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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. A fixed asset with a book value of $1000 is depreciated to an expected salvage value of S100 in 48 time periods.
The depreciation amount must be the same each period.
Which depreciation method should you assign to the depreciation book?

A) DB2/SL
B) Straight-Line
C) Declining-Balance 1
D) Half-Year Convention

2. You create a purchase order. The work date is October 25, the order date is October 29, the document date is November 2, and the posting date is November 3. Payment terms are 14D.
Which date is the due date?

A) November 8
B) November 15
C) November 17
D) November 12

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

A) Each insurance card must be linked to a predefined insurance type.
B) Running the Insurance - Uninsured FAs report creates a list of fixed assets that are not covered by insurance.
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.

4. What amounts can you always view and analyze from the Analysis by Dimensions Matrix window?

A) Cash flow accounts,G/Laccounts, and period
B) Global Dimension 1, Global Dimension 2, andG/Laccounts
C) The dimensions defined in the analysis view, Global Dimension 1, and Global Dimension 2
D) The dimensions defined in the analysis view,G/Laccounts, and period

5. You create a sales quote, your customer accepts the quote, and you convert the quote to an order. Which statement is true?

A) The new order keeps the Document Date from the quote, and the Order Date is the same as the work date. The order lines are not updated with the unit prices from the item cards.
B) The new order keeps the Document Date from the quote. The order lines are updated with the unit prices from the item cards.
C) The new order's Document Date and Order Date are the same as the work date. The order lines are updated with the unit prices from the item cards.
D) The new order keeps the Document Date from the quote, and the Order Date is the same as the Document Date from the quote. The order lines are not updated with the unit prices from the item cards.

Solutions: