Microsoft MB6-871 : Microsoft Dynamics AX 2012 Financials

  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Oct 10, 2026     Q & A: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

SectionWeightObjectives
Manage Fixed Assets31%- Depreciation and Adjustment Transactions
- Fixed Assets Setup
  • 1. Depreciation books and profiles
    • 2. Asset groups and parameters
      - Fixed Asset Reporting
      - Asset Acquisition and Disposal
      Manage Financials II33%- Advanced Payment and Settlement
      - Financial Consolidations
      - Multicurrency and Intercompany Accounting
      - Year-end Close and Financial Reporting
      • 1. Closing procedures
        • 2. Financial statement generation
          - Budgeting and Cash Flow Management
          • 1. Cash flow forecasting
            • 2. Budget setup and control
              • 3. Commitment accounting
                Manage Financials I36%- Accounts Receivable
                • 1. Sales order and collection processing
                  • 2. Customer setup
                    - Sales tax configuration and management
                    - Accounts Payable
                    • 1. Invoice and payment processing
                      • 2. Vendor setup
                        - Cash and Bank Management
                        • 1. Reconciliation processes
                          • 2. Bank accounts setup
                            - Set up and manage General Ledger
                            • 1. Chart of accounts configuration
                              • 2. Daily General Ledger procedures
                                • 3. Journal setup and processing

                                  Microsoft Dynamics AX 2012 Financials Sample Questions:

                                  Question #1

                                  In Microsoft Dynamics AX 2012, which of the following statements about depreciation for assets that have not yet been acquired is true? (Choose all that apply.)

                                  • A. You can post depreciation for the assets by using the depreciation books journal.
                                  • B. You can post depreciation for the assets by using depreciation proposals.
                                  • C. You cannot post depreciation for the assets.
                                  • D. You can generate depreciation for the assets by using depreciation proposals and specifying a future posting date.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,D  🗳️

                                  Question #2

                                  In Microsoft Dynamics AX 2012, which of the following is a mandatory step when posting bridging accounts?

                                  • A. Attach a ledger accrual to the journal line.
                                  • B. Post the closing account.
                                  • C. Post a payment to a temporary main account.
                                  • D. Set up approvals.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Question #3

                                  In Microsoft Dynamics AX 2012, with which journal types can you use a voucher template? (Choose all that apply.)

                                  • A. Accounts Receivable invoice journal
                                  • B. Accounts Payable payment journal
                                  • C. Accounts Receivable payment journal
                                  • D. General Ledger general journal
                                  • E. Accounts Payable invoice journal
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D,E  🗳️

                                  Question #4

                                  You need to process exchange rate adjustments on eligible main accounts. In Microsoft Dynamics AX 2012, what should you do?

                                  • A. Use the periodic General Ledger function Foreign currency revaluation.
                                  • B. Use the periodic Accounts Payable function Foreign currency revaluation.
                                  • C. Use the periodic Accounts Receivable function Foreign currency revaluation.
                                  • D. Use the periodic General Ledger function Ledger accounting currency conversion.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Question #5

                                  What is the maximum number of collection letter codes that can be created for a collection letter sequence in Microsoft Dynamics AX 2012?

                                  • A. 5
                                  • B. 6
                                  • C. 3
                                  • D. 1
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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