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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which of the following statements must be true in order to edit the calendar attached to a Depreciation book?

A) No journals or transactions with an Open status exist for the Depreciation book.
B) No journals or transactions with a Suspended status exist for the Depreciation book.
C) No journals or transactions with any status exist for the Depreciation book.
D) No journals or transactions with aclosedstatus exist for the Depreciation book.

2. Which type of fixed asset value adjustment is available in Microsoft Dynamics AX 2012?

A) Disposal sale
B) Write up adjustment
C) Disposal scrap
D) Provision for reserve

3. 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.

4. In Microsoft Dynamics AX 2012, what is the process of Accounts Payable three-way invoice matching?

A) Matching the vendor invoice, sales order, and product receipts information.
B) Matching the customer invoice, purchase order, and product receipts information.
C) Matching the customer invoice, sales order, and product receipts information.
D) Matching the vendor invoice, purchase order, and product receipts information.

5. You need to import an electronic bank confirmation for a vendor payment. In Microsoft Dynamics AX 2012, which form should you use?

A) General ledger journal
B) Payment transfer journal
C) Bank journal
D) Payment journal

Solutions: