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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cash and Bank Management | - Bank account setup and reconciliation - Cash flow management |
| Fixed Assets | - Depreciation and disposal processes - Asset acquisition and capitalization |
| System Setup and Configuration | - Financial module configuration - Posting profiles and parameters |
| General Ledger | - Financial period closing and reporting - Chart of accounts setup and management - Journal processing and posting |
| Accounts Payable | - Invoice processing and payments - Vendor management and setup - Aging and settlement processes |
| Budgeting and Financial Control | - Budget creation and maintenance - Budget control and variance analysis |
| Accounts Receivable | - Credit management and collections - Invoicing and cash application - Customer management and setup |
| Financial Reporting | - Custom report generation - Standard financial statements |
Microsoft Dynamics AX 2012 Financials Sample Questions:
1. Which type of fixed asset value adjustment is available in Microsoft Dynamics AX 2012?
A) Write up adjustment
B) Disposal sale
C) Provision for reserve
D) Disposal scrap
2. You need to ensure that Microsoft Dynamics
AX 2012 does not allow journal transactions for an account to result in a credit balance. What should you do?
A) On the Main accounts form, in the DB/CR requirement list, select Debit.
B) On the Main accounts form, in the DB/CR proposal list, select Debit.
C) On the Main accounts form, in the Main account type list, select Profit and Loss.
D) On the Main accounts form, in the Balance control list, select Debit.
3. In Microsoft Dynamics AX 2012, which of the following are features of approval journals? (Choose all that apply.)
A) Setting up journal templates with a mandatory approval setting.
B) Adding an extra layer of approval control by using the posting restriction option.
C) Applying journal templates after posting but before transferring to history.
D) Adding user groups through the workflow management functionality.
4. In Microsoft Dynamics AX 2012, when can you use the cross-rate functionality in the Accounts Receivable Settle open transaction form?
A) When the customer is making an advance payment.
B) When the invoice currency and payment currency are different.
C) When the customer invoice has been created by using a free text invoice.
D) When the invoice currency and payment currency are the same.
5. You need to enable sales tax calculation in Microsoft Dynamics AX 2012. Which of the following must you set up?
A) the ledger posting group that is attached to the sales tax groups
B) the item sales tax group that is attached to the customer, vendor, and item
C) the sales tax code for the sales tax groups
D) the sales tax authorities that are attached to the vendor
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A,B | Question # 4 Answer: B | Question # 5 Answer: C |
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