Microsoft Microsoft Business Solutions MB7-515 Exam

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Exam : Microsoft MB7-515
Title : NAV 5.0 Financials


1. What is the minimum acceptable level of security that requires that each user is assigned an ID and a password?
A. Record level security
B. Company level security
C. Table level security
D. Database level security
Answer: D

2. When you have selected the Recurring Method of Reversing Fixed on a recurring journal line, the program will post a reversing entry on what date?
A. The Posting Date + one month
B. The same date as the Posting Date on the journal line
C. The date after the Posting Date on the journal line
D. The Posting Date + the date formula in the Recurring Frequency field
Answer: C

3. If you want to post a recurring journal entry on the last day of every month, how can you fill in the Recurring Frequency field in the recurring journal?
A. 1M+1D
B. 1M
C. 1M+CM
D. CM+1D
Answer: C

4. Which of the following statements is TRUE about dimensions?
A. All dimensions are stored directly on the G/L entries.
B. Only global dimensions are stored directly on the G/L entries.
C. Only budget dimensions are stored directly on the G/L entries.
D. Only shortcut dimensions are stored directly on the G/L entries.
Answer: B

5. Dimension Priorities for Sales Journal entries are set as "2" for the Item table and "1" for the Customer table. What is the effect?
A. If the Dimension code has a value from the Customer Table and the Item Table, then the Customer table takes priority.
B. If the Dimension code has a value from the Item Table and the Customer Table, then the Item Table takes priority.
C. The program will resolve the conflict in favor of the last entered account.
D. The Item Table always takes precedence.
Answer: A