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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounts Payable | - Vendor management and setup - Invoice processing and payments - Aging and settlement processes |
| Fixed Assets | - Depreciation and disposal processes - Asset acquisition and capitalization |
| Cash and Bank Management | - Bank account setup and reconciliation - Cash flow management |
| System Setup and Configuration | - Financial module configuration - Posting profiles and parameters |
| Budgeting and Financial Control | - Budget control and variance analysis - Budget creation and maintenance |
| General Ledger | - Financial period closing and reporting - Chart of accounts setup and management - Journal processing and posting |
| Accounts Receivable | - Customer management and setup - Invoicing and cash application - Credit management and collections |
| Financial Reporting | - Standard financial statements - Custom report generation |
Microsoft Dynamics AX 2012 Financials Sample Questions:
Question 1
What types of accounts payable invoice matching can you use in Microsoft Dynamics AX 2012? (Choose all that apply.)
A. four-way matching
B. three-way matching
C. charges matching
D. sales order matching
Question 2
In Microsoft Dynamics AX 2012, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?
A. To only the Fixed asset issue account.
B. To only the Fixed asset receipt account.
C. To the Fixed asset issue and Fixed asset receipt accounts.
D. To only the Fixed asset suspense account.
Question 3
Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?
A. Create an opening balance for the new fiscal year.
B. Delete close-of-year transactions during transfer.
C. Set the Main accounts to the default value for the new fiscal year.
D. Set the period status to current for new fiscal periods.
Question 4
In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)
A. You can post depreciation for the assets by using the depreciation books journal.
B. You cannot post depreciation for the assets.
C. You can post depreciation for the assets by using depreciation proposals.
D. You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.
Question 5
In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)
A. Warning - the system generates a warning notification
B. Error - the system generates an error notification
C. Validatethe system prompts the user to validate
D. Confirmthe system prompts the user to confirm
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: B,D | Question 5 Answer: A,B |
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