MB-700 Entities Practice Questions
The free MB-700: Microsoft Dynamics 365: Finance and Operations Apps Solution Architect questions that deal with entities, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution. After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen. A company with multiple legal entities implements Dynamics 365 Finance. You need to recommend options to ensure that you can provide customized financial reporting across the legal entities. Solution: Create separate business units. Does the solution meet the goal?
Correct answer: A
Explanation
Reference: https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/generating-consolidated-financial-statements
Question #3
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution. After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen. A company with multiple legal entities implements Dynamics 365 Finance. You need to recommend options to ensure that you can provide customized financial reporting across the legal entities. Solution: Create separate cost centers to manage operations. Does the solution meet the goal?
Correct answer: B
Explanation
Cost centers are financial dimensions for tracking operational costs; cross-company customized reporting is delivered through Financial reporting (reporting trees and company combinations), so this solution does not meet the goal.
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