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Updated: Aug 28, 2026

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Microsoft MB7-701 Exam Overview:

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Certificate Validity Period:Retired (no longer active certification)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

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

                                          Microsoft Dynamics NAV 2013 Core Setup and Finance Sample Questions:

                                          Question 1

                                          How is the Due Date of a Reminder calculated?

                                          A. Reminder Document Date + Reminder Level Due Date Calculation
                                          B. Reminder Document Date + Reminder Level Due Date Calculation + Reminder Level Grace Period
                                          C. Original transaction Document Date+Reminder Level Due Date Calculation + Reminder Level Grace Period
                                          D. Original transaction Document Date + Reminder Level Due Date Calculation


                                          Question 2

                                          You need to set a purchase quote limit for an employee. Which Limit Type should you select in the Approval Templates window?

                                          A. No Limits
                                          B. Request Limits
                                          C. Credit Limits
                                          D. Approval Limits


                                          Question 3

                                          You set up a G/L account that is used by Microsoft Dynamics NAV sub ledgers such as Customer Item and Vendor entries. How should you prevent users from manually posting entries to this G/L account?

                                          A. Do nothing. This functionality is enabled by default.
                                          B. Enable the Blocked option on theG/Laccount.
                                          C. Disable the Direct Posting option on theG/Laccount
                                          D. Setup restricted dimensions on theG/Laccount.


                                          Question 4

                                          You need to differentiate the depreciation of a fixed asset for income taxes and your internal financial statement. What two actions can you take? (Each correct answer presents a complete solution. Choose two.)

                                          A. Enter the Duplicate in Depreciation Book on the journal line.
                                          B. Enable the C/I Integration option in both depreciation books.
                                          C. Enable the Part of Duplication List option in the depreciation book.
                                          D. Apply the DB1/SL or DB2/SL depreciation methods.


                                          Question 5

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


                                          Solutions:

                                          Question 1
                                          Answer: A
                                          Question 2
                                          Answer: A
                                          Question 3
                                          Answer: C
                                          Question 4
                                          Answer: A,C
                                          Question 5
                                          Answer: A

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