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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. In Microsoft Dynamics AX 2012, what process allows you to view inconsistencies at the bottom of a printed financial statement?
A) Print the footer section of the financial statement.
B) Create a dimension set section in the row definition.
C) Print the miscellaneous section of the financial statement.
D) Create an exceptionrow type in the row definition.
2. You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?
A) Create transaction text with the type Fixed assetPosting, Ledger.
B) In the General Ledger, create a journal for a Depreciation book.
C) In the General Ledger, create a journal name with the journal type Post fixed assets.
D) In the General Ledger, create a journal name with the journal type Fixed assets budget.
3. Your company has more than 500 customers. You plan to set up customer groups in Microsoft Dynamics AX 2012 to support the creation of the customer master. What is the minimum number of customer groups that you must set up?
A) 4
B) 8
C) 2
D) 1
4. In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)
A) You can post depreciation for the assets by using depreciation proposals.
B) You can post depreciation for the assets by using the depreciation books journal.
C) You cannot post depreciation for the assets.
D) You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.
5. Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?
A) Set the period status to current for new fiscal periods.
B) Create an opening balance for the new fiscal year.
C) Delete close-of-year transactions during transfer.
D) Set the Main accounts to the default value for the new fiscal year.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C,D | Question # 5 Answer: C |
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