Microsoft MB6-871 - Microsoft Dynamics AX 2012 Financials

Microsoft MB6-871 Actual PDF
  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Sep 03, 2026
  • Q & A: 77 Questions and Answers
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Microsoft MB6-871 Exam Syllabus Topics:

SectionWeightObjectives
Manage Financials I36%- Accounts Payable
  • 1. Invoice and payment processing
    • 2. Vendor setup
      - Set up and manage General Ledger
      • 1. Daily General Ledger procedures
        • 2. Journal setup and processing
          • 3. Chart of accounts configuration
            - Accounts Receivable
            • 1. Sales order and collection processing
              • 2. Customer setup
                - Cash and Bank Management
                • 1. Bank accounts setup
                  • 2. Reconciliation processes
                    - Sales tax configuration and management
                    Manage Financials II33%- Financial Consolidations
                    - Budgeting and Cash Flow Management
                    • 1. Budget setup and control
                      • 2. Cash flow forecasting
                        • 3. Commitment accounting
                          - Multicurrency and Intercompany Accounting
                          - Advanced Payment and Settlement
                          - Year-end Close and Financial Reporting
                          • 1. Closing procedures
                            • 2. Financial statement generation
                              Manage Fixed Assets31%- Asset Acquisition and Disposal
                              - Fixed Asset Reporting
                              - Depreciation and Adjustment Transactions
                              - Fixed Assets Setup
                              • 1. Depreciation books and profiles
                                • 2. Asset groups and parameters

                                  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. charges matching
                                  • C. three-way matching
                                  • D. sales order matching
                                  Answer: B,C
                                  Question #2

                                  On which Microsoft Dynamics AX 2012 list page can you view cash flow forecasts?

                                  • A. All purchase requisitions
                                  • B. All sales orders
                                  • C. All customers
                                  • D. All production orders
                                  Answer: B
                                  Question #3

                                  You need to loan fixed assets in Microsoft Dynamics AX 2012. What should you do?

                                  • A. Click the Lend button on the Fixed asset form.
                                  • B. Use the inventory to fixedasset journal.
                                  • C. Use the fixed asset journal.
                                  • D. Use the Loaned equipment periodic function.
                                  Answer: C
                                  Question #4

                                  You need to process exchange rate adjustments on eligible main accounts. In Microsoft Dynamics AX 2012, what should you do?

                                  • A. Use the periodic Accounts Payable function Foreign currency revaluation.
                                  • B. Use the periodic Accounts Receivable function Foreign currency revaluation.
                                  • C. Use the periodic General Ledger function Foreign currency revaluation.
                                  • D. Use the periodic General Ledger function Ledger accounting currency conversion.
                                  Answer: C
                                  Question #5

                                  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 suspense account.
                                  • C. To the Fixed asset issue and Fixed asset receipt accounts.
                                  • D. To only the Fixed asset receipt account.
                                  Answer: C

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