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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?
A) To transfer sales tax information.
B) To enable the automatic completion of form fields.
C) To enable users to bulk-update records.
D) To import Microsoft Excel data.
2. You need to set up electronic vendor payments in Microsoft Dynamics AX 2012. What should you do first?
A) Set up methods of payment in Accounts Receivable.
B) Set up and configure electronic customer bank accounts in Accounts Receivable.
C) Set up and configure electronic bank accounts in Cash and Bank Management.
D) Set up and configure electronic customer bank accounts in Accounts Payable.
3. In Microsoft Dynamics AX 2012, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?
A) To only the Fixed asset suspense account.
B) To only the Fixed asset receipt account.
C) To the Fixed asset issue and Fixed asset receipt accounts.
D) To only the Fixed asset issue account.
4. In Microsoft Dynamics AX 2012, which fixed
asset transaction type can post simultaneously with standard fixed asset depreciation?
A) Depreciation adjustment
B) Summarize depreciation
C) Extraordinary depreciation
D) Bonus depreciation
5. In Microsoft Dynamics AX 2012, what is the purpose of an invoice register journal?
A) To enter and then post invoices when they arrive.
B) To use as a voucher template.
C) To pre-register invoices when they arrive and then transfer them to an invoice pool for approval.
D) To display information about invoices that are pending approval.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |