describe use cases for landed costDescribe the sales and procurement processesDescribe the order-to-cash processDescribe the sales order creation processDescribe the fulfillment process, including inventory reservations and picking and packingDescribe the procure-to-pay processDescribe purchase requisitionsDescribe the purchase order creation processDescribe purchase order receiptsDescribe Dynamics 365 Finance (30-35%)Describe Finance core capabilitiesDescribe use cases of FinanceDescribe organization and legal entitiesDescribe reporting currency and accounting currencyDescribe tax capabilitiesDescribe cost accounting conceptsDescribe general ledgersDescribe charts of accounts, including main accountsDescribe the concept of a fiscal calendarDescribe financial dimensions and dimension sets conceptsDescribe the accounting structureDescribe financial journal conceptsDescribe periodic financial processesDescribe accounts payables and accounts receivablesDescribe core accounts payable components, including vendors, purchase orders, and vendor invoicesDescribe vendor payments and settlements, including three-way matching conceptsDescribe core accounts receivable components, including customers, customer invoices, and free text invoicesDescribe credit management processesDescribe the collection processDescribe the concept of subscription billingDescribe expense management, fixed asset management, and budgetingDescribe cash and bank management conceptsDescribe expense management capabilitiesDescribe fixed asset management capabilitiesDescribe budgeting capabilitiesDescribe the core capabilities of the finance and operations apps (25-30%)Describe the finance and operations appsDescribe enterprise resource planning (ERP)Describe the business value of CommerceDescribe the business value of Human ResourcesDescribe the business value of Project OperationsDescribe finance and operations apps use casesExplore the finance and operations user interfaceDescribe reporting and integration capabilitiesDescribe built-in reporting capabilities, including workspacesDescribe options for analyzing data by using Power BIDescribe Microsoft Office 365 integration capabilities, including Microsoft Excel, SharePoint, and TeamsDescribe Microsoft Power Platform integration optionsDescribe common featuresDescribe security capabilitiesDescribe workflow capabilitiesDescribe the concept of batch jobs

Skills

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