Microsoft Microsoft Dynamics NAV 2013 MB7-701

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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. Which statement about cost allocations is true?

A) The total allocation percentage is always 100, and a time period applies to cost allocations.
B) Cost allocations can be nested, and a cost allocation can have a fixed amount.
C) A cost allocation can have a fixed amount and a time period applies to cost allocations.
D) A cost allocation can have a fixed amount, and the total allocation percentage is always
100.

2. Which two statements about fixed assets insurance are true? (Each correct answer presents a complete solution. Choose two.)

A) Running the Insurance - Uninsured FAs report creates a list of fixed assets that are not covered by insurance.
B) Each insurance card must be linked to a predefined insurance type.
C) The posting fields on each insurance card must be populated before posting to a G/L.
D) Depreciation books and insurance depreciation books are identical.

3. You have the rule:
Cost Type Balance = Cost Center Balance + Cost Object Balance
Which two statements are true? (Each correct answer presents part of the solution. Choose two.)

A) All cost types are linked to both a cost center and a cost object.
B) All cost entries are linked to either a cost center or a cost object.
C) All cost types are linked to either a cost center or a cost object.
D) All cost entries are linked to both a cost center and a cost object.

4. A user must record a journal each month to receive rental payments from customers. The journal is comprised of lines with different document numbers and amounts. A single deposit is made to the bank.
How should you create the journal template for the user?

A) Set Type to Cash Receipts and ensure Force Doc. Balance is unchecked.
B) Set Type to Cash Receipts and Reason Code to RENT.
C) Set Type to Payments and Source Code to CUSTOMER.
D) Set Type to Payments and Reason Code to RENT.

5. How many dimensions can you use as a filter in the G/L Budgets window?

A) 8
B) 4
C) 2
D) 6

Solutions: