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Microsoft Dynamics AX 2012 Trade and Logistics Sample Questions:

1. When are ledger accounts that are set up in the Inventory Posting for inventory adjustment postings used in Microsoft Dynamics AX 2012? (Choose all that apply.)

A) When transferring items in a movement journal.
B) When the inventory is updated in the corresponding inventory adjustment journal.
C) When running an inventory close.
D) When posting a discrepancy in a counting journal.

2. In Microsoft Dynamics AX 2012, which of the following statements about the Physical inventory by inventory dimension report are true?

A) The report will display inventory transactions for items.
B) The report will display physical inventory data that has been posted to the general ledger.
C) The report will incorporate the item forecasted values.
D) The report will display inventory quantity and quantities for item issues and receipts.

3. When working with reservations in Microsoft Dynamics AX 2012, what must be specified according to the item's dimension groups, for all item issues?

A) product dimensions
B) tracking dimensions
C) inventory dimensions
D) storage dimensions

4. In Microsoft Dynamics AX 2012, what is the purpose of a quality order?

A) To define a warranty when products are sold.
B) To track issues with customers or vendors.
C) To confirm the results of an item inspection.
D) To define a set of tests that must be performed against an item.

5. In Microsoft Dynamics AX 2012, how can you set up inventory blocking? (Choose all that apply.)

A) on the item setup form
B) by running a batch job
C) by creating a quality order
D) manually

Solutions: