Q1. You are the controller at Contoso, Ltd. You have configured the chart ofaccounts for the company and included two main accounts that should be used for posting vendor account balances. One is used for regular external vendor accounts, and the other is used for intercompany vendor accounts.
You need to configure the system touse these two main accounts. What should you do?
A. Create a vendor posting profile.
B. Create a journal name.
C. Create an inventory posting profile.
D. Create an allocation journal.
Answer: A
Q2. You need to configure the costing methodology to be a Weighted Average for all items. What should you configure?
A. product dimension groups
B. item model groups
C. tracking dimension groups
D. item groups
Answer: B
Q3. You set up a Best Supplier in a Vendor group, but after 6 months of using that group, you need to change the settings for that vendor to those of another vendor group.
What are two possible ways to achieve this goal? Each correct answer presents part of the solution.
A. Change the vendor group associated with the vendor.
B. Delete the vendor, and then re-set the vendor up with a different account and different vendor group.
C. Change the settings on the vendor group associated with the vendor.
D. Change the individualsettings, including the posting profiles and default settings, on the vendor to those of the desired group.
Answer: A,C
Q4. You are an accounts payablecoordinator.
You want to track the fees paid on transport for various items purchased from a vendor. What should you do?
A. Create item charges groups.
B. Create delivery charges groups.
C. Create charge codes.
D. Create vendor charges groups.
Answer: C
Q5. In a meeting with the customer service manager, you learn that several customers do not realize that they need cables when buying speakers. The customer service representatives want the ability to add the cost ofthe cables to the sales order after asking the customer.
You decide that the cost of the cables should be added as charges to the sales order and not as a separate Sales order line.
How should you configure Microsoft Dynamics AX Distribution and Tradeto automatically add this charge for those customers wanting them based on the sales order line for number of speakers sold?
A. Set up a charges code for a fixed amount.
B. Set up a charge for pieces.
C. Set up an auto charge.
D. Set up an item charge related to the speakers.
Answer: A
Q6. You are the payroll manager for your company. You are responsible for paying commission to sales personnel. One rulefor the company is to pay a higher commission rate for new customers.
You need to configure Microsoft Dynamics AX Distribution and Trade to calculate these amounts.
What should you set up in Microsoft Dynamics AX to capture the sales from those customersdefined as new?
A. Commission posting
B. Commission calculation
C. Customer group for commissions
D. Sales group
Answer: C
Q7. You are the accounts receivable manager for your company.
You need to set up a new customer as soon as possible. You add the customer’s name and address, contact information, their bank information, and all delivery information.
What information is required before you can save the customer?
A. terms of payment
B. credit limit
C. customer group
D. sales tax group
Answer: C
Q8. You need to explain the new sales quotation process to your sales team.
You want to cover the items that are included in the basic quotation to the customer. Which three items are included in a quotation? Each correct answer presents part of the
solution.
A. trade agreements
B. sales agreements
C. discounts
D. taxes and surcharges
E. direct delivery
Answer: A,C,D
Q9. You are creating a new product master.
Which three steps should you complete on the product master before using the product on salesorders and purchase orders? Each correct answer presents part of the solution.
A. Create product attributes in one or more legal entities.
B. Create product dimension values.
C. Create product variants.
D. Release the products and variants to one or morelegal entities.
E. Create product dimension groups.
Answer: B,D,E
Q10. You are an accounts receivable manager.
Your company wants its top 10 customers in August to receive a best-selling product at a reduced price.
You need to establish a price.
Which two actions should you perform to configure Microsoft Dynamics AX Distribution and Trade for this task? Each correct answer presents part of the solution.
A. Set up the item sales price in the released product table.
B. Set up a Customer group for the 10 customers to be assigned to.
C. Setup a price/discount journal.
D. Set up a Price/Discount group for the 10 customers.
Answer: C,D