MB6-871 Exam Questions

In Microsoft Dynamics AX 2012, which of the following statements about financial dimensions are true? (Choose all that apply.)

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...

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

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

In Microsoft Dynamics AX 2012, which type of round-off can you apply to a sales tax group?

In Microsoft Dynamics AX 2012, what is a reason code?

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

In Microsoft Dynamics AX 2012, which of the following bank account status options are available? (Choose all that apply.)

In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)

You need to delete a check from Microsoft Dynamics AX 2012. What status must the check have before it can be deleted?

You need to automatically select all vendor payments that are due within the same week. In Microsoft Dynamics AX 2012, what should you do?

In Microsoft Dynamics AX 2012, what is the purpose of an invoice register journal?

In Microsoft Dynamics AX 2012, what is the purpose of a Payment transfer form?

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 numbe...

In Microsoft Dynamics AX 2012, what is the process of Accounts Payable three-way invoice matching?

What types of accounts payable invoice matching can you use in Microsoft Dynamics AX 2012? (Choose all that apply.)

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

In Microsoft Dynamics AX 2012, a customer has a credit balance in a customer account, but does not have a vendor account. You need to repay the credit balance. What should you do?

In Microsoft Dynamics AX 2012, what is two-way invoice matching?

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

In Microsoft Dynamics AX 2012, which of the following statements about encumbrance accounting (also known as commitment accounting) are true? (Choose all that apply.)

On which Microsoft Dynamics AX 2012 list page can you view cash flow forecasts?

You need to set up the Microsoft Dynamics AX 2012 chart of accounts for intercompany transactions. Which ledger account type should you specify for the Due to and Due from ledger a...

You need to set up the main account so that the ledger transactions posted to that account are available for the foreign currency revaluation process. In the Microsoft Dynamics AX...

You need to post an intercompany general ledger journal. In Microsoft Dynamics AX 2012, what should you set up to enable intercompany posting? (Choose all that apply.)

You need to process exchange rate adjustments on eligible main accounts. In Microsoft Dynamics AX 2012, what should you do?

In Microsoft Dynamics AX 2012, which of the following is a mandatory step when posting bridging accounts?

You need to set up electronic vendor payments in Microsoft Dynamics AX 2012. What should you do first?

In Microsoft Dynamics AX 2012, which of the following is a requirement for using centralized payments?

You need to import an electronic bank confirmation for a vendor payment. In Microsoft Dynamics AX 2012, which form should you use?

You need to set up Foreign Currency Consolidation in Microsoft Dynamics AX 2012 to automatically post differences that result from consolidating subsidiaries with foreign currencie...

Which of the following statements about Microsoft Dynamics AX 2012 elimination journal proposals are true? (Choose all that apply.)

Which of the following statements about customer account statements in Microsoft Dynamics AX 2012 are true? (Choose all that apply.)

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?

What is the maximum number of collection letter codes that can be created for a collection letter sequence in Microsoft Dynamics AX 2012?

Which of the following statements about financial workflows in Microsoft Dynamics AX 2012 is true?

In Microsoft Dynamics AX 2012, which additional user interface element exists when a workflow approval is set up for a journal?

When posting year-end transactions in Microsoft Dynamics AX 2012, which posting layer is designed for the closing sheet?

Which of the following actions can you perform when defining the fiscal year end close parameters in Microsoft Dynamics AX 2012?

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

In Microsoft Dynamics AX 2012, how can you identify errors and duplicates in a row definition structure before you update the existing structure?

What is the first step in the process of creating a new financial statement in Microsoft Dynamics AX 2012?

In Microsoft Dynamics AX 2012, what process allows you to view inconsistencies at the bottom of a printed financial statement?

In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)

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

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

Which of the following statements about the Microsoft Dynamics AX 2012 Depreciation book is true?

In Microsoft Dynamics AX 2012 which journal type should you use in the Journal name form if budgets for fixed assets are required?

You enter a new fixed asset, number FUR-ELC000136, in Microsoft Dynamics AX 2012. When you validate the acquisition journal for the new fixed asset, the system displays the followi...

In Microsoft Dynamics AX 2012, where do you set up the capitalization threshold?