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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. 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 receipt account.
B) To only the Fixed asset issue account.
C) To only the Fixed asset suspense account.
D) To the Fixed asset issue and Fixed asset receipt accounts.
2. In Microsoft Dynamics AX 2012, which of the following is a mandatory step when posting bridging accounts?
A) Post the closing account.
B) Post a payment to a temporary main account.
C) Set up approvals.
D) Attach a ledger accrual to the journal line.
3. 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 verify vendor transactions that are open and approved.
D) To generate advance payments.
4. 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 pre-register invoices when they arrive and then transfer them to an invoice pool for approval.
C) To use as a voucher template.
D) To display information about invoices that are pending approval.
5. Which of the following statements about customer account statements in Microsoft Dynamics AX 2012 are true? (Choose all that apply.)
A) In a multi-company environment, a customer account statement can include transactional data for multiple companies.
B) A customer account statement displays only transactional data for a period.
C) In a multi-company environment, a customer account statement can include transactional data for only one company.
D) If a customer account statement includes multiple currencies, the statement displays the opening and closing balance for each currency.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A,B |







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