Microsoft Dynamics AX 2012 Financials : MB6-871

  • Exam Code: MB6-871
  • Exam Name: Microsoft Dynamics AX 2012 Financials
  • Updated: Sep 25, 2026
  • Q & A: 77 Questions and Answers

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Microsoft MB6-871 Exam Syllabus Topics:

SectionObjectives
Topic 1: Period Close and Reporting- Financial consolidation and reporting
- Month-end and year-end closing processes
Topic 2: Accounts Receivable- Customer setup and management
- Collections and payment processing
- Sales invoices and credit management
Topic 3: Accounts Payable- Vendor setup and management
- Payment processing and settlements
- Invoice processing and approvals
Topic 4: General Ledger- Financial reporting and statements
- Chart of accounts setup and management
- Journal processing and entries
- Posting profiles and financial dimensions
Topic 5: Cash and Bank Management- Bank account setup and reconciliation
- Payment journals and deposits
- Cash flow management
Topic 6: Budgeting and Financial Control- Budget control and tracking
- Budget creation and maintenance
Topic 7: Fixed Assets- Asset disposal and reporting
- Depreciation and value models
- Asset acquisition and setup

Microsoft Dynamics AX 2012 Financials Sample Questions:

Question #1

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?

  • A. Repay the credit balance by using the Accounts Payable payment journal functionality.
  • B. Repay the credit balance by using a one-time vendor account automatically created by the system.
  • C. Repay the credit balance by using the Accounts Receivable payment journal functionality.
  • D. Create a reason code in the Accounts Receivable module and then repay the credit balance.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

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

  • A. Create a payment method and select Date in the Period field.
  • B. Configure a payment fee.
  • C. Create a payment method and select Week in the Period field.
  • D. Configure a payment control.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

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

  • A. All production orders
  • B. All customers
  • C. All purchase requisitions
  • D. All sales orders
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

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

  • A. All production orders
  • B. All customers
  • C. All purchase requisitions
  • D. All sales orders
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

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

  • A. Created
  • B. Invoiced
  • C. Void
  • D. Processed
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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