You need to update the organization hierarchy to prepare for a reorganization of your
business. Which effective date is valid when you publish the updated hierarchy?

You need to set up preprinted checks in the Cash and bank management module. Which
two settings should you define? Each correct answer presents part of the solution.

You need to create vendor accounts by using Microsoft Dynamics AX. Which field is
mandatory for creating a vendor account?

In which three modules is currency rounding configuration an option? Each correct answer
presents a complete solution.

You need to create a budget register entry that will spread the amount you enter into the
line across multiple business units based on the revenue from the previous quarter. What
should you do?

You select Business unit and Department as the only financial dimensions to use with
budget control. You need to prevent a budget overrun on all direct expense accounts. What
should you do?

The encumbrance process is enabled in your Microsoft Dynamics AX environment. A buyer
for your organization creates a purchase order for a $10,000 contract with a lawyer who is
providing legal advice related to a claim. You post an invoice for $2,000 from the lawyer for
the cost of his services so far. What is the encumbrance amount for the contract with the
lawyer after the invoice is posted?

You set up and activate a new budget planning process. You generate the original budget
plan from the general ledger data. The department managers need to enter their requested
amounts for the budget plan and then load them back into Microsoft Dynamics AX. Where
should the department managers enter the data?

Each department manager at your company is responsible for managing his or her own
department’s budgets. The budget manager decides that some departments must use a
different budget threshold than other departments. You need to configure Microsoft
Dynamics AX to ensure that the new policies are enforced. What should you configure?

Your organization is using the Budgeting module to develop a budget plan. The budget plan
needs to go through various phases before it is approved. Where do you define these
phases on the Budget planning configuration form?