Microsoft Microsoft Certifications MB-700 Questions & Answers

• Question 71:

  You need to determine which tool to use to run the vendor's financial reports. Which tool should you use?

  A. Microsoft Power BI reports

  B. Microsoft Word add-in templates

  C. Dynamics 365 financial reports

  D. modern report design templates

  Correct Answer: C

  Scenario:

  Current:

  SQL Server Reporting Services (SSRS) reports are used for several financial reports that are sent to vendors in the existing ERP solution.

  Requirements

  The current third-party financial reporting tool does not integrate with Dynamics 365.

  Note: Dynamics 365 Finance, Get started with financial reporting

  Install the Financial reporting add-in

  The Financial reporting add-in lets financial and business professionals create, maintain, deploy, and view financial statements. Financial reporting includes dimension support. Therefore, account segments or dimensions are immediately

  available. No additional tools or configuration steps are required after installation.

  Reference:

  https://learn.microsoft.com/en-us/dynamics365/finance/general-ledger/financial-reporting-getting-started

• Question 72:

  You need to determine which development environments to deploy. Which environments do you use?

  A. Tier-1 Third party cloud-hosted environment image

  B. Tier-2 Default Sandbox

  C. Tier-1 Microsoft hosted cloud environment

  D. Tier-2 Microsoft hosted cloud environment

  E. Tier-1 Local environment image

  Correct Answer: D

  User Tier-2 as it is cheaper.

  Use a cloud environment to make it highly available for the developers.

  Tier-1 vs. Tier-2 and higher

  *

  Tier-1 Single-box environment

  *

  Tier-2 and higher -> Multi-box environment

  Note: In general, Tier 1 environments are used for production purposes and are intended to be highly available, reliable, and performant. These environments are typically hosted in the cloud and are designed to meet high levels of demand from end-users. They often have multiple instances to provide redundancy and to allow for maintenance and upgrades without impacting availability.

  Tier 2 environments, on the other hand, are typically used for development, testing, and staging purposes. They are used by developers and testers to build and test new features and functionality before they are deployed to production environments. Tier 2 environments are often less powerful and less expensive than Tier 1 environments, but they are still designed to be reliable and performant.

  Scenario:

  Requirements, Development

  *

  Each of the pods' development teams must be able to deploy all of its code independently from one another.

  Overlayering of base Microsoft or third-party code must be prevented.

  *

  Each developer must have their own environment.

  *-> Development environment costs should be as low as possible.

  *

  Developers should be able to access their development environments 24 hours a day.

  The development team must create a performance strategy that involves the functional implementation team and the different development teams by using Microsoft recommendations.

  Reference:

  https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/organization-administration/environment-planning

• Question 73:

  You need to define Margie's Travel legal entity and tenant structure in the solution blueprint. What should you define?

  A. Three tenants with each tenant containing one legal entity.

  B. One tenant with each country configured as a separate legal entity.

  C. Three tenants with each country configured as a separate legal entity.

  D. One tenant for US and UK as separate legal entities. One tenant for Jamaica with one legal entity.

  Correct Answer: D

  Margie's created a second company based in Jamaica, followed by the acquisition of a third company in the United Kingdom (UK).

  All three countries must use Dynamics 365 Finance.

  Margie's Travel wants to enable customer self-service in the future for customers based in the US and UK.

• Question 74:

  You need to solve User1's issue. What should you create?

  A. Business Process Modeling Notation (BPMN)with Power Automate

  B. GitHub Solution Blueprint template

  C. GitHub Cutover template

  D. Data Migration framework data packages

  Correct Answer: D

  Data migration is a key success factor in almost every implementation. A primary concern of some customers is the speed that data can be migrated at, especially if there are vast amounts of data and a small cutover window. The Data migration framework is also used to move data as part of business requirements and operations.

  A data package for a Dynamics 365 Finance and Operations app can consist of one or many data entities. A typical data package consists of a group of entities for a specific task,process, or function.

  Note: A mock cutover was conducted. It was unsuccessful due to lack of coordination across the countries. The lack of success created timing issues with data uploads from centralized IT and validation at the country level. User1 must use a

  standard template to prevent the mock cutover issue happening at go-live.

  Reference: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/devitpro/sysadmin/optimize-data-migration

• Question 75:

  You need to recommend a solution to meet the requirements for the globalization features. Which feature should you recommend?

  A. First release program

  B. FastTrack program

  C. Product Roadmap

  D. Release validation program

  E. Preview early access program

  Correct Answer: A

  Note:

  *

  The CTO has learned that there are updates to globalization features in Dynamics 365 Finance. The IT staff has been tasked with ensuring that they are the first group to receive these updates.

  *

  The IT department has decided not to code for globalization issues because they are in an upcoming service update. They are closing in on go-live and need to make sure that the updates are applied in time.

  Service updates are continuous, touchless updates that provide new features and functionality. You are in control and manage how your organization receives these updates.

  For example, you can sign up for the First Release program so that your organization receives updates first. You can apply the updates to any of your environments manually (self-update) or remain on the default release schedule and receive

  the auto-updates when you schedule them using LCS.

  Reference: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/fin-ops/getstarted/public-preview-releases

• Question 76:

  You need to select the code package for the loyalty program. Which package should you recommend?

  A. Platform update package

  B. AOT deployable package

  C. Application and Platform Binary update package

  D. Data package

  Correct Answer: B

  AOT deployable package - A deployable package that is generated from application metadata and source code. This deployable package is created in a development or build environment.

  Note: Margie's Travel offers consumers a loyalty program. Consumers can earn points per dollar spent across all in countries in which Margie's operates. The loyalty program is currently managed by using a spreadsheet.

  The infrastructure team must move the code for the loyalty program to test environment.

  Margie's Travel learns that the loyalty program across multiple countries is not a standard industry process and is not a standard feature in Dynamics 365 Finance.

  Reference: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/devitpro/deployment/apply-deployable-package-system

• Question 77:

  You need to report the environment structure and tenants. Where must the tenants be reported?

  A. Go-live checklist

  B. Azure DevOps

  C. Project onboarding

  D. Solution blueprint review

  Correct Answer: A

  Note: Once user acceptance testing (UAT) has been completed, the project manager must report the number of tenants for production to Microsoft.

  Go-live Readiness Review prerequisites The project team should validate solution readiness. The following prerequisites must be met before the Go-live Readiness Review with Microsoft can be initiated. The production environment can be deployed after the Go-live Readiness Review with Microsoft has been successfully completed.

  *

  User acceptance testing (UAT) and performance testing have been completed or almost completed in a Tier-2 (or higher) environment.

  *

  The environment version that is planned for the go-live complies with the Software lifecycle policy.

  *

  The environment version that is planned for the go-live complies with the Software lifecycle policy.

  *

  All licenses that are required for go-live have been purchased in the correct tenant.

  *

  Etc.

  Reference: https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/fin-ops/implifecycle/prepare-go-live

• Question 78:

  You need to recommend a solution for the chief technical officer (CTO) What should you recommend?

  A. Premier Support

  B. Azure Rapid Response

  C. Proactive Services

  D. Lifecycle services (LCS)

  E. Azure DevOps

  Correct Answer: A

  Microsoft Dynamics customers who enroll in Microsoft Services Premier Support have access to complete, end-to-end vendor services for the entire Microsoft environment-from databases and desktops to servers and business applications.

  Microsoft Premier Online is a secured online resource, exclusively available to Premier Support and Essential Support customers. It provides a comprehensive repository of support and other resources to help you and your IT teams stay upto-date and knowledgeable about the Microsoft technologies you use every day. Continue to use CustomerSource to access unlimited online training, the support Knowledge Base, and upgrades, updates, service packs, hot fixes and tax and

  regulatory updates for Microsoft Dynamics.

  Note: The CTO has directed the infrastructure team to guarantee they are on the most current version available at the time of go-live.

  The CTO has learned that there are updates to globalization features in Dynamics 365 Finance. The IT staff has been tasked with ensuring that they are the first group to receive these updates.

  The IT department has limited knowledge of Microsoft 365, Microsoft Teams, and Dynamics 365 Finance. The IT department will be unable to support the applications. The CTO must determine the strategy for managing the support-related

  risk.

  https://docs.microsoft.com/en-us/dynamics/se/crm/accessing_microsoft_services_premier_support_benefits_190

• Question 79:

  You need to analyze the data for Objective 1. What should you use?

  A. Electronic reporting report

  B. Microsoft Power BI dashboard

  C. Microsoft Power BI report

  D. Organizational workspace

  E. SQL Server Reporting Services (SSRS) report

  Correct Answer: A

  Scenario: Objective 1. Determine the software licensing costs for the system based on the contracted costs determined during the start of the project.

  Electronic reporting (ER) overview

  ER is a configurable tool that helps you create and maintain regulatory electronic reporting and payments. It's based on the following three concepts:

  Configuration instead of coding

  One configuration for multiple Dynamics 365 Finance releases

  Easy or automatic upgrade

  Note: License sizing estimator in Lifecycle Services (LCS)

  To use License sizing estimator, you enter data and generate reports.

  User license estimator report

  The User license estimator report indicates how many combined base and attach licenses are required. For more information about base and attach licenses, see the "Base licenses and cost savings opportunities for 'attach' licenses" section

  of the Microsoft Dynamics 365 Licensing Guide.

  The User license estimator report can't distinguish base and attach licenses for a user. The choice between them is made when licenses are assigned. A new comprehensive report is expected to be available during the calendar year 2023.

  Scenario: Objective 1. Determine the software licensing costs for the system based on the contracted costs determined during the start of the project.

  Licensing

  The implementation requires the following Dynamics 365 licenses:

  1.

  120 Supply Chain Management licenses

  2.

  60 Finance licenses

  3.

  50 Commerce licenses

  The sales order entry Power Apps integration must be configured by using out-of-the-box solutions.

  Reference: https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/analytics/general-electronic-reporting https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/sysadmin/stay-compliant-user-license-requirement

• Question 80:

  You are a consultant for Proseware, Inc.

  You need to audit the system based on government financial compliance standards in Objective 2.

  What should you use?

  A. Compare permissions

  B. Segregation of duties

  C. Role to user assignments report

  D. User role assignments report

  E. Security diagnostic for task recording

  Correct Answer: D

  Scenario: Objective 2. Audit the security roles for users in the manufacturing division.

  Out-of-box security reports

  User role assignments The User role assignments report generates a view of the current user role assignments in your system. By default, the report includes all users with roles assigned. You can optionally limit the report to a specific set of users by entering a list of users when generating the report. On the User role assignments parameters pane, go to Records to include > Filter. From here you can add or remove filters to the list of users the report will be generated for.

  Note: Finance and operations provides a set of rich security reports to help you understand the set of security roles running in your environment and the set of users assigned to each role. In addition to the reports noted in this article, developers can generate a workbook containing all user security privileges for all roles using Visual Studio > Dynamics 365 > Addins > View related objects and licenses for all roles.

  Each of the security reports can be found under System administration > Inquiries > Security.

  Reference: https://learn.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/sysadmin/security-reports