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The moment your payment clears, your MB7-701 practice questions are already on their way — 2Pass4sure delivers by email within one minute. No shipping, no waiting: download the Microsoft Dynamics NAV 2013 Core Setup and Finance package and start working through 78 practice questions tonight.

Microsoft MB7-701 Exam Overview:

Certification Vendor:Microsoft
Exam Name:Microsoft Dynamics NAV 2013 Core Setup and Finance
Exam Number:MB7-701
Exam Price:USD 165 (may vary by region)
Certificate Validity Period:Retired (no longer active certification)
Real Exam Qty:40-60
Available Languages:English
Exam Duration:120 minutes
Related Certifications:Microsoft Certified Professional (MCP)
Microsoft Certified Solutions Associate (MCSA): Dynamics NAV 2013
Passing Score:700 (on a 1000 scale)
Exam Format:Scenario-based questions, Multiple choice, Case studies
Sample Questions: DOWNLOAD DEMO
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:

SectionObjectives
Financial Management Setup- General Ledger configuration
  • 1. Chart of accounts setup
    • 2. Posting groups and dimensions
      - Posting and accounting setup
      • 1. VAT and tax configuration
        • 2. Posting setup rules
          Reporting and Analysis- Data analysis tools
          • 1. Dimensions analysis
            • 2. Business intelligence integration
              - Financial reporting
              • 1. Account schedules
                • 2. Standard financial statements
                  Inventory and Resource Management- Inventory setup
                  • 1. Item cards and categories
                    • 2. Inventory posting setup
                      - Costing and valuation
                      • 1. Costing methods
                        • 2. Inventory valuation and adjustments
                          Core Financial Processes- Cash and bank management
                          • 1. Cash flow management
                            • 2. Bank account setup and reconciliation
                              - Accounts Payable and Receivable
                              • 1. Invoice and payment processing
                                • 2. Vendor and customer management
                                  Microsoft Dynamics NAV Installation and Setup- Company and environment configuration
                                  • 1. User setup and permissions
                                    • 2. Creating and configuring companies
                                      - System requirements and installation planning
                                      • 1. Installation components and architecture
                                        • 2. Hardware and software prerequisites

                                          Microsoft MB7-701 Exam: Everything You Wanted to Ask

                                          The MB7-701 exam is the official Microsoft exam for Microsoft Dynamics NAV 2013 Core Setup and Finance. Passing it earns you the Microsoft Dynamics NAV 2013 credential, which sits at the Professional level. It is also connected to Microsoft Certified Solutions Associate (MCSA): Dynamics NAV 2013, Microsoft Certified Professional (MCP), so what you learn carries over if you plan to pursue those paths as well. Employers treat the certification as verified proof of skill, which is why structured preparation with 2Pass4sure's practice questions pays off.

                                          The MB7-701 exam contains 40-60 questions, and the time limit is 120 minutes. Translate that into a pacing plan before exam day: know roughly how long you can afford per item, flag anything that stalls you, and circle back at the end instead of burning minutes. Two or three full timed sessions in 2Pass4sure's test engine will teach you that rhythm far better than untimed reading ever will.

                                          The passing score for the MB7-701 exam is 700 (on a 1000 scale), and the official registration fee is USD 165 (may vary by region). Remember that a failed attempt means paying that fee again in full for a retake, so treat self-assessment as part of the budget: run 2Pass4sure's practice questions under timed conditions and only book your seat once your scores sit comfortably above the passing bar.

                                          Recommended: basic knowledge of Microsoft Dynamics NAV and accounting principles Eligibility details can change, so before you register, confirm the current requirements on the official exam page: https://learn.microsoft.com/en-us/credentials/certifications/.

                                          Yes. 2Pass4sure offers a free PDF demo of the Microsoft Dynamics NAV 2013 Core Setup and Finance practice questions on the samples page, so you can judge the format and quality yourself before paying anything. Every purchase also includes 365 days of free updates, and after the product expires you can extend the update service at a 50% discount from within your member zone.

                                          If you take the corresponding exam within 60 days of purchase and do not pass, 2Pass4sure backs you with a 100% money-back guarantee. To claim it, submit a scanned copy of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam, and the refund is processed within 7 days. The guarantee does not apply to attempts made within the first 3 days after purchase, to products downloaded without actually sitting the exam, or to free materials and expired orders, and the candidate name must match the payer's name. If you would rather have study material than money, you can instead exchange for two additional exam products of equal value, free of charge, while keeping the update service on your original purchase. Delivery itself is instant: your download is available right after payment and a copy reaches your mailbox within one minute — if nothing arrives within 2 hours, contact customer service. You may install the product on as many computers as you need.

                                          The official Microsoft Dynamics NAV 2013 Core Setup and Finance blueprint is organized into 5 domains. The leading areas are:

                                          • Financial Management Setup
                                          • Microsoft Dynamics NAV Installation and Setup
                                          • Inventory and Resource Management

                                          For the complete domain-by-domain breakdown with every subtopic, see the Exam Topics outline above.

                                          Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

                                          Question 1

                                          A G/L account is used in a customer posting group. Which statement is correct?

                                          A. Generally these G/L accounts are set up with the Blocked field enabled to prohibit manual posting.
                                          B. Generally these G/L accounts are set up to not allow direct posting.
                                          C. Generally these G/L accounts are set up to allow direct posting as well as indirect posting.
                                          D. Generally these G/L accounts are set up to allow only direct posting.


                                          Question 2

                                          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. DB2/SL
                                          B. Declining-Balance 1
                                          C. Half-Year Convention
                                          D. Straight-Line


                                          Question 3

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


                                          Question 4

                                          Which two options do you use to track the maintenance of fixed assets? (Each correct answer presents part of the solution. Choose two.)

                                          A. Under Maintenance and Repair Status Code
                                          B. Maintenance Vendor No. and Next Service Date
                                          C. Maintenance Vendor No. and Service Period
                                          D. Under Maintenance and Warranty Date


                                          Question 5

                                          You need to zoom in on the Item List page in the RoleTailored client so that you can view all available fields and their values at the same time.
                                          What should you do?

                                          A. Press CTRL+Z
                                          B. Right-click anywhere on the page and select Zoom
                                          C. Press SHIFT+CTRL+Z
                                          D. Expand the Table Fields FastTab on the About This Page window


                                          Solutions:

                                          Question 1
                                          Answer: B
                                          Question 2
                                          Answer: D
                                          Question 3
                                          Answer: A
                                          Question 4
                                          Answer: B,D
                                          Question 5
                                          Answer: D

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