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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?

A) To only the Fixed asset issue account.
B) To only the Fixed asset suspense account.
C) To the Fixed asset issue and Fixed asset receipt accounts.
D) To only the Fixed asset receipt account.

2. In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)

A) You can post depreciation for the assets by using depreciation proposals.
B) You cannot post depreciation for the assets.
C) You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.
D) You can post depreciation for the assets by using the depreciation books journal.

3. You need to delete a check from Microsoft Dynamics AX 2012. What status must the check have before it can be deleted?

A) Void
B) Invoiced
C) Processed
D) Created

4. In Microsoft Dynamics AX 2012 which journal type should you use in the Journal name form if budgets for fixed assets are required?

A) Periodic
B) Fixed asset budget
C) Daily
D) Post fixed asset

5. In Microsoft Dynamics AX 2012, which fixed asset transaction can you process in the Free text invoice form?

A) Disposal scrap
B) Acquisition
C) Acquisition adjustment
D) Disposal sale

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