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| Section | Objectives |
|---|---|
| Topic 1: Accounts Receivable | - Sales invoices and credit management - Customer setup and management - Collections and payment processing |
| Topic 2: Period Close and Reporting | - Month-end and year-end closing processes - Financial consolidation and reporting |
| Topic 3: General Ledger | - Posting profiles and financial dimensions - Journal processing and entries - Financial reporting and statements - Chart of accounts setup and management |
| Topic 4: Accounts Payable | - Invoice processing and approvals - Payment processing and settlements - Vendor setup and management |
| Topic 5: Cash and Bank Management | - Payment journals and deposits - Cash flow management - Bank account setup and reconciliation |
| Topic 6: Fixed Assets | - Depreciation and value models - Asset disposal and reporting - Asset acquisition and setup |
| Topic 7: Budgeting and Financial Control | - Budget control and tracking - Budget creation and maintenance |
In Microsoft Dynamics AX 2012, what is two-way invoice matching?
Correct Answer: A 🗳️
What types of accounts payable invoice matching can you use in Microsoft Dynamics AX 2012? (Choose all that apply.)
Correct Answer: A,C 🗳️
Your company has more than 500 customers. You plan to set up customer groups in Microsoft Dynamics AX 2012 to support the creation of the customer master. What is the minimum number of customer groups that you must set up?
Correct Answer: A 🗳️
Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?
Correct Answer: B 🗳️
You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?
Correct Answer: C 🗳️
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