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1. You need to import an electronic bank confirmation for a vendor payment. In Microsoft Dynamics AX 2012, which form should you use?
A) Payment journal
B) Bank journal
C) Payment transfer journal
D) General ledger journal
2. In Microsoft Dynamics AX 2012, which of the following can you analyze by using the Dimension statement? (Choose all that apply.)
A) customer balances
B) General Ledger transactions
C) budget transactions
D) cash flow forecast transactions
E) vendor balances
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 Foreign currency revaluation.
B) Use the periodic Accounts Receivable function Foreign currency revaluation.
C) Use the periodic Accounts Payable function Foreign currency revaluation.
D) Use the periodic General Ledger function Ledger accounting currency conversion.
4. In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)
A) When the pre-encumbrance process is enabled, the encumbrance process is required.
B) A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.
C) To use encumbrance accounting with budget appropriation enabled, budget control is required.
D) Closing purchase order encumbrances is part of the fiscal year closing process.
E) To use encumbrance accounting, posting definitions are required.
5. You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?
A) Set up number sequences on General Ledger module parameters.
B) Set up number sequences on Accounts Payable module parameters.
C) Set up special number sequences on each fixed asset group.
D) Set up number sequences on Inventory module parameters.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,B,C | Question # 3 Answer: A | Question # 4 Answer: A,E | Question # 5 Answer: A |
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