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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. What are the components of an account schedule?

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

2. How do you prevent users from posting transactions into a prior accounting period?

A) Check the Closed field in the relevant accounting period record.
B) Check the Date Locked field in the relevant accounting period record.
C) Populate the Allow Posting From field on the General Ledger Setup window.
D) Populate the Allow Posting To field on the General Ledger Setup window.

3. A company requires a 10% prepayment for all new customers before shipping their orders. Which steps should you take to enable this?

A) Create a customer price group with a Prepayment ? of 10 and select Check Prepmt. WhenPosting in the Sales & Receivables Setup window.
B) Create a customer posting group with a Prepayment % of 10 and enable Check Prepmt. When Posting in the General Ledger Setup window.
C) Create a customer posting group with a Prepayment % of 10 and enable Check Prepmt. WhenPosting in the Sales & Receivables Setup window.
D) Create a customer price group with a Prepayment ? of 10 and set the Blocked field to Ship on the Customer Card window.

4. A company has a large number of part-time employees, each working a different number of hours every week. The payroll expense for these employees must be recorded weekly. You set up a recurring journal.
Which Recurring Method should you use to record the payroll expenses?

A) Reversing Fixed
B) Variable
C) Fixed
D) Balance

5. A user enters thl2 into a document date field. Which calendar date is the result of this entry?

A) Next Thursday the twelfth day of the month in the current year
B) Next Thursday of the current week in 2012
C) The first Thursday of the twelfth month
D) Thursday in week number 12 in the current year

Solutions: