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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. You set up an asset in Microsoft Dynamics AX 2012. What is the initial status of the value model?

A) Closed
B) Open
C) Not yet acquired
D) Suspended

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

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

3. In Microsoft Dynamics AX 2012, what is the process of Accounts Payable three-way invoice matching?

A) Matching the customer invoice, sales order, and product receipts information.
B) Matching the vendor invoice, purchase order, and product receipts information.
C) Matching the customer invoice, purchase order, and product receipts information.
D) Matching the vendor invoice, sales order, and product receipts information.

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

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

5. In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)

A) Inactive for new transactions
B) Closed
C) Active for all transactions
D) Open

Solutions: