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QUESTION 31
You need to set up Foreign Currency Consolidation in Microsoft Dynamics AX 2012 to automatically post differences that result from consolidating subsidiaries with foreign currencies. What should you set up in the General Ledger?

A.    rounding rules in the Currencies form
B.    an account for automatic Penny difference in reporting currency transactions

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QUESTION 21
In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)

A.    To use encumbrance accounting, posting definitions are required.
B.    Closing purchase order encumbrances is part of the fiscal year closing process.
C.    When the pre-encumbrance process is enabled, the encumbrance process is required.
D.    To use encumbrance accounting with budget appropriation enabled, budget control is required.
E.    A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.

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QUESTION 11
You need to automatically select all vendor payments that are due within the same week.
In Microsoft Dynamics AX 2012, what should you do?

A.    Configure a payment control.
B.    Configure a payment fee.
C.    Create a payment method and select Date in the Period field.
D.    Create a payment method and select Week in the Period field.

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QUESTION 1
In Microsoft Dynamics AX 2012, which of the following statements about financial dimensions are true? (Choose all that apply.)

A.    Only the default financial dimensions are allowed.
B.    Financial dimensions can be created by using a form.
C.    Financial dimensions can be created by using a wizard.
D.    A user can create an unlimited number of financial dimensions.

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