Microsoft MB6-818: AX 2009 Financials paper question 1 to 60

#1. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, the Contro ller asks the Account to update an additional acquisition to an existing asset. Your company doe s not use the General ledger parameter option that allows multiple acquisitions. In order to updat e this transaction as an alternative to the above functionality, which transaction type must be defined for a journal to achieve this?
#1. In order to achieve this, Acquisition must be defined for a journal.
#2. In order to achieve this, Acquisition adjustment must be defined for a journal.
#3. In order to achieve this, Acquisition adjustme nt before posting must be defined for a journal.
#4. In order to achieve this, Acquisition adjustme nt after posting must be defined for a journal.
2


 #2. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. There is a photocopier in your company and the photocopier is already entered as a fixed asset. Now you company bought a sorter which must be mounted on the photocopier. In Microsoft Dynamics AX 2009, how can this be achieved?
#1. It's impossible to achieve this.
#2. In General Ledger parameters, sele ct Allow Multiple acquisitions.
#3. Using the posting type Multiple acquisition s, enter the sorter in the General journal.
#4. For the sorter, post and acquire, create a new fixed asset. Using the Add asset function under Fixed asset/Periodic to add the sorter and photocopier assets.


2
 #3. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, some of the budgets ar e allocated equally over the accounting period and some are allocated irregularly to coincide with different revenue cycles during festivals. The financial department of your company has budget ed USD 48,000.00 to each distribution center towards travel expenses. The expenses are distri buted equally for all the months in the year, except during festive seasons, which has an expec ted increase of 9% for the year. In Microsoft Dynamics AX 2009, what budget setup must be done for ledger account travel expense to achieve this?
#1. Settlement terms must be set up.
#2. Allocation terms must be set up.
#3. Cash flow forecast must be set up.
#4. Period Allocation keys must be set up.


4
 #4. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what are the different options available to calculate t he cash flow forecast? (choose more than one)
#1. New is available to calculate the cash flow forecast.
#2. Old is available to calculate the cash flow forecast.
#3. Total is available to calculate the cash flow forecast.
#4. Invoice is available to calculate the cash flow forecast.
1,4


 #5. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know what type of balances ca n be transferred to a Budget?
#1. Realized can be transferred to a Budget.
#2. Unrealized can be transferred to a Budget.
#3. Vendor balances can be transferred to a Budget.
#4. Customer balances can be transferred to a Budget.
1
 #6. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, which of the options below does the Dimension focus for financial statements combine?
#1. The Dimension focus for financial statements combines dimension.
#2. The Dimension focus for financial statements combines row structures.
#3. The Dimension focus for financial statements combines ledger accounts.
#4. The Dimension focus for financial statements combines column definitions.


1,3
 #7. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. At the end of the year, your company wa nts to consolidate its subsidiary company accounts and eliminate the rent paid on behalf of its subsidiary. The elimination rule must be performed in the consolidation company and set for Due from and Due to ledger accounts. In order to achieve this in Microsoft Dynamics AX 200 9, what are the required setups to be made in the consolidation company?
#1. In general ledger Parameter, mark Elimination Company accounts.
#2. In general ledger Paramete, mark Consolidation Company accounts.
#3. Create an Elimination Journal and post the proposal in subsidiary company.
#4. Specify the Intercompany accounting relati onship for your company and its subsidiary.
1,2
 #8. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when the Track revisions option is selected for a budget model, what is verified? (choose more than one)
#1. It is verified that whether the current sy stem date falls inside a revision date range.
#2. It is verified that whether the current system date does not fall inside a revision date range.
#3. It is verified that whether the Budget date fi eld falls within the budget period date range assigned to a budget revision.
#4. It is verified that whether the Budget date fi eld does not fall within the budget period date range assigned to a budget revision.
1,3


 #9. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, creating many companies and defining intercompany relati onships is allowed. In Microsoft Dynamics AX
2009, when a transaction is posted through an inte rcompany accounting daily journal, how many journals are posted?
#1. There's no limitation.
#2. There is one journal that is posted.
#3. There are two journals that are posted.
#4. There aren't any j ournals that are posted.
2
 #10. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, in or der to capture the cash receipts and disbursements for cash flow forecasting, what ledger accounts must be set up? (choose more than one)
#1. Total accounts must be set up.
#2. Liquidity accounts must be set up.
#3. Dependent ledger accounts must be set up.
#4. Customer and vendor accounts must be set up.
2,3
#11. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to process electronic vendor payments, what are the required basic setups to be made?
#1. Bank accounts in the Bank management module
#2. Vendor bank accounts in the Bank management module
#3. Methods of Payment form in the Accounts payable module
#4. Vendor bank accounts in the Chart of accounts form, in the General ledger module
1,3
 #12. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Do you know what the closing sheet in Microsoft Dynamics AX 2009 is used for?
#1. The closing sheet is used to create a new fiscal year.
#2. The closing sheet is used to transfer opening balances to the new fiscal year.
#3. The closing sheet is used to show an advanced view of the balances on accounts.
#4. The closing sheet is used to make adjust ments to the balance sheet before closing.


3,4
 #13. You are the system administrator of dynamics AX 2009. The acquisition price of an asset is 22,000, and the depreciation perce ntage factor is defined as 30. 6600, 4620, 3558, are the depreciation amounts for three years. In Microsoft Dynamics AX 2009, In order to achieve this, what depreciation method must be specified in the Depreciation profile form?
#1. In order to achieve this, factor must be specified.
#2. In order to achieve this, consumption must be specified.
#3. In order to achieve this, straight line must be specified.
#4. In order to achieve this, reducing balance must be specified.
Vote

  
 #1.  no  1
  
 #2.  no  0
  
 #3.  yes  14
  
 #4.  no  11






 #14. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Controller plans to tie together t he Department and Cost Center dimensions. To define they are related in Microsoft Dynamics AX 2009, in what form can these dimensions be picked from a list?
#1. They can be picked from a list in dimension set.
#2. They can be picked from a list in dimension subset.
#3. They can be picked from a list in dimension set rules.
#4. They can be picked from a list in dimension set hierarchy.
Vote

  
 #1.  yes  17
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0






 #15. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, do you kn ow which module allows having a simulation for the exchange adjustment?
#1. Basic allows having a simulation for the exchange adjustment.
#2. General ledger allows having a simulation for the exchange adjustment.
#3. Accounts payable allows having a simulation for the exchange adjustment.
#4. Accounts receivable allows having a simulation for the exchange adjustment.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  22
  
 #4.  yes  19






 #16. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Controller plans to set up a bridgi ng account for the vendor. In Microsoft Dynamics AX 2009, where is the posting setup for the bridging account made?
#1. The posting setup for the bridging account is made in bank account.
#2. The posting setup for the bridging account is made in posting profile
#3. The posting setup for the bridging account is made in terms of payment.
#4. The posting setup for the bridging account is made in methods of payment.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  23






 #17. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, in posting the year end transactions using the Closing sheet, which period codes can be used to perform this? (choose more than one)
#1. Normal can be used to perform this.
#2. Closed can be used to perform this.
#3. Closing can be used to perform this.
#4. Opening can be used to perform this.
Vote

  
 #1.  yes  19
  
 #2.  no  1
  
 #3.  yes  19
  
 #4.  no  0






 #18. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company plans to print a Trial balance sheet to look for inconsistencies and before closing the period, make any adjustments. In Microsoft Dynamics AX 2009, how to make these adjustments? (choose more than one)
#1. In order to make these adjustments, the closing sheet should be used.
#2. In order to make these adjustments, open transactions should be used.
#3. In order to make these adjustments, make regular adjustment entries using journals depending on the adjustment.
#4. In order to make these adjustments, make typical adjustment entries as transfers through the Chart of Accounts.
Vote

  
 #1.  yes  19
  
 #2.  yes  16
  
 #3.  no  5
  
 #4.  no  0






 #19. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. According to the requirements of the Cont roller, the collection letter process should be run every month, and only a single collection letter must be created for each period. A customer named John has two invoices that are due for pay ment before the first periodic job to create the collection letter is run. Four days later, the cust omer has a new invoice that is due. A periodic job to create the collection letter is performed with A LL as the value in the Collection letter field in the Creation of the collection letter form. In order to update the collection letter to follow the instructions of the Controller, in the Accounts receivable parameters form, what must be set up?
#1. Total must be set up.
#2. Posting must be set up.
#3. Periodic must be set up.
#4. Printout must be set up.
Vote

  
 #1.  no  0
  
 #2.  yes  21
  
 #3.  no  0
  
 #4.  no  0






 #20. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Now you company wants to redistribute th e costs of an insurance policy throughout the year. The cost of the insurance amount is US D 4800 distributed evenly into twelve months. According to the requirement of the Controler, a new voucher number is needed for all accrued transactions. In Microsoft Dynamics AX 2009, what must be specified in the Accrual scheme for a voucher to achieve a new voucher nu mber for each accrued transaction?
#1. Base must be specified.
#2. Scale must be specified.
#3. Single must be specified.
#4. Multiple must be specified.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  1
  
 #4.  yes  18






#21. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, to guide a nd control the user upon entering financial dimensions for transactions, what must be set up to achieve this?
#1. Dimension focus must be set up.
#2. Dimension statement must be set up.
#3. Dimension structure must be set up.
#4. Dimension set, hierarchy, and rules must be set up.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  17






 #22. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Recently a customer signs a big contract with your company. The customer has made the payment. Now this receipt has to be record ed, so what must be selected in Microsoft Dynamics AX 2009?
#1. In order to record this receipt, prepayment when updating in the journal has to be selected.
#2. In order to record this receipt, prepayment in the Posting profiles form has to be selected.
#3. Prepayment against the posting profile specif ied in the Accounts payable parameters form.
#4. Prepayment in the Chart of accounts form fo r the accounts specified in the Posting profiles from.
Vote

  
 #1.  yes  20
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0






 #23. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to run the exchange rate adjustment thr ough the Accounts payable and Account receivable modules, what are the different methods available to perform this?
#1. Maximum
#2. Minimum
#3. Invoice date
#4. Considered date
Vote

  
 #1.  yes  18
  
 #2.  yes  21
  
 #3.  yes  21
  
 #4.  no  2






 #24. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company has set Allow asset acquisi tion from Accounts payable to Yes. Besides this, your company set the allowed user group to Accounts payable restricting the posting of acquisition transactions in general ledger paramet ers. The Accounts Receivable Administrator, who is not a member of this group, posts an Accounts payable invoice. A new fixed asset is created by this invoice. In Microsoft Dynamic s AX 2009, what is the status of the asset?
#1. The status of the asset is Open.
#2. The status of the asset is Invoiced.
#3. The status of the asset is Transferred.
#4. The status of the asset is Not yet acquired.
Vote

  
 #1.  no  2
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  18






 #25. You are the system administrator of dynamics AX 2009. In order to apply interest codes after defining the Interest codes, do you know what must be attached in Microsoft Dynamics Ax 2009?
#1. Interest code to customers
#2. Interest code to parameters
#3. Interest code to customer groups
#4. Interest code to posting profiles
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  22






 #26. You are the system administrator of dynamics AX 2009. According to the requirement of the Controller, he intends to revalue the liquidity ledger accounts on the date of running the exchange rate adjustment and not on the transaction date. In order to achieve this in Microsoft Dynamics AX 2009, what must be selected?
#1. In the Exchange rates form the Exch ange adjustment option should be selected.
#2. In the Chart of accounts form the Ex change adjustment option should be selected.
#3. In the Chart of accounts form, The Exch ange adjustment option and the Monetary option.
#4. The Currency convertor option in the Exchang e rates form and specify the reset date to the date the adjustment is run.
Vote

  
 #1.  no  0
  
 #2.  no  1
  
 #3.  yes  19
  
 #4.  no  0






 #27. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, which object types can be the Dimension set rules applied to?
#1. The Dimension set rules can be applied to bank journals.
#2. The Dimension set rules can be applied to currency codes.
#3. The Dimension set rules can be applied to ledger account.
#4. The Dimension set rules can be applied to ledger journal name.
Vote

  
 #1.  no  0
  
 #2.  no  1
  
 #3.  yes  23
  
 #4.  yes  20






 #28. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. When creating transactions that affect t he cash flow, what must be specified in the Accounts payable parameters form as default values in the vendor records?
#1. Invoice remit must be specified.
#2. Settle period must be specified.
#3. Posting profile must be specified.
#4. Period between delivery and invoicing must be specified.
Vote

  
 #1.  no  0
  
 #2.  yes  21
  
 #3.  no  0
  
 #4.  yes  19






 #29. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, What setup is involved for automatic processing of a Draw bill of exchange?
#1. Select Draw bill of exchange and specify the journal name in the Invoice journal from.
#2. Select Draw bill of exchange and specify the Journal name in the Sales order form.
#3. Select Draw bill of exchange and specify the journal name in the Posting profiles form.
#4. Select Draw bill of exchange and specify the journal name in the Methods of payment form.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  20






 #30. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, whic h option enables the duplication of data throughout the budget model?
#1. Budget submodels enables the duplicat ion of data throughout the budget model.
#2. Budget Revisions enables the duplicati on of data throughout the budget model.
#3. Budget simulations enables the duplicat ion of data throughout the budget model.
#4. Period allocation key enables the duplic ation of data throughout the budget model.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  18






#31. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Hi-TexWong is the subsidiary of your company. The Consolidated company does not have any chart of accounts and the subsidiary char t of accounts is being used in the consolidated company. When this consolidation is performed in Microsoft Dynamics AX 2009, which statement is true?
#1. During the consideration process, t he current field must not be selected.
#2. During the consideration proc ess, the Consolidation account field must not be selected.
#3. During the consideration process, the Co nsolidation account field must be selected.
#4. In the Chart of accounts of the Subsidiary company, enter the consolidation account field.
Vote

  
 #1.  yes  12
  
 #2.  no  6
  
 #3.  no  0
  
 #4.  no  0






 #32. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, what is the account type that must be specified in the Chart of accounts form for the ledger accounts created for Due to and Due from intercompany?
#1. The account type that must be specified is Total
#2. The account type that must be specified is Header.
#3. The account type that must be specified is Balance.
#4. The account type that must be specified is Profit and loss.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  20
  
 #4.  no  0






 #33. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009?? from which form does the values, if defined, flow in the fields, Routing number, Days, Suffix, Drawer, Validate bank accounts, and Post acco unt in the Bank accounts form?
#1. From Bank group.
#2. From Chart of accounts.
#3. From Bank transaction type
#4. From Bank transaction groups
Vote

  
 #1.  yes  19
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0






 #34. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In order to specify the equivalent of 100 units of the foreign currency, how is the exchange rate for the default currency set up?
#1. In the General ledger parameters form, specify the Express exchange rate as 1*100??
#2. In the General ledger parameters form, specify the Express exchange rate as 100.
#3. In the Exchange rates form, specify the Ex press exchange rate as 100 against each foreign currency.
#4. The exchange rate for the default currency c an be specified only with the equivalent of one unit of the foreign currency.
Vote

  
 #1.  no  0
  
 #2.  yes  20
  
 #3.  no  0
  
 #4.  no  0






 #35. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know the depreciation convention cannot be assi gned to which of the following depreciation methods?
#1. The depreciation convention cannot be assigned to Factor.
#2. The depreciation convention cannot be assigned to Consumption
#3. The depreciation convention cannot be assigned to Straight line.
#4. The depreciation convention cannot be assigned to Reducing balance
Vote

  
 #1.  yes  21
  
 #2.  yes  22
  
 #3.  no  0
  
 #4.  no  0






 #36. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, where ar e tax rates stored and defined, and ledger posting groups and the authority the tax payment is made to, linked?
#1. Sales tax codes
#2. Sales tax group
#3. Sales tax authorities
#4. Sales tax settlement periods
Vote

  
 #1.  yes  22
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  1






 #37. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when a peri od of transactions is deleted in the period form, what happens to posted transactions?
#1. In the period form, period lines disappear. In the period, all transactions are also deleted.
#2. In the period form, period lines disappear. In the period, all transactions remain the same.
#3. In the period form, period lines disappear. In the period, all transactions are consolidated by date.
#4. In the period form, period lines disappear. In the period, all transactions are accumulated into one transaction.
Vote

  
 #1.  no  0
  
 #2.  no  2
  
 #3.  yes  16
  
 #4.  no  2






 #38. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Controller decides to give cash di scounts to his old custom ers. From the data of invoice, A 12% cash discount is offered if the payment is made within six days; 6% discount is offered if the payment is made within ten days; 3% discount is offered if the payment is made within fifteen days. In Microsoft Dynamics AX 2009, how can this scenario be achieved?
#1. For the 15 days 3% code, the 10 days 6% code is selected in the Next discount code list. For the 10 days 6% code, the 6 days 12% code is selected in the Next discount code.
#2. For the 10 days 6% code, the 15 days 3% code is selected in the Next discount code list. For the 10 days 6% code, the 6 days 10% code is selected in the Next discount code.
#3. For the 6 days 12% code, the 10 days 6% code is selected in the Next discount code list. For the 10 days 6% code, the 15 days 3% code is selected in the Next discount code.
#4. For the 6 days 12% code, the 15 days 3% code is selected in the Next Discount Code list. For the 10 days 6% code, the 10 days 6% code is selected in the Next discount code.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  20
  
 #4.  no  0






 #39. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when tran sactions are processed through the invoice register, which ledger account is used for automatic posting of vendor balances?
#1. Settle is used for automatic posting of vendor balances.
#2. Arrival is used for automatic posting of vendor balances.
#3. Summary is used for automatic posting of vendor balances.
#4. Approval is used for automat ic posting of vendor balances.
Vote

  
 #1.  no  0
  
 #2.  yes  16
  
 #3.  no  0
  
 #4.  no  1






 #40. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. For defining the Payment Fee in Microsoft Dynamics AX 2009, which calculation methods are available? (choose more than one)
#1. For defining the Payment Fee, Amount is available.
#2. For defining the Payment Fee, Percent is available.
#3. For defining the Payment Fee, Interval is available.
#4. For defining the Payment Fee, Period/Value is available.
Vote

  
 #1.  yes  13
  
 #2.  no  1
  
 #3.  no  2
  
 #4.  no  0






#41. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, which jour nal can be the voucher templates used with? (choose more than one)
#1. The voucher templates can be used with general journal.
#2. The voucher templates can be used with purchase journal.
#3. The voucher templates can be used with fixed asset journal.
#4. The voucher templates can be used with accounts payable invoice journal.
Vote

  
 #1.  no  2
  
 #2.  no  0
  
 #3.  yes  12
  
 #4.  no  3






 #42. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, what are the price match options available for the invoice matching process, which are located in the Accounts payable parameters form? (choose more than one)
#1. The line prices are greater than the allowed tolerance.
#2. The invoice amount is greater than the allowed tolerance amount.
#3. The line prices are greater than or lesser than the allowed tolerance.
#4. The invoice amount is greater or lesser than the allowed tolerance amount.
Vote

  
 #1.  yes  18
  
 #2.  no  0
  
 #3.  yes  19
  
 #4.  no  0






 #43. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. For all the administrative expense accounts , the Controller of Contoso decides to have a validation of dimensions. When a transaction is updated, it verifies that the dimension value entered in the transaction matches the value spec ified in the ledger accounts. For administrative expense accounts, which dimension validation is specified?
#1. To be filled in
#2. Fixed is specified for adm inistrative ex pense accounts.
#3. Table is specified for adm inistrative ex pense accounts.
#4. Default is specified for administrative expense accounts.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  20
  
 #4.  no  0






 #44. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. There're customer transactions that exceed the credit limit amount. The Controller intends to restrict posting customer transactio ns, with respect to the customer balance. In Microsoft Dynamics AX 2009, what must be selected in order to achieve this?
#1. In the Customers form, the Mandatory credit limit check box.
#2. In the Customer groups form, the Mandatory Credit limit check box.
#3. In the Customer groups form, the Stop transactions for credit limit amount.
#4. In the Accounts receivables parameters form, the Mandatory credit limit check box.
Vote

  
 #1.  yes  10
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0






 #45. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. According to the instruction of the Cont roller, the Accounts Receivable Administrator to change the terms of payment Net 20, which is assi gned to twenty customers that are attached to the customer group DOM, to Net 15. In Micr osoft Dynamics AX 2009, which functionality allows the authorized users to change and update the terms of payment in mass?
#1. User groups allows the authorized users to perform that.
#2. Fill utility allows the autho rized users to perform that.
#3. Journal control allows the authorized users to perform that.
#4. Posting restrictions allows t he authorized users to perform that.
Vote

  
 #1.  no  0
  
 #2.  yes  20
  
 #3.  no  0
  
 #4.  no  0






 #46. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company acquires a new fixed asse t for 21,000. A depreciation factor of 12% and service life of Eight years is specified. After ent ering it in the Fixed assets form, the Controller wants to view the future depreciation transact ions for the asset. In Microsoft Dynamics AX 2009, which inquiry option provides the requi red information to the Controller?
#1. In Microsoft Dynamics AX 2009, profile provides the required information to the Controller.
#2. In Microsoft Dynamics AX 2009, balances provides the required information to the Controller.
#3. In Microsoft Dynamics AX 2009, change histor y provides the required information to the Controller.
#4. In Microsoft Dynamics AX 2009, depreciation b ooks provides the required information to the Controller.
Vote

  
 #1.  yes  9
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0






 #47. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Cash discount administration is set to unspecific. An invoice is entered for USD 2000 for a customer on December 3. If the customer makes the payment within five days, he'll be offered a 5% discount; if the customer makes t he payment within seven days, he'll be offered a 3% discount. On December 9, the customer ma kes the payment. In Microsoft Dynamics AX 2009, for what amount is the invoice settled?
#1. USD 1900
#2. USD 1940
#3. USD 2060
#4. USD 2100
Vote

  
 #1.  yes  12
  
 #2.  no  6
  
 #3.  no  0
  
 #4.  no  0






 #48. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. When generating a payment, the Acc ountant wants to specify a check number manually. For the check number in the Check layout form, what setup is required in Microsoft Dynamics AX 2009?
#1. Free is required for the check number.
#2. Fixed is required for the check number.
#3. Original is required for the check number.
#4. Variable is required for the check number.
Vote

  
 #1.  yes  9
  
 #2.  no  1
  
 #3.  no  0
  
 #4.  no  0






 #49. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Controller wants to have a bank tran saction type. When the vendor invoices are paid by check, the bank transaction type will be mand atory. In order to achieve this in Microsoft Dynamics AX 2009, what setup must be m ade in the Methods of Payment form?
#1. In the Methods of payment form, specify the Bank transaction type.
#2. In the bank accounts form, select Bank transaction type is mandatory.
#3. Specify the Bank transaction type compul sorily and post a vendor payment journal.
#4. In the Methods of payment form, select the Bank transaction type mandatory check box.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  13
  
 #4.  no  10






 #50. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Controller wants to use a specific rate to post all European dollar transactions, while not using the date from the exchange rates form in the journal. In Microsoft Dynamics AX 2009, how can this be achieved?
#1. Specify European dollars as the Triangulati on currency in the Company Information form.
#2. Mark the option triangulation for currency as European dollars in the Exchange rates form.
#3. Mark the Fixed rate option in the Journal name form and Forced rate in the Journal name and define the specific exchange rate.
#4. Mark the Exchange adjustment option for all the related ledger accounts as European dollar and in the Chart of Accounts form, mark the option monetary.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  18
  
 #4.  no  0






#51. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. What must be the status of the check in the Checks form to reverse it through payment reversals in Microsoft Dynamics AX 2009?
#1. Sent
#2. Paid
#3. Remitted
#4. Cancelled
Vote

  
 #1.  no  0
  
 #2.  yes  20
  
 #3.  no  0
  
 #4.  no  0






 #52. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. According to the requirement of the Accounting Manager of your company, manual updates for settlement through the open edit transactions option is not allowed. In order to perform automatic updates of settlement with an invoice, what must be set up in Microsoft Dynamics AX 2009?
#1. In the Posting profiles form, enable the settlement option for customers.
#2. In the General ledger parameters form, clear the Automatic settlement check box.
#3. In the Posting profiles form for customer s, clear the Automatic settlement check box.
#4. In the Accounts receivables parameters form, enable the Automatic settlement option.
Vote

  
 #1.  no  1
  
 #2.  no  0
  
 #3.  yes  13
  
 #4.  no  7






 #53. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. There're inquiry details such as referenc es of the user who creates the entry, entry date, and entry time. Do you know where thes e inquiry details can be viewed in Microsoft Dynamics AX 2009?
#1. The inquiry details can be viewed in Ledger inquiry.
#2. The inquiry details can be viewed in Voucher inquiry.
#3. The inquiry details can be viewed in Audit trail inquiry.
#4. The inquiry details can be viewed in Transaction inquiry.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  20
  
 #4.  no  0






 #54. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In order to manage Non-Sufficient Fund s in Microsoft Dynamics AX 2009, what must be defined in the Bank Parameters form?
#1. Bank groups must be defined in the Bank Parameters form.
#2. Bank accounts must be defined in the Bank Parameters form.
#3. Bank transaction type must be defined in the Bank Parameters form.
#4. Bank transaction groups must be defined in the Bank Parameters form.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  19
  
 #4.  no  0






 #55. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. When a free text invoice is posted for the customer, a customer's balance does NOT increase. Do you know what may cause this problem?
#1. This is because the minimum date on the customer is set to Infinite.
#2. This is because before the due date is passed, the balance is not shown.
#3. This is because the customer is also a v endor, and the due balance is reduced automatically by the system.
#4. This is because the selected terms of paym ent are set up to be cash payment, and the ledger account for settlement is filled in.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  22






 #56. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. When making vendor or customer payments, the Multiple change functionality can be used to make changes to which of the following fields in the payment proposal?
#1. The Multiple change functionality can be used to make changes to due date.
#2. The Multiple change functionality can be used to make changes to methods of payment.
#3. The Multiple change functionality can be used to make changes to transaction text
#4. The Multiple change functionality can be used to make changes to customer or Vendor account.
Vote

  
 #1.  yes  20
  
 #2.  no  5
  
 #3.  no  0
  
 #4.  yes  14






 #57. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what journals are available are available for transacti on entry in the Fixed assets module? (choose more than one)
#1. In Microsoft Dynamics AX 2009, payment j ournal is available for transaction entry.
#2. In Microsoft Dynamics AX 2009, depreciation books is available for transaction entry.
#3. In Microsoft Dynamics AX 2009, inventory to fix ed assets is available for transaction entry.
#4. In Microsoft Dynamics AX 2009, bank journal for disposal sale is available for transaction entry.
Vote

  
 #1.  no  0
  
 #2.  no  3
  
 #3.  yes  16
  
 #4.  yes  13






 #58. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. When working with reverse settlements in Microsoft Dynamics AX 2009, in the options below, which is true?
#1. A reversed settlement is revoked by using the Closed transactions window.
#2. A settlement transaction is reversed by using the Edit open transaction window.
#3. The Edit open transactions window is used to edit fully applied or settled transactions that are in the history.
#4. The Closed-transaction editing window is used to edit fully applied or settled transactions that are in the history.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  17






 #59. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Recently an item is been imposed special dut ies. Before the business tax is calculated, the duty amounts are added to the net amount. In or der to count the business tax, which option of origin must be set up in Microsoft Dynamics AX 2009?
#1. In Microsoft Dynamics AX 2009, amount per unit must be set up.
#2. In Microsoft Dynamics AX 2009, perc entage of Sales tax must be set up.
#3. In Microsoft Dynamics AX 2009, perc entage of net amount must be set up.
#4. In Microsoft Dynamics AX 2009, percent age of gross amount must be set up.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  18






 #60. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Controller decides to process vendor invoices through an approval journal. The Accounts Payable Administrator has been given in structions to update the information for the Vendor account, Account number, Amount, and the Approval person. In Microsoft Dynamics AX 2009, do you know where the Administ rator must enter these details?
#1. The Administrator must enter these details in Invoice journal.
#2. The Administrator must enter these details in Invoice register.
#3. The Administrator must enter these details in Invoice approval journal.
#4. The Administrator must enter these details in Invoice pool excl. posting.
Vote

  
 #1.  no  0
  
 #2.  yes  19
  
 #3.  no  1
  
 #4.  no  0