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In Microsoft Dynamics AX 2012, which of the following statements about financial dimensions are true? (Choose all that apply.)
A. Only the default financial dimensions are allowed.
B. Financial dimensions can be created by using a form.
C. Financial dimensions can be created by using a wizard.
D. A user can create an unlimited number of financial dimensions.
While invoice-updating a sales order, Microsoft Dynamics AX 2012 displays the following error. Account number for transaction type Tax does not exist. You need to resolve the error. What should you do?
A. Create a record in the item Posting form for the sales tax group that is used in the sales order.
B. In the Customer posting profiles form, set the sales tax prepayment main account for the customer.
C. In the Sales tax codes form, set the ledger posting group for the tax combination from the sales order.
D. In the Ledger posting groups form, specify the main account for the corresponding ledger posting group.
You need to enable sales tax calculation in Microsoft Dynamics AX 2012. Which of the following must you set up?
A. the sales tax code for the sales tax groups
B. the sales tax authorities that are attached to the vendor
C. the ledger posting group that is attached to the sales tax groups
D. the item sales tax group that is attached to the customer, vendor, and item
You need to automatically process sales tax payment settlements. In Microsoft Dynamics AX 2012, what should you do?
A. Use the general ledger journal settlement function.
B. Use the Settle open transactions function in the vendor table.
C. Use the payment journal settlement function when processing a payment.
D. Use the Sales Tax Payment periodic job in the General Ledger module.
In Microsoft Dynamics AX 2012, which type of round-off can you apply to a sales tax group?
A. Sales tax codes
B. Sales tax exemptions
C. Sales tax intervals
D. Sales tax provisions
In Microsoft Dynamics AX 2012, what is a reason code?
A. a system-generated code used on Audit trail reports
B. a system-generated code used to track transaction postings
C. a user-defined field used to post transactions
D. a user-defined field used to provide background data about a transaction
In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?
A. To import Microsoft Excel data.
B. To transfer sales tax information.
C. To enable users to bulk-update records.
D. To enable the automatic completion of form fields.
In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)
C. Active for all transactions
D. Inactive for new transactions
In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)
A. Confirm the system prompts the user to confirm
B. Error – the system generates an error notification
C. Validate the system prompts the user to validate
D. Warning – the system generates a warning notification
You need to delete a check from Microsoft Dynamics AX 2012. What status must the check have before it can be deleted?
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