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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. Which two statements about cash flow forecasting are true? (Each correct answer presents part of the solution. Choose two.)

A) Discount options are considered when creating cash flow entries.
B) General ledger account balances are used in the cash flow ledger entries calculation.
C) Payment terms set on customers and vendors are considered when creating cash flow entries.
D) The Suggest Worksheet Lines batch job calculates and posts the Cash Flow Worksheet lines into the cash flow forecast.

2. How do you set the two global dimensions in a new installation of Microsoft Dynamics NAV?

A) Highlight all the records on the Chart of Accounts page, and then click Dimensions-Multiple on the Navigate tab to set the global dimensions on each G/L account.
B) Populate the Global Dimension 1 Code and Global Dimension 2 Code fields on the General Ledger Setup window.
C) Click Change Global Dimensions on the Actions tab on the General Ledger Setup window.
D) Populate the Shortcut Dimension Code 1 and Shortcut Dimension Code 2 fields on the Genera? Ledger Setup window.

3. The Source Type field on the G/L Entry table is blank. What does this indicate about the record?

A) It was created when posting a general journal.
B) It was created when posting a sales invoice or purchase invoice.
C) It was created when posting a fixed asset.
D) It was created when posting to a bank account.

4. What effect does setting the Fix Exchange Rate Amount field in the Currency Exchange Rates window have in Microsoft Dynamics NAV?

A) It determines the threshold over which currency conversion rounding errors are repaired.
B) It determines the exchange rate to be used when the Adjust Exchange Rates batch job is run.
C) It determines the threshold under which currency conversion rounding errors are repaired.
D) It determines whether the currency or the relational currency exchange rate can be changed on transactions and journals.

5. Which two options do you use to track the maintenance of fixed assets? (Each correct answer presents part of the solution. Choose two.)

A) Under Maintenance and Repair Status Code
B) Under Maintenance and Warranty Date
C) Maintenance Vendor No. and Next Service Date
D) Maintenance Vendor No. and Service Period

Solutions: