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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which type of round-off can you apply to a sales tax group?

A) Sales tax codes
B) Sales tax provisions
C) Sales tax intervals
D) Sales tax exemptions

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) Not yet acquired
C) Open
D) Suspended

3. 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.

4. Which of the following statements about the Microsoft Dynamics
AX 2012 Depreciation book is true?

A) The Depreciation book can be re-run as many times as necessary while the periods are open for the Depreciation book.
B) The Depreciation book can be re-run only one time before the periods are closed for the Depreciation book.
C) The Depreciation book can be re-run only two times before the periods are closed for the Depreciation book.
D) The Depreciation book cannot be re-run while the periods are open for the Depreciation book.

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 Inventory module parameters.
B) Set up number sequences on General Ledger module parameters.
C) Set up number sequences on Accounts Payable module parameters.
D) Set up special number sequences on each fixed asset group.

Solutions: