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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. While invoice-updating a sales order, Microsoft Dynamics AX 2012 displays the following error. Account number for transaction type Tax does not exist. You need to resolve the error. What should you do?
A) In the Customer posting profiles form, set the sales tax prepayment main account for the customer.
B) Create a record in the item Posting form for the sales tax group that is used in the sales order.
C) In the Ledger posting groups form, specify the main account for the corresponding ledger posting group.
D) In the Sales tax codes form, set the ledger posting group for the tax combination from the sales order.
2. You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?
A) Create transaction text with the type Fixed assetPosting, Ledger.
B) In the General Ledger, create a journal for a Depreciation book.
C) In the General Ledger, create a journal name with the journal type Fixed assets budget.
D) In the General Ledger, create a journal name with the journal type Post fixed assets.
3. Which of the following statements about the Microsoft Dynamics
AX 2012 Depreciation book is true?
A) The Depreciation book can be re-run as many times as necessary while the periods are open for the Depreciation book.
B) The Depreciation book cannot be re-run while the periods are open for the Depreciation book.
C) The Depreciation book can be re-run only one time before the periods are closed for the Depreciation book.
D) The Depreciation book can be re-run only two times before the periods are closed for the Depreciation book.
4. You need to automatically select all vendor payments that are due within the same week. In Microsoft Dynamics AX 2012, what should you do?
A) Create a payment method and select Week in the Period field.
B) Configure a payment fee.
C) Create a payment method and select Date in the Period field.
D) Configure a payment control.
5. You need to post an intercompany general ledger journal. In Microsoft Dynamics AX 2012, what should you set up to enable intercompany posting? (Choose all that apply.)
A) Set up the intercompany journal name in both companies.
B) Set up the intercompany posting accounts in only one company.
C) Set up the intercompany posting accounts in both companies.
D) Set up the intercompany journal name in only one company.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A,C |