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Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

1. How many dimensions can you use as a filter in the G/L Budgets window?

A) 8
B) 6
C) 4
D) 2

2. You need to turn in your periodical value added tax (VAT) declaration. Where can you report the tax amounts to be settled?

A) VAT exceptions
B) VAT statements
C) VAT adjustments
D) VAT registers

3. Why should you close a fiscal year?

A) to post in a new year
B) to run the batch jobs Post Inventory Cost to G/L and Adjust Exchange Rate
C) to use P1 through P12 when printing reports
D) to ensure that balances are displayed only for the open year

4. Which window is not an option for analyzing cash flow?

A) Cash Flow Account Schedule
B) Cash Flow Date List
C) Cash Flow Report Selection
D) Cash Flow Ledger Entries

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

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

Solutions: