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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. You need to set up electronic vendor payments in Microsoft Dynamics AX 2012. What should you do first?

A) Set up and configure electronic customer bank accounts in Accounts Payable.
B) Set up and configure electronic bank accounts in Cash and Bank Management.
C) Set up and configure electronic customer bank accounts in Accounts Receivable.
D) Set up methods of payment in Accounts Receivable.

2. You set up a fixed asset in Microsoft Dynamics AX 2012. You select the Allow asset acquisition from purchasing fixed asset parameter. What is the initial status of the fixed asset?

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

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

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

4. In Microsoft Dynamics AX 2012, which of the following statements about financial dimensions are true? (Choose all that apply.)

A) A user can create an unlimited number of financial dimensions.
B) Only the default financial dimensions are allowed.
C) Financial dimensions can be created by using a wizard.
D) Financial dimensions can be created by using a form.

5. Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?

A) There is one workflow type for each module.
B) A workflow configuration is based on a workflow style.
C) A workflow configuration is based on a workflow type.
D) Within each workflow configuration, all approval nodes are used.

Solutions: