Microsoft MB6-871 Exam Questions : Microsoft Dynamics AX 2012 Financials

  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Aug 21, 2026
  • Q&As: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

SectionObjectives
Accounts Payable- Aging and settlement processes
- Invoice processing and payments
- Vendor management and setup
Budgeting and Financial Control- Budget control and variance analysis
- Budget creation and maintenance
Accounts Receivable- Customer management and setup
- Invoicing and cash application
- Credit management and collections
Fixed Assets- Asset acquisition and capitalization
- Depreciation and disposal processes
System Setup and Configuration- Financial module configuration
- Posting profiles and parameters
General Ledger- Journal processing and posting
- Chart of accounts setup and management
- Financial period closing and reporting
Cash and Bank Management- Cash flow management
- Bank account setup and reconciliation
Financial Reporting- Custom report generation
- Standard financial statements

Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which of the following can you analyze by using the Dimension statement? (Choose all that apply.)

A) vendor balances
B) cash flow forecast transactions
C) General Ledger transactions
D) budget transactions
E) customer balances


2. In Microsoft Dynamics AX 2012, where can you review value models that are linked to a fixed asset?

A) In the Fixed asset group form.
B) In the corresponding main account.
C) In the Fixed asset parameters form.
D) In the Fixed asset posting profile form.


3. In Microsoft Dynamics AX 2012, which of the following types of information are required to create a journal entry line in the General Ledger? (Choose all that apply.)

A) Account
B) Transaction text
C) Accounting date
D) Offset account
E) Dimension
F) Debit or Credit amount
G) Account name


4. You need to remove consolidation transactions in Microsoft Dynamics AX 2012. What should you do?

A) In the Consolidation form, click the Delete button.
B) In the general ledger journal, create reversal transactions for the consolidation transactions.
C) In the Consolidation form, click the Remove transactions button.
D) In the consolidation account transactions, click the Reverse transaction button.


5. Your company plans to charge interest on customer overdue payments. You set up the required interest codes in Microsoft Dynamics AX 2012. What is the next step?

A) Apply the interest codes to customer posting profiles.
B) Apply the interest codes to the customer master.
C) Apply the interest codes to customer groups.
D) Apply the interest codes to customer parameters.


Solutions:

Question # 1
Answer: C,D,E
Question # 2
Answer: A
Question # 3
Answer: A,C,D,F
Question # 4
Answer: C
Question # 5
Answer: A

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