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Microsoft MB6-871 : Microsoft Dynamics AX 2012 Financials
- Exam Code: MB6-871
- Exam Name: Microsoft Dynamics AX 2012 Financials
- Updated: Sep 10, 2026
- Q & A: 77 Questions and Answers
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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Fixed Assets | - Depreciation and disposal processes - Asset acquisition and capitalization |
| Cash and Bank Management | - Cash flow management - Bank account setup and reconciliation |
| General Ledger | - Journal processing and posting - Chart of accounts setup and management - Financial period closing and reporting |
| System Setup and Configuration | - Posting profiles and parameters - Financial module configuration |
| Financial Reporting | - Standard financial statements - Custom report generation |
| Accounts Payable | - Aging and settlement processes - Invoice processing and payments - Vendor management and setup |
| Accounts Receivable | - Credit management and collections - Invoicing and cash application - Customer management and setup |
| Budgeting and Financial Control | - Budget control and variance analysis - Budget creation and maintenance |
Microsoft Dynamics AX 2012 Financials Sample Questions:
Question #1
You set up a fixed asset in Microsoft Dynamics AX 2012. You select the Allow asset acquisition from purchasing fixed asset parameter. What is the initial status of the fixed asset?
- A. Open
- B. Scrapped
- C. Suspended
- D. Not yet acquired
Answer: A
Question #2
In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)
- A. automatically based on fixed asset groups
- B. automatically based on a fixed asset calendar
- C. manually
- D. automatically based on value models
Answer: A,C
Question #3
In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?
- A. To import Microsoft Excel data.
- B. To transfer sales tax information.
- C. To enable users to bulk-update records.
- D. To enable the automatic completion of form fields.
Answer: C
Question #4
Which of the following statements about the Microsoft Dynamics
AX 2012 Depreciation book is true?
- A. The Depreciation book can be re-run only two times before the periods are closed for the Depreciation book.
- B. The Depreciation book can be re-run as many times as necessary while the periods are open for the Depreciation book.
- C. The Depreciation book cannot be re-run while the periods are open for the Depreciation book.
- D. The Depreciation book can be re-run only one time before the periods are closed for the Depreciation book.
Answer: B
Question #5
In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)
- A. A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.
- B. When the pre-encumbrance process is enabled, the encumbrance process is required.
- C. To use encumbrance accounting with budget appropriation enabled, budget control is required.
- D. Closing purchase order encumbrances is part of the fiscal year closing process.
- E. To use encumbrance accounting, posting definitions are required.
Answer: B,E
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