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Microsoft MB6-871 Exam Syllabus Topics:

Microsoft Dynamics AX 2012 Financials Sample Questions:

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) Scrapped
B) Not yet acquired
C) Suspended
D) Open

2. While invoice-updating a sales order, Microsoft Dynamics AX 2012 displays the following error. Account number for transaction type Tax does not exist. You need to resolve the error. What should you do?

A) Create a record in the item Posting form for the sales tax group that is used in the sales order.
B) In the Ledger posting groups form, specify the main account for the corresponding ledger posting group.
C) In the Sales tax codes form, set the ledger posting group for the tax combination from the sales order.
D) In the Customer posting profiles form, set the sales tax prepayment main account for the customer.

3. 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 Receivable function Foreign currency revaluation.
C) Use the periodic General Ledger function Ledger accounting currency conversion.
D) Use the periodic Accounts Payable function Foreign currency revaluation.

4. In Microsoft Dynamics AX 2012, when can you use the cross-rate functionality in the Accounts Receivable Settle open transaction form?

A) When the invoice currency and payment currency are different.
B) When the invoice currency and payment currency are the same.
C) When the customer is making an advance payment.
D) When the customer invoice has been created by using a free text invoice.

5. Your company has more than 500 customers. You plan to set up customer groups in Microsoft Dynamics AX 2012 to support the creation of the customer master. What is the minimum number of customer groups that you must set up?

A) 4
B) 1
C) 2
D) 8

Solutions: