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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. A user posts a fixed asset (FA) appreciation of $20,000 on fixed asset X.
The value of this appreciation must also be taken into account o the next monthly depreciation calculation.
You need to ensure that the added value of fixed asset X is depreciated over time. You enable Part of Depreciable Basis for the FA posting type Appreciation.
Where is the correct location to set up the depreciable basis?

A) FA G/L journals
B) Fixed asset cards
C) Depreciation books
D) Fixed assets setup

2. What amounts can you always view and analyze from the Analysis by Dimensions Matrix window?

A) The dimensions defined in the analysis view, Global Dimension 1, and Global Dimension 2
B) Cash flow accounts,G/Laccounts, and period
C) Global Dimension 1, Global Dimension 2, andG/Laccounts
D) The dimensions defined in the analysis view,G/Laccounts, and period

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

4. You set up a G/L account that is used by Microsoft Dynamics NAV sub ledgers such as Customer Item and Vendor entries. How should you prevent users from manually posting entries to this G/L account?

A) Enable the Blocked option on theG/Laccount.
B) Do nothing. This functionality is enabled by default.
C) Disable the Direct Posting option on theG/Laccount
D) Setup restricted dimensions on theG/Laccount.

5. What happens in a general journal when the Amount on all the lines balances to zero?

A) If set up on the journal's batch, the Document No. on the subsequent line is given the next sequential number.
B) The user is asked to confirm if the journal is to be posted now.
C) If set up on the journal's batch, the Posting Date on the subsequent line is incremented by one day.
D) The journal posts automatically.

Solutions: