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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?

A) In the Fixed asset parameters form.
B) In the corresponding main account.
C) In the Fixed asset group form.
D) In the Fixed asset posting profile form.

2. On which Microsoft Dynamics AX 2012 list page can you view cash flow forecasts?

A) All sales orders
B) All production orders
C) All purchase requisitions
D) All customers

3. In Microsoft Dynamics AX 2012, the accounting currency is set to USD (United States dollars). You create a sales order that has a currency of CAD (Canadian dollars). When you generate the invoice, Microsoft Dynamics AX 2012 displays an error message that the account for penny differences in accounting currency is missing. You need to correct the error. What should you configure?

A) Posting definitions
B) Customer posting profiles
C) Accounts for automatic transactions
D) Item posting

4. While invoice-updating a sales order, Microsoft Dynamics AX 2012 displays the following error. Account number for transaction type Tax does not exist. You need to resolve the error. What should you do?

A) Create a record in the item Posting form for the sales tax group that is used in the sales order.
B) In the Sales tax codes form, set the ledger posting group for the tax combination from the sales order.
C) In the Customer posting profiles form, set the sales tax prepayment main account for the customer.
D) In the Ledger posting groups form, specify the main account for the corresponding ledger posting group.

5. In Microsoft Dynamics AX 2012, which additional user interface element exists when a workflow approval is set up for a journal?

A) A green arrow to start the workflow.
B) A Justify button in the action pane.
C) A yellow information bar.
D) A Validate button in the action pane.

Solutions: