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Microsoft Dynamics AX 2012 Financials Sample Questions:

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

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

2. You need to loan fixed assets in Microsoft Dynamics AX 2012. What should you do?

A) Use the inventory to fixedasset journal.
B) Use the Loaned equipment periodic function.
C) Click the Lend button on the Fixed asset form.
D) Use the fixed asset journal.

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

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

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

5. In Microsoft Dynamics AX 2012, what is budget control functionality?

A) a process in the Workflow Management module
B) a method of ensuring that sufficient budget funds are available for planned or actual purchases
C) zero-based budgeting
D) incremental budgeting

Solutions: