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Question 70 - MB-700 discussion

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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.

What are two possible ways to achieve the goal? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

A.

Create separate departments to manage functional areas.

Answers
A.

Create separate departments to manage functional areas.

B.

Create separate business units.

Answers
B.

Create separate business units.

C.

Create separate cost centers to manage operations.

Answers
C.

Create separate cost centers to manage operations.

D.

Create separate value streams for item management.

Answers
D.

Create separate value streams for item management.

Suggested answer: B, C

Explanation:

Operating units An operating unit is an organization that is used to divide the control of economic resources and operational processes in a business. People in an operating unit have a duty to maximize the use of scarce resources, improve processes, and account for their performance.

The operating units in finance and operations apps are:

(B) Business unit - A semi-autonomous operating unit that is created to meet strategic business objectives. It is used for financial reporting that is based on industries or product lines that the organization serves independently of legal entities.

(C) Cost center - An operating unit in which managers are accountable for budgeted and actual expenditures. It is used for the management and operational control of business processes that span legal entities.

Reference: https://learn.microsoft.com/en-us/training/modules/plan-implement-legal-entitiesfinance-operations/4-org-hier-units

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asked 05/10/2024
Jordan Nguyen
31 questions
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