Microsoft MB6-871 Online Practice Questions and Exam Preparation

Microsoft MB6-871 Online Questions & Answers

• Question 31:

  In Microsoft Dynamics AX 2012, which of the following are features of approval journals? (Choose all that apply.)

  A. Setting up journal templates with a mandatory approval setting.
  B. Adding user groups through the workflow management functionality.
  C. Applying journal templates after posting but before transferring to history.
  D. Adding an extra layer of approval control by using the posting restriction option.
  A. Setting up journal templates with a mandatory approval setting.
  D. Adding an extra layer of approval control by using the posting restriction option.

• Question 32:

  You need to assign bar codes to fixed assets in Microsoft Dynamics AX 2012. What should you do?

  A. Set up special number sequences on each fixed asset group.
  B. Set up number sequences on Inventory module parameters.
  C. Set up number sequences on General Ledger module parameters.
  D. Set up number sequences on Accounts Payable module parameters.
  A. Set up special number sequences on each fixed asset group.

• Question 33:

  In Microsoft Dynamics AX 2012, the accounting currency is set to USD (United States dollars). You create a sales order that has a currency of CAD (Canadian dollars). When you generate the invoice, Microsoft Dynamics AX 2012 displays an error message that the account for penny differences in accounting currency is missing. You need to correct the error. What should you configure?

  A. Accounts for automatic transactions
  B. Customer posting profiles
  C. Item posting
  D. Posting definitions
  A. Accounts for automatic transactions

• Question 34:

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

• Question 35:

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

  A. In the corresponding main account.
  B. In the Fixed asset group form.
  C. In the Fixed asset parameters form.
  D. In the Fixed asset posting profile form.
  B. In the Fixed asset group form.

• Question 36:

  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. Configure a payment control.
  B. Configure a payment fee.
  C. Create a payment method and select Date in the Period field.
  D. Create a payment method and select Week in the Period field.
  D. Create a payment method and select Week in the Period field.

• Question 37:

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

  A. There is one workflow type for each module.
  B. A workflow configuration is based on a workflow type.
  C. A workflow configuration is based on a workflow style.
  D. Within each workflow configuration, all approval nodes are used.
  B. A workflow configuration is based on a workflow type.

• Question 38:

  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.)

  A. Set up the intercompany journal name in both companies.
  B. Set up the intercompany journal name in only one company.
  C. Set up the intercompany posting accounts in both companies.
  D. Set up the intercompany posting accounts in only one company.
  A. Set up the intercompany journal name in both companies.
  C. Set up the intercompany posting accounts in both companies.

• Question 39:

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

  A. When the customer is making an advance payment.
  B. When the invoice currency and payment currency are different.
  C. When the invoice currency and payment currency are the same.
  D. When the customer invoice has been created by using a free text invoice.
  B. When the invoice currency and payment currency are different.

• Question 40:

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

  A. Matching the price information on the invoice to the price information on the purchase order.
  B. Matching the quantity information on the invoice to the quantity information on the purchase order.
  C. Matching the quantity information on the invoice to the quantity information on selected product receipts.
  D. Matching the price information on the intercompany sales order to the price information on the intercompany purchase order.
  A. Matching the price information on the invoice to the price information on the purchase order.