#61. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. A new accountant posted a daily journal . Now the Controller intends to approve the daily journal. In order to achieve this, what setup is required in Microsoft Dynamics AX 2009?
#1. Set permissions at the security level for each module for approval.
#2. In Microsoft Dynamics AX 2009, approval of transactions cannot be set.
#3. Select the Active option, assign a user group to the journal in the Journal names form.
#4. Select the Active option for the user to approv e the transactions in the User form for automatic approval of the journal.
Vote
#1. no 0
#2. no 0
#3. yes 17
#4. no 0
#62. You are the system administrator of dynamics AX 2009. In order to transfer the set of vendor payments through the payment proposal, what ar e the different proposal types available in Microsoft Dynamics AX 2009 to achieve this?
#1. Per due date is available to achieve this.
#2. Due date and cash discount is available to achieve this.
#3. Due date and invoice amount is available to achieve this.
#4. Cash discount and invoice amount is available to achieve this.
Vote
#1. yes 15
#2. yes 17
#3. no 0
#4. no 0
#63. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. There're several sales departments in your company. Now the Controller intends to
view the sales revenue per department in a single report. How can this be achieved in Microsoft dynamics AX 2009?
#1. On the basis of the dimension hi erarchy, generate an account statement.
#2. For the Sales revenue and Dimension statem ents, generate the ledger transaction report separately.
#3. For ledger accounts and dimensions, def ine a row structure, then generate a combined statement.
#4. Create a dimension focus considering the ledger account and department. For the sales revenue, generate an Account statement.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 14
#64. You are the system administrator of dynamics AX 2009. When posting all correct lines, in order to transfer erroneous lines to a new journal of t he same type, in Microsoft Dynamics AX 2009, which option is available to perform this?
#1. In Microsoft Dynamics AX 2009, Post is available to perform this.
#2. In Microsoft Dynamics AX 2009, Valid ate is available to perform this.
#3. In Microsoft Dynamics AX 2009, Post and tr ansfer is available to perform this.
#4. In Microsoft Dynamics AX 2009, Validate and transfer is available to perform this.
Vote
#1. no 0
#2. no 0
#3. yes 16
#4. no 0
#65. You are the system administrator of dynamics AX 2009. The posting validation settings for a ledger account can be defined in Microsoft Dynamics AX 2009 only for which option?
#1. For Currency
#2. For Account type
#3. For Sales tax code
#4. For Sales tax group
Vote
#1. no 1
#2. yes 11
#3. no 1
#4. no 0
#66. You are the system administrator of dynamics AX 2009. Your company has a standard vendor payment term of Net 30 days. If an order with a Net 30 days payment terms is received on July 18, and the invoice is dated August 18; in Microsoft Dynamics AX 2009, what is the due date for the invoice?
#1. The due date for the invoice is June 18.
#2. The due date for the invoice is July 18.
#3. The due date for the invoice is August 18.
#4. The due date for the invoice is September 18.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 3
#67. You are the system administrator of dynamics AX 2009. When a record is updated in journals, what functionality is used to enter and r euse specific transaction identification?
#1. Voucher numbers is used to enter and re use specific transaction identification.
#2. Transaction texts is used to enter and reuse specific transaction identification.
#3. Identification text is used to enter an d reuse specific transaction identification.
#4. Transaction history is used to enter and reuse specific transaction identification.
Vote
#1. no 0
#2. yes 17
#3. no 0
#4. no 0
#68. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to associate a fixed asset with a project, what must be true?
#1. In order to associate a fixed asset wi th a project, the Project has no subprojects.
#2. In order to associate a fixed asset with a project, the Project status is not finished.
#3. In order to associate a fixed asset with a pr oject, the project type must be Internal, Investment, or Cost.
#4. In order to associate a fixed asset with a project, the project is to be associated with an estimate project.
Vote
#1. yes 12
#2. yes 17
#3. no 6
#4. no 0
#69. You are the system administrator of dynamic s AX 2009.The Controller w ants to prevent the posting of transactions directly to the cash a nd cash equivalent ledger accounts in the General Ledger. In order to achieve this in Microsoft Dynamics AX 2009, what option must be chose to achieve this?
#1. Locked in journal in the Liquidity accounts form.
#2. Closed for the related accounts in the Chart of accounts form.
#3. Closed for all the accounts in the General ledger parameters form.
#4. Locked in journal for the related ac counts in the Chart of accounts form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 16
#70. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when us ing the current layer and tax layer, your company posts both book and tax transactions by maintaining fixed assets books. For maintaining the additional journal for tax pur poses, what journal type must be specified?
#1. For the additional journal to be maintained, post fixed assets.
#2. For the additional journal to be maintained, Use depreciation books.
#3. For the additional journal to be maintained, Post fixed assets for book and tax.
#4. For the additional journal to be maintained, Use depreciation books for accounting and tax.
Vote
#1. yes 18
#2. no 0
#3. no 0
#4. no 0
#71. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, In order to implement the intercompany financial feature, w hat must be set up in the companies to achieve this?
#1. In order to achieve this, constraints must be set up.
#2. In order to achieve this, journal names must be set up.
#3. In order to achieve this, endpoint rela tionships between companies must be set up.
#4. In order to achieve this, posting relationships between companies must be set up.
Vote
#1. yes 13
#2. no 7
#3. yes 15
#4. no 6
#72. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, according to the requi rement of the Financial Controller, when the financial year is closed, opening transactions c an be created automatically. In order to achieve this in Microsoft Dynamics AX 2009, which of the options below must be specified?
#1. In order to achieve this, Reset must be specified.
#2. In order to achieve this, Closing must be specified.
#3. In order to achieve this, Opening must be specified.
#4. In order to achieve this, Closing -> Opening must be specified.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 18
#73. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company purchases a new computer form a regular vendor. Xwii Comps in the General ledger module. The Accountant creates and updates the details of this new computer. For the above asset through a purchase order, t he Accounts Payable Administrator is asked to update and post the invoice. While entering the invoice, the Administrator knows that the purchase is for a fixed asset, but does not know the asset number to be assigned to the invoice. In Microsoft Dynamics AX 2009, in order to update and post the invoice with the specific fixed asset through a purchase order without further intervention, what must be set up to achieve this?
#1. In Microsoft Dynamics AX 2009, in order to achieve this, enable create asset during packing slip or invoice posting.
#2. In Microsoft Dynamics AX 2009, in order to achieve this, asset acquisition from Accounts payable should be allowed.
#3. In Microsoft Dynamics AX 2009, in order to ac hieve this, enable Allow multiple acquisitions and assign a user group.
#4. In Microsoft Dynamics AX 2009, in order to ac hieve this, Do not specify a user group the restricting asset acquisition posting.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#74. You are the system administrator of dynamics AX 2009. When calculating budget balances in Microsoft Dynamics AX 2009, what are the maximum hierarchy levels of budget models that are considered?
#1. The maximum hierarchy levels of budget models are two.
#2. The maximum hierarchy levels of budget models are three.
#3. The maximum hierarchy levels of budget models are four.
#4. The maximum hierarchy levels of budget models are five.
Vote
#1. yes 16
#2. no 0
#3. no 0
#4. no 0
#75. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller wants to post the interest amount which is calculated on all outstanding customer invoices by usin g a separate account. In Microsoft Dynamics AX 2009, where is this separate acco unt for the interest specified?
#1. This separate account for the inte rest is specified in interest form.
#2. This separate account for the inte rest is specified in Customers form.
#3. This separate account for the interest is specified in Customer groups form.
#4. This separate account for the interest is specified in Posting profiles form.
Vote
#1. yes 14
#2. no 0
#3. no 0
#4. no 0
#76. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to use the Bill of Exchange function ality, what setup must be made?
#1. In Microsoft Dynamics AX 2009, Payment term s, Payment schedule, Journal names, Ledger accounts, and Posting profiles must be made.
#2. In Microsoft Dynamics AX 2009, Payment te rms, Payment steps, Journal names, Ledger accounts, and Posting profiles must be made.
#3. In Microsoft Dynamics AX 2009, Payment term s, Methods of payment, Journal names, Ledger accounts, and Posting profiles must be made.
#4. In Microsoft Dynamics AX 2009, Payment specif ication, Payment steps, Methods of payment, Ledger accounts, and Posting profile must be made.
Vote
#1. no 0
#2. no 0
#3. yes 16
#4. no 0
#77. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, when the exchange adjustment is run, in order to tr ack the currency profit and losses, what ledger accounts must be specified in the Exchange rates form?
#1. In order to achieve this, realized loss and pr ofit must be specified in the Exchange rates form.
#2. In order to achieve this, si mulation loss and profit must be specified in the Exchange rates form.
#3. In order to achieve this, unrealized loss and profit must be specified in the Exchange rates form.
#4. In order to achieve this, exchange adjust ment loss and profit must be specified in the Exchange rates form.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#78. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, for using a fixed rate of exchange for the consolidat ion company, what are t he currency conversion options available in the Chart of accounts form?
#1. Average is available in the Chart of accounts form.
#2. Closing is available in the Chart of accounts form.
#3. Historical is available in the Chart of accounts form.
#4. Transaction is available in the Chart of accounts form.
Vote
#1. yes 16
#2. yes 16
#3. yes 14
#4. no 0
#79. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to simulate a Budget, what are the different ways to achieve this?
#1. Price
#2. Forecast
#3. Allocation
#4. Budget Settlemen
Vote
#1. no 0
#2. yes 12
#3. yes 15
#4. no 6
#80. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company shares the rent of the office with another company. Here we call your company as company A, and another company B. The total rent is 1400, among which, 600 has to be paid by company A, the rest should be paid by company B. The payment is made by company
#1. In Microsoft Dynamics AX 2009, in orde r to update two journals at the time of posting an Intercompany accounting journal to record the USD 800 expense in company B, what ledger accounts must be specified? A. company B Rent account, Due to Intercompany. B. company A Rent account, Due from Intercompany. C. company
#2. The total rent is 1400, among which, 600 has to be paid by company A, the rest should be paid by company B. The payment is made by company A. In Microsoft Dynamics AX 2009, in orde r to update two journals at the time of posting an Intercompany accounting journal to record the USD 800 expense in company B, what ledger accounts must be specified? A. company B Rent account, Due to Intercompany. B. company A Rent account, Due from Intercompany.
#3. company B Rent account, company B Bank account must be specified.
#4. company A Rent account, company B Rent account must be specified.
Vote
#1. no 0
#2. no 0
#3. yes 12
#4. no 1
#81. You are the system administrator of dynamics AX 2009. A duplicate invoice from a journal was inadvertently entered for a vendor. In Micros oft Dynamics AX 2009, in order to delete the duplicate invoice, what should be done?
#1. In Microsoft Dynamics AX 2009, open vendor tran sactions and delete the duplicate invoice.
#2. In Microsoft Dynamics AX 2009, open vendor tr ansactions and use the reverse transaction button.
#3. In Microsoft Dynamics AX 2009, enter an offsetting invoice journal and use the open transaction editing form to settle.
#4. In Microsoft Dynamics AX 2009, enter an o ffsetting general journal and settle the duplicate invoice by using the reverse transaction button.
Vote
#1. no 0
#2. yes 14
#3. no 1
#4. no 0
#82. You are the system administrator of dynam ics AX 2009. In Microsoft Dynamics AX 2009, Microsoft Dynamics AX 2009 allows making exchange rate adjustments in which of the following modules? (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.
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. yes 14
#83. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, when defining settlement terms for a budget, what Value type must be selected to create a new budget amount for the offset account when the actual amounts exceed the budgeted amount?
#1. The value type maximum must be selected.
#2. The value type Minimum must be selected.
#3. The value type add to the budget amount must be selected.
#4. The value type deduct from the budget amount must be selected.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#84. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company needs a new fixed asset duri ng January of this year and the To date for the depreciation was set to December 30, 2009. T he Controller finds that since August 1, 2009, there is no depreciation posted. The Controller asks the Accountant to post the amounts for all depreciations from August through December in a single journal line, where the date is set to December 30, 2009 on the proposed journal lines. In Microsoft Dynamics AX 2009, which feature helps the Accountant to achieve this?
#1. In Microsoft Dynamics AX 2009, derogatory depre ciation helps the Accountant to achieve this.
#2. In Microsoft Dynamics AX 2009, depreciation co nvention helps the Accountant to achieve this.
#3. In Microsoft Dynamics AX 2009, summarize deprec iation helps the Accountant to achieve this.
#4. In Microsoft Dynamics AX 2009, extraordinary depreciation helps the Accountant to achieve this.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#85. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to run the currency exchange adjustment for a ledger account through General Ledger, what setup is selected in the Chart of accounts form to achieve this?
#1. Monetary is selected.
#2. Allocation is selected.
#3. Exchange adjustment is selected.
#4. Currency adjustment is selected.
Vote
#1. no 0
#2. no 0
#3. yes 17
#4. no 0
#86. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller plans to post all administration related transactions using a specific daily journal with department 10, cost center 1010, and purpose P010 regardless of the amount. In Microsoft Dynamics AX 2009, how is this achieved?
#1. Specify Dimensions 10, 1010 and P010, and validate to Fixed in the Journal names form.
#2. Specify Dimensions 10, 1010 and P010, and valid ate to Fixed in the Dimension sets form.
#3. Specify Dimensions 10, 1010 and P010, and valid ate to Fixed in the Chart of accounts form.
#4. Specify Dimensions 10, 1010 and P010 for t he Object type journal name, and enable Fixed in the Dimension set rules form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 13
#87. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know what the prerequisite to close a fiscal year is?
#1. The prerequisite is creating a new fiscal year.
#2. The prerequisite is transferring closing balances.
#3. The prerequisite is transferring opening balances.
#4. The prerequisite is stopping or closing the periods in the fiscal year being closed
Vote
#1. yes 5
#2. no 0
#3. no 0
#4. no 0
#88. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller must ma nage the depreciation of their fixed assets. For the purpose of company accounting, the Redu cing balance depreciation method is used. But different depreciation methods are used for the pur pose of tax reporting, according to the tax authority. Without posting the ledger transactions to the ledger accounts in Microsoft Dynamics AX 2009, where must the Accountant post the fix ed asset information for tax reporting purposes only?
#1. The Accountant must post the fix ed asset information in value models.
#2. The Accountant must post the fixed as set information in fixed assets group.
#3. The Accountant must post the fixed asset information in depreciation books.
#4. The Accountant must post the fixed as set information in fixed assets journals.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#89. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to create a row structure in the Structure designer form, what are the row type options available to achieve this? (choose more than one)
#1. To achieve this, Total is available to do this.
#2. To achieve this, Element is available to do this.
#3. To achieve this, Calculation is available to do this.
#4. To achieve this, Group Total is available to do this.
Vote
#1. yes 10
#2. no 5
#3. yes 16
#4. no 0
Show comments for this question (2)
#90. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, In order to process Centralized payments, what are the prerequisite setups required for achieving this?
#1. In order to achieve this, mapping of Terms of payments is required.
#2. In order to achieve this, setup of the Global Address book is required.
#3. In order to achieve this, defining destination and source companies is required.
#4. In order to achieve this, setup of Genera l ledger intercompany accounting is required.
Vote
#1. no 0
#2. yes 14
#3. no 0
#4. yes 14
#1. Set permissions at the security level for each module for approval.
#2. In Microsoft Dynamics AX 2009, approval of transactions cannot be set.
#3. Select the Active option, assign a user group to the journal in the Journal names form.
#4. Select the Active option for the user to approv e the transactions in the User form for automatic approval of the journal.
Vote
#1. no 0
#2. no 0
#3. yes 17
#4. no 0
#62. You are the system administrator of dynamics AX 2009. In order to transfer the set of vendor payments through the payment proposal, what ar e the different proposal types available in Microsoft Dynamics AX 2009 to achieve this?
#1. Per due date is available to achieve this.
#2. Due date and cash discount is available to achieve this.
#3. Due date and invoice amount is available to achieve this.
#4. Cash discount and invoice amount is available to achieve this.
Vote
#1. yes 15
#2. yes 17
#3. no 0
#4. no 0
#63. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. There're several sales departments in your company. Now the Controller intends to
view the sales revenue per department in a single report. How can this be achieved in Microsoft dynamics AX 2009?
#1. On the basis of the dimension hi erarchy, generate an account statement.
#2. For the Sales revenue and Dimension statem ents, generate the ledger transaction report separately.
#3. For ledger accounts and dimensions, def ine a row structure, then generate a combined statement.
#4. Create a dimension focus considering the ledger account and department. For the sales revenue, generate an Account statement.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 14
#64. You are the system administrator of dynamics AX 2009. When posting all correct lines, in order to transfer erroneous lines to a new journal of t he same type, in Microsoft Dynamics AX 2009, which option is available to perform this?
#1. In Microsoft Dynamics AX 2009, Post is available to perform this.
#2. In Microsoft Dynamics AX 2009, Valid ate is available to perform this.
#3. In Microsoft Dynamics AX 2009, Post and tr ansfer is available to perform this.
#4. In Microsoft Dynamics AX 2009, Validate and transfer is available to perform this.
Vote
#1. no 0
#2. no 0
#3. yes 16
#4. no 0
#65. You are the system administrator of dynamics AX 2009. The posting validation settings for a ledger account can be defined in Microsoft Dynamics AX 2009 only for which option?
#1. For Currency
#2. For Account type
#3. For Sales tax code
#4. For Sales tax group
Vote
#1. no 1
#2. yes 11
#3. no 1
#4. no 0
#66. You are the system administrator of dynamics AX 2009. Your company has a standard vendor payment term of Net 30 days. If an order with a Net 30 days payment terms is received on July 18, and the invoice is dated August 18; in Microsoft Dynamics AX 2009, what is the due date for the invoice?
#1. The due date for the invoice is June 18.
#2. The due date for the invoice is July 18.
#3. The due date for the invoice is August 18.
#4. The due date for the invoice is September 18.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 3
#67. You are the system administrator of dynamics AX 2009. When a record is updated in journals, what functionality is used to enter and r euse specific transaction identification?
#1. Voucher numbers is used to enter and re use specific transaction identification.
#2. Transaction texts is used to enter and reuse specific transaction identification.
#3. Identification text is used to enter an d reuse specific transaction identification.
#4. Transaction history is used to enter and reuse specific transaction identification.
Vote
#1. no 0
#2. yes 17
#3. no 0
#4. no 0
#68. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to associate a fixed asset with a project, what must be true?
#1. In order to associate a fixed asset wi th a project, the Project has no subprojects.
#2. In order to associate a fixed asset with a project, the Project status is not finished.
#3. In order to associate a fixed asset with a pr oject, the project type must be Internal, Investment, or Cost.
#4. In order to associate a fixed asset with a project, the project is to be associated with an estimate project.
Vote
#1. yes 12
#2. yes 17
#3. no 6
#4. no 0
#69. You are the system administrator of dynamic s AX 2009.The Controller w ants to prevent the posting of transactions directly to the cash a nd cash equivalent ledger accounts in the General Ledger. In order to achieve this in Microsoft Dynamics AX 2009, what option must be chose to achieve this?
#1. Locked in journal in the Liquidity accounts form.
#2. Closed for the related accounts in the Chart of accounts form.
#3. Closed for all the accounts in the General ledger parameters form.
#4. Locked in journal for the related ac counts in the Chart of accounts form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 16
#70. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when us ing the current layer and tax layer, your company posts both book and tax transactions by maintaining fixed assets books. For maintaining the additional journal for tax pur poses, what journal type must be specified?
#1. For the additional journal to be maintained, post fixed assets.
#2. For the additional journal to be maintained, Use depreciation books.
#3. For the additional journal to be maintained, Post fixed assets for book and tax.
#4. For the additional journal to be maintained, Use depreciation books for accounting and tax.
Vote
#1. yes 18
#2. no 0
#3. no 0
#4. no 0
#71. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, In order to implement the intercompany financial feature, w hat must be set up in the companies to achieve this?
#1. In order to achieve this, constraints must be set up.
#2. In order to achieve this, journal names must be set up.
#3. In order to achieve this, endpoint rela tionships between companies must be set up.
#4. In order to achieve this, posting relationships between companies must be set up.
Vote
#1. yes 13
#2. no 7
#3. yes 15
#4. no 6
#72. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, according to the requi rement of the Financial Controller, when the financial year is closed, opening transactions c an be created automatically. In order to achieve this in Microsoft Dynamics AX 2009, which of the options below must be specified?
#1. In order to achieve this, Reset must be specified.
#2. In order to achieve this, Closing must be specified.
#3. In order to achieve this, Opening must be specified.
#4. In order to achieve this, Closing -> Opening must be specified.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 18
#73. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company purchases a new computer form a regular vendor. Xwii Comps in the General ledger module. The Accountant creates and updates the details of this new computer. For the above asset through a purchase order, t he Accounts Payable Administrator is asked to update and post the invoice. While entering the invoice, the Administrator knows that the purchase is for a fixed asset, but does not know the asset number to be assigned to the invoice. In Microsoft Dynamics AX 2009, in order to update and post the invoice with the specific fixed asset through a purchase order without further intervention, what must be set up to achieve this?
#1. In Microsoft Dynamics AX 2009, in order to achieve this, enable create asset during packing slip or invoice posting.
#2. In Microsoft Dynamics AX 2009, in order to achieve this, asset acquisition from Accounts payable should be allowed.
#3. In Microsoft Dynamics AX 2009, in order to ac hieve this, enable Allow multiple acquisitions and assign a user group.
#4. In Microsoft Dynamics AX 2009, in order to ac hieve this, Do not specify a user group the restricting asset acquisition posting.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#74. You are the system administrator of dynamics AX 2009. When calculating budget balances in Microsoft Dynamics AX 2009, what are the maximum hierarchy levels of budget models that are considered?
#1. The maximum hierarchy levels of budget models are two.
#2. The maximum hierarchy levels of budget models are three.
#3. The maximum hierarchy levels of budget models are four.
#4. The maximum hierarchy levels of budget models are five.
Vote
#1. yes 16
#2. no 0
#3. no 0
#4. no 0
#75. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller wants to post the interest amount which is calculated on all outstanding customer invoices by usin g a separate account. In Microsoft Dynamics AX 2009, where is this separate acco unt for the interest specified?
#1. This separate account for the inte rest is specified in interest form.
#2. This separate account for the inte rest is specified in Customers form.
#3. This separate account for the interest is specified in Customer groups form.
#4. This separate account for the interest is specified in Posting profiles form.
Vote
#1. yes 14
#2. no 0
#3. no 0
#4. no 0
#76. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to use the Bill of Exchange function ality, what setup must be made?
#1. In Microsoft Dynamics AX 2009, Payment term s, Payment schedule, Journal names, Ledger accounts, and Posting profiles must be made.
#2. In Microsoft Dynamics AX 2009, Payment te rms, Payment steps, Journal names, Ledger accounts, and Posting profiles must be made.
#3. In Microsoft Dynamics AX 2009, Payment term s, Methods of payment, Journal names, Ledger accounts, and Posting profiles must be made.
#4. In Microsoft Dynamics AX 2009, Payment specif ication, Payment steps, Methods of payment, Ledger accounts, and Posting profile must be made.
Vote
#1. no 0
#2. no 0
#3. yes 16
#4. no 0
#77. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, when the exchange adjustment is run, in order to tr ack the currency profit and losses, what ledger accounts must be specified in the Exchange rates form?
#1. In order to achieve this, realized loss and pr ofit must be specified in the Exchange rates form.
#2. In order to achieve this, si mulation loss and profit must be specified in the Exchange rates form.
#3. In order to achieve this, unrealized loss and profit must be specified in the Exchange rates form.
#4. In order to achieve this, exchange adjust ment loss and profit must be specified in the Exchange rates form.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#78. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, for using a fixed rate of exchange for the consolidat ion company, what are t he currency conversion options available in the Chart of accounts form?
#1. Average is available in the Chart of accounts form.
#2. Closing is available in the Chart of accounts form.
#3. Historical is available in the Chart of accounts form.
#4. Transaction is available in the Chart of accounts form.
Vote
#1. yes 16
#2. yes 16
#3. yes 14
#4. no 0
#79. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to simulate a Budget, what are the different ways to achieve this?
#1. Price
#2. Forecast
#3. Allocation
#4. Budget Settlemen
Vote
#1. no 0
#2. yes 12
#3. yes 15
#4. no 6
#80. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company shares the rent of the office with another company. Here we call your company as company A, and another company B. The total rent is 1400, among which, 600 has to be paid by company A, the rest should be paid by company B. The payment is made by company
#1. In Microsoft Dynamics AX 2009, in orde r to update two journals at the time of posting an Intercompany accounting journal to record the USD 800 expense in company B, what ledger accounts must be specified? A. company B Rent account, Due to Intercompany. B. company A Rent account, Due from Intercompany. C. company
#2. The total rent is 1400, among which, 600 has to be paid by company A, the rest should be paid by company B. The payment is made by company A. In Microsoft Dynamics AX 2009, in orde r to update two journals at the time of posting an Intercompany accounting journal to record the USD 800 expense in company B, what ledger accounts must be specified? A. company B Rent account, Due to Intercompany. B. company A Rent account, Due from Intercompany.
#3. company B Rent account, company B Bank account must be specified.
#4. company A Rent account, company B Rent account must be specified.
Vote
#1. no 0
#2. no 0
#3. yes 12
#4. no 1
#81. You are the system administrator of dynamics AX 2009. A duplicate invoice from a journal was inadvertently entered for a vendor. In Micros oft Dynamics AX 2009, in order to delete the duplicate invoice, what should be done?
#1. In Microsoft Dynamics AX 2009, open vendor tran sactions and delete the duplicate invoice.
#2. In Microsoft Dynamics AX 2009, open vendor tr ansactions and use the reverse transaction button.
#3. In Microsoft Dynamics AX 2009, enter an offsetting invoice journal and use the open transaction editing form to settle.
#4. In Microsoft Dynamics AX 2009, enter an o ffsetting general journal and settle the duplicate invoice by using the reverse transaction button.
Vote
#1. no 0
#2. yes 14
#3. no 1
#4. no 0
#82. You are the system administrator of dynam ics AX 2009. In Microsoft Dynamics AX 2009, Microsoft Dynamics AX 2009 allows making exchange rate adjustments in which of the following modules? (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.
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. yes 14
#83. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, when defining settlement terms for a budget, what Value type must be selected to create a new budget amount for the offset account when the actual amounts exceed the budgeted amount?
#1. The value type maximum must be selected.
#2. The value type Minimum must be selected.
#3. The value type add to the budget amount must be selected.
#4. The value type deduct from the budget amount must be selected.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#84. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company needs a new fixed asset duri ng January of this year and the To date for the depreciation was set to December 30, 2009. T he Controller finds that since August 1, 2009, there is no depreciation posted. The Controller asks the Accountant to post the amounts for all depreciations from August through December in a single journal line, where the date is set to December 30, 2009 on the proposed journal lines. In Microsoft Dynamics AX 2009, which feature helps the Accountant to achieve this?
#1. In Microsoft Dynamics AX 2009, derogatory depre ciation helps the Accountant to achieve this.
#2. In Microsoft Dynamics AX 2009, depreciation co nvention helps the Accountant to achieve this.
#3. In Microsoft Dynamics AX 2009, summarize deprec iation helps the Accountant to achieve this.
#4. In Microsoft Dynamics AX 2009, extraordinary depreciation helps the Accountant to achieve this.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#85. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to run the currency exchange adjustment for a ledger account through General Ledger, what setup is selected in the Chart of accounts form to achieve this?
#1. Monetary is selected.
#2. Allocation is selected.
#3. Exchange adjustment is selected.
#4. Currency adjustment is selected.
Vote
#1. no 0
#2. no 0
#3. yes 17
#4. no 0
#86. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller plans to post all administration related transactions using a specific daily journal with department 10, cost center 1010, and purpose P010 regardless of the amount. In Microsoft Dynamics AX 2009, how is this achieved?
#1. Specify Dimensions 10, 1010 and P010, and validate to Fixed in the Journal names form.
#2. Specify Dimensions 10, 1010 and P010, and valid ate to Fixed in the Dimension sets form.
#3. Specify Dimensions 10, 1010 and P010, and valid ate to Fixed in the Chart of accounts form.
#4. Specify Dimensions 10, 1010 and P010 for t he Object type journal name, and enable Fixed in the Dimension set rules form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 13
#87. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know what the prerequisite to close a fiscal year is?
#1. The prerequisite is creating a new fiscal year.
#2. The prerequisite is transferring closing balances.
#3. The prerequisite is transferring opening balances.
#4. The prerequisite is stopping or closing the periods in the fiscal year being closed
Vote
#1. yes 5
#2. no 0
#3. no 0
#4. no 0
#88. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller must ma nage the depreciation of their fixed assets. For the purpose of company accounting, the Redu cing balance depreciation method is used. But different depreciation methods are used for the pur pose of tax reporting, according to the tax authority. Without posting the ledger transactions to the ledger accounts in Microsoft Dynamics AX 2009, where must the Accountant post the fix ed asset information for tax reporting purposes only?
#1. The Accountant must post the fix ed asset information in value models.
#2. The Accountant must post the fixed as set information in fixed assets group.
#3. The Accountant must post the fixed asset information in depreciation books.
#4. The Accountant must post the fixed as set information in fixed assets journals.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#89. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, in order to create a row structure in the Structure designer form, what are the row type options available to achieve this? (choose more than one)
#1. To achieve this, Total is available to do this.
#2. To achieve this, Element is available to do this.
#3. To achieve this, Calculation is available to do this.
#4. To achieve this, Group Total is available to do this.
Vote
#1. yes 10
#2. no 5
#3. yes 16
#4. no 0
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#90. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, In order to process Centralized payments, what are the prerequisite setups required for achieving this?
#1. In order to achieve this, mapping of Terms of payments is required.
#2. In order to achieve this, setup of the Global Address book is required.
#3. In order to achieve this, defining destination and source companies is required.
#4. In order to achieve this, setup of Genera l ledger intercompany accounting is required.
Vote
#1. no 0
#2. yes 14
#3. no 0
#4. yes 14