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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)

A) automatically based on fixed asset groups
B) automatically based on a fixed asset calendar
C) automatically based on value models
D) manually

2. In Microsoft Dynamics AX 2012, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?

A) To only the Fixed asset receipt account.
B) To the Fixed asset issue and Fixed asset receipt accounts.
C) To only the Fixed asset suspense account.
D) To only the Fixed asset issue account.

3. In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)

A) Inactive for new transactions
B) Active for all transactions
C) Open
D) Closed

4. In Microsoft Dynamics AX 2012, which fixed
asset transaction type can post simultaneously with standard fixed asset depreciation?

A) Bonus depreciation
B) Summarize depreciation
C) Extraordinary depreciation
D) Depreciation adjustment

5. You need to remove consolidation transactions in Microsoft Dynamics AX 2012. What should you do?

A) In the Consolidation form, click the Delete button.
B) In the Consolidation form, click the Remove transactions button.
C) In the consolidation account transactions, click the Reverse transaction button.
D) In the general ledger journal, create reversal transactions for the consolidation transactions.

Solutions: