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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. 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 the depreciation books journal.
C) You cannot post depreciation for the assets.
D) You can post depreciation for the assets by using depreciation proposals.

2. In Microsoft Dynamics AX 2012, with which journal types can you use a voucher template? (Choose all that apply.)

A) Accounts Payable invoice journal
B) Accounts Receivable payment journal
C) Accounts Payable payment journal
D) Accounts Receivable invoice journal
E) General Ledger general journal

3. You need to process exchange rate adjustments on eligible main accounts. In Microsoft Dynamics AX 2012, what should you do?

A) Use the periodic General Ledger function Ledger accounting currency conversion.
B) Use the periodic General Ledger function Foreign currency revaluation.
C) Use the periodic Accounts Receivable function Foreign currency revaluation.
D) Use the periodic Accounts Payable function Foreign currency revaluation.

4. In Microsoft Dynamics AX 2012, which transaction type can be used for fixed asset disposal?

A) Depreciation adjustment
B) Provision for reserve
C) Acquisition adjustment
D) Write down

5. In Microsoft Dynamics AX 2012, what process allows you to view inconsistencies at the bottom of a printed financial statement?

A) Create a dimension set section in the row definition.
B) Print the footer section of the financial statement.
C) Create an exceptionrow type in the row definition.
D) Print the miscellaneous section of the financial statement.

Solutions: