MB6-702 Exam Questions
105 real MB6-702 exam questions with expert-verified answers and explanations. Page 1 of 3.
- Question #1
You are the Microsoft Dynamics AX administrator for an organization. The organization has a maximum cash credit limit of $20,000. If a payment is issued for more than the stated ca...
- Question #2
Your company uses two-way matching to create vendor invoices. Which elements are used in the two-way matching process?
- Question #3
You need to revaluetheforeign currency transactions in the Accounts payable subledger. Which two statements describe what the foreign currency revaluation job accomplishes? Each co...
- Question #4
You need to set up the posting profile for realized and unrealized gains and losses. Which two forms should you use? Each correct answer presents a complete solution.
- Question #5
You select Business unit and Department as the only financial dimensions to use with budget control. You need to prevent a budget overrun on all direct expense accounts. What shoul...
- Question #6
Your company plans to implement vendor invoice matching. Your company policy states that vendor invoices must be reviewed to compare the prices and quantities on the invoices for a...
- Question #7
You need to configure a workflow to approve all budget amounts at the line level. Which workflow configuration type should you use?
- Question #8
Which three objects can be used to define fixed asset posting profiles? Each correct answer presents part of the solution.
- Question #9
You apply a customer payment. The payment amount is less than the amount of the invoice. What are two results of this payment? Each correct answer presents part of the solution.
- Question #10
You are configuring Microsoft Dynamics AX for basic budgeting. Which two setups are optional? Each correct answer represents a complete solution.
- Question #11
An organization has a policy of charging depreciation based on the usage of the fixed asset in a fiscal year. You need to configure depreciation according to this policy. Which dep...
- Question #12
You receive approval for a new capital expenditure. You need to enter the budgeted amounts in Microsoft Dynamics AX. In which two areas can you enter the amounts? Each correct answ...
- Question #13
You create a new bank account. You configure the check layout to be fixed. You need to create the first batch of checks. Where should you create the checks?
- Question #14
What does a depreciation convention determine?
- Question #15
In which two scenarios should you use a periodic journal? Each correct answer presents a complete solution.
- Question #16
Which statement about generating deposit slips is correct?
- Question #17
Which two elements are required to create a budget plan in Microsoft Dynamics AX 2012? Each correct answer presents part of the solution.
- Question #18
Which three settings can be defined when configuring budget control? Each correct answer presents a complete solution.
- Question #19
You are entering a customer sales order that has two lines: one line for item A and one line for item B. The following statements are necessary to calculate sales tax for the sales...
- Question #20
The Multiple change functionality can be used to make changes to which of the following fields in the payment proposal when making vendor or customer payments? Choose the 2 that ap...
- Question #21
Which option must be selected for the Period in the Methods of payment form to combine all invoices for customers with the same payment?
- Question #22
What functionality is used to enter and reuse specific transaction identification when a record is updated in journals?
- Question #23
You need to pay all open invoices that have a due date on or before July 10. You want to take advantage of any available discounts. Which two settings must you select when creating...
- Question #24
You need to update the organization hierarchy to prepare for a reorganization of your business. Which effective date is valid when you publish the updated hierarchy?
- Question #25
Your organization has a policy of validating the accuracy of beneficiary account details such as routing numbers and account numbers. Which functionality in Microsoft Dynamics AX 2...
- Question #26
To which object can you link a budget register entry workflow?
- Question #27
Which step must be taken before you can record an acquisition of a fixed asset on the General journal form?
- Question #28
You are using a voucher template to create a journal voucher. The template type is Percent. The template has four lines with the following amounts: - First line: $100 - Second line...
- Question #29
What are three account types that you can choose in a General ledger journal voucher? Each correct answer presents a complete solution.
- Question #30
You are implementing Microsoft Dynamics AX 2012 for an organization that has multiple regions of operation. The organization has a policy that states that centralized payments shou...
- Question #31
You need to create vendor accounts by using Microsoft Dynamics AX. Which field is mandatory for creating a vendor account?
- Question #32
What is the purpose of a budget planning stage?
- Question #33
You need to generate a vendor prepayment in a payment journal. Which two processes should you complete before posting a prepayment? Each correct answer presents part of the solutio...
- Question #34
To which two entities can you lend a fixed asset? Each correct answer presents a complete solution.
- Question #35
You have enabled the Bill of exchange feature in Microsoft Dynamics AX. You post a protest bill of exchange to a customer account. Which account type on the customer posting profil...
- Question #36
Which three methods can you use to assign bar codes to fixed assets? Each correct answer presents a complete solution.
- Question #37
Which three transaction types can you use to dispose of an asset? Each correct answer presents a complete solution.
- Question #38
You need to configure how fixed assets will be numbered. Which two techniques accomplish this goal? Each correct answer presents a
- Question #39
Which two transactions can be reversed? Each correct answer presents a complete solution.
- Question #40
You set up and activate a new budget planning process. You generate the original budget plan from the general ledger data. The department managers need to enter their requested amo...
- Question #41
In which two situations can you print a pro forma invoice? Each correct answer presents a complete solution.
- Question #42
You are setting up cash flow management in your organization by using Microsoft Dynamics AX 2012. A delay of five days is expected from the due date of the payments to the date on...
- Question #43
What is the purpose of collections cases?
- Question #44
You have an invoice for $10,000. One payment of $3,000 has already posted against this invoice. You need to allow cashdiscounts on the $3,000 payment. Which action should you perfo...
- Question #45
In which three scenarios can you use a free text invoice? Each correct answer presents a complete solution.
- Question #46
You need to update the depreciation periods for a specific fixed asset. Where can you update the depreciation periods?
- Question #47
Which type of transactions require a bank transaction type to be set up on the Cash and bank management parameters form?
- Question #48
Each department manager at your company is responsible for managing his or her own department's budgets. The budget manager decides that some departments must use a different budge...
- Question #49
In Microsoft Dynamics AX 2012, which of the following account types can you choose in a general journal line? (Choose all that apply.)
- Question #50
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.)