On a form/page you could make use of the CaptionClass property. In standard NAV this has been used on the Global Dimensions 1 and 2 fields. The C/SIDE Reference Guide explains a lot about it. Have a look here: http://msdn.microsoft.com/en-us/library/dd355197(v=NAV.60).aspx.
also take a look to the "<Shortcut Dimension 3 Code>" fields on for example Form 55 or field "Shortcut Dimension 1 Code" and then property "CaptionClass". Press there F1 and read the online help to understod how this property works.
Answers
It depends...
For a report you can use textboxes instead of labels. If you can't use this, then have a look at how Dimension Labels change through codeunit 1.
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