pass4sure microsoft MB7-227 v2.83
Navision 4.0 Trade & Inventory Management : MB7-227 Exam
Exam Number/Code: MB7-227
Exam Name: Navision 4.0 Trade & Inventory Management
VUE Code: NAV 40-227
Questions Type: Multiple choice,
Real Exam Question Numbers: 50 Questions
Passing Scores: 70%
Exam Language(s): English,Portuguese ,Polish,Norwegian,Estonian ,Finnish ,French ,German ,Italian,Latvian ,Lithuanian ,Spanish ,Danish ,Russian,Swedish ,Dutch, Czech
“Navision 4.0 Trade & Inventory Management”, also known as MB7-227 exam, is a Microsoft certification.
Preparing for the MB7-227 exam? Searching MB7-227 Test Questions, MB7-227 Practice Exam, MB7-227 Dumps?
With the complete collection of questions and answers, Pass4sure has assembled to take you through 167 questions to your MB7-227 Exam preparation. In the MB7-227 exam resources, you will cover every field and category in Microsoft Business Solutions helping to ready you for your successful Microsoft Certification.
Exam topics covered
The following list includes the topic areas covered on this exam. The percentage indicates the portion of the exam that addresses a particular skill.
• Sales Orders, Prices, Discounts, and Customer Service (20 percent)
Sales Setup
Blanket Orders
Sales Orders
Drop Shipments
Item Reservations
Order Posting
Sales Prices
Line and Invoice Discounts
Item Substitution
Item Cross-Reference
Nonstock Items
• Purchase Orders and Requisition Management (14 percent)
Purchases Setup
Managing Purchase Transactions
Purchase Prices and Discounts
Requisition Management Setup
The Requisition Worksheet
• Item Charges, Order Promising, and Returns (22 percent)
Setting Up Item Charges
Purchase Item Charges
Sales Item Charges
Purchase and Sales Allowances
Promising Orders to Customers
Estimating Order Receipt
Setting Up Returns Management
Managing Returns from Customers
Managing Returns to Vendors
• Analysis and Reporting (8 percent)
Analysis Reports
Analysis by Dimensions
Sales and Purchase Budgets
• Inventory, Warehousing, and Item Tracking (36 percent)
• Ensuring Reliable Inventory Availability
Inventory Availability
Reservations
Order Tracking
• Inventory at Multiple Locations
Setting Up a Company with Multiple Locations
Selling and Purchasing in a Company with Multiple Locations
Controlling Inventory at Multiple Locations
• Location Transfers
Setting Up Transfers
Transferring Items Between Locations
Viewing Items in Transit
• Warehousing
Setting Up Warehousing
Receiving and Putting Away
Picking and Shipping
Movements and Adjustments
Physical Inventory
• Item tracking
Setting Up Item Tracking
Handling Items with Serial and Lot Numbers
Tracking Items with Serial and Lot Numbers
Handling and Tracking Items with Warranty and Expiration
Transferring Items with Serial and Lot Numbers
Audience profile
Individuals who want to obtain a certification on Microsoft Business Solutions – Navision (now Microsoft Dynamics NAV) 4.0 Trade and Inventory should take this exam.
Credit toward certification
When you pass this exam, you earn credit toward the following certifications:
• Microsoft Certified Business Management Solutions Specialist
• Microsoft Certified Business Management Solutions Professional – Applications for Microsoft Dynamics NAV
• Microsoft Certified Business Management Solutions Professional – Developer for Microsoft Dynamics NAV
• Microsoft Certified Business Management Solutions Professional – Installation and Configuration for Microsoft Dynamics NAV
Preparation tools and resources
In addition to your hands-on experience working with the product, we highly recommend that you use the following tools and training to help you prepare for this exam.
E-Learning courses for this exam
• Collection 8324: Introduction to Microsoft Dynamics NAV 4.0
• Collection 8390: Inventory Management in Microsoft Dynamics NAV 4.0
• Collection 8362: Trade in Microsoft Dynamics NAV 4.0
Training materials for this exam
Training materials for Microsoft Dynamics can be ordered through your local partner.
• Microsoft Business Solutions – Navision 4.0 Introduction
• Microsoft Business Solutions – Navision 4.0 Inventory Management
• Microsoft Business Solutions – Navision 4.0 Trade
Classroom training for this exam
• 8324: Microsoft Business Solutions – Navision 4.0 Introduction
• 8390: Microsoft Business Solutions – Navision 4.0 Inventory Management
• 8362: Microsoft Business Solutions – Navision 4.0 Trade
Supplemental learning resources
• Online Help within the Microsoft Dynamics NAV 4.0 product
Additional skills recommended
• General working knowledge of Microsoft Windows 98, Windows 2000, or Windows XP
• Knowledge of the installation process
• Understanding of accounting rules and practices
Microsoft online resources
• MSDN: The Microsoft Developer Network (MSDN) is a reference for developers that features code samples, technical articles, newsgroups, chats, and more.
• Training and certification newsgroups: There is a newsgroup for every Microsoft certification. By participating in the ongoing dialogue, you take advantage of a unique opportunity to exchange ideas with and ask questions of others, including more than 750 Microsoft Most Valuable Professionals (MVPs) worldwide.
Skills being measured
This certification exam measures your ability to do the following:
• Understand and articulate how to set up and effectively use the trade and inventory modules in Microsoft Dynamics NAV 4.0.
Exam specifics
Time requirements and questions
• 90 minutes to complete the exam
• 50 questions, with a passing rate of 70 percent
• Multiple choice and multiple answer questions
Registration
Register for Exam #MB7-227, Microsoft Business Solutions – Navision 4.0 Trade and Inventory.
• Register now (Prometric.com)
Question: 1
What are all the areas where you can reserve items from?
A – Planned stock with forecasted items
B – Existing stock (represented as item ledger on the line)
C – Open purchase orders, transfer orders or production orders
D – Existing stock (represented as item ledger on the line), open purchase orders, transfer orders, production orders or purchase returns
Answer: D Question: 2
What is a blanket sales order for?
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A – It represents a framework for a long-term agreement between the company and a customer
B – It is used instead of sales orders
C – It is not used at all, it is only for learning how to create sales orders
D – Such document does not exist
Answer: A Question: 3
To manage sales prices in Microsoft Navision in a consistent manner, companies with extensive and complicated price structures are recommended to store all their price-related information:
A – In the Sales Prices table only
B – On the item cards
C – Both in the Sales Prices table and item cards
D – In the Sales Prices Worksheet
Answer: A Question: 4
What types of item numbers does item cross reference allow to be set up for cross reference?
A – Blank
B – Vendor C – Barcode D – Item
Answer: A, B, C Question: 5
When suggesting a price on a sales line, the program uses the Best Price principle. The best price is defined as:
A – The lowest possible price specified in the sales price table
B – The lowest possible price with the highest permissible line discount on the order date
C – The price that has the most predefined parameters that have to be fulfilled before a special price can be granted
D – The lowest possible price with the highest permissible line and invoice discount on the order date
Answer: B
TK
Question: 6
What is the Item Substitutions granule used for?
A – With this granule companies can link items with the same or similar characteristics
B – With this granule companies can link item with different characteristics
C – With this granule companies can link vendors with the same or similar items
D – With this granule companies can link vendors with different items
Answer: A Question: 7
Is numbering sequence provided for non stock items?
A – Yes, the program allows the user to set up the numbering sequence for non stock items
B – No, there is no such possibility in the program for non stock items
C – Such functionality is available only for inventory items
D – Such functionality becomes available for non stock items only when they become inventory
Items
Answer: A Question: 8
You want to raise the Unit Price on all Item cards by 10%. Which of the following batch jobs can do this for you?
A – Implement Price Change
B – Post Inventory Cost to G/L C – Adjust Cost – Item Entries D – Adjust Item Costs/Prices
Answer: D Question: 9
In Microsoft Navision, to set up a special sales price for an individual customer, the user must:
A – Create a record specifying a sales price for the customer in question in the Sales Price table
B – First assign the customer in question to a group and then set up a special price for this group
C – Create a record specifying a sales price for the customer in question in the item customer catalog
D – Update the price information on the item card
Answer: A Question: 10
An item sales price is based on: An item? sales price is based on:
A – A percent value
B – A monetary value
C – Both a monetary and percent value
D – The item unit price The item? unit price
Answer: B Question: 11
Successful use of the Requisition Management granule requires setup in what areas?
A – The requisition worksheet template
B – Customer card
C – The planning parameter fields on items and stock keeping units
D – The Substitute No. field in the Non stock Item table
Answer: A, C Question: 12
Which of the following requisition worksheet features is used for handling transactions in which a vendor delivers sold goods directly to the customer?
A – Drop Shipment Lines
B – Planning Worksheet Lines
C – Manually Created Lines
D – Calculate Plan
Answer: A Question: 13
Can purchase orders be received and/or invoiced partially?
A – Yes, both received and invoiced
B – No
C – Only received partially
D – Only invoiced partially
Answer: A Question: 14
What does the posting function for purchase orders consist of?
A – Receipt posting
B – Invoice posting
C – Receipt and invoice posting
D – One receipt and two invoices posting
Answer: C Question: 15
Where can you access the Purchase Prices window from?
A – Vendor card
B – Item card
C – Customer card
D – Purchase order
Answer: A, B Question: 16
What is the Alternative Order Address granule used for?
A – It supports companies when dealing with vendors which have alternative sites in addition to their main business address
B – It helps order more items with the same or similar characteristics
C – It controls alternative producers of items which vendors may apply to
pass4sure MB7-227 v2.83
Questions and Answers : 167 questions
Updated: 2008-2-11
Market Price: $159.99
Member Price: $125.99
MBS [ MB7-227 ]Navision 4.0 is one of the newest released exams for Microsoft Business Solutions Certificates. MB7-227 Pass4sure build the questions pool immediately after got the news from Microsoft Business Solutions provider, so candicates will get the latest material for preparing this exam from pass4sure. The candidate who successfully passed this exam indicates that he has mastered the knowledge and skills of Navision 4.0 .
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