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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Fixed Assets | - Depreciation and value models - Asset disposal and reporting - Asset acquisition and setup |
| General Ledger | - Chart of accounts setup and management - Journal processing and entries - Financial reporting and statements - Posting profiles and financial dimensions |
| Cash and Bank Management | - Cash flow management - Payment journals and deposits - Bank account setup and reconciliation |
| Accounts Receivable | - Sales invoices and credit management - Customer setup and management - Collections and payment processing |
| Period Close and Reporting | - Financial consolidation and reporting - Month-end and year-end closing processes |
| Accounts Payable | - Vendor setup and management - Payment processing and settlements - Invoice processing and approvals |
| Budgeting and Financial Control | - Budget creation and maintenance - Budget control and tracking |
Microsoft Dynamics AX 2012 Financials Sample Questions:
Question 1
In Microsoft Dynamics AX 2012, which fixed
asset transaction type can post simultaneously with standard fixed asset depreciation?
A. Summarize depreciation
B. Extraordinary depreciation
C. Bonus depreciation
D. Depreciation adjustment
Question 2
Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?
A. A workflow configuration is based on a workflow style.
B. Within each workflow configuration, all approval nodes are used.
C. A workflow configuration is based on a workflow type.
D. There is one workflow type for each module.
Question 3
In Microsoft Dynamics AX 2012, which of the following statements must be true in order to edit the calendar attached to a Depreciation book?
A. No journals or transactions with aclosedstatus exist for the Depreciation book.
B. No journals or transactions with any status exist for the Depreciation book.
C. No journals or transactions with an Open status exist for the Depreciation book.
D. No journals or transactions with a Suspended status exist for the Depreciation book.
Question 4
While invoice-updating a sales order, Microsoft Dynamics AX 2012 displays the following error. Account number for transaction type Tax does not exist. You need to resolve the error. What should you do?
A. Create a record in the item Posting form for the sales tax group that is used in the sales order.
B. In the Sales tax codes form, set the ledger posting group for the tax combination from the sales order.
C. In the Customer posting profiles form, set the sales tax prepayment main account for the customer.
D. In the Ledger posting groups form, specify the main account for the corresponding ledger posting group.
Question 5
You need to delete a check from Microsoft Dynamics AX 2012. What status must the check have before it can be deleted?
A. Void
B. Invoiced
C. Created
D. Processed
Solutions:
| Question 1 Answer: B | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: D | Question 5 Answer: C |






