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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. Which type of fixed asset value adjustment is available in Microsoft Dynamics AX 2012?
A) Provision for reserve
B) Write up adjustment
C) Disposal sale
D) Disposal scrap
2. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?
A) In the Fixed asset posting profile form.
B) In the Fixed asset group form.
C) In the Fixed asset parameters form.
D) In the corresponding main account.
3. You need to automatically create a fixed asset from a purchase order when an invoice is posted. In Microsoft Dynamics AX 2012, which of the following actions should you perform?
A) Select the Check for fixed assets creation during line entry fixed asset parameter.
B) Configure the fixed asset posting profile.
C) Select the Create asset during product receipt or invoice posting fixed asset parameter.
D) Select the Allow asset acquisition from Purchasing fixed asset parameter.
E) Configure the fixed asset acquisition methods.
4. You need to ensure that Microsoft Dynamics
AX 2012 does not allow journal transactions for an account to result in a credit balance. What should you do?
A) On the Main accounts form, in the DB/CR proposal list, select Debit.
B) On the Main accounts form, in the Main account type list, select Profit and Loss.
C) On the Main accounts form, in the Balance control list, select Debit.
D) On the Main accounts form, in the DB/CR requirement list, select Debit.
5. In Microsoft Dynamics AX 2012, where do you enter a budget for a fixed asset?
A) In the fixed asset journal.
B) In the Fixed asset group form.
C) In the Fixed asset parameters form.
D) In the fixed asset budget journal and directly on each fixed asset.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |







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