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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. You implement the following rule in the Cost Accounting module: Income (G/L) = Operational Value + Actual Accruals
Which two statements are always true? (Each correct answer presents part of the solution. Choose two.)

A) Non-G/L-related cost postings are always posted with a single balancing account.
B) Non-G/L-related cost postings are always posted to a cost center and a cost object.
C) AllG/Lentries from income statements are transferred.
D) G/Laccounts of type Balance Sheet are not transferred.

2. You create a sales quote, your customer accepts the quote, and you convert the quote to an order. Which statement is true?

A) The new order keeps the Document Date from the quote. The order lines are updated with the unit prices from the item cards.
B) The new order keeps the Document Date from the quote, and the Order Date is the same as the Document Date from the quote. The order lines are not updated with the unit prices from the item cards.
C) The new order keeps the Document Date from the quote, and the Order Date is the same as the work date. The order lines are not updated with the unit prices from the item cards.
D) The new order's Document Date and Order Date are the same as the work date. The order lines are updated with the unit prices from the item cards.

3. 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) Group G/L accounts with the same dimensions.
C) Compare the G/L balance in different time periods.
D) View the total for a range of G/L accounts.

4. A customer does not need the Responsibility Center and Location Code fields on the customer list and asks you to remove them. What should you do to remove these fields?

A) Right click one of the two fields, click Select Columns, select the two fields you want to remove, and then click the Remove button.
B) The two fields can be deleted only in the Microsoft Dynamics NAV Development Environment.
C) Select the field you want to remove on the customer card and click Delete in the ribbon
D) Right-click each of the fields and select Delete in the pop-up menu

5. Which statement about cost allocations is true?

A) The total allocation percentage is always 100, and a time period applies to cost allocations.
B) Cost allocations can be nested, and a cost allocation can have a fixed amount.
C) A cost allocation can have a fixed amount, and the total allocation percentage is always
100.
D) A cost allocation can have a fixed amount and a time period applies to cost allocations.

Solutions: