Free Microsoft MB7-701 Exam Dumps Questions & Answers

When should you set the Appln. Between Currencies field in the Sales & Receivables Setup window to All?

• A.  When you must post an invoice to a customer in a currency different than that of the customer card.
• B.  When you must apply a customer's payment in a currency different than that of the customer card.
• C.  When you must apply a customer's payment in a currency different than that of the invoice.
• D.  When all invoices must be paid in the same currency as the original invoice.

A customer is using the default sales order Role Center profile.
In the ribbon, the sales invoice is displayed as a large icon and the sales order as a small icon.
The user needs to display the sales order icon as a large icon.
What should you tell the user to do?

• A.  The user cannot change the icon size in the RoleTailored client, but can do this in the Microsoft Dynamics NAV Development Environment.
• B.  The user cannot change the icon size since this requires administrator rights.
• C.  Right-click the ribbon, click Sales Order, and select the large icon size.
• D.  Right-click the ribbon, click Customize Ribbon, click Sales Order, and select the large icon size.

Which source type is not valid to use in cash flow forecasting?

• A.  G/LEntry
• B.  G/L Budget
• C.  Liquid Funds
• D.  Cash Flow Manual Revenue

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

Before posting a sales order invoice into the Financial module, you enter a valid dimension value code for DEPARTMENT and CUSTOMERGROUP in the sales order header. These dimensions, plus an additional dimension value code for PRODUCTGROUP, are entering on the sales order lines.
What dimension information is posted on the value added tax (VAT) entries as a result of the sales order?

• A.  Dimension value codes for each unique posting line
• B.  Dimension set ID
• C.  The valid dimension combinations
• D.  None