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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?

A) In the Fixed asset posting profile form.
B) In the Fixed asset group form.
C) In the corresponding main account.
D) In the Fixed asset parameters form.

2. In Microsoft Dynamics AX 2012, which type of round-off can you apply to a sales tax group?

A) Sales tax provisions
B) Sales tax exemptions
C) Sales tax intervals
D) Sales tax codes

3. You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?

A) In the General Ledger, create a journal for a Depreciation book.
B) In the General Ledger, create a journal name with the journal type Post fixed assets.
C) In the General Ledger, create a journal name with the journal type Fixed assets budget.
D) Create transaction text with the type Fixed assetPosting, Ledger.

4. What is the first step in the process of creating a new financial statement in Microsoft Dynamics AX 2012?

A) Create a row definition.
B) Create a dimension set.
C) Design the financial statement row structure.
D) Create the financial statement column definition.

5. You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?

A) Set up number sequences on General Ledger module parameters.
B) Set up number sequences on Accounts Payable module parameters.
C) Set up special number sequences on each fixed asset group.
D) Set up number sequences on Inventory module parameters.

Solutions: