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mb6-702 Microsoft Dynamics AX 2012 R3 Financials

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Share some Microsoft Dynamics AX 2012 mb6-702 exam questions and answers below.
What is the purpose of an account structure? 
A. To assign a default offset account to a main account 
B. To define the valid main account and financial dimension combinations 
C. To classify and group main accounts for analysis purposes 
D. To control how transactions are sorted and fields are printed on reports 
Answer: B 

Which form should you use to assign a chart of accounts to a legal entity? 
A. Configure account structures 
B. General ledger parameters 
C. Ledger 
D. Legal entities 
Answer: C

You are the Microsoft Dynamics AX administrator for an organization. The organization has a maximum cash credit limit of $20,000. If a payment is issued for more than the stated cash credit limit, the payment is rejected and the organization is fined. You need to ensure that payments do NOT exceed the cash credit limit. Which two actions should you perform? Each correct answer presents part of the solution. 
A. On the Bank accounts form, enter the Credit limit value. 
B. On the Bank accounts form, set the Bank account status option to Inactive for all transactions. 
C. On the Bank accounts form, enter the Active from and Active to dates. 
D. On the Cash and bank management parameters form, set the Bank credit limit tolerance option to Error. 
Answer: AD 

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