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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| General Ledger | - Journal processing and entries - Posting profiles and financial dimensions - Financial reporting and statements - Chart of accounts setup and management |
| Budgeting and Financial Control | - Budget control and tracking - Budget creation and maintenance |
| Fixed Assets | - Asset acquisition and setup - Asset disposal and reporting - Depreciation and value models |
| Accounts Receivable | - Customer setup and management - Sales invoices and credit management - Collections and payment processing |
| Accounts Payable | - Payment processing and settlements - Invoice processing and approvals - Vendor setup and management |
| Period Close and Reporting | - Financial consolidation and reporting - Month-end and year-end closing processes |
| Cash and Bank Management | - Payment journals and deposits - Cash flow management - Bank account setup and reconciliation |
Microsoft Dynamics AX 2012 Financials Sample Questions:
1. You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?
A) Set up number sequences on General Ledger module parameters.
B) Set up number sequences on Accounts Payable module parameters.
C) Set up special number sequences on each fixed asset group.
D) Set up number sequences on Inventory module parameters.
2. Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?
A) There is one workflow type for each module.
B) A workflow configuration is based on a workflow type.
C) A workflow configuration is based on a workflow style.
D) Within each workflow configuration, all approval nodes are used.
3. When posting year-end transactions in Microsoft Dynamics AX 2012, which posting layer is designed for the closing sheet?
A) Closing
B) Operations
C) Opening
D) Current
4. In Microsoft Dynamics AX 2012, with which journal types can you use a voucher template? (Choose all that apply.)
A) Accounts Payable invoice journal
B) General Ledger general journal
C) Accounts Payable payment journal
D) Accounts Receivable payment journal
E) Accounts Receivable invoice journal
5. In Microsoft Dynamics AX 2012, which of the following transactions can be reversed by using the Reverse Transaction functionality? (Choose all that apply.)
A) General Ledger transactions that relate to general journal entries
B) Customer transactions that relate to sales orders
C) Vendor transactionsthat relate to purchase orders
D) Fixed Asset transactions thatrelate to fixed asset postings
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A,B | Question # 5 Answer: A,D |
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