Microsoft MB6-871 Q&A - in .pdf

  • MB6-871 pdf
  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Aug 08, 2026
  • Q & A: 77 Questions and Answers
  • Convenient, easy to study.
    Printable Microsoft MB6-871 PDF Format. It is an electronic file format regardless of the operating system platform.
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Microsoft MB6-871 Value Pack
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  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
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  • Updated: Aug 08, 2026
  • Q & A: 77 Questions and Answers
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Microsoft MB6-871 Q&A - Testing Engine

  • MB6-871 Testing Engine
  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Aug 08, 2026
  • Q & A: 77 Questions and Answers
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Microsoft MB6-871 Exam Syllabus Topics:

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

                                  Microsoft Dynamics AX 2012 Financials Sample Questions:

                                  1. 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 Receivable function Foreign currency revaluation.
                                  B) Use the periodic Accounts Payable 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.


                                  2. What is the first step in the process of creating a new financial statement in Microsoft Dynamics AX 2012?

                                  A) Create a dimension set.
                                  B) Design the financial statement row structure.
                                  C) Create the financial statement column definition.
                                  D) Create a row definition.


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

                                  A) The Depreciation book can be re-run only two times before the periods are closed for the Depreciation book.
                                  B) The Depreciation book can be re-run only one time before the periods are closed for the Depreciation book.
                                  C) The Depreciation book cannot be re-run while the periods are open 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.


                                  4. You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?

                                  A) Set up number sequences on Inventory module parameters.
                                  B) Set up number sequences on General Ledger module parameters.
                                  C) Set up number sequences on Accounts Payable module parameters.
                                  D) Set up special number sequences on each fixed asset group.


                                  5. In Microsoft Dynamics AX 2012, which additional user interface element exists when a workflow approval is set up for a journal?

                                  A) A yellow information bar.
                                  B) A Justify button in the action pane.
                                  C) A Validate button in the action pane.
                                  D) A green arrow to start the workflow.


                                  Solutions:

                                  Question # 1
                                  Answer: C
                                  Question # 2
                                  Answer: A
                                  Question # 3
                                  Answer: D
                                  Question # 4
                                  Answer: B
                                  Question # 5
                                  Answer: A

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