Microsoft MB7-701 Exam Overview:
| Certification Vendor: | Microsoft |
| Exam Name: | Microsoft Dynamics NAV 2013 Core Setup and Finance |
| Exam Number: | MB7-701 |
| Certificate Validity Period: | Retired (no longer active certification) |
| Real Exam Qty: | 40-60 |
| Passing Score: | 700 (on a 1000 scale) |
| Exam Price: | USD 165 (may vary by region) |
| Available Languages: | English |
| Exam Format: | Multiple choice, Case studies, Scenario-based questions |
| Exam Duration: | 120 minutes |
| Related Certifications: | Microsoft Certified Solutions Associate (MCSA): Dynamics NAV 2013 Microsoft Certified Professional (MCP) |
| Sample Questions: | Microsoft MB7-701 Sample Questions |
| Exam Way: | Proctored exam (online or authorized testing center, depending on availability at the time of operation) |
| Pre Condition: | Recommended: basic knowledge of Microsoft Dynamics NAV and accounting principles |
| Official Syllabus URL: | https://learn.microsoft.com/en-us/credentials/certifications/ |
Microsoft MB7-701 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Inventory and Resource Management | - Inventory setup
|
| Topic 2: Microsoft Dynamics NAV Installation and Setup | - System requirements and installation planning
|
| Topic 3: Reporting and Analysis | - Data analysis tools
|
| Topic 4: Core Financial Processes | - Cash and bank management
|
| Topic 5: Financial Management Setup | - Posting and accounting setup
|
Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:
1. A fixed asset with a book value of $1000 is depreciated to an expected salvage value of S100 in 48 time periods.
The depreciation amount must be the same each period.
Which depreciation method should you assign to the depreciation book?
A) Half-Year Convention
B) DB2/SL
C) Declining-Balance 1
D) Straight-Line
2. 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) Fixed
C) Balance
D) Variable
3. Which options can be compared by the Budgets feature in Microsoft Dynamics NAV?
A) G/L accounts, periods, and analysis views
B) G/L accounts, periods, and global dimensions
C) Departments, projects, and G/L accounts
D) Departments, projects, and customer groups
4. What is the main purpose of the Item Category Code field?
A) To create templates with pre-defined values so users do not have to enter posting groups when setting up an item card
B) To group items so that it is easier to filter them
C) To enable users to run the Post Inventory Cost to C/I batch job
D) To group items when printing statistics reports
5. A company has users that have only infrequent access to Microsoft Dynamics NAV. These users bring their own laptops, which are not part of the client network. These users have not been added to Active Directory.
You need to set up authentication for these users.
Which type of user authentication should you use?
A) UserName
B) SQL Server
C) Windows
D) NavUserPassword
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |


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