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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. Which two statements about cash flow forecasting are true? (Each correct answer presents part of the solution. Choose two.)

A) Payment terms set on customers and vendors are considered when creating cash flow entries.
B) General ledger account balances are used in the cash flow ledger entries calculation.
C) Discount options are considered when creating cash flow entries.
D) The Suggest Worksheet Lines batch job calculates and posts the Cash Flow Worksheet lines into the cash flow forecast.

2. A user posts a fixed asset (FA) appreciation of $20,000 on fixed asset X.
The value of this appreciation must also be taken into account o the next monthly depreciation calculation.
You need to ensure that the added value of fixed asset X is depreciated over time. You enable Part of Depreciable Basis for the FA posting type Appreciation.
Where is the correct location to set up the depreciable basis?

A) Depreciation books
B) Fixed asset cards
C) Fixed assets setup
D) FA G/L journals

3. You post a physical inventory journal line in the warehouse module. This posting creates a G/L entry. General posting groups X and Y are available to accommodate the resulting G/L entry.
Which set of general posting groups on the General Posting Setup window is used to create the G/L entry records?

A) General Business Posting.Group <BLANK> and General Product Posting Group
B) General Business Posting.Group X and General Product Posting Group <Blank>
C) General Business Posting.Group <Blank> and General Product Posting Group <Blank>
D) General Business Posting.Group X and General Product Posting Group Y

4. How do you set up a recurring journal that, after the initial posting, always posts on the last day of every month?

A) Enter CM+1M in the Recurring Method field.
B) Enter 1M+CM in the Recurring Frequency field.
C) Enter 1M+CM in the Recurring Method field.
D) Enter CM+1M in the Recurring Frequency field.

5. 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 under which currency conversion rounding errors are repaired.
B) It determines the threshold over 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.

Solutions: