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| Section | Objectives |
|---|---|
| Topic 1: Accounts Receivable | - Customer management and setup - Invoicing and cash application - Credit management and collections |
| Topic 2: General Ledger | - Chart of accounts setup and management - Journal processing and posting - Financial period closing and reporting |
| Topic 3: Fixed Assets | - Depreciation and disposal processes - Asset acquisition and capitalization |
| Topic 4: Accounts Payable | - Vendor management and setup - Aging and settlement processes - Invoice processing and payments |
| Topic 5: Financial Reporting | - Custom report generation - Standard financial statements |
| Topic 6: System Setup and Configuration | - Financial module configuration - Posting profiles and parameters |
| Topic 7: Budgeting and Financial Control | - Budget control and variance analysis - Budget creation and maintenance |
| Topic 8: Cash and Bank Management | - Cash flow management - Bank account setup and reconciliation |
In Microsoft Dynamics AX 2012, what is the purpose of a Payment transfer form?
Correct Answer: A 🗳️
In Microsoft Dynamics AX 2012, the accounting currency is set to USD (United States dollars). You create a sales order that has a currency of CAD (Canadian dollars). When you generate the invoice, Microsoft Dynamics AX 2012 displays an error message that the account for penny differences in accounting currency is missing. You need to correct the error. What should you configure?
Correct Answer: B 🗳️
In Microsoft Dynamics AX 2012, which of the following is a mandatory step when posting bridging accounts?
Correct Answer: D 🗳️
You need to loan fixed assets in Microsoft Dynamics AX 2012. What should you do?
Correct Answer: B 🗳️
You need to remove consolidation transactions in Microsoft Dynamics AX 2012. What should you do?
Correct Answer: D 🗳️
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