Microsoft Dynamics 365: Finance and Operations Apps Solution Architect Exam Questions

Here you have the best Microsoft MB-700 practice exam questions.

Some things you may want to keep in mind about this practice exam questions:

You have 178 total questions to study from
Each page has 5 questions, making a total of 36 pages
You can navigate through the pages using the buttons at the bottom
This questions were last updated on September 16, 2024

Question 1 of 178

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?

A.

Business logic

B.

Users

C.

User Interface

D.

Reports

E.

Data

Correct Answer: C

The gap in the migration plan lies in the user interface. The current application stores HTML markup for the user interface as text values in SQL Server, whereas the new implementation plans to migrate this directly by using FetchXML queries. However, Dynamics 365 Finance and Operations does not use FetchXML for building user interfaces; FetchXML is used primarily in the context of Common Data Service (now Microsoft Dataverse) and Dynamics 365 Customer Engagement (CRM) apps. This presents a gap in the plan because the method proposed for UI migration is not feasible for Dynamics 365 Finance and Operations.

Question 2 of 178

An organization is planning a new Dynamics 365 Finance + Operations (on-premises) implementation.

The business process demands a huge volume of transactions to be imported during peak hours. Users can always access the system.

You need to do proper hardware sizing to ensure expected performance.

Which two factors should be considered for sizing? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

A.

user profile management

B.

business process optimization

C.

deadlock log evaluation

D.

crash dump analysis

E.

transaction characterization

Correct Answer: AE

When planning for hardware sizing for a Dynamics 365 Finance + Operations (on-premises) implementation, it is essential to consider factors that affect system performance during peak transaction periods. User profile management is crucial as it defines the number of concurrent users and their interaction patterns, impacting system load and resource allocation. Transaction characterization is also critical because it involves understanding the nature and volume of transactions processed, which directly affects system performance. By focusing on these two factors, the organization can ensure that the hardware is adequately sized to handle peak transactions and maintain optimal performance.

Question 3 of 178

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:

Correct Answer:

Reference:

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

Question 4 of 178

A company uses 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?

A.

Use the Lifecycle Services business process modeler to create service order management and manufacturing tasks in the BPM Library.

B.

Perform a fit-gap analysis. Implement service order management and manufacturing business processes and license changes.

C.

Configure all users as Business Central Premium users.

D.

Ensure that the service order management and manufacturing processes steps are documented in a flow chart.

E.

Configure all users as Business Central Essentials users.

Correct Answer: B

Performing a fit-gap analysis allows the company to identify the specific gaps in the current system and address both the service order management and manufacturing issues. Additionally, it enables the company to evaluate and adjust licensing arrangements to better align with the budget.

Question 5 of 178

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?

A.

single legal entity with security policies

B.

separate legal entities

C.

single legal entity with custom business unit financial dimension

D.

single entity that consolidates legal entities

E.

single legal entity with default business unit financial dimension

Correct Answer: B

When dealing with a holding company that has independently managed and operated subsidiaries, the appropriate structure to ensure data restriction for each company is to set up separate legal entities. This structure allows each subsidiary to operate independently with their own data sets, ensuring that data from one subsidiary is restricted from being accessed by others.