You are setting up the cash flow forecast in Microsoft Dynamics AX for your organization.
The organization has accounts that are identified as cash or cash equivalents. You need to
set up these accounts as liquidity accounts for cash flow forecast purposes. Where do you

set up the accounts?

You create a new bank account. You configure the check layout to be fixed. You need to
create the first batch of checks. Where should you create the checks?

A vendor contacts you about an unpaid invoice. You verify that a check was printed and
mailed one month ago. The vendor did not receive the check. You need to reissue a check
to the vendor. Which action should you perform?

In which three scenarios can you use a free text invoice? Each correct answer presents a
complete solution.

You have enabled the Bill of exchange feature in Microsoft Dynamics AX. You post a
protest bill of exchange to a customer account. Which account type on the customer posting
profile should be debited?

You need to revalue the foreign currency transactions in the Accounts payable subledger.
Which two statements describe what the foreign currency revaluation job accomplishes?
Each correct answer presents a complete solution.

You apply a customer payment. The payment amount is less than the amount of the
invoice. What are two results of this payment? Each correct answer presents part of the
solution.

What is the difference in the setup of periodic journals and voucher templates?

In which two scenarios should you use a periodic journal? Each correct answer presents a
complete solution.

You need to generate a vendor prepayment in a payment journal. Which two processes
should you complete before posting a prepayment? Each correct answer presents part of
the solution.