Microsoft Dynamics AX 2012 Financials: MB6-871 Exam Premium File as PDF & Test Engine

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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. Which of the following actions can you perform when defining the fiscal yearend close parameters in Microsoft Dynamics AX 2012?

A) Delete close-of-year transactions during transfer.
B) Set the Main accounts to the default value for the new fiscal year.
C) Set the period status to current for new fiscal periods.
D) Create an opening balance for the new fiscal year.

2. You set up a fixed asset in Microsoft Dynamics AX 2012. You select the Allow asset acquisition from purchasing fixed asset parameter. What is the initial status of the fixed asset?

A) Suspended
B) Scrapped
C) Not yet acquired
D) Open

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

A) The Depreciation book can be re-run only one time before the periods are closed for the Depreciation book.
B) The Depreciation book can be re-run only two times before the periods are closed for the Depreciation book.
C) The Depreciation book cannot be re-run while the periods are open for the Depreciation book.
D) The Depreciation book can be re-run as many times as necessary while the periods are open for the Depreciation book.

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

A) Run the Where used report on the Row definitions form.
B) In the General Ledger module, run the Audit trail report.
C) In the Structure designer form, select the Check box and the Simulate check box.
D) In the System Administration module, run the Consistency check periodic function.

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

A) To manage payments that have a status of Sent and have been posted.
B) To manage payments that have a status of Sent and have not been posted.
C) To generate advance payments.
D) To verify vendor transactions that are open and approved.

Solutions: