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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which fixed
asset transaction type can post simultaneously with standard fixed asset depreciation?

A) Bonus depreciation
B) Summarize depreciation
C) Extraordinary depreciation
D) Depreciation adjustment


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


3. In Microsoft Dynamics AX 2012, what is the purpose of an invoice register journal?

A) To display information about invoices that are pending approval.
B) To use as a voucher template.
C) To pre-register invoices when they arrive and then transfer them to an invoice pool for approval.
D) To enter and then post invoices when they arrive.


4. In Microsoft Dynamics AX 2012, which of the following are features of approval journals? (Choose all that apply.)

A) Adding an extra layer of approval control by using the posting restriction option.
B) Adding user groups through the workflow management functionality.
C) Applying journal templates after posting but before transferring to history.
D) Setting up journal templates with a mandatory approval setting.


5. In Microsoft Dynamics AX 2012, which of the following can you analyze by using the Dimension statement? (Choose all that apply.)

A) vendor balances
B) budget transactions
C) General Ledger transactions
D) cash flow forecast transactions
E) customer balances


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A,C
Question # 3
Answer: C
Question # 4
Answer: A,D
Question # 5
Answer: B,C,E

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