Exam MB-700 topic 1 question 13 discussion

Actual exam question from Microsoft's MB-700

Question #: 13
Topic #: 1

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.
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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?

A. Yes
B. No

Show Suggested Answer

Suggested Answer: B 🗳️

by dojom73239 at Oct. 26, 2020, 6:37 p.m.

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AdrienBnhm

11 months, 1 week ago

B - seems correct. Actually the exact things we are talling about is not that clear (pure financal reporting, or other financial performance reporting). If we take it as stated, Cost centers and Departements cannot provide such Financial Reporting on their own. https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/fin-ops/organization-administration/plan-organizational-hierarchy

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Wonderama

1 year, 2 months ago

No. Financial dimensions are inadequate to provide a solution when the data is separated by legal entity.

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Mobstar

1 year, 10 months ago

Yes - Department - An operating unit that represents a category or functional part of an organization that performs a specific task, such as sales or accounting. It is used to report on functional areas. A department can have profit and lose responsibility and consist of a group of cost centers.

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AdrienBnhm

11 months, 1 week ago

True, but this is not the question here. We are asked whteher Departments can provide Financial Reporting for themselves, which is not possible. The questions didn't mention any Cost management reporting.

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dojom73239

3 years, 6 months ago

The answer should be Yes: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/fin-ops/organization-administration/plan-organizational-hierarchy

upvoted 2 times

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dojom73239

3 years, 7 months ago

Seems correct. Cost center and departments are to separate reporting, not management of things

upvoted 4 times

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