Microsoft MB6-871 exam : Microsoft Dynamics AX 2012 Financials

MB6-871 Exam Simulator
  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Aug 01, 2026
  • Q & A: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounts Payable- Invoice processing and approvals
- Payment processing and settlements
- Vendor setup and management
Topic 2: Budgeting and Financial Control- Budget control and tracking
- Budget creation and maintenance
Topic 3: Cash and Bank Management- Cash flow management
- Payment journals and deposits
- Bank account setup and reconciliation
Topic 4: Accounts Receivable- Sales invoices and credit management
- Customer setup and management
- Collections and payment processing
Topic 5: Fixed Assets- Asset acquisition and setup
- Asset disposal and reporting
- Depreciation and value models
Topic 6: Period Close and Reporting- Financial consolidation and reporting
- Month-end and year-end closing processes
Topic 7: General Ledger- Journal processing and entries
- Financial reporting and statements
- Posting profiles and financial dimensions
- Chart of accounts setup and management

Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which of the following are features of approval journals? (Choose all that apply.)

A) Adding an extra layer of approval control by using the posting restriction option.
B) Applying journal templates after posting but before transferring to history.
C) Setting up journal templates with a mandatory approval setting.
D) Adding user groups through the workflow management functionality.


2. What is the maximum number of collection letter codes that can be created for a collection letter sequence in Microsoft Dynamics AX 2012?

A) 5
B) 1
C) 6
D) 3


3. In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)

A) automatically based on fixed asset groups
B) automatically based on a fixed asset calendar
C) manually
D) automatically based on value models


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

A) All sales orders
B) All purchase requisitions
C) All production orders
D) All customers


5. Your company plans to charge interest on customer overdue payments. You set up the required interest codes in Microsoft Dynamics AX 2012. What is the next step?

A) Apply the interest codes to customer posting profiles.
B) Apply the interest codes to customer parameters.
C) Apply the interest codes to customer groups.
D) Apply the interest codes to the customer master.


Solutions:

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

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