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| Section | Objectives |
|---|---|
| Accounts Receivable | - Customer setup and management - Collections and payment processing - Sales invoices and credit management |
| Period Close and Reporting | - Financial consolidation and reporting - Month-end and year-end closing processes |
| Budgeting and Financial Control | - Budget creation and maintenance - Budget control and tracking |
| Cash and Bank Management | - Payment journals and deposits - Cash flow management - Bank account setup and reconciliation |
| General Ledger | - Financial reporting and statements - Posting profiles and financial dimensions - Journal processing and entries - Chart of accounts setup and management |
| Fixed Assets | - Asset acquisition and setup - Depreciation and value models - Asset disposal and reporting |
| Accounts Payable | - Invoice processing and approvals - Vendor setup and management - Payment processing and settlements |
In Microsoft Dynamics AX 2012, which of the following types of information are required to create a journal entry line in the General Ledger? (Choose all that apply.)
Correct Answer: B,D,E,F 🗳️
In Microsoft Dynamics AX 2012, what is the process of Accounts Payable three-way invoice matching?
Correct Answer: C 🗳️
You set up an asset in Microsoft Dynamics AX 2012. What is the initial status of the value model?
Correct Answer: B 🗳️
Which of the following statements about value models for fixed assets in Microsoft Dynamics AX 2012 is true?
Correct Answer: A 🗳️
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: D 🗳️
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