What does a depreciation convention determine?
Answer : C
An asset reaches the end of its usable life.
You need to generate a document and record the sale of this asset.
What should you create?
Answer : A
In which three modules can a fixed asset be acquired? Each correct answer presents a complete solution.
Answer : A,B,D
What are three account types that you can choose in a General ledger journal voucher?
Each correct answer presents a complete solution.
Answer : A,B,D
The encumbrance process is enabled in your Microsoft Dynamics AX environment.
A buyer for your organization creates a purchase order for a $10,000 contract with a lawyer who is providing legal advice related to a claim. You post an invoice for $2,000 from the lawyer for the cost of his services so far.
What is the encumbrance amount for the contract with the lawyer after the invoice is posted?
Answer : B
You are setting up cash flow forecasting in Microsoft Dynamics AX 2012.
You need to ensure that the budget entries are shown in the cash flow.
Which action should you perform?
Answer : C
In which three scenarios can you use a free text invoice? Each correct answer presents a complete solution.
Answer : A,B,D
Which two forms can be used to assign a default item sales tax group? Each correct answer presents a complete solution.
Answer : A,C
You are using a voucher template to create a journal voucher. The template type is
Percent.
The template has four lines with the following amounts:
-> First line: $100
-> Second line: $200
-> Third line: S300
-> Fourth line: $400
When prompted for a voucher amount you enter $2,000.
What is the default amount on the third line of the journal voucher?
Answer : C
Your company plans to implement vendor invoice matching.
Your company policy states that vendor invoices must be reviewed to compare the prices and quantities on the invoices for accuracy.
You need to configure the invoice matching setup.
Which type of invoice matching should you configure?
Answer : C
Which three objects can be used to define fixed asset posting profiles? Each correct answer presents part of the solution.
Answer : A,B,D
What is the purpose of collections cases?
Answer : B
You create a budget cycle time span that is based on the fiscal calendar from July 2014 through June 2015-How many budget models can be used for the budget cycle?
Answer : A
You need to set up preprinted checks in the Cash and bank management module.
Which two settings should you define? Each correct answer presents part of the solution.
Answer : A,C
You are performing a bank account reconciliation. On the account statement, you notice bank charges and bank interest. These charges and interest are unrecorded.
You want to record these transactions simultaneously with the bank reconciliation.
Where can you define the default accounts for such unrecorded bank transactions?
Answer : A