You are setting up a funding rule in Microsoft Dynamics AX 2012 to define how to allocate charges for project contracts to multiple funding sources.
Which two values are required? (Each correct answer presents part of the solution. Choose two.)
Answer : A,D
Explanation: Ref:http://technet.microsoft.com/en-us/library/hh242721.aspx
A grant that funds a project has lapsed and additional funding has not been obtained.
Which funding type should you select on the Project contracts form in Microsoft Dynamics
AX 2012 to track additional transactions for the project?
Answer : A
Explanation: Ref:http://technet.microsoft.com/en-us/library/hh370701.aspx
You are revising an original budget by using the Project budget form in Microsoft Dynamics
AX 2012. You need to associate the original budget to the revision.
By which field should you associate the original and revised budgets?
Answer : B
Explanation: Ref:http://msdn.microsoft.com/en-us/subscriptions/hh209690.aspx
You need to allow for unplanned purchases in Microsoft Dynamics AX 2012.
What should you do?
Answer : C
Which Role Center in Microsoft Dynamics AX 2012 provides access to key tasks, activities, and data related to daily business operations?
Answer : C
You plan to assign a project contract as the funding source of a grant in Microsoft
Dynamics AX 2012. Which status must the grant have before you can assign a project contract as a funding source?
Answer : D
Your company requires that open purchase orders be processed at the end of the fiscal year.
You need to ensure that funds available for budgets are reduced in the closing year, and that budget funds are increased and made available in the new year.
What should you do?
Answer : A
Which of the following methods of creating account numbers in the chart of accounts requires the least amount of administrative effort?
Answer : D
Explanation: Ref:http://technet.microsoft.com/en-us/library/hh227530.aspx
You need to define how payments are applied to open transactions in Microsoft Dynamics
AX 2012.
What should you do?
Answer : B
Explanation: Ref:http://blog.mohamedaamer.com/microsoft-dynamics/understanding-the- settlement-mechanism-in-microsoft-dynamics-ax/
Which of the following classifications can you include when creating a purchase agreement?
Answer : A
You enter a fund entity for a financial dimension in Microsoft Dynamics AX 2012.
You need to classify the fund properly for reporting purposes.
In Microsoft Dynamics AX 2012, which of the following must you associate with fund classes?
Answer : D
Explanation: Ref:http://msdn.microsoft.com/en-us/library/hh208594.aspx
You plan to create grants and associate the funding providers for your organization.
Which of the following providers can be assigned as funding sources in Microsoft Dynamics
AX 2012? (Each correct answer presents a complete solution. Choose three.)
Answer : A,D,E
Which of the following functions can you perform in Microsoft Dynamics AX 2012 Public
Sector?
Answer : B
Explanation: Ref:http://msdn.microsoft.com/en-us/subscriptions/hh208558.aspx
You are processing settlements in a pooled cash setup in Microsoft Dynamics AX 2012.
Which of the following statements is true?
Answer : B
You enable encumbrance processing for purchase orders in Microsoft Dynamics AX 2012.
You need to ensure that all encumbrances are reversed and reestablished in the new fiscal year.
What should you do?
Answer : C
Explanation: Ref:http://technet.microsoft.com/en-us/library/hh209300.aspx
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