Microsoft MB6-871 : Microsoft Dynamics AX 2012 Financials

  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Jul 27, 2026     Q & A: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

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

Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which type of round-off can you apply to a sales tax group?

A) Sales tax codes
B) Sales tax exemptions
C) Sales tax intervals
D) Sales tax provisions


2. 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) Revenue
B) Balance sheet
C) Profit and loss
D) Reporting


3. In Microsoft Dynamics AX 2012, what is budget control functionality?

A) a process in the Workflow Management module
B) zero-based budgeting
C) incremental budgeting
D) a method of ensuring that sufficient budget funds are available for planned or actual purchases


4. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?

A) In the Fixed asset posting profile form.
B) In the Fixed asset group form.
C) In the corresponding main account.
D) In the Fixed asset parameters form.


5. In Microsoft Dynamics AX 2012, which fixed asset transaction can you process in the Free text invoice form?

A) Disposal sale
B) Acquisition adjustment
C) Disposal scrap
D) Acquisition


Solutions:

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

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