Microsoft Dynamics AX 2012 Financials : MB6-871 Exam

  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Aug 13, 2026
  • Q & A: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

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

Microsoft Dynamics AX 2012 Financials Sample Questions:

1. 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 customer is making an advance payment.
C) When the invoice currency and payment currency are the same.
D) When the invoice currency and payment currency are different.


2. You enter a new fixed asset, number FUR-ELC000136, in Microsoft Dynamics AX 2012. When you validate the acquisition journal for the new fixed asset, the system displays the following message: Account for the transaction type, value model, does not exist for fixed asset FUR- ELC000136. What is the cause of the problem?

A) The main account for the acquisition transaction type does not exist in the fixed asset posting profile.
B) The main account for the acquisition transaction type does not exist in the main account table.
C) The offset account does not exist in the Acquisition journal name form.
D) The main account for the acquisition transaction type does not exist in the value model.


3. In Microsoft Dynamics AX 2012 which journal type should you use in the Journal name form if budgets for fixed assets are required?

A) Post fixed asset
B) Periodic
C) Daily
D) Fixed asset budget


4. In Microsoft Dynamics AX 2012, which additional user interface element exists when a workflow approval is set up for a journal?

A) A Validate button in the action pane.
B) A yellow information bar.
C) A Justify button in the action pane.
D) A green arrow to start the workflow.


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

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


Solutions:

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

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