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Microsoft MB7-701 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Core Financial Processes | - Accounts Payable and Receivable
|
| Inventory and Resource Management | - Costing and valuation
|
| Reporting and Analysis | - Financial reporting
|
| Financial Management Setup | - General Ledger configuration
|
| Microsoft Dynamics NAV Installation and Setup | - Company and environment configuration
|
Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:
Question 1
You need to configure Microsoft Dynamics NAV to register when specific users log on and for how long they stay logged on. Which page should you use?
A. Permission Set
B. Application Setup
C. User Setup
D. Users
Question 2
You need to turn in your periodical value added tax (VAT) declaration. Where can you report the tax amounts to be settled?
A. VAT registers
B. VAT exceptions
C. VAT statements
D. VAT adjustments
Question 3
A company requires a 10% prepayment for all new customers before shipping their orders. Which steps should you take to enable this?
A. Create a customer price group with a Prepayment ? of 10 and set the Blocked field to Ship on the Customer Card window.
B. Create a customer posting group with a Prepayment % of 10 and enable Check Prepmt. When Posting in the General Ledger Setup window.
C. Create a customer price group with a Prepayment ? of 10 and select Check Prepmt. WhenPosting in the Sales & Receivables Setup window.
D. Create a customer posting group with a Prepayment % of 10 and enable Check Prepmt. WhenPosting in the Sales & Receivables Setup window.
Question 4
Users in the accounting department can enter journal data at the same time into Microsoft Dynamics NAV.
How do you ensure that each user's work is isolated from other users during data entry?
A. Create a different number series for each user.
B. Create a separate journal template for each user, with each template having a different Source Code.
C. Create a separate journal batch for each user.
D. No additional configuration is required because each user's work is automatically isolated in Microsoft Dynamics NAV based on their User I
Question 5
You need to zoom in on the Item List page in the RoleTailored client so that you can view all available fields and their values at the same time.
What should you do?
A. Expand the Table Fields FastTab on the About This Page window
B. Right-click anywhere on the page and select Zoom
C. Press SHIFT+CTRL+Z
D. Press CTRL+Z
Solutions:
| Question 1 Answer: C | Question 2 Answer: D | Question 3 Answer: C | Question 4 Answer: C | Question 5 Answer: A |
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