Prepare with Microsoft MB7-701 exam torrent, pass for sure

Microsoft MB7-701 Exam Overview:

Microsoft MB7-701 Exam Syllabus Topics:

Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. A company has users that have only infrequent access to Microsoft Dynamics NAV. These users bring their own laptops, which are not part of the client network. These users have not been added to Active Directory.
You need to set up authentication for these users.
Which type of user authentication should you use?

A) SQL Server
B) Windows
C) UserName
D) NavUserPassword

2. A company uses Microsoft Dynamics NAV Fixed Assets (FA) to keep track of gains and losses when selling fixed assets.
A fixed asset has a value of $800. You sell the asset for $600.
What steps should you take to post this transaction to the G/L entries and FA entries?

A) Create a sales invoice on a line using theG/LAccount type with the amount of 5600, then dispose of the fixed asset in the FAG/Ljournal for $800.
B) Create a sales invoice on a line using the Fixed Asset type with the amount of $600. The difference value (loss) is posted automatically.
C) Create a sales invoice on a line using the Fixed Asset type with the amount of $600, and then dispose of the fixed asset in the FA G/L journal for $200.
D) Create a sales invoice on a line using the Fixed Asset type with the amount of $800 dollars and a second line using the G/L Account type with the amount of -/- $200.

3. What does the Adjust Exchange Rates batch job do in relation to customer records?

A) It scans the open Customer Ledger Entry records and creates a new Detailed Customer Ledger Entry that reflects the adjusted amount on the transaction.
B) It scans the Customer Ledger Entry records before the batch job's Posting Date and posts the adjusted amounts to the Realized Gains Acc. and Realized Losses Acc. for the currency.
C) It scans all Customer Ledger Entry records and creates a new Detailed Customer Ledger Entry that reflects the adjusted amount on the transaction.
D) It scans the open Customer Ledger Entry records and posts the adjusted amounts to the Realized Gains Acc. and Realized Losses Acc. for the currency.

4. Your client uses a dimension named ITEM CLASS with different dimension values to define different types of items on sales postings.
You need to modify the dimension settings so that sales-related ledger entries contain information on the type of item sold.
Which two actions should you perform? (Each correct answer presents part of the solution. Choose two.)

A) Set the Dimension Value Posting field for the ITEM CLASS dimension code to Same Code for the sales-relatedG/Laccount cards.
B) Add a unique ITEM CLASS dimension value code to all individual item category cards.
C) Set the Dimension Value Posting field for the ITEM CLASS dimension code to Code Mandatory for the sales-relatedG/Laccount cards.
D) Add a unique ITEM CLASS dimension value code to all individual item cards.

5. You have five sales orders with shipped lines that need to be invoiced on one sales invoice.
You use the Get Shipment Lines function on the sales invoice.
What happens to the sales orders when you post the sales invoice?

A) The sales orders are deleted when you post the invoice.
B) An internal sales return order is created with the same date as that of the invoice that is posted using the Ship and Invoice option.
C) The sales order shipment lines are reversed, and the sales invoices are posted using the Ship and Invoice option.
D) The sales orders are updated with the value from the Invoiced Quantity field. You then have to delete the sales orders manually or by running the Delete Invoiced Sales Orders batch job.

Solutions: