MB6-885 Exam Questions

You plan to record commitments for purchase orders and purchase requisitions in Microsoft Dynamics AX 2012. What must you do first to enable commitment accounting?

In Microsoft Dynamics AX 2012, you need to reverse a provisional budget and update the budget register with an original budget. Which three attributes must the original budget and...

When will the system perform the budget check on the source document line items? (Each correct answer presents a complete solution. Choose three.)

For reporting purposes, you need to present provisional budgets and apportionment budgets separately in Microsoft Dynamics AX 2012. Which report should you use?

You need to move funds from the Building maintenance budget to the Entertainment budget in Microsoft Dynamics AX 2012. What should you do?

Which of the following items must be set up prior to the entry of Original budget amounts?

In Microsoft Dynamics AX 2012, you need to configure budget control on an apportionment budget that will fund over several periods. You need to ensure that only a specific amount o...

You need to allocate the electricity budget across multiple departments. Which calculation method should you use to define each department's portion of the electricity budget?

You are analyzing a budget in Microsoft Dynamics AX 2012. You need to report costs from October through December, using a financial dimension focus. Which report should you use?

You are assigning user groups for over budget permissions in Microsoft Dynamics AX 2012. Which of the following is true about the default permission handling for over budget permis...

You need to configure budget control to issue a notification when the amount of budget funds spent reaches 90% of the expenses. In Microsoft Dynamics AX 2012, which option should y...

What are the two stages of a budget register? (Each correct answer presents part of the solutions. Choose two.)

Before setting up advanced ledger entries, which of the following tasks must you perform?

You are assigning a default year-end process to a specific fund. Which of the following statements is true?

You are performing general ledger year-end processes in Microsoft Dynamics AX 2012. You need to generate entries during closing to various fund types depending on the account type....

Which items do encumbrance year-end processing transfer into the new fiscal year?

Which of the following items is a parameter of fiscal year closing that can be set up in Microsoft Dynamics AX 2012?

Budget control is enabled in Microsoft Dynamics AX 2012. The Process and Do Not Carry Forward Budget purchase order processing options are selected. You need to close the fiscal ye...

By which factors can you distribute a transaction line amount across multiple ledger accounts?

You plan to print a signature page with the Payment Approval report in Microsoft Dynamics AX 2012. What must you do first?

You are creating a category hierarchy in Microsoft Dynamics AX 2012. Which category hierarchy type is available only when the Public Sector configuration key is enabled?

Which Role Center in Microsoft Dynamics AX 2012 provides access to key tasks, activities, and data related to the financial performance of an organization?

Which of the following statements about billing codes is true?

For what reason should you assign a 1099-C indicator to a customer in Microsoft Dynamics AX 2012?

You need to reduce the time required to calculate interest and generate collection letters by processing these transactions in groups. Which parameter should you specify when proce...

You need to write off a customer transaction. What should you do?

You need to define how payments are applied to open transactions in Microsoft Dynamics AX 2012. What should you do?

You need to generate recurring invoices for a specific billing classification. You set up the billing classification and create the appropriate free text invoice template. What sho...

Which of the following statements about government identification numbers (GINs) are true? (Each correct answer presents a complete solution. Choose two,)

You need to set up a fiscal year that is 12 months in length in the Microsoft Dynamics AX 2012 general ledger. On the Enter fiscal year details screen of the Fiscal calendars form,...

You enable encumbrance processing for purchase orders in Microsoft Dynamics AX 2012. You need to ensure that all encumbrances are reversed and reestablished in the new fiscal year....

You are managing purchase agreements in Microsoft Dynamics AX 2012. Which purchase agreement classification allows you to enter insurance policy and bonding information?

In Microsoft Dynamics AX 2012, you set up special text messages for unplanned purchases. Where do the special text messages appear?

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

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