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Microsoft MB6-871 Exam Syllabus Topics:

Microsoft Dynamics AX 2012 Financials Sample Questions:

Question 1

You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?

A. Set up number sequences on General Ledger module parameters.
B. Set up number sequences on Accounts Payable module parameters.
C. Set up number sequences on Inventory module parameters.
D. Set up special number sequences on each fixed asset group.

Question 2

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. A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.
C. When the pre-encumbrance process is enabled, the encumbrance process is required.
D. Closing purchase order encumbrances is part of the fiscal year closing process.
E. To use encumbrance accounting, posting definitions are required.

Question 3

You need to automatically process sales tax payment settlements.
In Microsoft Dynamics AX 2012, what should you do?

A. Use the Settle open transactions function in the vendor table.
B. Use the payment journal settlement function when processing a payment.
C. Use the general ledger journal settlement function.
D. Use the Sales Tax Payment periodic job in the General Ledger module.

Question 4

Which type of fixed asset value adjustment is available in Microsoft Dynamics AX 2012?

A. Provision for reserve
B. Disposal sale
C. Disposal scrap
D. Write up adjustment

Question 5

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

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

Solutions: