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Microsoft MB6-871 Exam Syllabus Topics:

Microsoft Dynamics AX 2012 Financials Sample Questions:

1. 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.

2. You need to delete a check from Microsoft Dynamics AX 2012. What status must the check have before it can be deleted?

A) Created
B) Processed
C) Invoiced
D) Void

3. In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)

A) To use encumbrance accounting, posting definitions are required.
B) To use encumbrance accounting with budget appropriation enabled, budget control is required.
C) A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.
D) Closing purchase order encumbrances is part of the fiscal year closing process.
E) When the pre-encumbrance process is enabled, the encumbrance process is required.

4. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?

A) In the Fixed asset posting profile form.
B) In the corresponding main account.
C) In the Fixed asset parameters form.
D) In the Fixed asset group form.

5. You need to remove consolidation transactions in Microsoft Dynamics AX 2012. What should you do?

A) In the Consolidation form, click the Delete button.
B) In the general ledger journal, create reversal transactions for the consolidation transactions.
C) In the consolidation account transactions, click the Reverse transaction button.
D) In the Consolidation form, click the Remove transactions button.

Solutions: