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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Manage Financials I | 36% | - Set up and manage General Ledger
- Accounts Receivable
|
| Topic 2: Manage Financials II | 33% | - Multicurrency and Intercompany Accounting - Budgeting and Cash Flow Management
- Year-end Close and Financial Reporting
|
| Topic 3: Manage Fixed Assets | 31% | - Asset Acquisition and Disposal - Fixed Assets Setup
- Depreciation and Adjustment Transactions |
Microsoft Dynamics AX 2012 Financials Sample Questions:
1. When posting year-end transactions in Microsoft Dynamics AX 2012, which posting layer is designed for the closing sheet?
A) Closing
B) Current
C) Operations
D) Opening
2. You need to set up Foreign Currency Consolidation in Microsoft Dynamics AX 2012 to automatically post differences that result from consolidating subsidiaries with foreign currencies. What should you set up in the General Ledger?
A) an account for automatic Penny difference in reporting currency transactions
B) an account for automatic Penny difference in accounting currency transactions
C) rounding rules in the Currencies form
D) an account for automatic Balance account for consolidation differences transactions
3. Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?
A) Set the period status to current for new fiscal periods.
B) Create an opening balance for the new fiscal year.
C) Delete close-of-year transactions during transfer.
D) Set the Main accounts to the default value for the new fiscal year.
4. In Microsoft Dynamics AX 2012, what is budget control functionality?
A) zero-based budgeting
B) a method of ensuring that sufficient budget funds are available for planned or actual purchases
C) a process in the Workflow Management module
D) incremental budgeting
5. In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)
A) manually
B) automatically based on a fixed asset calendar
C) automatically based on value models
D) automatically based on fixed asset groups
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A,D |
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