pass4sure microsoft MB7-638 v2.83

NAV 5.0 Trade & Inventory : MB7-638 Exam
Product DescriptionExam Number/Code: MB7-638
Exam Name: NAV 5.0 Trade & Inventory

“NAV 5.0 Trade & Inventory”, also known as MB7-638 exam, is a Microsoft certification. With the complete collection of questions and answers, Pass4sure has assembled to take you through 60 Q&As to your MB7-638 Exam preparation. In the MB7-638 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 and Discounts, and Order Promising (24 percent)
Sales Setup
Blanket Orders
Sales Orders
Drop Shipments
Item Reservations
Order Posting
Prices and Discounts
Line and Invoice Discounts
Item Substitution
Item Cross-Reference
Nonstock Items

• Purchase Orders and Requisitions (19 percent)
Purchases Setup
Managing Purchase Transactions
Requisition Management Setup
Requisition Worksheet

• Prepayments, Item Charges, Promise Orders, and Returns (17 percent)
Setting Up Prepayments
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 Reports (8 percent)
Analysis Reports
Analysis by Dimensions
Sales and Purchase Budgets

• Inventory (32 percent)
Inventory Availability
Reservations
Order Tracking
Setting Up a Company with Multiple Locations
Selling and Purchasing in a Company with Multiple Locations
Controlling Inventory at Multiple Locations
Setting Up Transfers
Transferring Items Between Locations
Viewing Items in Transit
Setting Up Warehousing
Receiving and Putting Away
Packing and Shipping
Movements and Adjustments
Physical Inventory
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 Dynamics NAV 5.0 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 5.0
• Microsoft Certified Business Management Solutions Professional – Installation and Configuration for Microsoft Dynamics NAV 5.0
• Microsoft Certified Business Management Solutions Professional – Developer for Microsoft Dynamics NAV 5.0
Preparation tools and resources
To help you prepare for this exam, Microsoft Learning recommends that you have hands-on experience with the product and that you use the following training resources. These training resources do not necessarily cover all of the topics listed in the “Skills measured” section.

Training materials for this exam

Training materials for Microsoft Dynamics can be ordered through your local partner.

• Course 8939: Trade in Microsoft Dynamics NAV 5.0

• Course 8611: Inventory Management in Microsoft Dynamics NAV 5.0

Classroom training for this exam

• Course 8939: Trade in Microsoft Dynamics NAV 5.0

• Course 8611: Inventory Management in Microsoft Dynamics NAV 5.0

Microsoft online resources

• TechNet: Designed for IT professionals, this site includes how-to instructions, best practices, downloads, technical resources, newsgroups, and chats.

• MSDN: Designed as a reference for developers, the Microsoft Developer Network (MSDN) features code samples, technical articles, newsgroups, chats, and more.

• Microsoft Learning Community: Join newsgroups and visit community forums to connect with your peers for suggestions on training resources and advice on your certification path and studies.

Skills measured
This certification exam measures your ability to do the following:

• Sell, implement, and support Microsoft Dynamics NAV, with a focus on trade and inventory

Exam specifics
Time requirements and questions

• 90 minutes to complete the exam

• 59 questions, with a passing rate of 70 percent

• Multiple choice and multiple answer questions

Registration

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Question: 1
Where does nonstock item processing allow the user to enter an item? Choose the 3 that apply.

A. On a quote
B. On a sales order
C. On an invoice
D. On a customer card
Answer: A, B, C Question: 2
The Unit Price on all Item cards needs to be raised by 10%. Which of the following batch jobs can do this?

A. Implement Price Change
B. Post Inventory Cost to G/L C. Adjust Cost – Item Entries D. Adjust Item Costs/Prices
Answer: D Question: 3
Which two ways are used to create a purchase order that links to the sales order for drop shipment? Choose the 2 that apply.

A. Manually, by creating a purchase order directly. B. Automatically, through a requisition worksheet. C. There is no way to do it.
D. By using the drop shipment function from the sales order.
Answer: A, B Question: 4
To instruct the program to post a sales line discount to a separate General Ledger account from the sales amount, the user must:

A. Select the corresponding option on the sales line before posting the order. B. Set this option up per individual line in the Sales Line Discount table.
C. Select the corresponding option in Sales & Receivables Setup.
D. It is not possible, as discounts are always posted as part of a total sales amount.
Answer: C Question: 5
The setup for date calculations on the SALES side consists of which of the following elements? Choose the 3 that apply.

A. The Outbound Warehouse Handling Time setup
B. The Shipping Time setup
C. The Lead Time Calculation setup
D. The Availability Test Interval setup

Answer: A, B, D Question: 6
Page 1 of 13

Exam Name: NAV 5.0 Trade & Inventory
Exam Type: Microsoft
Exam Code: MB7-638 Total Questions 60

A sales order is created for an item; however, the requested delivery date cannot be met because
the item is not available in inventory, and there are no inbound orders scheduled. What functions needs to be run to find out when the order can be delivered?
A. Available-to-Promise B. Capable-to-Promise C. Order Processing
D. Calculate Plan
Answer: B Question: 7
To set up a special sales price for an individual customer, the user must do which of the following?

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: 8
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 Question: 9
If a customer does not request a delivery date for its orders, how does the program calculate the
earliest delivery date for the orders?

A. The program sets the shipment date equal to the system date.
B. The program sets the shipment date equal to the current working date. C. The program sets the shipment date equal to the availability date.
D. The program sets the shipment date equal to the planned delivery date.
Answer: B Question: 10
Which of the following statements are true of the Available to Promise (ATP) concept of the order promising feature? Choose the 2 that apply.

A. It uses entries in the inventory reservation system.
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Questions and Answers : 60 Q&As Expected Date: October 22nd , 2008 Price: $159.99 $125.99 Pre-Buy price: $88.19 Save $37.8

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