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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. 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 posting accounts in only one company.
B) Set up the intercompany posting accounts in both companies.
C) Set up the intercompany journal name in only one company.
D) Set up the intercompany journal name in both companies.

2. You set up an asset in Microsoft Dynamics AX 2012. What is the initial status of the value model?

A) Not yet acquired
B) Suspended
C) Closed
D) Open

3. In Microsoft Dynamics AX 2012, how can you identify errors and duplicates in a row definition structure before you update the existing structure?

A) In the Structure designer form, select the Check box and the Simulate check box.
B) In the System Administration module, run the Consistency check periodic function.
C) In the General Ledger module, run the Audit trail report.
D) Run the Where used report on the Row definitions form.

4. 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) Bank journal
C) Payment journal
D) Payment transfer journal

5. In Microsoft Dynamics AX 2012, which of the following account types can you choose in a general journal line? (Choose all that apply.)

A) Item
B) Vendor
C) Ledger
D) Sales Order
E) Project

Solutions: