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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. You create a new customer.
You need to add posting group information.
Which FastTab do you use to add the posting group information?

A) Foreign Trade FastTab
B) Invoicing FastTab
C) Payments FastTab
D) General FastTab

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

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

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

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

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

5. The Source Type field on the G/L Entry table is blank. What does this indicate about the record?

A) It was created when posting a general journal.
B) It was created when posting a fixed asset.
C) It was created when posting a sales invoice or purchase invoice.
D) It was created when posting to a bank account.

Solutions: