Microsoft Dynamics NAV 2013 Core Setup and Finance - MB7-701 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

You need to change the description of an item on the Item List page for the RoleTailored client. Which standard keyboard shortcut should you use?

A. CTRL+E B. CTRL+W C. CTRL+O D. CTRL+SHIFT+E

Discussion 0

Correct Answer: D Vote an answer

Question 2

Which window do you use to create a new user?

A. User Card B. User Setup C. User Personalization Card D. Permission Sets

Discussion 0

Correct Answer: A Vote an answer

Question 3

When creating purchase orders and purchase invoices, a company requires entering the order number, invoice number, vendor number, vendor order number, vendor invoice number, and item numbers.
You need to check the details related to a posted vendor's invoice by using the Navigate function. What should you do?

A. On the General Tab, select Vendor in the Business Contact Type field, and enter the vendor invoice number. B. On the Source Tab, enter the vendor number and vendor invoice number. C. On the Item Tracking Tab, select Vendor in the Business Contact Type field, and enter the item number. D. On the External Tab, select Vendor in the Business Contact Type field, and enter the vendor invoice number.

Discussion 0

Correct Answer: C Vote an answer

Question 4

What happens in a general journal when the Amount on all the lines balances to zero?

A. If set up on the journal's batch, the Posting Date on the subsequent line is incremented by one day. B. If set up on the journal's batch, the Document No. on the subsequent line is given the next sequential number. C. The user is asked to confirm if the journal is to be posted now. D. The journal posts automatically.

Discussion 0

Correct Answer: B Vote an answer

Question 5

An organization purchases an asset that consists of multiple components. The components have a different depreciation method and vendor.
You need to track the total costs of the asset.
What two actions should you perform? (Each correct answer presents part of the solution. Choose two.)

A. Set up each component asset as a main asset component from the main asset card. B. Create fixed asset cards for the asset and each component. C. Connect each component asset to the other component assets using the FA subclasses. D. Set up an FA class that is connected to the FA subclasses.

Discussion 0

Correct Answer: C,D Vote an answer

Question 6

Which statement about the reason code on a sales credit memo is true?

A. It is transferred only to the posted sales credit memo and used for filtering and analysis. B. It is transferred toG/L, customer, and item entries and used for analysis. C. It is required when posting a sales credit memo. D. It determines the location code for item returns.

Discussion 0

Correct Answer: B Vote an answer

Question 7

What are the components of an account schedule?

A. An analysis view name, a defined list of G/L accounts, and a column layout B. A schedule name, a list of lines, and a column layout C. A schedule name, a list of G/L accounts, and a column layout D. An analysis view name, a list of lines, and a defined list of G/L accounts

Discussion 0

Correct Answer: B Vote an answer

Question 8

What effect does the Additional Reporting Currency field in the General Ledger Setup window have when running the Close Income Statement batch job?

A. It has no effect. B. The Close Income Statement batch job is prevented from running if the Additional Reporting Currency field is populated. C. The closing income general journal will be created and then posted automatically. D. The closing income general journal will be created in the currency specified in the Additional Reporting Currency field.

Discussion 0

Correct Answer: C Vote an answer