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Microsoft MB6-871 Q&A - in .pdf
- Exam Code: MB6-871
- Exam Name: Microsoft Dynamics AX 2012 Financials
- Updated: Nov 13, 2026
- Q & A: 77 Questions and Answers
- Convenient, easy to study.
Printable Microsoft MB6-871 PDF Format. It is an electronic file format regardless of the operating system platform.
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- Updated: Nov 13, 2026
- Q & A: 77 Questions and Answers
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Microsoft MB6-871 Q&A - Testing Engine
- Exam Code: MB6-871
- Exam Name: Microsoft Dynamics AX 2012 Financials
- Updated: Nov 13, 2026
- Q & A: 77 Questions and Answers
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Microsoft MB6-871 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Manage Financials II | 33% | - Multicurrency and Intercompany Accounting - Year-end Close and Financial Reporting
- Budgeting and Cash Flow Management
|
| Topic 2: Manage Financials I | 36% | - Sales tax configuration and management - Accounts Payable
|
| Topic 3: Manage Fixed Assets | 31% | - Depreciation and Adjustment Transactions - Asset Acquisition and Disposal - Fixed Asset Reporting - Fixed Assets Setup
|
Microsoft Dynamics AX 2012 Financials Sample Questions:
Question #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 is making an advance payment.
- B. When the invoice currency and payment currency are the same.
- C. When the customer invoice has been created by using a free text invoice.
- D. When the invoice currency and payment currency are different.
Correct Answer: D 🗳️
Question #2
In Microsoft Dynamics AX 2012, what is the purpose of a Payment transfer form?
- A. To verify vendor transactions that are open and approved.
- B. To generate advance payments.
- C. To manage payments that have a status of Sent and have not been posted.
- D. To manage payments that have a status of Sent and have been posted.
Correct Answer: C 🗳️
Question #3
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. To use encumbrance accounting with budget appropriation enabled, budget control is required.
- B. Closing purchase order encumbrances is part of the fiscal year closing process.
- C. When the pre-encumbrance process is enabled, the encumbrance process is required.
- D. To use encumbrance accounting, posting definitions are required.
- E. A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.
Correct Answer: C,D 🗳️
Question #4
In Microsoft Dynamics AX 2012, which of the following are features of approval journals? (Choose all that apply.)
- A. Setting up journal templates with a mandatory approval setting.
- B. Applying journal templates after posting but before transferring to history.
- C. Adding user groups through the workflow management functionality.
- D. Adding an extra layer of approval control by using the posting restriction option.
Correct Answer: A,D 🗳️
Question #5
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 sales tax code for the sales tax groups
- C. the item sales tax group that is attached to the customer, vendor, and item
- D. the ledger posting group that is attached to the sales tax groups
Correct Answer: B 🗳️
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