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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Fixed Assets | - Asset acquisition and setup - Asset disposal and reporting - Depreciation and value models |
| Cash and Bank Management | - Cash flow management - Payment journals and deposits - Bank account setup and reconciliation |
| Budgeting and Financial Control | - Budget control and tracking - Budget creation and maintenance |
| General Ledger | - Financial reporting and statements - Posting profiles and financial dimensions - Chart of accounts setup and management - Journal processing and entries |
| Accounts Payable | - Vendor setup and management - Invoice processing and approvals - Payment processing and settlements |
| Accounts Receivable | - Collections and payment processing - Sales invoices and credit management - Customer setup and management |
| Period Close and Reporting | - Financial consolidation and reporting - Month-end and year-end closing processes |
Microsoft Dynamics AX 2012 Financials Sample Questions:
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 only one time before the periods are closed for the Depreciation book.
- D. The Depreciation book can be re-run as many times as necessary while the periods are open for the Depreciation book.
Correct Answer: D 🗳️
You set up a fixed asset in Microsoft Dynamics AX 2012. You select the Allow asset acquisition from purchasing fixed asset parameter. What is the initial status of the fixed asset?
- A. Suspended
- B. Not yet acquired
- C. Scrapped
- D. Open
Correct Answer: D 🗳️
You need to post an intercompany general ledger journal. In Microsoft Dynamics AX 2012, what should you set up to enable intercompany posting? (Choose all that apply.)
- A. Set up the intercompany journal name in only one company.
- B. Set up the intercompany journal name in both companies.
- C. Set up the intercompany posting accounts in only one company.
- D. Set up the intercompany posting accounts in both companies.
Correct Answer: B,D 🗳️
In Microsoft Dynamics AX 2012, which additional user interface element exists when a workflow approval is set up for a journal?
- A. A green arrow to start the workflow.
- B. A yellow information bar.
- C. A Justify button in the action pane.
- D. A Validate button in the action pane.
Correct Answer: B 🗳️
You need to loan fixed assets in Microsoft Dynamics AX 2012. What should you do?
- A. Use the Loaned equipment periodic function.
- B. Click the Lend button on the Fixed asset form.
- C. Use the fixed asset journal.
- D. Use the inventory to fixedasset journal.
Correct Answer: C 🗳️
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