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Microsoft Dynamics AX 2012 Financials - MB6-871 dump torrent

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MB6-871 Guide Torrent
  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials

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Microsoft MB6-871 Exam Syllabus Topics:

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

                                  Microsoft Dynamics AX 2012 Financials Sample Questions:

                                  1. In Microsoft Dynamics AX 2012, what is the purpose of the fill utility?

                                  A) To enable the automatic completion of form fields.
                                  B) To transfer sales tax information.
                                  C) To import Microsoft Excel data.
                                  D) To enable users to bulk-update records.


                                  2. You need to enable sales tax calculation in Microsoft Dynamics AX 2012. Which of the following must you set up?

                                  A) the sales tax code for the sales tax groups
                                  B) the sales tax authorities that are attached to the vendor
                                  C) the ledger posting group that is attached to the sales tax groups
                                  D) the item sales tax group that is attached to the customer, vendor, and item


                                  3. In Microsoft Dynamics AX 2012, which of the following statements must be true in order to edit the calendar attached to a Depreciation book?

                                  A) No journals or transactions with an Open status exist for the Depreciation book.
                                  B) No journals or transactions with any status exist for the Depreciation book.
                                  C) No journals or transactions with aclosedstatus exist for the Depreciation book.
                                  D) No journals or transactions with a Suspended status exist for the Depreciation book.


                                  4. In Microsoft Dynamics AX 2012, you enter a fixed asset that is associated with a
                                  project into the Project form. Which project types can you use for the fixed asset?
                                  (Choose all that apply.)

                                  A) Internal
                                  B) Cost
                                  C) Investment
                                  D) Time
                                  E) Time and material
                                  F) Fixed price


                                  5. Which of the following statements about value models for fixed assets in Microsoft Dynamics AX 2012 is true?

                                  A) Value models connect all financial information about fixed assets.
                                  B) Value models are used to assign additional life cycles to a fixed asset.
                                  C) Value models are a subset of the value of a fixed asset.
                                  D) Value models are optional when setting up depreciation for a fixed asset.


                                  Solutions:

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

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