Microsoft MB6-818: AX 2009 Financials paper question 91 to 120

#91. You are the system administrator of dynamic s AX 2009. Microsoft Dynamics AX 2009 allows creating many companies and defining intercompany relationships. 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. Two journals are created.
#3. Three journals are created.
#4. Only one journal is created.
Vote

  
 #1.  yes  11
  
 #2.  no  7
  
 #3.  no  0
  
 #4.  no  0
 #92. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Financial Controller plans to generate financial statements. The statements should report on each of the ledger accounts with cost c enter dimensions in different columns. In Microsoft Dynamics AX 2009, how is this achieved?
#1. For ledger accounts and Cost center, creates a dimension focus and in the financial statement, specify this as the main focus.
#2. For ledger accounts and Cost center, create s two dimension focuses and in the financial statement, specify the Cost cent er as the Secondary focus.
#3. For ledger accounts and Cost center, crea tes two dimension focuses and in the Dimension statement, specify the Ledger account as the Secondary focus.
#4. For ledger accounts and Cost center, crea tes two dimension focuses and in the financial statement, specify the Ledger account as the Secondary focus.
Vote

  
 #1.  yes  13
  
 #2.  no  2
  
 #3.  no  0
  
 #4.  no  0
 #93. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, Period allocation can be set in which of the following units in the Period Allocation Key form? (choose more than one)
#1. Period allocation can be set in days.
#2. Period allocation can be set in weeks.
#3. Period allocation can be set in months.
#4. Period allocation can be set in quarters.
Vote

  
 #1.  yes  14
  
 #2.  no  0
  
 #3.  yes  17
  
 #4.  no  0
 #94. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, there's a ledger acc ount which is named Selling. The ledger account has a balance of 100,000. Every month, your com pany wants to allocate 50% of the remaining balance for this account, and 50% to another ac count, named Expense of Products Sold [EOPS]. On June 1, the budget for the Selling account is se t to 100,000, with a set up that, on July 1, the budget for the Selling account is 50,000, and 50, 000 for the EOPS account. On August 1, the budget for the Sellings account is -75,000 and 75,000 for the EOPS account. In order to get the above result in Microsoft Dynamics AX 2009, how is the setup for the ledger account, Selling, done in the budget form?
#1. Settlement terms
#2. Allocation terms
#3. Cash flow forecast
#4. Period Allocation keys
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 #1.  no  2
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  12
 #95. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to include the fixed asset budgets in the financial budgets, which of the following options are available in the Fixed assets budget form to achieve this?
#1. Transfer to history
#2. Transfer to ledger budget
#3. Transfer to fixed asset budget
#4. Transfer to fixed asset and ledger budget
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  15
 #96. You are the system administrator of dynam ics AX 2009. In Microsoft Dynamics AX 2009, Exchange rate adjustments are performed on which of the following options?( choose more than one)
#1. Exchange rate adjustments are performed on bank accounts in the bank.
#2. Exchange rate adjustments are performed on vendors in Accounts payable.
#3. Exchange rate adjustments are perform ed on customers in Accounts receivable.
#4. Exchange rate adjustments are performed on ledger accounts in General ledger.
Vote

  
 #1.  no  0
  
 #2.  no  3
  
 #3.  yes  15
  
 #4.  yes  14
 #97. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, Which methods are available to process an elim ination rule? (choose more than one)
#1. During the Consolidate online process, a j ournal is created in the Destination company.
#2. During the Consolidate online process, a journal is created in the Source Company.
#3. In the Source Company, an elimination journal is created through the Elimination journal proposal.
#4. In the Elimination Company, an Elimination jo urnal is created through t he Elimination Journal proposal.
Vote

  
 #1.  yes  15
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  16
 #98. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what cannot be analyzed using a Dimension statement?
#1. Balance dimensions can be analyzed using a Dimension statement.
#2. Budget transactions can be analyzed using a Dimension statement.
#3. General ledger transactions can be analyzed using a Dimension statement.
#4. Cash flow forecast transactions can be analyzed using a Dimension statement.
Vote

  
 #1.  no  1
  
 #2.  yes  15
  
 #3.  yes  13
  
 #4.  yes  13
 #99. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. On the 23th of each month, the Ever Brighting bank pays 0.19% interest to your company account number 110105. The balance in ac count 110105 is directly attributed to the activity in account 401130. What should your co mpany do to recognize the expected interest in the cash flow forecast?
#1. Set up account 401130 to be dependent on the Setup button for the cash flow forecast to account 110105 using a rate of 0.25% in Chart of Accounts form.
#2. Set up account 110105 to be dependent on the Setup button for the cash flow forecast to account 401130 using a rate of 0.25% in the Chart of Accounts form.
#3. Set up account 110105 to be dependent on the Setup button for the cash flow forecast to account 401130 using a rate of 100% in the Chart of Accounts form.
#4. Set up account 401130 to be dependent on the on the setup button for the cash flow forecast to account 110105 using a rate of 100% in the Chart of Accounts form.
Vote

  
 #1.  no  0
  
 #2.  yes  13
  
 #3.  no  0
  
 #4.  no  1
 #100. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know from where the return electronic file is imported from a bank concerning confirmation of vendor payment?
#1. From bank journal.
#2. From payment journal.
#3. From general journal.
#4. From payment transfer journal.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  15
#101. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. An invoice amount which is due on Sept ember 12 is settled on September 25 by one of Contoso's customers. On September 30, the Cont roller decides to calculate interest on all invoices which are not settled within the due date. In Microsoft Dynamics AX 2009, what method can be defined for the calculation of the in terest for the invoice? (choose more than one)
#1. Open can be defined for the calculatio n of the interest for the invoice.
#2. Closed can be defined for the calculat ion of the interest for the invoice.
#3. Settled can be defined for the calculat ion of the interest for the invoice.
#4. Open and closed can be defined for the calc ulation of the interest for the invoice.
Vote

  
 #1.  no  1
  
 #2.  yes  15
  
 #3.  no  0
  
 #4.  yes  16
 #102. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what must be selected in Vendor/Customer groups for cash flow management?
#1. For cash flow management, settle period must be selected.
#2. For cash flow management, Payment schedule must be selected.
#3. For cash flow management, Terms of payment must be selected.
#4. For cash flow management, Methods of payment must be selected.
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 #1.  yes  12
  
 #2.  no  0
  
 #3.  yes  12
  
 #4.  no  0
 #103. Cwhere is the ledger account for interest earning specified?
#1. Payment days
#2. Interest code
#3. Posting profile
#4. Interest letter sequence
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 #1.  no  0
  
 #2.  yes  14
  
 #3.  no  0
  
 #4.  no  0
 #104. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, what is the maximum number of slip copies that can be printed for checks?
#1. The maximum number of slip copies is five.
#2. The maximum number of slip copies is four.
#3. The maximum number of slip copies is three.
#4. The maximum number of slip copies is two.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  15
 #105. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know what the Balance control accounts is used for?
#1. Balance control accounts is used for moni toring the balance after a journal is posted.
#2. Balance control accounts is used for monitori ng only the current balance of an account as transactions are entered in a journal.
#3. Balance control accounts is used for monito ring only the expected balance of an account as transactions are entered in a journal.
#4. Balance control accounts is used for moni toring both the current balance and expected balance of an account as transactions are entered in a journal.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  15
 #106. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the account wants to main tain the information on property that exists for inventory purposes only, such as telephones and mobile devices that are below the capitalization threshold. In Microsoft Dy namics AX 2009, what property type must be specified for such assets in the Fixed assets form?
#1. In Microsoft Dynamics AX 2009, fixed property mu st be specified for such assets in the Fixed assets form
#2. In Microsoft Dynamics AX 2009, other property mu st be specified for such assets in the Fixed assets form
#3. In Microsoft Dynamics AX 2009, current property must be specified for such assets in the Fixed assets form
#4. In Microsoft Dynamics AX 2009, continuing propert y must be specified for such assets in the Fixed assets form
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  16
 #107. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Financial Controller has created the fiscal period for 12 months. In order to forbid any other user to post a tran saction for the previous month and still allow the period to be reopened, in Microsoft Dynamics AX 2009, to what must the status for period code Normal be set?
#1. The status for period code Normal must be set to open.
#2. The status for period code Normal must be set to Closed.
#3. The status for period code Normal must be set to Stopped.
#4. The status for period code Normal must be set to Year Closed
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 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  15
  
 #4.  no  0
 #108. Your company uses Microsoft dynamics AX 2009. Y ou work as the accountant in your company. In your company, the Controller decides to implement a control. The control will permit his accountants to only debit marketing expense accounts at the time of posting a General journal. In Microsoft Dynamics AX 2009, how is this control set up for all the marketing expense accounts?
#1. Specify Debit for balance control.
#2. Specify Debit for Debit/Credit proposal
#3. Specify Debit for Debit/Credit requirement
#4. This type of control can not be set for a ledger account in Microsoft Dynamics AX 2009.
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 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  16
  
 #4.  no  0
 #109. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what are the calculation methods available for Allocation rules? (choose more than one)
#1. For Allocation rules, fixed value is the calculation method available.
#2. For Allocation rules, fixed weight is the calculation method available.
#3. For Allocation rules, fixed percenta ge is the calculation method available.
#4. For Allocation rules, variable percenta ge is the calculation method available.
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 #1.  no  0
  
 #2.  yes  14
  
 #3.  yes  13
  
 #4.  no  0
 #110. You are the system administrator of dynamics AX 2009. Do you know in which modules is making exchange rate adjustments allowed by Micros oft Dynamics AX 2009? (choose more than one)
#1. Microsoft Dynamics AX 2009 allows making exchange rate adjustments in Basic.
#2. Microsoft Dynamics AX 2009 allows making exchange rate adjustments in General ledger.
#3. Microsoft Dynamics AX 2009 allows ma king exchange rate adjustments in Expense management.
#4. Microsoft Dynamics AX 2009 allows maki ng exchange rate adjustments in Accounts receivable.
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 #1.  yes  10
  
 #2.  no  5
  
 #3.  yes  10
  
 #4.  no  5
 #111. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, at what s pecific day intervals, can a payment day be specified on the Payment day form?
#1. A payment day can be specified at year.
#2. A payment day can be specified at week.
#3. A payment day can be specified at month.
#4. A payment day can be specified at quarter.
Vote

  
 #1.  yes  11
  
 #2.  no  6
  
 #3.  yes  16
  
 #4.  no  0



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 #112. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Now according to the requirement of your company, manual updates for settlement through the open edit transactions option is not allowed. Therefore, in Microsoft Dynamics AX 2009, what must be set up to achieve automatic updates of settlement with an invoice? (choose more than one)
#1. In order to achieve automatic updates, in t he Posting profiles form for customers, enable the settlement option.
#2. In order to achieve automatic updates, in the General ledger parameters form, clear the Automatic settlement check box.
#3. In order to achieve automatic updates, in t he Posting profiles form for customers. clear the Automatic settlement check box.
#4. In order to achieve automatic updates, in the Accounts receivables parameters form, enable the Automatic settlement option.
Vote

  
 #1.  yes  15
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  16
 #113. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Because of some reason, your company no longer does business with a customer. The customer account is blocked for all transactio ns except the amount to be received from the customer. In the Stopped field in the Cust omers form, what setup must be made?
#1. No setup has to be made.
#2. All setup has to be made.
#3. Payment setup has to be made.
#4. Invoice setup has to be made.
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 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  9
  
 #4.  no  7
 #114. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, the reversal functionality can be applied to which transaction?
#1. The reversal functionality can be applied to credit notes.
#2. The reversal functionality can be applied to fixed assets.
#3. The reversal functionality can be applied to project invoices.
#4. The reversal functionality c an be applied to bank reconciliation.
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 #1.  yes  12
  
 #2.  no  3
  
 #3.  no  0
  
 #4.  no  0
 #115. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to view ledger balances in different currencies, other than the default currency of the company, what needs to be set up to perform this?
#1. In the Company information form, change t he default currency to any other currency.
#2. In Microsoft Dynamics AX 2009, it's impossi ble to view balances in other currencies.
#3. Set up the other currency for conversion on the Currency convertor tab in the Exchange rates form.
#4. Set the Validate currency code to the List opti on and specify currencies for all ledger accounts in the Chart of accounts form.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  16
  
 #4.  no  0
 #116. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company purchase office furniture from different suppliers they often purchase from only once. Now it's required that some st andard terms should be creat ed for these types of suppliers, without having to generate separate vendor records each time. In Microsoft Dynamics AX 2009, how can this be achieved?
#1. Leave the vendor blank when entering a purchase order.
#2. For all one-time vendors cr eate a purchase order pool. And when creating a new purchase order, select this pool.
#3. Create a default vendor and select this vendo r in the One-time vendor account field in the Accounts Payable parameters.
#4. Create a new Accounts Payable posting profile, name it "one time," and then attach this profile to any vendor who fits this one-time scenario.
Vote

  
 #1.  no  0
  
 #2.  no  0
  
 #3.  yes  17
  
 #4.  no  0
 #117. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Accountant of Contos o needs to record an additional life cycle for an asset. In Microsoft Dynamics AX2009, do you know where this information is stored?
#1. This information is stored in value model.
#2. This information is stored in fixed assets.
#3. This information is stored in posting profile.
#4. This information is stored in fixed asset group.
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 #1.  yes  4
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0
 #118. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, where is the print management for original records, co py records, and conditional settings defined?
#1. It is defined in Module and User.
#2. It is defined in Transaction and User.
#3. It is defined in Module, Account, and User.
#4. It is defined in Module, Account, and Transaction.
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 #1.  no  0
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  yes  16
 #119. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, what is determined on the Payment control t ab on the Method of payment form?
#1. It's determined when using this Method of payment which fields are mandatory.
#2. It's determined which user can perform payments using this Method of payment.
#3. It's determined the maximum amount of paym ent allowed using this Method of payment.
#4. It's determined if there are sufficient funds in the chosen bank account to settle and pay the invoice.
Vote

  
 #1.  yes  14
  
 #2.  no  0
  
 #3.  no  0
  
 #4.  no  0
 #120. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Financial Controller wants to restrict the accounts to use in a specific journal. In Microsoft Dynamics AX 2009, what setup is used to achieve this?
#1. Journal control is used to achieve this.
#2. Transaction control is used to achieve this.
#3. Posting restrictions is used to achieve this.
#4. Ledger accounts control is used to achieve this.
Vote

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