Microsoft-Microsoft Dynamics AX 2012 R2 Project Set 2

You set up a new internal project that includes work in process (WIP). You need to ensure that the actual project costs for hours,expenses,and items are posted to a WIP financial account on the balance sheet. Which form should you use to specify that each type of cost will be posted to balance accounts?

You set up the project validation feature. You need to restrict certain employees to use specific categories when they enter transactions in journals for particular projects. Which type of validation group should you configure?

You set up project management and accounting validation parameters. You need to accept valid options that are not defined in the respective validation groups. Which option should you select for the project/category combination?

What is the difference between advanced and simple internal projects?

Which journalizing option is used only for time tracking?

Which statement about fee forecasts is true?

Which statement describes what happens during the elimination process for a fixed-price project?

You create a project contract. You need to include indirect costs. Which billing rule should you select?

You use the progress billing rule to invoice a project. Which action can be performed automatically by Microsoft Dynamics AX?

You need to set up a pay when paid (PWP) term for a project. Which project type should you choose?