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Microsoft MB7-701 : Microsoft Dynamics NAV 2013 Core Setup and Finance

MB7-701

Exam Code: MB7-701

Exam Name: Microsoft Dynamics NAV 2013 Core Setup and Finance

Updated: May 29, 2026

Q & A: 78 Questions and Answers

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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. You need to differentiate the depreciation of a fixed asset for income taxes and your internal financial statement. What two actions can you take? (Each correct answer presents a complete solution. Choose two.)

A) Enter the Duplicate in Depreciation Book on the journal line.
B) Enable the Part of Duplication List option in the depreciation book.
C) Enable the C/I Integration option in both depreciation books.
D) Apply the DB1/SL or DB2/SL depreciation methods.


2. You need to zoom in on the Item List page in the RoleTailored client so that you can view all available fields and their values at the same time.
What should you do?

A) Press SHIFT+CTRL+Z
B) Press CTRL+Z
C) Right-click anywhere on the page and select Zoom
D) Expand the Table Fields FastTab on the About This Page window


3. You need to record maintenance costs using the fixed asset journal. Which field should you set?

A) FA Posting Type
B) Maintenance Vendor No
C) Under Maintenance
D) Next Service Date


4. 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) General Posting Setup
B) General Business Posting Group
C) General Product Posting Group
D) Inventory Posting Setup


5. A customer is using the default sales order Role Center profile.
In the ribbon, the sales invoice is displayed as a large icon and the sales order as a small icon.
The user needs to display the sales order icon as a large icon.
What should you tell the user to do?

A) The user cannot change the icon size in the RoleTailored client, but can do this in the Microsoft Dynamics NAV Development Environment.
B) Right-click the ribbon, click Sales Order, and select the large icon size.
C) The user cannot change the icon size since this requires administrator rights.
D) Right-click the ribbon, click Customize Ribbon, click Sales Order, and select the large icon size.


Solutions:

Question # 1
Answer: A,B
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: D

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