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Microsoft MB6-871 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger- Posting profiles and financial dimensions
- Chart of accounts setup and management
- Journal processing and entries
- Financial reporting and statements
Topic 2: Fixed Assets- Asset acquisition and setup
- Depreciation and value models
- Asset disposal and reporting
Topic 3: Budgeting and Financial Control- Budget control and tracking
- Budget creation and maintenance
Topic 4: Cash and Bank Management- Payment journals and deposits
- Cash flow management
- Bank account setup and reconciliation
Topic 5: Accounts Payable- Vendor setup and management
- Invoice processing and approvals
- Payment processing and settlements
Topic 6: Period Close and Reporting- Month-end and year-end closing processes
- Financial consolidation and reporting
Topic 7: Accounts Receivable- Collections and payment processing
- Sales invoices and credit management
- Customer setup and management

Microsoft Dynamics AX 2012 Financials Sample Questions:

Which of the following statements about customer account statements in Microsoft Dynamics AX 2012 are true? (Choose all that apply.)

  • A. In a multi-company environment, a customer account statement can include transactional data for multiple companies.
  • B. A customer account statement displays only transactional data for a period.
  • C. In a multi-company environment, a customer account statement can include transactional data for only one company.
  • D. If a customer account statement includes multiple currencies, the statement displays the opening and closing balance for each currency.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Which of the following statements about the Microsoft Dynamics
AX 2012 Depreciation book is true?

  • A. The Depreciation book cannot be re-run while the periods are open for the Depreciation book.
  • B. The Depreciation book can be re-run only two times before the periods are closed for the Depreciation book.
  • C. The Depreciation book can be re-run as many times as necessary while the periods are open for the Depreciation book.
  • D. The Depreciation book can be re-run only one time before the periods are closed for the Depreciation book.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

You need to enter fixed asset acquisitions into Microsoft Dynamics AX 2012. Where can you do this?

  • A. In the Free text invoice form of the Accounts Receivable module.
  • B. In the payment journal of the Accounts Receivable module.
  • C. In the general journal of the General Ledger module.
  • D. In the payment journal of the Accounts Payable module.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?

  • A. To enable the automatic completion of form fields.
  • B. To import Microsoft Excel data.
  • C. To enable users to bulk-update records.
  • D. To transfer sales tax information.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Your company has more than 500 customers. You plan to set up customer groups in Microsoft Dynamics AX 2012 to support the creation of the customer master. What is the minimum number of customer groups that you must set up?

  • A. 4
  • B. 2
  • C. 8
  • D. 1
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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