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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. When posting year-end transactions in Microsoft Dynamics AX 2012, which posting layer is designed for the closing sheet?

A) Closing
B) Operations
C) Current
D) Opening

2. 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) Payment transfer journal
C) General ledger journal
D) Bank journal

3. Which of the following statements about Microsoft Dynamics AX 2012 elimination journal proposals are true? (Choose all that apply.)

A) An elimination journal proposal posts automatically.
B) An elimination journal proposal displays a preview of the results of elimination.
C) An elimination journal proposal can be run only once.
D) An elimination journal proposal enables you to validate the results of elimination.

4. 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

5. In Microsoft Dynamics AX 2012, what is two-way invoice matching?

A) Matching the quantity information on the invoice to the quantity information on selected product receipts.
B) Matching the quantity information on the invoice to the quantity information on the purchase order.
C) Matching the price information on the invoice to the price information on the purchase order.
D) Matching the price information on the intercompany sales order to the price information on the intercompany purchase order.

Solutions: