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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)

A) automatically based on a fixed asset calendar
B) automatically based on fixed asset groups
C) automatically based on value models
D) manually

2. In Microsoft Dynamics AX 2012, which of the following statements about a chart of accounts is true?

A) A chart of accounts can be used for multiple legal entities within an organization.
B) A separate chart of accounts can be used for each division of a legal entity.
C) A chart of accounts can be used for only one division of a legal entity.
D) A chart of accounts can be used for no more than one legal entity.

3. You need to delete a check from Microsoft Dynamics AX 2012. What status must the check have before it can be deleted?

A) Invoiced
B) Void
C) Created
D) Processed

4. 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 only one company.
B) In a multi-company environment, a customer account statement can include transactional data for multiple companies.
C) A customer account statement displays only transactional data for a period.
D) If a customer account statement includes multiple currencies, the statement displays the opening and closing balance for each currency.

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

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

Solutions: