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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Manage Financials I | 36% | - Accounts Receivable
- Set up and manage General Ledger
|
| Topic 2: Manage Financials II | 33% | - Multicurrency and Intercompany Accounting - Budgeting and Cash Flow Management
- Advanced Payment and Settlement |
| Topic 3: Manage Fixed Assets | 31% | - Fixed Assets Setup
- Fixed Asset Reporting - Asset Acquisition and Disposal |
1. In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)
A) Closed
B) Inactive for new transactions
C) Active for all transactions
D) Open
2. Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?
A) Create an opening balance for the new fiscal year.
B) Set the Main accounts to the default value for the new fiscal year.
C) Delete close-of-year transactions during transfer.
D) Set the period status to current for new fiscal periods.
3. When posting year-end transactions in Microsoft Dynamics AX 2012, which posting layer is designed for the closing sheet?
A) Current
B) Opening
C) Operations
D) Closing
4. You set up a fixed asset in Microsoft Dynamics AX 2012. You select the Allow asset acquisition from purchasing fixed asset parameter. What is the initial status of the fixed asset?
A) Not yet acquired
B) Scrapped
C) Suspended
D) Open
5. What is the first step in the process of creating a new financial statement in Microsoft Dynamics AX 2012?
A) Create a row definition.
B) Create a dimension set.
C) Design the financial statement row structure.
D) Create the financial statement column definition.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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