NEW QUESTION NO: 6
You are the payroll manager for your company. You are responsible for paying commission to sales personnel. One rule for the company is to pay a higher commission rate for new customers.
You need to configure Microsoft Dynamics AX Distribution and Trade to calculate these amounts.
What should you set up in Microsoft Dynamics AX to capture the sales from those customers defined as new?
A. Commission posting
B. Sales group
C. Customer group for commissions
D. Commission calculation
Answer: C

NEW QUESTION NO: 7
You are the accounts receivable manager for your company.
You need to set up a new customer as soon as possible. You add the customer's name and address, contact information, their bank information, and all delivery information.
What information is required before you can save the customer?
A. customer group
B. sales tax group
C. terms of payment
D. credit limit
Answer: A

NEW QUESTION NO: 8
You are creating a new product master.
Which three steps should you complete on the product master before using the product on sales orders and purchase orders? Each correct answer presents part of the solution.
A. Release the products and variants to one or more legal entities.
B. Create product attributes in one or more legal entities.
C. Create product dimension groups.
D. Create product dimension values.
E. Create product variants.
Answer: A,C,D

NEW QUESTION NO: 9
You are the accounts payable payment clerk at your company.
While you are printing checks, one of the checks gets jammed in the printer and must be reprinted.
Which feature should you use to cancel the damaged check?
A. Settle transactions
B. Void the payment
C. Payment reversal
D. Undo settlement
Answer: B
Explanation/Reference:
References:
https://technet.microsoft.com/en-gb/library/aa551642.aspx

NEW QUESTION NO: 10
You work for an apparel company.
You are creating a new category hierarchy.
How many levels can be added to the category hierarchy?
A. unlimited
B. two
C. ten
D. one
Answer: A

NEW QUESTION NO: 11
You are an order processor at Contoso, Ltd.
You create a new sales order for a wholesale company. Later, the sales manager at Contoso, Ltd. for the wholesales account informs you that their company has a sales agreement for a 10 percent discount on apparel items.
You need to ensure that the discount is applied correctly to the order and that the order updates the fulfillment of the sales agreement.
What should you do?
A. Put the sales order on hold, and then create a release from the sales agreement.
B. Update the existing sales order lines to link to the sales agreement by using the Create link option under the Update line button on the sales order.
C. Update the existing sales order lines to link to the sales agreement by using the Price details option under the Sales order line button on the sales order.
D. Delete the sales order, and then create a new sales order by using the Copy from journal function.
Answer: B

NEW QUESTION NO: 12
You are the controller at Contoso, Ltd. You have configured the chart of accounts for the company and included two main accounts that should be used for posting vendor account balances. One is used for regular external vendor accounts, and the other is used for intercompany vendor accounts.
You need to configure the system to use these two main accounts.
What should you do?
A. Create an allocation journal.
B. Create a vendor posting profile.
C. Create a journal name.
D. Create an inventory posting profile.
Answer: B

NEW QUESTION NO: 13
You are implementing Microsoft Dynamics AX Distribution and Trade for a new customer.
You need to configure the costing methodology to be a Weighted Average for all items.
What should you configure?
A. item model groups
B. product dimension groups
C. item groups
D. tracking dimension groups
Answer: A

NEW QUESTION NO: 14
You are presenting sales quotations to your client for review.
What are the two statuses that can be selected on an open sales quotation? Each correct answer presents a complete solution.
A. Run in the background is selected.
B. Order status is confirmed.
C. Reason lost or cancelled is selected.
D. Order status is sent.
Answer: B,C

NEW QUESTION NO: 15
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. remittance format
B. bridging account
C. a method of payment
D. posting profiles
E. journal names for each stage
Answer: C,D,E

NEW QUESTION NO: 16
A matching discrepancy exceeds a tolerance percentage or amount, and match variance icons are displayed in the Vendor invoice form.
What are the three types of matching that can be performed in this scenario? Each correct answer presents part of the solution.
A. two-way matching
B. terms of payment patching
C. cash discount matching
D. invoice totals matching
E. three-way matching
Answer: A,D,E