#121. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, there's a standard v endor payment of Net 30 days. . Supossing that an order with a Net 30 days payment terms is re ceived on July 19, and the invoice is dated August 19; In Microsoft Dynamics AX 2009, what is the due date for the invoice?
#1. The due date is June 19.
#2. The due date is July 19.
#3. The due date is August 19.
#4. The due date is September19.
Vote
#1. no 0
#2. no 0
#3. yes 11
#4. no 5
#122. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, how many Customer groups must be set up to create customer records?
#1. No Customer groups must be set up to create customer records.
#2. One Customer groups must be set up to create customer records.
#3. Two Customer groups must be set up to create customer records.
#4. Three Customer groups must be set up to create customer records.
Vote
#1. yes 11
#2. no 5
#3. no 0
#4. no 0
#123. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, to which of the following transactions can the account allocation terms be set up?
#1. The account allocation terms can be set up to Actual.
#2. The account allocation terms can be set up to Budget
#3. The account allocation terms can be set up to Realized
#4. The account allocation terms can be set up to Unrealized
Vote
#1. no 0
#2. yes 17
#3. yes 14
#4. no 0
#124. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the financial Controlle r intends to specify standard codes. So the management and auditors are provided with the ab ility to analyze the transaction reversal history by a specific identification code. In Micros oft Dynamics AX 2009, which functionality must be used to achieve this?
#1. Reason codes must be used to achieve this.
#2. Transaction codes must be used to achieve this.
#3. Audit trail codes must be used to achieve this.
#4. Transaction history must be used to achieve this.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#125. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, where can the ledger accounts be set up for automatic posting, other than the posting profiles?
#1. The ledger accounts can be set up in system accounts.
#2. The ledger accounts can be set up in ledger postings.
#3. The ledger accounts can be se t up in balance control accounts
#4. The ledger accounts can be set up in ledger Account categories
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#126. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know the voucher templates can be used with which of the following journals? (choose more than one)
#1. The voucher templates can be used with purchase journal.
#2. The voucher templates can be used with general 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 0
#2. yes 16
#3. no 0
#4. yes 14
#127. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. According to the policy of your compan y, the customers gets a reimbursement of 10% of the invoice amount if product is damaged and the minimum refund is set to 5%. A customer named John purchase products of USD 20,000. But 56% of the goods are damaged. Since the reimbursement amount is greater than the mini mum refund, In Microsoft Dynamics AX 2009, where is the balance amount that is payable to the customer, transferred?
#1. The balance amount is transferred to vendor account.
#2. The balance amount is transferred to expense account.
#3. The balance amount is transferred to customer account.
#4. The balance amount is transferred to profit and loss account
Vote
#1. yes 13
#2. no 0
#3. no 0
#4. no 0
#128. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, in Microsoft Dynamics AX 2009, do you know how de rived Value models are linked to the fixed asset?
#1. Posting profile.
#2. Asset or asset group
#3. Corresponding ledger account.
#4. Not used for an asset; used only for reporting.
Vote
#1. no 0
#2. yes 14
#3. no 0
#4. no 0
#129. You are the system administrator of dynamics AX 2009. In order to combine all invoices for customers with the same payment, which option mu st be selected for the Period in the Methods of payment form?
#1. Date must be selected.
#2. Week must be selected.
#3. Total must be selected.
#4. Invoice must be selected.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#130. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know with what status can a check be deleted?
#1. A check can be deleted with the status Paid.
#2. A check can be deleted with the status Void
#3. A check can be deleted with the status Created
#4. A check can be deleted with the status Canceled
Vote
#1. no 0
#2. yes 12
#3. no 7
#4. no 0
#131. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, invoices must be updated and posted through the Accounts payables module. So in the options bel ow, which can be used to achieve this? (choose more than one)
#1. Invoice register can be used.
#2. General invoice can be used.
#3. Free text invoice can be used.
#4. Invoice pool excl. posting can be used.
Vote
#1. no 3
#2. no 1
#3. yes 11
#4. yes 14
#132. Your company uses Microsoft dynamics AX 2009. Y ou work as the accountant in your company. According to the requirement of your company, you have to set up new terms of payment for a vendor that the company is making late payments to currently. According to the requirement of the vendor, the payments now must be made within 12 days. In order to achieve this in Microsoft Dynamics AX 2009, what Payment method must be specified in the Terms of payment form?
#1. Net must be specified.
#2. COD must be specified.
#3. Total must be specified.
#4. Gross must be specified.
Vote
#1. yes 4
#2. no 0
#3. no 0
#4. no 0
#133. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, can you describe the functionality of Closed transaction editing?
#1. The functionality of Closed transaction edi ting is updating settled Invoices and payments.
#2. The functionality of Closed transaction editi ng is updating the invoices that are not paid.
#3. The functionality of Closed transaction editing is reorganizing transactions with new due dates.
#4. The functionality of Closed transaction editing is specifying a cross rate between invoices and payments.
Vote
#1. yes 14
#2. no 0
#3. no 0
#4. no 0
#134. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller plans to have a validation of dimensions for all the administrative expense accounts. The dimension value entered in the transaction matches the value specified in the ledger accounts when a tr ansaction is updated. For administrative expense accounts, which dimension validation is specified?
#1. Table is specified for adm inistrative ex pense accounts.
#2. Fixed is specified for adm inistrative ex pense accounts.
#3. Default is specified for administrative expense accounts.
#4. There??s nothing that needs to be spec ified for administrat ive expense accounts.
Vote
#1. yes 4
#2. no 0
#3. no 0
#4. no 0
#135. Your company uses Microsoft dynamics AX 2009. And you work as the Accounts Payable Coordinator. In your company, the Controller requ ests you to make a payment to a vendor for two invoices with no cash discount date and no due date. You are also given the invoice numbers from the vendors account statement that was pr inted from Microsoft Dynamics AX 2009. In order to select these invoices for paymen t, what should you do to achieve this?
#1. In order to select these invoices for payment, use the Settlement option.
#2. In order to select these invoices fo r payment, use the Payment Proposal option.
#3. In order to select these invoices for paymen t, enter a general journal for the two invoice lines.
#4. In order to select these invoices for paymen t, enter an invoice journal for the two invoice lines.
Vote
#1. yes 4
#2. no 0
#3. no 0
#4. no 0
#136. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know sales tax group can be attached to which options?(choose more than one)
#1. Sales tax group can be attached to company.
#2. Sales tax group can be attached to ledger budget.
#3. Sales tax group can be attached to ledger accounts.
#4. Sales tax group can be attached to Customers/Vendors.
Vote
#1. yes 9
#2. yes 15
#3. yes 14
#4. no 5
Show comments for this question (2)
#137. You are the system administrator of dynamics AX 2009. There's an asset and if it is a main asset with underlying components, or as a compone nt assigned to another asset. Where is the relationship between the asset and other as sets saved in Microsoft Dynamics AX 2009?
#1. Value Models form
#2. Fixed Assets form
#3. Fixed Asset groups form
#4. Depreciation profile form
Vote
#1. no 0
#2. yes 16
#3. no 0
#4. no 0
#138. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what must be the status of the check in the Checks form to reverse it through payment reversals?
#1. The status must be Sent.
#2. The status must be Paid.
#3. The status must be Remitted.
#4. The status must be Cancelled.
Vote
#1. yes 11
#2. no 4
#3. no 0
#4. no 0
#139. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company purchases an asset which is priced at 200,000. As your company is the VIP customer, your company gets a cash discount of 10,000. Adjustments are being made to the acquisition price considering the discount. Accord ing to the company rules, the asset has to be depreciated at 10% on the Straight line met hod on USD 190,000. In Microsoft Dynamics AX 2009, how can this be achieved?
#1. In order do achieve this, Deduct cash discou nt should be enabled in the Fixed assets form.
#2. In order do achieve this, Deduct cash discou nt should be enabled in the Fixed asset groups form.
#3. In order do achieve this, Deduct cash discount should be enabled in the Depreciation profiles form.
#4. In order do achieve this, Deduct cash Discount should be enabled in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. yes 12
#4. no 6
#140. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Cash-Discount Administration in the Accounts Payable Parameters form is set to Unspecific. The Accountant of your company updates a vendor Invoice for USD 105 with an obtainable cash discount of USD 10.50. A paym ent of USD 94.50 must be made to the vendor considering the cash discount. The invoice was settled for USD 95 on the due date. In Microsoft Dynamics AX 2009, to which account is the difference of USD 0.50 posted?
#1. The difference of USD 0.5 is posted to vendors cash discount account.
#2. The difference of USD 0.5 is posted to ledger account specified for cash discount differences.
#3. The difference of USD 0.5 is posted to error account along with the vendors cash discount account.
#4. The difference of USD 0.5 is posted to ledge r account specified for penny differences for a cash discount.
Vote
#1. no 0
#2. yes 13
#3. no 0
#4. no 0
#141. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know which fixed asset transaction type can be used for concurrent depreciation of assets?
#1. Bonus depreciation can be used for concurrent depreciation of assets.
#2. Derogatory depreciation can be used for concurrent depreciation of assets.
#3. Depreciation adjustment can be used for concurrent depreciation of assets.
#4. Extraordinary depreciation can be used for concurrent depreciation of assets.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 14
#142. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, which must be true to associate a fixed asset with a pr oject, in the Projects form? (choose more than one)
#1. The Project has no subprojects.
#2. The Project status is not finished.
#3. The project type must be Internal, Investment, or Cost.
#4. The project is to be associated with an estimate project.
Vote
#1. no 0
#2. yes 13
#3. yes 15
#4. no 1
#143. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when the va lue model is assigned to the asset, what is the default status of a fixed asset-value model?
#1. Not yet required.
#2. The default status of a fixed asset-value model is Open.
#3. The default status of a fix ed asset-value model is Stop.
#4. The default status of a fixed asset-value model is Closed.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#144. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, a projector is installed in the offices. This unit comprises items 1507 and 1552. Both the items belong to the inventor y raw materials. In Microsoft Dynamics AX 2009, where is the completed asset registered as a new fixed asset?
#1. Invoice journal in the Accounts payable module.
#2. Invoice register in the Accounts payable module.
#3. Fixed asset journal in the General ledger module
#4. Inventory to Fixed asset journal in the General ledger module
Vote
#1. no 1
#2. no 0
#3. no 0
#4. yes 14
#145. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, what are t he prerequisites for fixed assets transaction reversals?
#1. A journal to trace the reversal.
#2. A number sequence to trace numbers.
#3. A journal for transaction reversal.
#4. A number sequence for transaction reversal.
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. yes 15
#146. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company maintains an asset with the combination of two depreciation methods, depreciation by Straight line method by 20%, and depreciation by Reducing balance method by 20%. In Microsoft Dynamics AX 2009, In order to allow your company to post the highest depreciation, what must be specified in the Value model form to perform this?
#1. Depreciation profile must be specified.
#2. Derived depreciation books must be specified.
#3. Alternative depreciation profile must be specified.
#4. Extraordinary depreciation profile must be specified.
Vote
#1. yes 12
#2. no 0
#3. yes 13
#4. no 0
#147. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Accountant intends to update a purchase order for new vehicle costing USD 27,000. According to the rule of t he company, the asset is not depreciated but is tracked as an expense asset if the acquisition cost of the furniture is no more than USD 30,000. In Microsoft Dynamics AX 2009, how must the Accountant define the USD 25,000 to achieve this?
#1. Capital threshold in the Fixed assets form.
#2. Capital threshold in the Posting profiles form.
#3. Capital threshold in the Fixed asset groups form.
#4. Capital threshold in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. yes 12
#148. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller intend s to view changes made to the service life, depreciation periods, expected scrap value, and sales value for an asset in the Depreciation books forms. In Microsoft Dynamics AX 2009, which inquiry option in Depreciation books provides the required information to the Controller?
#1. Profile provides the required information to the Controller.
#2. History provides the required information to the Controller.
#3. Balances provides the requir ed information to the Controller.
#4. Change history provides the requi red information to the Controller.
Vote
#1. no 0
#2. no 0
#3. no 1
#4. yes 14
#149. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, the user is allowed to the status of an asset from reco rding the financial information, and acquisition to disposal. In Microsoft Dynamics AX 2009, what are the different fi xed assets statuses available? (choose more than one)
#1. In Microsoft Dynamics AX 2009, Insured is t he different fixed assets status available.
#2. In Microsoft Dynamics AX 2009, Scrapped is the different fixed assets status available.
#3. In Microsoft Dynamics AX 2009, Suspended is th e different fixed assets status available.
#4. In Microsoft Dynamics AX 2009, Replaced is t he different fixed assets status available.
Vote
#1. no 0
#2. yes 15
#3. yes 13
#4. no 0
#150. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Now your company plans to assign numbers to new assets using the number sequence. In Microsoft Dynamics AX 2009, what mu st be selected to assign the numbers without manual intervention?
#1. Auto number fixed assets in the Fixed assets form.
#2. Auto number fixed assets in the Fixed asset journal.
#3. Auto number fixed assets in the Depreciation profile form.
#4. Auto number fixed assets in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 13
#151. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what transaction type can be registered using a free text invoice for fixed assets?
#1. Acquisition can be registered.
#2. Depreciation can be registered.
#3. Disposal sale can be registered.
#4. Value adjustments can be registered.
Vote
#1. no 0
#2. no 0
#3. yes 16
#4. no 0
#152. You are the system administrator of dynamic s AX 2009. For an acquired asset in Microsoft Dynamics AX 2009, what are the different kinds of value adjustments available? (choose more than one)
#1. Write up [Write down] adjustments
#2. Revaluation is available for an acquired asset.
#3. Disposal - Sale is available for an acquired asset.
#4. Disposal - scrap is available for an acquired asset.
Vote
#1. yes 15
#2. yes 13
#3. no 0
#4. no 0
#153. You are the system administrator of dynamics AX 2009. If the Fixed assets module is integrated with the Inventory management module, in Micr osoft Dynamics AX 2009, the integration is used for which type of asset transactions?
#1. The integration is used for Depreciation.
#2. The integration is used for Acquisitions.
#3. The integration is used for Asset assembly.
#4. The integration is used for Value adjustments.
Vote
#1. yes 9
#2. yes 15
#3. no 4
#4. no 0
#154. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company is going to buy new comp uters. And the accountant intends to create fixed asset budget transactions for the computers. According to the instruction of the Controller, budgets should be maintained for these assets in a separate journal. In Microsoft Dynamics AX 2009, what must be specified in the journal type to achieve this when creating the Journal in Journal names?
#1. Fixed assets must be specified in the journal type.
#2. Post fixed assets must be specified in the journal type.
#3. Fixed asset budget must be sp ecified in the journal type.
#4. Post fixed asset budget must be specified in the journal type.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#155. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company has set a factor for depreciation for February 28 with 10%. The estimated quantity of the fixed asset is 2000 units and the unit depreciation price of the asset is 1.6. On February 28, the depreciation propo sal is calculated as USD 400 for the units defined. In Microsoft Dynamics AX 2009, which depreciation method does the Controller specify in the Depreciation profiles form?
#1. The controller specifies factor.
#2. The controller specifies manual.
#3. The controller specifies consumption.
#4. The controller specifie s straight line service
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#156. The reversal functionality can be applied to wh ich of the following transactions in Microsoft Dynamics AX 2009?
#1. Fixed assets
#2. Bank reconciliation
#3. Project invoices
#4. Credit notes
Vote
#1. yes 12
#2. no 0
#3. no 0
#4. no 0
#157. Contoso decides to stop business with one of it s customer, All Lights. The customer account is blocked for all transactions except the amount to be received from the customer. What setup must be made in the Stopped field in the Customers form?
#1. None
#2. All
#3. Invoice
#4. Payment
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#158. The Financial Controller decides to generate fi nancial statements that report on each of the ledger accounts with cost center dimensions in different columns. How is this achieved in Microsoft Dynamics AX 2009?
#1. Create two Dimension focuses for Ledger ac counts and Cost center, and specify the Cost center as the Secondary focus in the financial statement.
#2. Create two Dimension focuses for Ledger accounts and Cost Center, and Specify the Ledger account as the Secondary focus in the financial statement.
#3. Create a dimension focus for ledger accounts and Cost center, and specify this as the main focus in the financial statement.
#4. Create two Dimension focuses for Ledger accounts and Cost Center, and specify the Ledger account as the Secondary focus in the Dimension statement.
Vote
#1. yes 12
#2. no 0
#3. no 0
#4. no 0
#159. Microsoft Dynamics AX 2009 allows creating m any companies and defining intercompany relationships. How many journals are posted when a transaction is posted through an intercompany accounting daily j ournal in Microsoft Dynamics AX 2009?
#1. One
#2. Two
#3. Three
#4. Unlimited
Vote
#1. no 0
#2. yes 16
#3. no 0
#4. no 0
#160. What are the row type options available to create a row structure in the Structure designer form in Microsoft Dynamics AX 2009? C hoose the 2 that apply.
#1. Element
#2. Total
#3. Group Total
#4. Calculation
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. yes 15
#161. Contoso Entertainment USA [CEU] receives a monthly invoice for the rent of the office it shares with Contoso Entertainment Canada [CEC]. The to tal rent is USD 1,000. CEU must pay USD 400 and CEC, USD 600. The payment is made by CEU. What ledger accounts must be specified to update two journals at the time of posting an Intercompany accounting journal in Microsoft Dynamics AX 2009 to record the USD 600 expense in CEC?
#1. CEU Rent account, CEC Rent account
#2. CEC Rent account ,CEC Bank account
#3. CEC Rent account, Due to Intercompany
#4. CEU Rent account, Due from Intercompany
Vote
#1. yes 16
#2. no 0
#3. no 0
#4. no 0
#162. What are the different ways to simulate a Budget in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Price
#2. Allocation
#3. Forecast
#4. Budget Settlement
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. yes 16
#163. What setup must be completed in the companies to implement the intercompany financial feature in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Set up constraints
#2. Set up journal names
#3. Set up posting relationships between companies
#4. Set up endpoint relationships between companies
Vote
#1. no 0
#2. yes 14
#3. yes 14
#4. no 0
#164. Contoso acquires a new fixed asset for USD 10,0 00. A depreciation factor of 10% and service life of six years is specified. The Controller wants to view the future depreciation transactions for the asset after entering it in the Fixed assets form. Wh ich of the following inquiry options in Microsoft Dynamics AX 2009 provide the required information to the Controller?
#1. Balances
#2. Profile
#3. Change history
#4. Depreciation books
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. no 0
#165. Contoso has set Allow asset acquisition from Accounts payable to Yes and the allowed user group was set to Accounts payable restricting the po sting of acquisition transactions in general ledger parameters. The Accounts Receivable Administ rator, who is not a member of this group, posts an Accounts payable invoice which creates a new fixed asset. What is the status of the asset in Microsoft Dynamics AX 2009?
#1. Open
#2. Invoiced
#3. Transferred
#4. Not yet acquired
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 14
#166. The acquisition price of an asset is USD 11, 000, and the depreciation percentage factor is defined as 30. USD 3300, USD 2310 and USD 1779, are the depreciation amounts for three years. What depreciation method mu st be specified in the Depreciation profile form to achieve this in Microsoft Dynamics AX 2009?
#1. Factor
#2. Reducing balance
#3. Consumption
#4. Straight line
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. no 0
#167. A sorter is purchased and must be mounted on a photocopier that is already entered as a fixed asset. How is this achieved in Microsoft Dynamics AX 2009?
#1. This cannot be done.
#2. Select Allow Multiple acquisiti ons in General Ledger parameters.
#3. Enter the sorter in the General journal using the posting type Multiple acquisitions.
#4. Create a new fixed asset for the sorter, post and acquire. Add the sorter and photocopier assets by using the Add asset f unction under Fixed asset/Periodic.
Vote
#1. no 0
#2. yes 14
#3. no 0
#4. no 0
#168. Contoso purchases an asset costing USD 100, 000 with a cash discount of USD 5,000. Adjustments are being made to the acquisition pric e considering the discount. The asset has to be depreciated at 10% on the Straight line met hod on USD 95,000 as per company policy. How is this achieved in Microsoft Dynamics AX 2009?
#1. Enable Deduct cash discount in the Fixed assets form.
#2. Enable Deduct cash discount in the Fixed asset groups form.
#3. Enable Deduct cash discount in the Depreciation profiles form.
#4. Enable Deduct cash Discount in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 18
#169. The Accountant of Contoso needs to record an ad ditional life cycle for an asset. Where is this information stored in Microsoft Dynamics AX2009?
#1. Fixed assets
#2. Fixed asset group
#3. Value model
#4. Posting profile
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#170. The Accountant wants to specify a check nu mber manually when generating a payment. What setup is required for the check number in the Check layout form in Microsoft Dynamics AX 2009?
#1. Variable
#2. Fixed
#3. Free
#4. Original
Vote
#1. no 0
#2. no 0
#3. yes 17
#4. no 0
#171. The Cash discount administration is set to unspecific. On October 1, an invoice is entered for USD 1000 for the customer, Desk World. A 2% disco unt is offered if the payment is made within seven days and 4% discount is offered if the payment is made within five days. The customer makes the payment on October 7. For what amount is the invoice settled in Microsoft Dynamics AX 2009?
#1. USD 960
#2. USD 980
#3. USD 1020
#4. USD 1040
Vote
#1. no 0
#2. yes 16
#3. no 0
#4. no 0
#172. The Controller wants to restrict posting customer transactions that exceed the credit limit amount, with respect to the customer balance. What mu st be selected to achieve this in Microsoft Dynamics AX 2009?
#1. The Mandatory credit limit check box in the Accounts receivables parameters form.
#2. The Mandatory Credit limit check box in the Customer groups form.
#3. The Mandatory credit limit ch eck box in the Customers form.
#4. The Stop transactions for credit limit amount in the Customer groups form.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#173. Which calculation methods are available for def ining the Payment Fee in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Interval
#2. Period/Value
#3. Amount
#4. Percent
Vote
#1. no 1
#2. no 0
#3. yes 13
#4. yes 13
#174. Contoso has a standard vendor payment term of Net 30 days. If an order with a Net 30 days payment terms is received on August 15, and the in voice is dated September 15; what is the due date for the invoice in Microsoft Dynamics AX 2009?
#1. July 15
#2. August 15
#3. September 15
#4. October 15
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 19
#175. What happens to posted transactions when a period of transactions is deleted in the period form in Microsoft Dynamics AX 2009?
#1. Period lines disappear in the periods form. A ll transactions in the period are also deleted.
#2. Period lines disappear in the periods form. A ll transactions in the period are consolidated by date.
#3. Period lines disappear in the periods form. A ll transactions in the period are accumulated into one transaction.
#4. Period lines disappear in the periods form. All transactions in the period remain the same.
Vote
#1. no 0
#2. no 0
#3. no 1
#4. yes 12
#176. Contoso Entertainment Europe (CEE) is the subsid iary of Contoso Entertainment US (CEU).The Consolidated company does not have any chart of accounts and the subsidiary chart of accounts is being used in the consolidated company. Whic h of the following statements are true when this consolidation is performed in Microsoft Dynamics AX 2009?
#1. The Current field must not be selected during the consolidation process.
#2. The Consolidation account field must be selected during the consolidation process.
#3. The Consolidation account field must not be selected during the consolidation process.
#4. Enter the consolidation account field in the Chart of accounts of the Subsidiary company.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#177. For which of the following options can the posting validation settings for a ledger account be defined in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Sales tax code
#2. Currency
#3. Account type
#4. Sales tax group
Vote
#1. yes 15
#2. yes 17
#3. no 0
#4. no 0
#178. Contoso decides to print a Trial balance sheet to look for inconsistencies and make any adjustments before closing the period. What are t he possible ways to make these adjustments in Microsoft Dynamics AX 2009? C hoose the 2 that apply.
#1. Use the closing sheet.
#2. Use open transactions.
#3. Make typical adjustment entries as tr ansfers through the Chart of Accounts.
#4. Make regular adjustment entries using journals depending on the adjustment.
Vote
#1. yes 14
#2. no 1
#3. no 0
#4. yes 15
#179. Which of the following modules allow having a simulation for the exchange adjustment in Microsoft Dynamics AX 2009? C hoose the 2 that apply.
#1. Basic
#2. General ledger
#3. Accounts payable
#4. Accounts receivable
Vote
#1. no 0
#2. no 0
#3. yes 12
#4. yes 15
#180. The integration of the Fixed assets module with the Inventory management module is used for which type of asset transactions in Micros oft Dynamics AX 2009? Choose the 2 that apply.
#1. Acquisitions
#2. Depreciation
#3. Asset assembly
#4. Value adjustments
Vote
#1. yes 15
#2. no 0
#3. yes 13
#4. no 0
#181. Sales tax group can be attached to which of the following options in Microsoft Dynamics AX 2009? Choose the 3 that apply.
#1. Company
#2. Customers/Vendors
#3. Ledger accounts
#4. Ledger budget
Vote
#1. no 0
#2. yes 22
#3. yes 21
#4. yes 21
#182. The Controller asked the Accounts Payable Coordi nator to make a payment to a vendor for two invoices with no due date and no cash discount date. The Controller also gave the Accounts Payable Coordinator the invoice numbers from the vendors account statement that was printed from Microsoft Dynamics AX 2009. Which of the following options is used by the Accounts Payable Coordinator to select these invoices for payment?
#1. Enter a general journal for the two invoice lines.
#2. Enter an invoice journal for the two invoice lines
#3. Use the Settlement option to select the two invoice lines.
#4. Use the Payment Proposal option to select the two invoice lines.
Vote
#1. no 0
#2. no 0
#3. yes 21
#4. no 0
#183. The Accountant of Contoso wants to set up new terms of payment for a vendor that the company is making late payments to currently. As per the vendor request, the payments now must be made within 10 days. What Payment method must be specified in the Terms of payment form to achieve this in Microsoft Dynamics AX 2009?
#1. COD
#2. Net
#3. Gross
#4. Total
Vote
#1. no 0
#2. yes 22
#3. no 0
#4. no 0
#184. With what status can a check be deleted in Microsoft Dynamics AX 2009?
#1. Void
#2. Paid
#3. Created
#4. Canceled
Vote
#1. no 1
#2. no 0
#3. yes 22
#4. no 0
#185. How many Customer groups must be set up in Microsoft Dynamics AX 2009 to create customer records?
#1. Zero
#2. One
#3. Two
#4. Three
Vote
#1. no 1
#2. yes 23
#3. no 0
#4. no 0
#1. The due date is June 19.
#2. The due date is July 19.
#3. The due date is August 19.
#4. The due date is September19.
Vote
#1. no 0
#2. no 0
#3. yes 11
#4. no 5
#122. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, how many Customer groups must be set up to create customer records?
#1. No Customer groups must be set up to create customer records.
#2. One Customer groups must be set up to create customer records.
#3. Two Customer groups must be set up to create customer records.
#4. Three Customer groups must be set up to create customer records.
Vote
#1. yes 11
#2. no 5
#3. no 0
#4. no 0
#123. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, to which of the following transactions can the account allocation terms be set up?
#1. The account allocation terms can be set up to Actual.
#2. The account allocation terms can be set up to Budget
#3. The account allocation terms can be set up to Realized
#4. The account allocation terms can be set up to Unrealized
Vote
#1. no 0
#2. yes 17
#3. yes 14
#4. no 0
#124. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the financial Controlle r intends to specify standard codes. So the management and auditors are provided with the ab ility to analyze the transaction reversal history by a specific identification code. In Micros oft Dynamics AX 2009, which functionality must be used to achieve this?
#1. Reason codes must be used to achieve this.
#2. Transaction codes must be used to achieve this.
#3. Audit trail codes must be used to achieve this.
#4. Transaction history must be used to achieve this.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#125. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, where can the ledger accounts be set up for automatic posting, other than the posting profiles?
#1. The ledger accounts can be set up in system accounts.
#2. The ledger accounts can be set up in ledger postings.
#3. The ledger accounts can be se t up in balance control accounts
#4. The ledger accounts can be set up in ledger Account categories
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#126. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know the voucher templates can be used with which of the following journals? (choose more than one)
#1. The voucher templates can be used with purchase journal.
#2. The voucher templates can be used with general 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 0
#2. yes 16
#3. no 0
#4. yes 14
#127. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. According to the policy of your compan y, the customers gets a reimbursement of 10% of the invoice amount if product is damaged and the minimum refund is set to 5%. A customer named John purchase products of USD 20,000. But 56% of the goods are damaged. Since the reimbursement amount is greater than the mini mum refund, In Microsoft Dynamics AX 2009, where is the balance amount that is payable to the customer, transferred?
#1. The balance amount is transferred to vendor account.
#2. The balance amount is transferred to expense account.
#3. The balance amount is transferred to customer account.
#4. The balance amount is transferred to profit and loss account
Vote
#1. yes 13
#2. no 0
#3. no 0
#4. no 0
#128. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, in Microsoft Dynamics AX 2009, do you know how de rived Value models are linked to the fixed asset?
#1. Posting profile.
#2. Asset or asset group
#3. Corresponding ledger account.
#4. Not used for an asset; used only for reporting.
Vote
#1. no 0
#2. yes 14
#3. no 0
#4. no 0
#129. You are the system administrator of dynamics AX 2009. In order to combine all invoices for customers with the same payment, which option mu st be selected for the Period in the Methods of payment form?
#1. Date must be selected.
#2. Week must be selected.
#3. Total must be selected.
#4. Invoice must be selected.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#130. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know with what status can a check be deleted?
#1. A check can be deleted with the status Paid.
#2. A check can be deleted with the status Void
#3. A check can be deleted with the status Created
#4. A check can be deleted with the status Canceled
Vote
#1. no 0
#2. yes 12
#3. no 7
#4. no 0
#131. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, invoices must be updated and posted through the Accounts payables module. So in the options bel ow, which can be used to achieve this? (choose more than one)
#1. Invoice register can be used.
#2. General invoice can be used.
#3. Free text invoice can be used.
#4. Invoice pool excl. posting can be used.
Vote
#1. no 3
#2. no 1
#3. yes 11
#4. yes 14
#132. Your company uses Microsoft dynamics AX 2009. Y ou work as the accountant in your company. According to the requirement of your company, you have to set up new terms of payment for a vendor that the company is making late payments to currently. According to the requirement of the vendor, the payments now must be made within 12 days. In order to achieve this in Microsoft Dynamics AX 2009, what Payment method must be specified in the Terms of payment form?
#1. Net must be specified.
#2. COD must be specified.
#3. Total must be specified.
#4. Gross must be specified.
Vote
#1. yes 4
#2. no 0
#3. no 0
#4. no 0
#133. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, can you describe the functionality of Closed transaction editing?
#1. The functionality of Closed transaction edi ting is updating settled Invoices and payments.
#2. The functionality of Closed transaction editi ng is updating the invoices that are not paid.
#3. The functionality of Closed transaction editing is reorganizing transactions with new due dates.
#4. The functionality of Closed transaction editing is specifying a cross rate between invoices and payments.
Vote
#1. yes 14
#2. no 0
#3. no 0
#4. no 0
#134. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller plans to have a validation of dimensions for all the administrative expense accounts. The dimension value entered in the transaction matches the value specified in the ledger accounts when a tr ansaction is updated. For administrative expense accounts, which dimension validation is specified?
#1. Table is specified for adm inistrative ex pense accounts.
#2. Fixed is specified for adm inistrative ex pense accounts.
#3. Default is specified for administrative expense accounts.
#4. There??s nothing that needs to be spec ified for administrat ive expense accounts.
Vote
#1. yes 4
#2. no 0
#3. no 0
#4. no 0
#135. Your company uses Microsoft dynamics AX 2009. And you work as the Accounts Payable Coordinator. In your company, the Controller requ ests you to make a payment to a vendor for two invoices with no cash discount date and no due date. You are also given the invoice numbers from the vendors account statement that was pr inted from Microsoft Dynamics AX 2009. In order to select these invoices for paymen t, what should you do to achieve this?
#1. In order to select these invoices for payment, use the Settlement option.
#2. In order to select these invoices fo r payment, use the Payment Proposal option.
#3. In order to select these invoices for paymen t, enter a general journal for the two invoice lines.
#4. In order to select these invoices for paymen t, enter an invoice journal for the two invoice lines.
Vote
#1. yes 4
#2. no 0
#3. no 0
#4. no 0
#136. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know sales tax group can be attached to which options?(choose more than one)
#1. Sales tax group can be attached to company.
#2. Sales tax group can be attached to ledger budget.
#3. Sales tax group can be attached to ledger accounts.
#4. Sales tax group can be attached to Customers/Vendors.
Vote
#1. yes 9
#2. yes 15
#3. yes 14
#4. no 5
Show comments for this question (2)
#137. You are the system administrator of dynamics AX 2009. There's an asset and if it is a main asset with underlying components, or as a compone nt assigned to another asset. Where is the relationship between the asset and other as sets saved in Microsoft Dynamics AX 2009?
#1. Value Models form
#2. Fixed Assets form
#3. Fixed Asset groups form
#4. Depreciation profile form
Vote
#1. no 0
#2. yes 16
#3. no 0
#4. no 0
#138. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what must be the status of the check in the Checks form to reverse it through payment reversals?
#1. The status must be Sent.
#2. The status must be Paid.
#3. The status must be Remitted.
#4. The status must be Cancelled.
Vote
#1. yes 11
#2. no 4
#3. no 0
#4. no 0
#139. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company purchases an asset which is priced at 200,000. As your company is the VIP customer, your company gets a cash discount of 10,000. Adjustments are being made to the acquisition price considering the discount. Accord ing to the company rules, the asset has to be depreciated at 10% on the Straight line met hod on USD 190,000. In Microsoft Dynamics AX 2009, how can this be achieved?
#1. In order do achieve this, Deduct cash discou nt should be enabled in the Fixed assets form.
#2. In order do achieve this, Deduct cash discou nt should be enabled in the Fixed asset groups form.
#3. In order do achieve this, Deduct cash discount should be enabled in the Depreciation profiles form.
#4. In order do achieve this, Deduct cash Discount should be enabled in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. yes 12
#4. no 6
#140. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. The Cash-Discount Administration in the Accounts Payable Parameters form is set to Unspecific. The Accountant of your company updates a vendor Invoice for USD 105 with an obtainable cash discount of USD 10.50. A paym ent of USD 94.50 must be made to the vendor considering the cash discount. The invoice was settled for USD 95 on the due date. In Microsoft Dynamics AX 2009, to which account is the difference of USD 0.50 posted?
#1. The difference of USD 0.5 is posted to vendors cash discount account.
#2. The difference of USD 0.5 is posted to ledger account specified for cash discount differences.
#3. The difference of USD 0.5 is posted to error account along with the vendors cash discount account.
#4. The difference of USD 0.5 is posted to ledge r account specified for penny differences for a cash discount.
Vote
#1. no 0
#2. yes 13
#3. no 0
#4. no 0
#141. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, do you know which fixed asset transaction type can be used for concurrent depreciation of assets?
#1. Bonus depreciation can be used for concurrent depreciation of assets.
#2. Derogatory depreciation can be used for concurrent depreciation of assets.
#3. Depreciation adjustment can be used for concurrent depreciation of assets.
#4. Extraordinary depreciation can be used for concurrent depreciation of assets.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 14
#142. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, which must be true to associate a fixed asset with a pr oject, in the Projects form? (choose more than one)
#1. The Project has no subprojects.
#2. The Project status is not finished.
#3. The project type must be Internal, Investment, or Cost.
#4. The project is to be associated with an estimate project.
Vote
#1. no 0
#2. yes 13
#3. yes 15
#4. no 1
#143. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, when the va lue model is assigned to the asset, what is the default status of a fixed asset-value model?
#1. Not yet required.
#2. The default status of a fixed asset-value model is Open.
#3. The default status of a fix ed asset-value model is Stop.
#4. The default status of a fixed asset-value model is Closed.
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. no 0
#144. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, a projector is installed in the offices. This unit comprises items 1507 and 1552. Both the items belong to the inventor y raw materials. In Microsoft Dynamics AX 2009, where is the completed asset registered as a new fixed asset?
#1. Invoice journal in the Accounts payable module.
#2. Invoice register in the Accounts payable module.
#3. Fixed asset journal in the General ledger module
#4. Inventory to Fixed asset journal in the General ledger module
Vote
#1. no 1
#2. no 0
#3. no 0
#4. yes 14
#145. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In Microsoft Dynamics AX 2009, what are t he prerequisites for fixed assets transaction reversals?
#1. A journal to trace the reversal.
#2. A number sequence to trace numbers.
#3. A journal for transaction reversal.
#4. A number sequence for transaction reversal.
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. yes 15
#146. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company maintains an asset with the combination of two depreciation methods, depreciation by Straight line method by 20%, and depreciation by Reducing balance method by 20%. In Microsoft Dynamics AX 2009, In order to allow your company to post the highest depreciation, what must be specified in the Value model form to perform this?
#1. Depreciation profile must be specified.
#2. Derived depreciation books must be specified.
#3. Alternative depreciation profile must be specified.
#4. Extraordinary depreciation profile must be specified.
Vote
#1. yes 12
#2. no 0
#3. yes 13
#4. no 0
#147. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Accountant intends to update a purchase order for new vehicle costing USD 27,000. According to the rule of t he company, the asset is not depreciated but is tracked as an expense asset if the acquisition cost of the furniture is no more than USD 30,000. In Microsoft Dynamics AX 2009, how must the Accountant define the USD 25,000 to achieve this?
#1. Capital threshold in the Fixed assets form.
#2. Capital threshold in the Posting profiles form.
#3. Capital threshold in the Fixed asset groups form.
#4. Capital threshold in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. yes 12
#148. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. In your company, the Controller intend s to view changes made to the service life, depreciation periods, expected scrap value, and sales value for an asset in the Depreciation books forms. In Microsoft Dynamics AX 2009, which inquiry option in Depreciation books provides the required information to the Controller?
#1. Profile provides the required information to the Controller.
#2. History provides the required information to the Controller.
#3. Balances provides the requir ed information to the Controller.
#4. Change history provides the requi red information to the Controller.
Vote
#1. no 0
#2. no 0
#3. no 1
#4. yes 14
#149. You are the system administrator of dynamics AX 2009. In Microsoft Dynamics AX 2009, the user is allowed to the status of an asset from reco rding the financial information, and acquisition to disposal. In Microsoft Dynamics AX 2009, what are the different fi xed assets statuses available? (choose more than one)
#1. In Microsoft Dynamics AX 2009, Insured is t he different fixed assets status available.
#2. In Microsoft Dynamics AX 2009, Scrapped is the different fixed assets status available.
#3. In Microsoft Dynamics AX 2009, Suspended is th e different fixed assets status available.
#4. In Microsoft Dynamics AX 2009, Replaced is t he different fixed assets status available.
Vote
#1. no 0
#2. yes 15
#3. yes 13
#4. no 0
#150. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Now your company plans to assign numbers to new assets using the number sequence. In Microsoft Dynamics AX 2009, what mu st be selected to assign the numbers without manual intervention?
#1. Auto number fixed assets in the Fixed assets form.
#2. Auto number fixed assets in the Fixed asset journal.
#3. Auto number fixed assets in the Depreciation profile form.
#4. Auto number fixed assets in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 13
#151. You are the system administrator of dynamic s AX 2009. In Microsoft Dynamics AX 2009, what transaction type can be registered using a free text invoice for fixed assets?
#1. Acquisition can be registered.
#2. Depreciation can be registered.
#3. Disposal sale can be registered.
#4. Value adjustments can be registered.
Vote
#1. no 0
#2. no 0
#3. yes 16
#4. no 0
#152. You are the system administrator of dynamic s AX 2009. For an acquired asset in Microsoft Dynamics AX 2009, what are the different kinds of value adjustments available? (choose more than one)
#1. Write up [Write down] adjustments
#2. Revaluation is available for an acquired asset.
#3. Disposal - Sale is available for an acquired asset.
#4. Disposal - scrap is available for an acquired asset.
Vote
#1. yes 15
#2. yes 13
#3. no 0
#4. no 0
#153. You are the system administrator of dynamics AX 2009. If the Fixed assets module is integrated with the Inventory management module, in Micr osoft Dynamics AX 2009, the integration is used for which type of asset transactions?
#1. The integration is used for Depreciation.
#2. The integration is used for Acquisitions.
#3. The integration is used for Asset assembly.
#4. The integration is used for Value adjustments.
Vote
#1. yes 9
#2. yes 15
#3. no 4
#4. no 0
#154. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company is going to buy new comp uters. And the accountant intends to create fixed asset budget transactions for the computers. According to the instruction of the Controller, budgets should be maintained for these assets in a separate journal. In Microsoft Dynamics AX 2009, what must be specified in the journal type to achieve this when creating the Journal in Journal names?
#1. Fixed assets must be specified in the journal type.
#2. Post fixed assets must be specified in the journal type.
#3. Fixed asset budget must be sp ecified in the journal type.
#4. Post fixed asset budget must be specified in the journal type.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#155. You are the system administrator of dynamics AX 2009. Your company uses Microsoft dynamics AX 2009. Your company has set a factor for depreciation for February 28 with 10%. The estimated quantity of the fixed asset is 2000 units and the unit depreciation price of the asset is 1.6. On February 28, the depreciation propo sal is calculated as USD 400 for the units defined. In Microsoft Dynamics AX 2009, which depreciation method does the Controller specify in the Depreciation profiles form?
#1. The controller specifies factor.
#2. The controller specifies manual.
#3. The controller specifies consumption.
#4. The controller specifie s straight line service
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#156. The reversal functionality can be applied to wh ich of the following transactions in Microsoft Dynamics AX 2009?
#1. Fixed assets
#2. Bank reconciliation
#3. Project invoices
#4. Credit notes
Vote
#1. yes 12
#2. no 0
#3. no 0
#4. no 0
#157. Contoso decides to stop business with one of it s customer, All Lights. The customer account is blocked for all transactions except the amount to be received from the customer. What setup must be made in the Stopped field in the Customers form?
#1. None
#2. All
#3. Invoice
#4. Payment
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#158. The Financial Controller decides to generate fi nancial statements that report on each of the ledger accounts with cost center dimensions in different columns. How is this achieved in Microsoft Dynamics AX 2009?
#1. Create two Dimension focuses for Ledger ac counts and Cost center, and specify the Cost center as the Secondary focus in the financial statement.
#2. Create two Dimension focuses for Ledger accounts and Cost Center, and Specify the Ledger account as the Secondary focus in the financial statement.
#3. Create a dimension focus for ledger accounts and Cost center, and specify this as the main focus in the financial statement.
#4. Create two Dimension focuses for Ledger accounts and Cost Center, and specify the Ledger account as the Secondary focus in the Dimension statement.
Vote
#1. yes 12
#2. no 0
#3. no 0
#4. no 0
#159. Microsoft Dynamics AX 2009 allows creating m any companies and defining intercompany relationships. How many journals are posted when a transaction is posted through an intercompany accounting daily j ournal in Microsoft Dynamics AX 2009?
#1. One
#2. Two
#3. Three
#4. Unlimited
Vote
#1. no 0
#2. yes 16
#3. no 0
#4. no 0
#160. What are the row type options available to create a row structure in the Structure designer form in Microsoft Dynamics AX 2009? C hoose the 2 that apply.
#1. Element
#2. Total
#3. Group Total
#4. Calculation
Vote
#1. yes 15
#2. no 0
#3. no 0
#4. yes 15
#161. Contoso Entertainment USA [CEU] receives a monthly invoice for the rent of the office it shares with Contoso Entertainment Canada [CEC]. The to tal rent is USD 1,000. CEU must pay USD 400 and CEC, USD 600. The payment is made by CEU. What ledger accounts must be specified to update two journals at the time of posting an Intercompany accounting journal in Microsoft Dynamics AX 2009 to record the USD 600 expense in CEC?
#1. CEU Rent account, CEC Rent account
#2. CEC Rent account ,CEC Bank account
#3. CEC Rent account, Due to Intercompany
#4. CEU Rent account, Due from Intercompany
Vote
#1. yes 16
#2. no 0
#3. no 0
#4. no 0
#162. What are the different ways to simulate a Budget in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Price
#2. Allocation
#3. Forecast
#4. Budget Settlement
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. yes 16
#163. What setup must be completed in the companies to implement the intercompany financial feature in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Set up constraints
#2. Set up journal names
#3. Set up posting relationships between companies
#4. Set up endpoint relationships between companies
Vote
#1. no 0
#2. yes 14
#3. yes 14
#4. no 0
#164. Contoso acquires a new fixed asset for USD 10,0 00. A depreciation factor of 10% and service life of six years is specified. The Controller wants to view the future depreciation transactions for the asset after entering it in the Fixed assets form. Wh ich of the following inquiry options in Microsoft Dynamics AX 2009 provide the required information to the Controller?
#1. Balances
#2. Profile
#3. Change history
#4. Depreciation books
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. no 0
#165. Contoso has set Allow asset acquisition from Accounts payable to Yes and the allowed user group was set to Accounts payable restricting the po sting of acquisition transactions in general ledger parameters. The Accounts Receivable Administ rator, who is not a member of this group, posts an Accounts payable invoice which creates a new fixed asset. What is the status of the asset in Microsoft Dynamics AX 2009?
#1. Open
#2. Invoiced
#3. Transferred
#4. Not yet acquired
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 14
#166. The acquisition price of an asset is USD 11, 000, and the depreciation percentage factor is defined as 30. USD 3300, USD 2310 and USD 1779, are the depreciation amounts for three years. What depreciation method mu st be specified in the Depreciation profile form to achieve this in Microsoft Dynamics AX 2009?
#1. Factor
#2. Reducing balance
#3. Consumption
#4. Straight line
Vote
#1. no 0
#2. yes 15
#3. no 0
#4. no 0
#167. A sorter is purchased and must be mounted on a photocopier that is already entered as a fixed asset. How is this achieved in Microsoft Dynamics AX 2009?
#1. This cannot be done.
#2. Select Allow Multiple acquisiti ons in General Ledger parameters.
#3. Enter the sorter in the General journal using the posting type Multiple acquisitions.
#4. Create a new fixed asset for the sorter, post and acquire. Add the sorter and photocopier assets by using the Add asset f unction under Fixed asset/Periodic.
Vote
#1. no 0
#2. yes 14
#3. no 0
#4. no 0
#168. Contoso purchases an asset costing USD 100, 000 with a cash discount of USD 5,000. Adjustments are being made to the acquisition pric e considering the discount. The asset has to be depreciated at 10% on the Straight line met hod on USD 95,000 as per company policy. How is this achieved in Microsoft Dynamics AX 2009?
#1. Enable Deduct cash discount in the Fixed assets form.
#2. Enable Deduct cash discount in the Fixed asset groups form.
#3. Enable Deduct cash discount in the Depreciation profiles form.
#4. Enable Deduct cash Discount in the General ledger parameters form.
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 18
#169. The Accountant of Contoso needs to record an ad ditional life cycle for an asset. Where is this information stored in Microsoft Dynamics AX2009?
#1. Fixed assets
#2. Fixed asset group
#3. Value model
#4. Posting profile
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#170. The Accountant wants to specify a check nu mber manually when generating a payment. What setup is required for the check number in the Check layout form in Microsoft Dynamics AX 2009?
#1. Variable
#2. Fixed
#3. Free
#4. Original
Vote
#1. no 0
#2. no 0
#3. yes 17
#4. no 0
#171. The Cash discount administration is set to unspecific. On October 1, an invoice is entered for USD 1000 for the customer, Desk World. A 2% disco unt is offered if the payment is made within seven days and 4% discount is offered if the payment is made within five days. The customer makes the payment on October 7. For what amount is the invoice settled in Microsoft Dynamics AX 2009?
#1. USD 960
#2. USD 980
#3. USD 1020
#4. USD 1040
Vote
#1. no 0
#2. yes 16
#3. no 0
#4. no 0
#172. The Controller wants to restrict posting customer transactions that exceed the credit limit amount, with respect to the customer balance. What mu st be selected to achieve this in Microsoft Dynamics AX 2009?
#1. The Mandatory credit limit check box in the Accounts receivables parameters form.
#2. The Mandatory Credit limit check box in the Customer groups form.
#3. The Mandatory credit limit ch eck box in the Customers form.
#4. The Stop transactions for credit limit amount in the Customer groups form.
Vote
#1. no 0
#2. no 0
#3. yes 15
#4. no 0
#173. Which calculation methods are available for def ining the Payment Fee in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Interval
#2. Period/Value
#3. Amount
#4. Percent
Vote
#1. no 1
#2. no 0
#3. yes 13
#4. yes 13
#174. Contoso has a standard vendor payment term of Net 30 days. If an order with a Net 30 days payment terms is received on August 15, and the in voice is dated September 15; what is the due date for the invoice in Microsoft Dynamics AX 2009?
#1. July 15
#2. August 15
#3. September 15
#4. October 15
Vote
#1. no 0
#2. no 0
#3. no 0
#4. yes 19
#175. What happens to posted transactions when a period of transactions is deleted in the period form in Microsoft Dynamics AX 2009?
#1. Period lines disappear in the periods form. A ll transactions in the period are also deleted.
#2. Period lines disappear in the periods form. A ll transactions in the period are consolidated by date.
#3. Period lines disappear in the periods form. A ll transactions in the period are accumulated into one transaction.
#4. Period lines disappear in the periods form. All transactions in the period remain the same.
Vote
#1. no 0
#2. no 0
#3. no 1
#4. yes 12
#176. Contoso Entertainment Europe (CEE) is the subsid iary of Contoso Entertainment US (CEU).The Consolidated company does not have any chart of accounts and the subsidiary chart of accounts is being used in the consolidated company. Whic h of the following statements are true when this consolidation is performed in Microsoft Dynamics AX 2009?
#1. The Current field must not be selected during the consolidation process.
#2. The Consolidation account field must be selected during the consolidation process.
#3. The Consolidation account field must not be selected during the consolidation process.
#4. Enter the consolidation account field in the Chart of accounts of the Subsidiary company.
Vote
#1. no 0
#2. no 0
#3. yes 14
#4. no 0
#177. For which of the following options can the posting validation settings for a ledger account be defined in Microsoft Dynamics AX 2009? Choose the 2 that apply.
#1. Sales tax code
#2. Currency
#3. Account type
#4. Sales tax group
Vote
#1. yes 15
#2. yes 17
#3. no 0
#4. no 0
#178. Contoso decides to print a Trial balance sheet to look for inconsistencies and make any adjustments before closing the period. What are t he possible ways to make these adjustments in Microsoft Dynamics AX 2009? C hoose the 2 that apply.
#1. Use the closing sheet.
#2. Use open transactions.
#3. Make typical adjustment entries as tr ansfers through the Chart of Accounts.
#4. Make regular adjustment entries using journals depending on the adjustment.
Vote
#1. yes 14
#2. no 1
#3. no 0
#4. yes 15
#179. Which of the following modules allow having a simulation for the exchange adjustment in Microsoft Dynamics AX 2009? C hoose the 2 that apply.
#1. Basic
#2. General ledger
#3. Accounts payable
#4. Accounts receivable
Vote
#1. no 0
#2. no 0
#3. yes 12
#4. yes 15
#180. The integration of the Fixed assets module with the Inventory management module is used for which type of asset transactions in Micros oft Dynamics AX 2009? Choose the 2 that apply.
#1. Acquisitions
#2. Depreciation
#3. Asset assembly
#4. Value adjustments
Vote
#1. yes 15
#2. no 0
#3. yes 13
#4. no 0
#181. Sales tax group can be attached to which of the following options in Microsoft Dynamics AX 2009? Choose the 3 that apply.
#1. Company
#2. Customers/Vendors
#3. Ledger accounts
#4. Ledger budget
Vote
#1. no 0
#2. yes 22
#3. yes 21
#4. yes 21
#182. The Controller asked the Accounts Payable Coordi nator to make a payment to a vendor for two invoices with no due date and no cash discount date. The Controller also gave the Accounts Payable Coordinator the invoice numbers from the vendors account statement that was printed from Microsoft Dynamics AX 2009. Which of the following options is used by the Accounts Payable Coordinator to select these invoices for payment?
#1. Enter a general journal for the two invoice lines.
#2. Enter an invoice journal for the two invoice lines
#3. Use the Settlement option to select the two invoice lines.
#4. Use the Payment Proposal option to select the two invoice lines.
Vote
#1. no 0
#2. no 0
#3. yes 21
#4. no 0
#183. The Accountant of Contoso wants to set up new terms of payment for a vendor that the company is making late payments to currently. As per the vendor request, the payments now must be made within 10 days. What Payment method must be specified in the Terms of payment form to achieve this in Microsoft Dynamics AX 2009?
#1. COD
#2. Net
#3. Gross
#4. Total
Vote
#1. no 0
#2. yes 22
#3. no 0
#4. no 0
#184. With what status can a check be deleted in Microsoft Dynamics AX 2009?
#1. Void
#2. Paid
#3. Created
#4. Canceled
Vote
#1. no 1
#2. no 0
#3. yes 22
#4. no 0
#185. How many Customer groups must be set up in Microsoft Dynamics AX 2009 to create customer records?
#1. Zero
#2. One
#3. Two
#4. Three
Vote
#1. no 1
#2. yes 23
#3. no 0
#4. no 0
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