Free Microsoft MB7-701 Exam Dumps Questions & Answers


Exam Code/Number:	MB7-701Join the discussion
Exam Name:	Microsoft Dynamics NAV 2013 Core Setup and Finance
Certification:	Microsoft
Free Question Number:	78
Publish Date:	Aug 05, 2026
# of views:	2500
Rating 100%

Page: 1 / 16
Total 78 questions

Question 1

What are the components of an account schedule?

A.A schedule name, a list of G/L accounts, and a column layout
B.A schedule name, a list of lines, and a column layout
C.An analysis view name, a list of lines, and a defined list of G/L accounts
D.An analysis view name, a defined list of G/L accounts, and a column layout

Question 2

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

Question 3

When creating purchase orders and purchase invoices, a company requires entering the order number, invoice number, vendor number, vendor order number, vendor invoice number, and item numbers.
You need to check the details related to a posted vendor's invoice by using the Navigate function. What should you do?

A.On the Source Tab, enter the vendor number and vendor invoice number.
B.On the External Tab, select Vendor in the Business Contact Type field, and enter the vendor invoice number.
C.On the Item Tracking Tab, select Vendor in the Business Contact Type field, and enter the item number.
D.On the General Tab, select Vendor in the Business Contact Type field, and enter the vendor invoice number.

Question 4

Which window is not an option for analyzing cash flow?

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

Question 5

When posting a sales order, a user receives the following error message: "COGS Account must have a unique value in General Posting Setup: Gen.Bus.Posting Group=NATJONAL, Gen. Prod. Posting Group=RETAIL. It cannot be zero or empty."
You need to resolve the error message by adding a ledger account number in the COGS Account field.
Which page should you use?

A.Inventory Posting Setup
B.General Business Posting Group
C.General Posting Setup
D.General Product Posting Group