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Q41. Which Role Center in Microsoft Dynamics AX 2012 provides access to key tasks, activities, and data related to the financial performance of an organization?
A. Finance Director Role Center
B. Accounting Manager Role Center
C. Controller Role Center
D. Accountant Role Center
Answer: D
Q42. You create a purchase requisition and distribute amounts to the subledger that records pre-encumbrance and encumbrance commitments in Microsoft Dynamics AX 2012.
Which of the following statements about entering purchase requisitions and updating the subledger is true?
A. After account distribution, the encumbrance can be previewed in the subledger journal. Posting occurs after final approval.
B. After account distribution, the encumbrance can be previewed and posted to the subledger. Final approval is not required.
C. After account distribution, the pre-encumbrance can be previewed and posted to the subledger. Final approval is not required,
D. After account distribution, the pre-encumbrance can be previewed in the subledger journal. Posting occurs after final approval.
Answer: A
Q43. A vendor requests that you distribute invoice payments equally to two bank accounts. How are allocation percentages for bank accounts specified?
A. Vendor invoice
B. By vendor bank account
C. By vendor payment
D. By vendor
Answer: A
Q44. Which of the following statements about financial dimensions in Microsoft Dynamics AX 2012 are true? (Each correct answer presents a complete solution, Choose two,)
A. Financial dimensions cannot be shared across an organization.
B. Financial dimensions cannot be mapped to other entities.
C. Financial dimensions form one or more segments of an account number.
D. You can create an unlimited number of financial dimensions.
Answer: BD
Q45. You are creating a category hierarchy in Microsoft Dynamics AX 2012.
Which category hierarchy type is available only when the Public Sector configuration key is enabled?
A. Commodity code hierarchy
B. Derived financial hierarchy
C. Procurement category hierarchy
D. Sales category hierarchy
Answer: B
Q46. You are managing purchase agreements in Microsoft Dynamics AX 2012.
Which purchase agreement classification allows you to enter insurance policy and bonding information?
A. Activities
B. Require direct invoicing
C. Subcontractors
D. Certification
Answer: D
Q47. You need to enable public sector features and functionalities in Microsoft Dynamics AX 2012.
What should you do?
A. In the License information form, import the license code for the public sector feature set.
B. In the License information form, enter the license code for the public sector feature set.
C. In the License configuration form, enable and disable the appropriate public sector configuration keys.
D. In the License information form, enable and disable the appropriate public sector
configuration keys.
Answer: C
Q48. You are assigning a default year-end process to a specific fund.
Which of the following statements is true?
A. It is not possible to carry forward budget from one fiscal year to the next.
B. You can override the specific year end processing option that has been assigned to a fund.
C. Only funds with a fund class of Fiduciary can be assigned a specific year-end process.
D. All funds must share the same default year-end processing option.
Answer: B