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Microsoft Microsoft Dynamics AX 2012 MB6-871

MB6-871

Exam Code: MB6-871

Exam Name: Microsoft Dynamics AX 2012 Financials

Updated: Aug 22, 2026

Q & A: 77 Questions and Answers

MB6-871 Free Demo download:

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Microsoft MB6-871 Exam Syllabus Topics:

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

                                  Microsoft Dynamics AX 2012 Financials Sample Questions:

                                  Question 1

                                  In Microsoft Dynamics AX 2012, which of the following account types can you choose in a general journal line? (Choose all that apply.)

                                  A. Ledger
                                  B. Vendor
                                  C. Project
                                  D. Sales Order
                                  E. Item


                                  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 production orders
                                  D. All customers


                                  Question 3

                                  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 invoice has been created by using a free text invoice.
                                  B. When the invoice currency and payment currency are different.
                                  C. When the invoice currency and payment currency are the same.
                                  D. When the customer is making an advance payment.


                                  Question 4

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

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


                                  Question 5

                                  In Microsoft Dynamics AX 2012, which of the following statements must be true in order to edit the calendar attached to a Depreciation book?

                                  A. No journals or transactions with an Open status exist for the Depreciation book.
                                  B. No journals or transactions with a Suspended status exist for the Depreciation book.
                                  C. No journals or transactions with aclosedstatus exist for the Depreciation book.
                                  D. No journals or transactions with any status exist for the Depreciation book.


                                  Solutions:

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

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