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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounts Payable | - Vendor setup and management - Invoice processing and approvals - Payment processing and settlements |
| Budgeting and Financial Control | - Budget creation and maintenance - Budget control and tracking |
| Fixed Assets | - Asset acquisition and setup - Asset disposal and reporting - Depreciation and value models |
| Accounts Receivable | - Collections and payment processing - Sales invoices and credit management - Customer setup and management |
| Period Close and Reporting | - Financial consolidation and reporting - Month-end and year-end closing processes |
| General Ledger | - Chart of accounts setup and management - Posting profiles and financial dimensions - Financial reporting and statements - Journal processing and entries |
| Cash and Bank Management | - Payment journals and deposits - Bank account setup and reconciliation - Cash flow management |
Microsoft Dynamics AX 2012 Financials Sample Questions:
You need to set up the Microsoft Dynamics
AX 2012 chart of accounts for intercompany transactions. Which ledger account type should you specify for the Due to and Due from ledger accounts?
- A. Balance sheet
- B. Profit and loss
- C. Revenue
- D. Reporting
Correct Answer: A 🗳️
Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?
- A. There is one workflow type for each module.
- B. A workflow configuration is based on a workflow type.
- C. Within each workflow configuration, all approval nodes are used.
- D. A workflow configuration is based on a workflow style.
Correct Answer: B 🗳️
You need to enable sales tax calculation in Microsoft Dynamics AX 2012. Which of the following must you set up?
- A. the sales tax authorities that are attached to the vendor
- B. the ledger posting group that is attached to the sales tax groups
- C. the sales tax code for the sales tax groups
- D. the item sales tax group that is attached to the customer, vendor, and item
Correct Answer: C 🗳️
You set up an asset in Microsoft Dynamics AX 2012. What is the initial status of the value model?
- A. Suspended
- B. Closed
- C. Open
- D. Not yet acquired
Correct Answer: D 🗳️
You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?
- A. Create transaction text with the type Fixed assetPosting, Ledger.
- B. In the General Ledger, create a journal name with the journal type Post fixed assets.
- C. In the General Ledger, create a journal for a Depreciation book.
- D. In the General Ledger, create a journal name with the journal type Fixed assets budget.
Correct Answer: B 🗳️
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