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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. 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.

2. 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

3. 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.

4. In Microsoft Dynamics AX 2012, which of the following statements about financial dimensions are true? (Choose all that apply.)

A) Financial dimensions can be created by using a form.
B) Only the default financial dimensions are allowed.
C) A user can create an unlimited number of financial dimensions.
D) Financial dimensions can be created by using a wizard.

5. In Microsoft Dynamics AX 2012, what is a reason code?

A) a system-generated code used on Audit trail reports
B) a system-generated code used to track transaction postings
C) a user-defined field used to provide background data about a transaction
D) a user-defined field used to post transactions

Solutions: