Microsoft Exam MB-920 Topic 10 Question 57 Discussion

Actual exam question for Microsoft's MB-920 exam

Question #: 57
Topic #: 10

A company uses Dynamics 365 Finance.

The company wants to configure the ledger entries for importing letters of credit. You need to identify which business process to configure. Which business process should you use?

AManage letters of guarantee.

BSet up settlements.

CReconcile bank accounts.

DDeposit bank funds.

Show Suggested Answer

Suggested Answer: B

by Claudia at Sep 19, 2024, 08:35 AM

Limited Time Offer

25%

Off

Get Premium MB-920 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Sheridan

1 months ago

Wait, is this a trick question? What if the correct answer is 'None of the above'? I'm going to have to think about this one.

upvoted 0 times

Buffy

3 days ago

C) Reconcile bank accounts.

upvoted 0 times

...

Willodean

6 days ago

B) Set up settlements.

upvoted 0 times

...

Yuriko

17 days ago

A) Manage letters of guarantee.

upvoted 0 times

...

Maira

1 months ago

I'm going with A) Manage letters of guarantee. Letters of credit and letters of guarantee are closely related, so that's my best guess.

upvoted 0 times

...

Wilda

1 months ago

Ha! Clearly, the answer is D) Deposit bank funds. Who wouldn't want to deposit all that sweet, sweet letter of credit money?

upvoted 0 times

...

Loren

2 months ago

Hmm, I'm not sure. C) Reconcile bank accounts could also be a valid answer since letters of credit involve bank transactions.

upvoted 0 times

Lenny

4 days ago

D) Deposit bank funds.

upvoted 0 times

...

Tamekia

13 days ago

C) Reconcile bank accounts.

upvoted 0 times

...

Charlette

20 days ago

B) Set up settlements.

upvoted 0 times

...

Patti

21 days ago

A) Manage letters of guarantee.

upvoted 0 times

...

Micaela

2 months ago

I think the answer is B) Set up settlements. Importing letters of credit seems to be related to the settlement process.

upvoted 0 times

Ernestine

22 days ago

I believe D) Deposit bank funds could also be a possible option for configuring ledger entries.

upvoted 0 times

...

Clare

24 days ago

I think it might be C) Reconcile bank accounts, since it involves tracking financial transactions.

upvoted 0 times

...

Tu

1 months ago

I agree, B) Set up settlements makes sense for importing letters of credit.

upvoted 0 times

...

Reuben

3 months ago

Hmm, I see your point. Setting up settlements does make sense for importing letters of credit.

upvoted 0 times

...

Marilynn

3 months ago

I disagree, I believe the correct answer is B) Set up settlements.

upvoted 0 times

...

Reuben

3 months ago

I think the answer is A) Manage letters of guarantee.

upvoted 0 times

...