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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which of the following are features of approval journals? (Choose all that apply.)

A) Setting up journal templates with a mandatory approval setting.
B) Applying journal templates after posting but before transferring to history.
C) Adding user groups through the workflow management functionality.
D) Adding an extra layer of approval control by using the posting restriction option.

2. What is the first step in the process of creating a new financial statement in Microsoft Dynamics AX 2012?

A) Create a dimension set.
B) Create the financial statement column definition.
C) Create a row definition.
D) Design the financial statement row structure.

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

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

4. You need to enter fixed asset acquisitions into Microsoft Dynamics AX 2012. Where can you do this?

A) In the payment journal of the Accounts Payable module.
B) In the payment journal of the Accounts Receivable module.
C) In the general journal of the General Ledger module.
D) In the Free text invoice form of the Accounts Receivable module.

5. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?

A) In the corresponding main account.
B) In the Fixed asset group form.
C) In the Fixed asset posting profile form.
D) In the Fixed asset parameters form.

Solutions: