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Microsoft MB-920 Exam Topics

Microsoft MB-920 Exam Overview :

Exam Name: Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP)
Exam Code: MB-920
Certifications: Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP), Microsoft Dynamics 365 Certifications
Exam Registration Price: $99
See Expected Questions: Microsoft MB-920 Expected Questions in Actual Exam

Microsoft MB-920 Exam Objectives :

Section Weight Objectives
Describe Dynamics 365 Supply Chain Management 25-30%     Identify general capabilities
  •         describe manufacturing types including Discrete, Lean, and Process manufacturing
  •         describe production control elements including bills of materials (BOMs), formulas,
    Kanban’s, resources, and routing
  •         describe product master records and product variants
    Describe warehouse and inventory management capabilities
  •         describe costing methods including standard costing, weighted averages, last-in-first-out (LIFO), and first-in-first-out (FIFO)  
  •         describe use cases for Warehouse Management System (WMS)  
  •         describe purchase orders, item arrival journals, and cross-docking
  •         describe inventory reservations, picking and packing, replenishment, and shipments
  •         describe inventory counting and inventory on-hand concepts
  •         describe quality management capabilities
  •         describe warehouse configuration options including layout, stocking limits, and location profiles
    Describe manufacturing strategies
  •         describe manufacturing strategies including make to order (MTO), make to stock (MTS), and configure to order (CTO)
  •         describe item tracking and tracing processes
  •         describe tools that can be used to manage shop floors
    Describe enterprise asset management capabilities
  •         describe enterprise asset management concepts
  •         describe the work order lifecycle including work order scheduling, preventative work orders, corrective work orders, and inspections  
  •         describe vendor warranty agreements including full and partial agreements
Describe Dynamics Finance 20-25%     Describe the Dynamics 365 Finance features
  •         describe use cases for legal entities
  •         describe how Dynamics 365 Finance handles regional tax reporting requirements
  •         describe cost accounting concepts
    Describe general ledgers
  •         describe charts of accounts including main accounts, balance sheets, and income statements
  •         describe financial dimensions and dimension set concepts
  •         describe periodic financial processes  
    Describe accounts payables and accounts receivables
  •         describe core accounts payable components including vendors, purchase orders, and vendor invoices
  •         describe vendor payments and settlements including three-way matching concepts
  •         describe core accounts receivable components including customers, customer invoices, and free text invoices
  •         describe credit and collection processes
    Describe related finance components
  •         describe cash and bank management concepts
  •         describe expense management including cash advances and mobile workspaces
  •         describe fixed asset management, and fixed asset creation, acquisition, and depreciation
  •         describe budgeting capabilities
Describe Dynamics 365 Commerce 10-15%     Describe Dynamics 365 Commerce capabilities
  •         describe retail channels including call centers, Cloud Point-Of-Sale (CPOS), and Modern
    Point-Of-Sale (MPOS)
  •         describe channel management concepts
  •         describe Distributed Order Management (DOM)
  •         describe product assortments
  •         describe customer loyalty concepts  
  •         describe how Dynamics 365 Commerce uses Dynamics 365 Customer Insights to create personalized customer experiences and provide product recommendations
  •         describe how Dynamics 365 Commerce uses Retail Analytics to provide centralized retail data management
    Describe Dynamics 365 Fraud Protection
  •         describe how Dynamics 365 Fraud Protection evaluates purchase transaction to reduce fraud losses and increase bank acceptance rates
  •         describe how Dynamics 365 Fraud Protection prevents unauthorized account creation, account takeovers, and fraudulent account access
  •         describe how Dynamics 365 Fraud Protection prevents loss related to fraudulent returns and discounts, identifying the risk of loss to a business, and identifying anomalies in merchandise discounting and returns
Describe Dynamics 365 Human Resources 5-10%     Describe core capabilities
  •         describe compensation and benefits capabilities
  •         describe compliance features
  •         describe performance management capabilities
    Describe personnel management capabilities
  •         describe self-service capabilities
  •         describe leave and absence capabilities
  •         describe employee training and certification features
  •         identify integration options between Dynamics 365 Human Resources and LinkedIn
Describe Project Operations 10-15%     Identify Project Operations capabilities
  •         describe project-based services  
  •         describe project sales capabilities
  •         describe project contract capabilities
  •         describe project pricing capabilities
  •         describe the project lifecycle including project invoicing and revenue recognition
    Describe project planning and execution capabilities
  •         identify project features including contracts, stages, team assignments, and fixed price versus time and material estimates versus retainer contracts
  •         describe project team management capabilities including allocation methods, resource scheduling, and skills
  •         describe project schedule management capabilities including tasks, subtasks, assignments, and project plan management
  •         describe project cost tracking capabilities including time and expense costs

 
Describe shared features 10-15%     Describe reporting capabilities
  •         describe built-in reporting capabilities including workspaces  
  •         describe options for exporting data to Microsoft Excel
  •         describe options for analyzing data by using Power BI
    Describe integration options
  •         describe Microsoft Teams integration capabilities
  •         describe use cases for integrating with Microsoft Excel and Microsoft Word
  •         describe options for managing documents by using SharePoint Online
  •         describe email integration capabilities
Official Information https://docs.microsoft.com/en-us/learn/certifications/exams/mb-920

Updates in the Microsoft MB-920 Exam Topics:

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