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Microsoft Dynamics NAV 2013 Core Setup and Finance - MB7-701 real prep

MB7-701
  • Exam Code: MB7-701
  • Exam Name: Microsoft Dynamics NAV 2013 Core Setup and Finance
  • Updated: Jul 09, 2025
  • Q & A: 78 Questions and Answers
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  • PDF Price: $59.98
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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. A customer reports that in the RoleTailored client, the Customer Statistics FactBox takes up too much space on the customer list page. What should you do to remove the Customer Statistics FactBox?

A) Click Action on the Customer Statistics FactBox and select Remove.
B) Click the Customer Statistics FactBox and drag it out of the customer list page.
C) Right-click the Customer Statistics FactBox and select Remove.
D) Click the ribbon on the customer list page, click Customize, and then click Remove Customer Statistics FactBox.


2. How is the Due Date of a Reminder calculated?

A) Reminder Document Date + Reminder Level Due Date Calculation
B) Original transaction Document Date + Reminder Level Due Date Calculation
C) Original transaction Document Date+Reminder Level Due Date Calculation + Reminder Level Grace Period
D) Reminder Document Date + Reminder Level Due Date Calculation + Reminder Level Grace Period


3. Before posting a sales order invoice into the Financial module, you enter a valid dimension value code for DEPARTMENT and CUSTOMERGROUP in the sales order header. These dimensions, plus an additional dimension value code for PRODUCTGROUP, are entering on the sales order lines.
What dimension information is posted on the value added tax (VAT) entries as a result of the sales order?

A) Dimension set ID
B) None
C) The valid dimension combinations
D) Dimension value codes for each unique posting line


4. You need to ensure that users are prompted to confirm a payment discount before they post a short payment from a customer.
What steps do you need to take in the General Ledger Setup window?

A) Enable Pmt. Disc. Tolerance Warning, set Pmt. Disc. Tolerance Posting to Payment Discount Accounts, and run the Change Payment Tolerance batch job.
B) Enable Payment Tolerance Warning, set Payment Tolerance Posting to Payment Discount Account, and run the Change Payment Tolerance batch job.
C) Enable Payment Tolerance Warning, set Payment Tolerance Posting to Payment Discount Account, and populate the Payment Tolerance % and Max. Payment Tolerance Amount fields.
D) Populate the Payment Tolerance do and Max. Pmt. Tolerance Amount fields and run the Change Payment Tolerance batch job.


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


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: D

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