Microsoft MB6-871 : Microsoft Dynamics AX 2012 Financials

MB6-871 real exams

Exam Code: MB6-871

Exam Name: Microsoft Dynamics AX 2012 Financials

Updated: Jul 22, 2026

Q & A: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

SectionObjectives
Topic 1: System Setup and Configuration- Financial module configuration
- Posting profiles and parameters
Topic 2: Cash and Bank Management- Cash flow management
- Bank account setup and reconciliation
Topic 3: Financial Reporting- Custom report generation
- Standard financial statements
Topic 4: General Ledger- Journal processing and posting
- Financial period closing and reporting
- Chart of accounts setup and management
Topic 5: Accounts Receivable- Invoicing and cash application
- Customer management and setup
- Credit management and collections
Topic 6: Fixed Assets- Depreciation and disposal processes
- Asset acquisition and capitalization
Topic 7: Budgeting and Financial Control- Budget control and variance analysis
- Budget creation and maintenance
Topic 8: Accounts Payable- Invoice processing and payments
- Aging and settlement processes
- Vendor management and setup

Microsoft Dynamics AX 2012 Financials Sample Questions:

1. You set up an asset in Microsoft Dynamics AX 2012. What is the initial status of the value model?

A) Open
B) Not yet acquired
C) Closed
D) Suspended


2. In Microsoft Dynamics AX 2012, what is the purpose of an invoice register journal?

A) To use as a voucher template.
B) To pre-register invoices when they arrive and then transfer them to an invoice pool for approval.
C) To enter and then post invoices when they arrive.
D) To display information about invoices that are pending approval.


3. 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 invoice journal
E) Accounts Receivable payment journal


4. Which of the following statements about Microsoft Dynamics AX 2012 elimination journal proposals are true? (Choose all that apply.)

A) An elimination journal proposal can be run only once.
B) An elimination journal proposal displays a preview of the results of elimination.
C) An elimination journal proposal posts automatically.
D) An elimination journal proposal enables you to validate the results of elimination.


5. In Microsoft Dynamics AX 2012, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?

A) To only the Fixed asset issue account.
B) To only the Fixed asset receipt account.
C) To only the Fixed asset suspense account.
D) To the Fixed asset issue and Fixed asset receipt accounts.


Solutions:

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

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