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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, with which journal types can you use a voucher template? (Choose all that apply.)

A) General Ledger general journal
B) Accounts Receivable payment journal
C) Accounts Receivable invoice journal
D) Accounts Payable payment journal
E) Accounts Payable invoice journal

2. In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)

A) You can post depreciation for the assets by using depreciation proposals.
B) You cannot post depreciation for the assets.
C) You can post depreciation for the assets by using the depreciation books journal.
D) You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.

3. You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?

A) Set up number sequences on Inventory module parameters.
B) Set up number sequences on General Ledger module parameters.
C) Set up number sequences on Accounts Payable module parameters.
D) Set up special number sequences on each fixed asset group.

4. You need to automatically create a fixed asset from a purchase order when an invoice is posted. In Microsoft Dynamics AX 2012, which of the following actions should you perform?

A) Select the Check for fixed assets creation during line entry fixed asset parameter.
B) Configure the fixed asset posting profile.
C) Select the Allow asset acquisition from Purchasing fixed asset parameter.
D) Select the Create asset during product receipt or invoice posting fixed asset parameter.
E) Configure the fixed asset acquisition methods.

5. In Microsoft Dynamics AX 2012, where do you enter a budget for a fixed asset?

A) In the Fixed asset group form.
B) In the Fixed asset parameters form.
C) In the fixed asset budget journal and directly on each fixed asset.
D) In the fixed asset journal.

Solutions: