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Microsoft Dynamics AX 2012 Trade and Logistics Sample Questions:

1. In Microsoft Dynamics AX 2012, you define a product with the following base price information:
You select the Incl. in unit price check box. You enter a sales order line for the product with a sales quantity of three units.
What total net amount sales price does Microsoft Dynamics AX 2012 calculate for the sales order?

A) 62.00
B) 60.60
C) 60.00
D) 66.00


2. You need to receive a not-stocked item by using the item arrival process. In Microsoft Dynamics AX 2012, what should you do?

A) Create a stock movement journal for the item.
B) Register the item and create a product receipt.
C) Create a receipts list from the purchase order.
D) Register the item and create an item arrival journal.


3. You are setting up a new product in Microsoft Dynamics AX 2012. The product will be sold, but inventory will not be tracked.
You need to ensure that the product is defined as a not stocked product.
On which form should you configure the inventory policy settings?

A) Item model group
B) Item group
C) Tracking dimension group
D) Storage dimension group


4. You need to enable the change management functionality in Microsoft Dynamics AX 2012 for specific vendors only.
What should you do on the General tab of the Procurement and Sourcing Parameters form? (Choose all that apply.)

A) Enable the Allow override of settings per vendor parameter.
B) Disable the Allow override of settings per vendor parameter.
C) Disable the Activate Change Management parameter.
D) Enable the Activate Change Management parameter.


5. In Microsoft Dynamics AX 2012, on which inventory parameter are you able to permit or restrict physical negative inventory?

A) the sales tax group
B) the item group
C) the inventory policy field group
D) the item model group


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: A,C
Question # 5
Answer: D

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