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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. 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 type.
C) Within each workflow configuration, all approval nodes are used.
D) A workflow configuration is based on a workflow style.

2. In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?

A) To enable the automatic completion of form fields.
B) To enable users to bulk-update records.
C) To import Microsoft Excel data.
D) To transfer sales tax information.

3. In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)

A) Confirmthe system prompts the user to confirm
B) Error - the system generates an error notification
C) Validatethe system prompts the user to validate
D) Warning - the system generates a warning notification

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

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

5. You set up an asset in Microsoft Dynamics AX 2012. What is the initial status of the value model?

A) Suspended
B) Not yet acquired
C) Open
D) Closed

Solutions: