Which two actions do the Begin-Total and End-Total accounts on the Chart of Accounts
page enable you to do? (Each correct answer presents a complete solution. Choose two.)

You create a purchase order. The work date is October 25, the order date is October 29, the
document date is November 2, and the posting date is November 3. Payment terms are
14D. Which date is the due date?

Which two statements about cash flow forecasting are true? (Each correct answer presents
part of the solution. Choose two.)

An organization purchases an asset that consists of multiple components. The components
have a different depreciation method and vendor. You need to track the total costs of the
asset. What two actions should you perform? (Each correct answer presents part of the
solution. Choose two.)

Which two statements are true about fixed asset (FA) journals? (Each correct answer
presents a complete solution. Choose two.)

A company purchases 10 laptops and enters them in Microsoft Dynamics NAV as one asset
code X. The company sells one of the laptops after two years. What steps should you take,
in order, to process this change in the Fixed Assets (FA) module?

What are the components of an account schedule?

You are registering an acquired fixed asset. You need to post the acquisition cost to the
fixed asset (FA) ledger entries and the G/L entries. What steps should you take?

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 user must record a journal each month to receive rental payments from customers. The
journal is comprised of lines with different document numbers and amounts. A single deposit
is made to the bank. How should you create the journal template for the user?