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| Section | Weight | Objectives |
|---|---|---|
| Manage Financials I | 36% | - Set up and manage General Ledger
|
| Manage Fixed Assets | 31% | - Fixed Assets Setup
- Fixed Asset Reporting - Asset Acquisition and Disposal |
| Manage Financials II | 33% | - Budgeting and Cash Flow Management
- Financial Consolidations - Multicurrency and Intercompany Accounting - Year-end Close and Financial Reporting
|
1. In Microsoft Dynamics AX 2012, what process allows you to view inconsistencies at the bottom of a printed financial statement?
A) Create an exceptionrow type in the row definition.
B) Print the footer section of the financial statement.
C) Print the miscellaneous section of the financial statement.
D) Create a dimension set section in the row definition.
2. Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?
A) Within each workflow configuration, all approval nodes are used.
B) A workflow configuration is based on a workflow style.
C) There is one workflow type for each module.
D) A workflow configuration is based on a workflow type.
3. In Microsoft Dynamics AX 2012, which of the following is a mandatory step when posting bridging accounts?
A) Set up approvals.
B) Post a payment to a temporary main account.
C) Post the closing account.
D) Attach a ledger accrual to the journal line.
4. In Microsoft Dynamics AX 2012, which fixed
asset transaction type can post simultaneously with standard fixed asset depreciation?
A) Summarize depreciation
B) Bonus depreciation
C) Extraordinary depreciation
D) Depreciation adjustment
5. You need to enable sales tax calculation in Microsoft Dynamics AX 2012. Which of the following must you set up?
A) the ledger posting group that is attached to the sales tax groups
B) the sales tax authorities that are attached to the vendor
C) the item sales tax group that is attached to the customer, vendor, and item
D) the sales tax code for the sales tax groups
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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