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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:
1. What effect does the Additional Reporting Currency field in the General Ledger Setup window have when running the Close Income Statement batch job?
A) The closing income general journal will be created in the currency specified in the Additional Reporting Currency field.
B) The Close Income Statement batch job is prevented from running if the Additional Reporting Currency field is populated.
C) It has no effect.
D) The closing income general journal will be created and then posted automatically.
2. Which settings should you use to allow value added tax (VAT) differences in purchase documents?
A) Full VAT on the VAT Posting Setup window and Allow Vat Difference on the Purchases and Payables Setup window
B) Max. VAT Difference Allowed on the General Ledger Setup window and Allow Vat Difference on the General Journal Templates window
C) Max. VAT Difference Allowed on the General Ledger Setup window and Allow Vat Difference on the Purchases and Payables Setup window
D) Max. VAT Difference Allowed on the General Ledger Setup window and Full VAT on the VAT Posting Setup window
3. How many dimensions can you use as a filter in the G/L Budgets window?
A) 8
B) 4
C) 2
D) 6
4. Which two statements about fixed assets insurance are true? (Each correct answer presents a complete solution. Choose two.)
A) Depreciation books and insurance depreciation books are identical.
B) Running the Insurance - Uninsured FAs report creates a list of fixed assets that are not covered by insurance.
C) The posting fields on each insurance card must be populated before posting to a G/L.
D) Each insurance card must be linked to a predefined insurance type.
5. A company has four open invoices, as described in the following table:
All invoices are due on the same date, but you have only (LCY) 2000. Vendors B and C have been configured with a Priority of 1. You open the Suggest Vendor Payments batch job, select the Use Vendor Priority check box, and enter 2000 in the Available Amount (ICY) field.
Which invoices are suggested for payment after running the Suggest Vendor Payments batch job?
A) Invoices 1 and 3
B) Invoice 1 only
C) Invoices 3 and 4
D) Invoice 3 only
Solutions:
Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A,B | Question # 5 Answer: C |