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| Section | Weight | Objectives |
|---|---|---|
| Manage Financials I | 36% | - Accounts Receivable
- Accounts Payable
|
| Manage Financials II | 33% | - Advanced Payment and Settlement - Financial Consolidations - Multicurrency and Intercompany Accounting - Year-end Close and Financial Reporting
|
| Manage Fixed Assets | 31% | - Depreciation and Adjustment Transactions - Fixed Assets Setup
- Asset Acquisition and Disposal |
1. In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)
A) You can post depreciation for the assets by using the depreciation books journal.
B) You can post depreciation for the assets by using depreciation proposals.
C) You cannot post depreciation for the assets.
D) You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.
2. In Microsoft Dynamics AX 2012, which of the following is a mandatory step when posting bridging accounts?
A) Attach a ledger accrual to the journal line.
B) Post the closing account.
C) Post a payment to a temporary main account.
D) Set up approvals.
3. In Microsoft Dynamics AX 2012, with which journal types can you use a voucher template? (Choose all that apply.)
A) Accounts Receivable invoice journal
B) Accounts Payable payment journal
C) Accounts Receivable payment journal
D) General Ledger general journal
E) Accounts Payable invoice journal
4. 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 Payable function Foreign currency revaluation.
C) Use the periodic Accounts Receivable function Foreign currency revaluation.
D) Use the periodic General Ledger function Ledger accounting currency conversion.
5. What is the maximum number of collection letter codes that can be created for a collection letter sequence in Microsoft Dynamics AX 2012?
A) 5
B) 6
C) 3
D) 1
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: C | Question # 3 Answer: D,E | Question # 4 Answer: A | Question # 5 Answer: C |
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