Microsoft Dynamics NAV 2013 Core Setup and Finance : MB7-701 valid dump torrent

  • Exam Code: MB7-701
  • Exam Name: Microsoft Dynamics NAV 2013 Core Setup and Finance
  • Updated: May 26, 2026
  • Q&As: 78 Questions and Answers

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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. Which options can be compared by the Budgets feature in Microsoft Dynamics NAV?

A) Departments, projects, and G/L accounts
B) Departments, projects, and customer groups
C) G/L accounts, periods, and analysis views
D) G/L accounts, periods, and global dimensions


2. You need to set a purchase quote limit for an employee. Which Limit Type should you select in the Approval Templates window?

A) No Limits
B) Credit Limits
C) Approval Limits
D) Request Limits


3. What does selecting the Update on Posting check box indicate in an analysis view?

A) TheG/Laccounts specified in the analysis view will be updated every time a transaction posts.
B) The actual amounts of the analysis view will be updated every time a transaction posts.
C) The actual and the budget amounts of the analysis view will be updated every time a transaction posts.
D) The budget amounts of the analysis view will be updated every time a transaction posts.


4. Which two actions do the Begin-Total and End-Total accounts on the Chart of Accounts page enable you to do? (Each correct answer presents a complete solution. Choose two.)

A) Indent the Chart of Accounts to improve readability.
B) Compare the G/L balance in different time periods.
C) View the total for a range of G/L accounts.
D) Group G/L accounts with the same dimensions.


5. How do you create a new fiscal year with 12 monthly accounting periods by using the Accounting Periods window?

A) Select Create Year, and then enter 12M as the Period Length.
B) Select Create Year, and then enter 12 in the No. of Periods field. Enter 1M in the Period Length field on the Create Fiscal Year window.
C) Create 12 new months, and then check the Date Locked field on the last month of year.
D) Select Create Year, and then enter 12 in the No. of Periods field and Month in the Period Length field on the Create Fiscal Year window.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: A,C
Question # 5
Answer: B

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