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Microsoft Dynamics AX 2012 Financials Sample Questions:

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

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

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

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

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

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

4. In Microsoft Dynamics AX 2012, you enter a fixed asset that is associated with a
project into the Project form. Which project types can you use for the fixed asset?
(Choose all that apply.)

A) Fixed price
B) Investment
C) Cost
D) Internal
E) Time
F) Time and material

5. Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?

A) A workflow configuration is based on a workflow style.
B) Within each workflow configuration, all approval nodes are used.
C) A workflow configuration is based on a workflow type.
D) There is one workflow type for each module.

Solutions: