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 corresponding main account.
B) In the Fixed asset posting profile form.
C) In the Fixed asset parameters form.
D) In the Fixed asset group form.
2. You enter a new fixed asset, number FUR-ELC000136, in Microsoft Dynamics AX 2012. When you validate the acquisition journal for the new fixed asset, the system displays the following message: Account for the transaction type, value model, does not exist for fixed asset FUR- ELC000136. What is the cause of the problem?
A) The main account for the acquisition transaction type does not exist in the value model.
B) The offset account does not exist in the Acquisition journal name form.
C) The main account for the acquisition transaction type does not exist in the main account table.
D) The main account for the acquisition transaction type does not exist in the fixed asset posting profile.
3. In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)
A) Active for all transactions
B) Inactive for new transactions
C) Closed
D) Open
4. In Microsoft Dynamics AX 2012, what is the purpose of a Payment transfer form?
A) To manage payments that have a status of Sent and have been posted.
B) To manage payments that have a status of Sent and have not been posted.
C) To generate advance payments.
D) To verify vendor transactions that are open and approved.
5. You need to ensure that Microsoft Dynamics
AX 2012 does not allow journal transactions for an account to result in a credit balance. What should you do?
A) On the Main accounts form, in the Main account type list, select Profit and Loss.
B) On the Main accounts form, in the DB/CR proposal list, select Debit.
C) On the Main accounts form, in the Balance control list, select Debit.
D) On the Main accounts form, in the DB/CR requirement list, select Debit.
Solutions:
Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A,B | Question # 4 Answer: B | Question # 5 Answer: C |
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