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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

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

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

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

3. You have the rule:
Cost Type Balance = Cost Center Balance + Cost Object Balance
Which two statements are true? (Each correct answer presents part of the solution. Choose two.)

A) All cost entries are linked to either a cost center or a cost object.
B) All cost entries are linked to both a cost center and a cost object.
C) All cost types are linked to either a cost center or a cost object.
D) All cost types are linked to both a cost center and a cost object.

4. Which window is not an option for analyzing cash flow?

A) Cash Flow Date List
B) Cash Flow Report Selection
C) Cash Flow Account Schedule
D) Cash Flow Ledger Entries

5. You are registering an acquired fixed asset.
You need to post the acquisition cost to the fixed asset (FA) ledger entries and the G/L entries.
What steps should you take?

A) Register the acquisition cost in a FA reclassification journal line and post the journal.
B) Register the acquisition cost in a G/L journal line and post the journal.
C) Register the acquisition cost in a purchase invoice line and post the purchase invoice.
D) Register the acquisition cost in an FA journal line and post the journal.

Solutions: