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MB-700 - Microsoft Dynamics 365: Finance and Operations Apps Solution Architect - Dump Information

Vendor : Microsoft
Exam Code : MB-700
Exam Name : Microsoft Dynamics 365: Finance and Operations Apps Solution Architect
Questions and Answers : 41 Q & A
Updated On : Click to Check Update
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MB-700 Questions and Answers

MB-700.html


Question: 34


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


Answer: A


Question: 35


HOTSPOT

A company is determining which reporting tools to use as part of a Dynamics 365 Finance implementation.

Scenario A: Power users must use a free form tool to allow other power users to leverage transactional data to be consumed externally. Scenario B: Developers must use a modeling tool to allow all users to leverage aggregated data to be consumed internally.

Scenario C: Developers must a free form tool to allow all users to leverage transactional and aggregated data to be consumed internally and externally.

Scenario D: Power users must use a free form tool to allow all users to leverage aggregated data to be consumed internally and externally. Scenario E: Power users must use a modeling tool to allow other power users to leverage transactional data to be consumed externally.

You need to recommend which tool should be used for each scenario.

Which tool should you recommend? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

Hot Area:


Answer:


Reference: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/analytics/create-nextgen-reporting-solutions

Question: 36


DRAG DROP

You need to determine user licensing options for Dynamics 365 Finance + Operations (on-premises).

Which type of license should you recommend? To answer, drag the appropriate licenses to the correct users. Each license may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point. Select and Place:

image


Answer:

image


Question: 37


A holding company with three independently managed and operated subsidiaries is implementing Dynamics 365 Finance. The company needs to ensure the restriction of data for each company from subsidiary counterparts.

You need to determine an organization structure. Which structure should you recommend?

  1. single legal entity with security policies

  2. separate legal entities

  3. single legal entity with custom business unit financial dimension

  4. single entity that consolidates legal entities

  5. single legal entity with default business unit financial dimension


Answer: B


Question: 38


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.


Answer: B

Question: 39


DRAG DROP

A client wants to create a custom view-only security role that allows users to view the customer list in the accounts receivable module. It must be accurately reported during a security audit. You need to recommend how to implement the privileges.

Which five actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order. Select and Place:

image


Answer:

image


Reference: https://www.powerobjects.com/blog/2018/01/23/dynamics-365-for-finance-and-operations-security/

Question: 40


HOTSPOT

A United States-based company has a cloud-based Dynamics 365 Finance implementation. The company plans to open a new location in Mexico. Electronic invoicing is mandated in Mexico.

You need to recommend a solution that meets Mexican localization reporting requirements. What should you recommend? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

Hot Area:

image


Answer:

image


Reference: https://docs.microsoft.com/en-us/dynamics365/finance/localizations/latam-mex-cfdi-electronic-invoices

Question: 41


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:

image

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


Answer: B


Reference: https://docs.microsoft.com/en-us/office365/enterprise/add-several-users-at-the-same-time


Microsoft MB-700 Exam (Microsoft Dynamics 365: Finance and Operations Apps Solution Architect) Detailed Information

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Microsoft Certification is an industry standard that is recognised worldwide. After you earn your Microsoft Certification, you have access to a number of benefits, which can be found on your benefits and exams dashboard.
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Individuals who have passed a Microsoft exam have access to the benefits and exams dashboard.
On the site, you will find:
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Charter Members are the pioneering group of individuals who achieve a certification within six months following the retail release date of the certification. (People who pass the beta exams will receive the Charter certificate after the certification is commercially released.) Charter Members are recognised by being given the Charter version of the certificate acknowledging their early adoption of the technology solution. The Charter version of the certificate includes the word "Charter".
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Q. What is Microsoft account?
Microsoft account (formerly Windows Live ID) enables you to simply use your email address and password to sign in. After you create your Microsoft account, you can access all Microsoft account sites and services. If you already have an MSN Hotmail, MSN Messenger or Passport account, it is your Microsoft account.
Learn more about Microsoft account.
Q. If I do not have a Microsoft account, do I need to set one up to access the benefits and exams dashboard?
Yes. You can sign up for a Microsoft account now. You will not be able to access the benefits and exams dashboard without one.
Q. If I already have a Microsoft account, can I use it to access the benefits and exams dashboard?
Yes.
Q. I do not remember the Microsoft account I used to access the benefits and exams dashboard. What should I do?
If you cannot remember the Microsoft account that you used to access the benefits and exams dashboard, contact your Microsoft Regional Service Centre for assistance.
Q. Will my Microsoft account expire?
If your Microsoft account is unused for one year, your Microsoft account may expire, and you may need to re-establish a Microsoft account.
Q. How do I update my profile?
Log in to the benefits and exams dashboard and, under the Account menu in the top right corner of the page, click Profile settings.
Q. What should I regularly update in my profile?
Update the following information to ensure that you receive communications from Microsoft:
Your contact preferences: Specify whether you want to receive promotional information about Microsoft products, services and events.
Your personal information: View, add or edit your personal contact information, such as your email address, business or personal address and phone numbers.
Your business information: View, add or edit information about your job and your organisation so that we can personalise content and recommend materials that match your job, organisation or industry.
Your technology preferences: View, add or edit information about your technology interests so that we can personalise content and recommend materials that match your interests.
Q. What if I do not want to receive email messages from Microsoft?
You are under no obligation to receive email messages from Microsoft. However, if you indicate that you do not want to receive communications from Microsoft through email, you cannot receive e-newsletters, such as the MCP Flash and MCT Flash. These communications provide up-to-date information on changes in training and certification resources, such as discontinued exams, Microsoft Certified Professional (MCP) benefits and special offers.
Q. How do I ensure that I receive communications by email?
Visit the Microsoft Profile Centre to indicate that you want to receive email messages from Microsoft.
Sign in to the Microsoft Profile Center to view and update your profile
Profile Center screenshot
Click My Contact Preferences, located on either the Profile Centre home page (shown above) or on the left-hand side of the page (shown below). Select E-Mail Address, and then click Save.
Note You can always unsubscribe from selected e-newsletters. However, if you do not select the E-Mail Address option, Microsoft cannot send you any information by email, including product notifications and news.
My Contact Preferences screenshot
Sign-up for e-newsletters: Select Manage Subscriptions on the left-hand side of the page. Tick all of the subscriptions that you want to receive, and then click Subscribe. You can also unsubscribe from publications.
Accessing your transcript
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Q. Where can I find my transcript or see which exams I have passed?
Access your transcript from the benefits and exams dashboard.
Under the section called Transcript, click on the View link.
Q. How do I give my employer or others access to my transcript via a secure connection that they can trust?
Microsoft offers a tool called Transcript Sharing, which can be accessed from the benefits and exams dashboard. Under the section called Transcript, click the Share link.
You will be asked to create an Access Code (which can be changed at any time) and given a Transcript ID. You will then provide these two codes to your selected audience, along with a URL to view your transcript.
Q. I have certifications from multiple providers; can I combine all my credentials into one transcript?
Microsoft has worked with the IT Certification Council (ITCC), along with other industry certification providers, to provide MCPs with the opportunity to create one transcript across providers. Under the Transcript section of the benefits and exams dashboard, click Create a multi-vendor transcript. You will then be asked to provide your transcript sharing codes. The transcript sharing code can be found by clicking Share your transcript.
Q. What if I cannot print or access my transcript?
If you cannot print or access your transcript, contact your Microsoft Regional Service Centre.
To ensure a prompt response:
Use the email address associated with your Microsoft Certification ID (MC ID), if possible.
Have your Microsoft Certification ID number available.
If you do not know your Microsoft Certification ID, have other information available, such as your address, telephone number, exam numbers and completion dates.
Q. I viewed my transcript but it is missing data. Why can't I see all my data?
It can take up to two weeks for Microsoft to receive and process your exam records. If it has been more than two weeks since you took your exam, and the results still do not appear on your transcript, or if you notice any other problems, contact your Microsoft Regional Service Centre.
Training and certification from Microsoft
Fulfill your potential and make the most of your investment in Microsoft technology with certification, classroom training, e-learning, and books from Microsoft and Microsoft Learning Partners.
Certifications
A Microsoft Certification validates your expertise in a Microsoft technology. As a Microsoft Certified Professional, you’ll have access to community resources and tools that allow you to exchange ideas with peers, increase your knowledge and skills, and broaden your career opportunities.
Microsoft Certified Trainers
Microsoft Certified Trainers (MCTs) are classroom and e-learning instructors, training and certification consultants, authors, conference presenters, and user group leaders who combine their expertise, experience, and passion for training and leadership to help Microsoft customers and partners realize their full learning potential.
Microsoft Learning Partners
Microsoft Partners with the Learning competency (Learning Partners) are training companies that meet stringent Microsoft qualifications to train IT professionals and developers on Microsoft technologies.
Microsoft Imagine Academy
The Microsoft Imagine Academy program connects the world of education to the world of work by enabling faculty and students to acquire new technology skills in an academic setting.
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