Download Microsoft Dynamics 365: Finance and Operations Apps Solution Architect.MB-700.CertKiller.2020-04-22.24q.vcex

Vendor: Microsoft
Exam Code: MB-700
Exam Name: Microsoft Dynamics 365: Finance and Operations Apps Solution Architect
Date: Apr 22, 2020
File Size: 151 KB
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Demo Questions

Question 1
A company uses a legacy finance application that runs on a single SQL Server instance. The company plans to implement Dynamics 365 Finance. The following table describes the current implementation and design decisions for the new implementation:
  
You need to identify the gap in the migration plan. 
Which requirement should you identify as a gap?
  1. Business logic
  2. Users
  3. User Interface
  4. Reports
  5. Data
Correct answer: B
Explanation:
Reference:https://docs.microsoft.com/en-us/office365/enterprise/add-several-users-at-the-same-time
Reference:
https://docs.microsoft.com/en-us/office365/enterprise/add-several-users-at-the-same-time
Question 2
A company use Dynamics 365 Business Central. 
The company identifies the following issues:
  • Users report they cannot perform planning and dispatching of service orders or track bills of material in the system. 
  • The finance department says that licensing costs are higher than budgeted. 
You need to recommend a solution to address the issues. 
What should you recommend?
  1. Use the Lifecycle Services business process modeler to create service order management and manufacturing tasks in the BPM Library.
  2. Perform a fit-gap analysis. Implement service order management and manufacturing business processes and license changes.
  3. Configure all users as Business Central Premium users.
  4. Ensure that the service order management and manufacturing processes steps are documented in a flow chart.
  5. Configure all users as Business Central Essentials users.
Correct answer: B
Question 3
A company plans to implement Dynamics 365 Finance + Operations (on-premises). 
The company has system compliance requirements that must be addressed. 
You need to design the solution for the company. 
What should you address in the design?
  1. employee retirement
  2. data privacy
  3. fair labor standards
  4. equal employment opportunity
Correct answer: B
Question 4
An organization is implementing Dynamics 365 Finance. 
The organization uses financial reports including detailed balance information in local currencies for all accounts. Reports must include general ledger account number and journal entry line description. 
You need to recommend a report that meets the requirements. 
Which report should you recommend?
  1. Audit Details
  2. Summary Trial Balance
  3. Balance Sheet
  4. Cash Flow
Correct answer: A
Question 5
A trading company is concerned about the impact of General Data Protection Regulation (GDPR) on their business. 
The company needs to define personal data for their business purposes. 
You need to define personal data as defined by GDPR. 
Which three types of data are considered personal data? Each correct answer presents a complete solution. 
NOTE: Each correct selection is worth one point.
  1. password
  2. Social Security number
  3. a portion of the address (region, street, postcode etc.)
  4. International article (EAN) number
  5. MAC address
Correct answer: ABC
Question 6
A company needs to create customer-facing documents in Dynamics 365 Finance. 
The company does not have an in-house developer. 
You need to determine a solution for creating the documents. 
Which three tools should you recommend? Each correct answer presents a complete solution. 
NOTE: Each correct selection is worth one point.
  1. SSRS reports
  2. Microsoft Excel
  3. Electronic reporting
  4. Microsoft Word
  5. Financial reports
Correct answer: BCD
Question 7
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?
  1. Yes
  2. No
Correct answer: A
Explanation:
Reference:https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/generating-consolidated-financial-statements
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/generating-consolidated-financial-statements
Question 8
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?
  1. Yes
  2. No
Correct answer: B
Question 9
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 departments to manage functional areas.
Does the solution meet the goal?
  1. Yes
  2. No
Correct answer: B
Question 10
A company is headquartered in Canada and has four regional offices in Japan, Great Britain, Germany, and Mexico. 
An architect is documenting the following business requirements:
  • Accounts payable parameters must be unique within an organization. 
  • Monthly financial results must be consolidated. 
You need to design the organization to map to the requirements. 
Which functionality should you use?
  1. Legal entities
  2. Line of business
  3. Business units
  4. Operating units
Correct answer: C
Explanation:
Reference:https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/generating-consolidated-financial-statements
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/generating-consolidated-financial-statements
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