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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, with which journal types can you use a voucher template? (Choose all that apply.)

A) Accounts Payable payment journal
B) General Ledger general journal
C) Accounts Receivable invoice journal
D) Accounts Payable invoice journal
E) Accounts Receivable payment journal

2. You need to automatically process sales tax payment settlements.
In Microsoft Dynamics AX 2012, what should you do?

A) Use the Settle open transactions function in the vendor table.
B) Use the Sales Tax Payment periodic job in the General Ledger module.
C) Use the payment journal settlement function when processing a payment.
D) Use the general ledger journal settlement function.

3. What types of accounts payable invoice matching can you use in Microsoft Dynamics AX 2012? (Choose all that apply.)

A) four-way matching
B) charges matching
C) sales order matching
D) three-way matching

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 customers
D) All sales orders

5. In Microsoft Dynamics AX 2012, which of the following is a requirement for using centralized payments?

A) Companies must be connected in an organizational hierarchy.
B) The method of payment for each of the companies must be unique.
C) The currency codes in both companies must be the same.
D) The posting profile IDs for each of the companies must be unique.

Solutions: