Expected MS-700 Exam Topics, as suggested by Microsoft :

• Module1: Configure and manage a Teams environment: It covers networking, security, governance, and collaboration. This topic also focuses on managing teams clients and devices.
• Module 2: Manage teams, channels, chats, and apps: It involves creating teams, managing conversations, and managing apps for Teams. This core topic deals with building and organizing key Teams components.
• Module 3: Manage meetings and calling: This exam topic handles meetings or event administration and phone services for Teams Phone. This communication topic focuses on enabling collaboration through phones.
• Module 4: Monitor, report on, and troubleshoot Teams: The topic Monitor, report on, and troubleshoot Teams deals with monitoring, and reporting. It also discusses and resolving issues related to audio and video.