Q1. You create a purchase requisition and add requisition lines.
What is the status of the purchase requisition before submitting it to the workflow?
A. In review
B. In process
C. Draft
D. Approved
Answer: C
Q2. You are the controller for your company.
Company policy states that whena sales order is entered, the credit limit needs to be checked against the outstanding balance owed plus any sales order that has not been shipped, delivered, or invoiced yet.
How should you configure Microsoft Dynamics AX Distribution and Trade in thissituation?
A. In the Customer record, set the Credit limit to 0, which will check against all outstanding transactions.
B. In the Customer record, disable the Mandatory credit limit.
C. In Accounts receivable parameters, set the Credit limit type toBalance.
D. In Accounts receivable parameters,set the Credit limit type to Balance+All.
Answer: D
Q3. You are the accounts payable manager for your company.
You want to create an invoice, but you do not need the approvalprocess.
Which method allows you to post as soon as you record the invoice from the vendor?
A. Voucher template
B. Invoice journal
C. Invoice register
D. Periodic journal
Answer: D
Q4. 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
Q5. The bill of exchange process needs to be set up on your new Microsoft Dynamics AX Distribution and Trade system.
Which three configuration steps are required? Each correct answer presents part of the solution.
A. journal names foreachstage
B. bridging account
C. posting profiles
D. remittance format
E. a method of payment
Answer: A,D,E
Q6. You are creating new sales agreements for a new customer. The commitment type is configured to be product quantity commitment.
Which two settings are available for this type of agreement and unavailable for other types ofagreements? Each correct answer presents a complete solution.
A. Amount
B. Unit
C. Discount
D. Quantity
Answer: B,D