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Microsoft MB6-871 Exam Syllabus Topics:

Microsoft Dynamics AX 2012 Financials Sample Questions:

Question 1

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

A. automatically based on value models
B. automatically based on a fixed asset calendar
C. automatically based on fixed asset groups
D. manually

Question 2

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

A. A sales order is a typical encumbrance transaction for which there has been an expenditure of funds.
B. Closing purchase order encumbrances is part of the fiscal year closing process.
C. When the pre-encumbrance process is enabled, the encumbrance process is required.
D. To use encumbrance accounting, posting definitions are required.
E. To use encumbrance accounting with budget appropriation enabled, budget control is required.

Question 3

Which type of fixed asset value adjustment is available in Microsoft Dynamics AX 2012?

A. Write up adjustment
B. Disposal scrap
C. Disposal sale
D. Provision for reserve

Question 4

You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?

A. In the General Ledger, create a journal for a Depreciation book.
B. In the General Ledger, create a journal name with the journal type Fixed assets budget.
C. Create transaction text with the type Fixed assetPosting, Ledger.
D. In the General Ledger, create a journal name with the journal type Post fixed assets.

Question 5

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

A. zero-based budgeting
B. a method of ensuring that sufficient budget funds are available for planned or actual purchases
C. a process in the Workflow Management module
D. incremental budgeting

Solutions: