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Updated: Jun 03, 2026
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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. 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) an account for automatic Penny difference in accounting currency transactions
B) an account for automatic Balance account for consolidation differences transactions
C) rounding rules in the Currencies form
D) an account for automatic Penny difference in reporting currency transactions
2. In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)
A) Validatethe system prompts the user to validate
B) Warning - the system generates a warning notification
C) Confirmthe system prompts the user to confirm
D) Error - the system generates an error notification
3. In Microsoft Dynamics AX 2012, which of the following statements about a chart of accounts is true?
A) A chart of accounts can be used for no more than one legal entity.
B) A separate chart of accounts can be used for each division of a legal entity.
C) A chart of accounts can be used for only one division of a legal entity.
D) A chart of accounts can be used for multiple legal entities within an organization.
4. In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)
A) You can post depreciation for the assets by using depreciation proposals.
B) You cannot post depreciation for the assets.
C) You can post depreciation for the assets by using the depreciation books journal.
D) You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.
5. On which Microsoft Dynamics AX 2012 list page can you view cash flow forecasts?
A) All customers
B) All purchase requisitions
C) All sales orders
D) All production orders
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,D | Question # 3 Answer: D | Question # 4 Answer: B,D | Question # 5 Answer: C |
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