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Microsoft MB7-701 Exam - Cheat-Test.com

Free MB7-701 Sample Questions:

Q: 1
Your role as Systems Administrator includes the management of the company’s Microsoft Dynamics NAV 2013 system. The Finance Manager informs you that the Responsibility Center field in the customer list is not used and is therefore not required. The Finance Manager asks you if you can remove the Responsibility Center field.
How can you remove the Responsibility Center field?
A. By selecting the field and press the Delete key on your keyboard.
B. By right-clicking on the field and selecting the Select Columns option. Then you can select the Responsibility Center field and click Remove.
C. The default fields cannot be removed.
D. By right-clicking on the field and selecting Delete option.
Answer: B

Q: 2
You work as the Financial Manager for a company named ABC.com. The company uses a Microsoft Dynamics NAV 2013 system. You are currently viewing the Chart of Accounts page in Microsoft Dynamics NAV 2013.
Which two of the following statements about the Begin-Total and End-Total accounts are true? (Choose two)
A. They enable you to total up multiple G/L accounts.
B. They enable you to compare G/L account balances from different months.
C. They can be used to make the Chart of Accounts easier to read by applying indentation.
D. They can be used to group G/L accounts by dimensions.
Answer: A,C

Q: 3
You work as the Financial Manager for a company named ABC.com. The company uses a Microsoft Dynamics NAV 2013 system. You create a purchase order. The payment terms are 14D and the due date is July 30th.
Which of the following is correct?
A. The work date is July 5. The order date is July 10. The document date is July 15. The posting date is July 17.
B. The work date is July 10. The order date is July 17. The document date is July 18. The posting date is July 19.
C. The work date is July 5. The order date is July 10. The document date is July 17. The posting date is July 18.
D. The work date is July 17. The order date is July 18. The document date is July 19. The posting date is July 20.
Answer: C

Q: 4
You work as the Financial Manager for a company named ABC.com. The company uses a Microsoft Dynamics NAV 2013 system. You are configuring depreciation/appreciation for fixed assets. One of the company’s assets consists of multiple parts from different vendors. The parts have different depreciation methods.
How should you manage the asset in Microsoft Dynamics NAV 2013?
A. You should create a fixed asset card for each component of the asset and another fixed asset card for the asset.
B. You should create a fixed asset card for each component of the asset and create an FA class for the asset.
C. You should configure FA subclasses to connect the components and configure an FA class to connect to the FA subclasses.
D. You should create a fixed asset card for the asset and configure a main asset component for each component.
Answer: C

Q: 5
Your role as Systems Administrator includes the management of the company’s Microsoft Dynamics NAV 2013 system. You have been asked to record maintenance costs. You open the Fixed Asset Journal.
Which field should you set?
A. Under Maintenance
B. Last Date Modified
C. FA Location Code
D. FA Posting Type
E. Warranty Date
F. FA Class Code
Answer: D


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