A grant that funds a project has lapsed and additional funding has not been obtained. Which funding type should you select on the Project contracts form in Microsoft Dynamics AX 2012 to track additional transactions for the project?
A. On hold
When can you allocate a project budget across time periods?
A. When there are pre-approved and approved amounts to be allocated.
B. When there are only pre-approved amounts to be allocated.
C. When there are only approved amounts to be allocated.
D. When there are only unapproved amounts to be allocated.
In Microsoft Dynamics AX 2012, you plan to allocate a project budget across periods. Which of the following statements are true when allocating budgets across periods? (Each correct answer presents a complete solution. Choose two.)
A. Budgets can be allocated only after approval.
B. Budgeted amounts are allocated equally across time periods by default.
C. Budgets can be allocated only before approval.
D. Budgeted amount allocation cannot be changed across time periods.
E. Budgets can be allocated at any time.
You are revising an original budget by using the Project budget form in Microsoft Dynamics AX 2012. You need to associate the original budget to the revision. By which field should you associate the original and revised budgets?
B. Revision ID
C. Revision Date
D. Budget Source
You are ready to bill for expenses to a project that uses funding from a grant. Which transition phase must the grant reflect in order to apply the grant funds to a project?
You are setting up a funding rule in Microsoft Dynamics AX 2012 to define how to allocate charges for project contracts to multiple funding sources. Which two values are required? (Each correct answer presents part of the solution. Choose two.)
A. Transaction type
B. Project ID
You plan to create a project budget in Microsoft Dynamics AX 2012. The project budget will be based on the budget for costs and revenue of a subproject. Which of the following properties can you use to associate the subproject? (Each correct answer presents a complete solution. Choose two.)
A. Project budget ID
B. Transaction type for cost and revenue
C. Budget source
D. Project for cost and revenue
You need to record an urgent purchase that overrides the standard purchasing process in Microsoft Dynamics AX 2012. Which type of purchase order should you create?
A. Confirming purchase order
B. Urgent purchase order
C. Unplanned purchase order
D. Critical purchase order
You enable encumbrance processing for purchase orders in Microsoft Dynamics AX 2012. You need to ensure that all encumbrances are reversed and reestablished in the new fiscal year. What should you do?
A. Keep purchase orders open and transfer encumbrances.
B. Close purchase orders and transfer encumbrances.
C. Process purchase orders with carry-forward amounts.
D. Process purchase orders without carry-forward amounts.
You are managing purchase agreements in Microsoft Dynamics AX 2012. Which purchase agreement classification allows you to enter insurance policy and bonding information?
B. Require direct invoicing
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