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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. What is the maximum number of collection letter codes that can be created for a collection letter sequence in Microsoft Dynamics AX 2012?
A) 1
B) 6
C) 5
D) 3
2. Which of the following statements about value models for fixed assets in Microsoft Dynamics AX 2012 is true?
A) Value models are optional when setting up depreciation for a fixed asset.
B) Value models connect all financial information about fixed assets.
C) Value models are used to assign additional life cycles to a fixed asset.
D) Value models are a subset of the value of a fixed asset.
3. You need to enter fixed asset acquisitions into Microsoft Dynamics AX 2012. Where can you do this?
A) In the general journal of the General Ledger module.
B) In the payment journal of the Accounts Receivable module.
C) In the Free text invoice form of the Accounts Receivable module.
D) In the payment journal of the Accounts Payable module.
4. In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)
A) Validatethe system prompts the user to validate
B) Error - the system generates an error notification
C) Confirmthe system prompts the user to confirm
D) Warning - the system generates a warning notification
5. Which of the following statements about Microsoft Dynamics AX 2012 elimination journal proposals are true? (Choose all that apply.)
A) An elimination journal proposal displays a preview of the results of elimination.
B) An elimination journal proposal posts automatically.
C) An elimination journal proposal can be run only once.
D) An elimination journal proposal enables you to validate the results of elimination.
Solutions:
Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B,D | Question # 5 Answer: A,B |