Try Microsoft : MB6-871 valid & accurate questions and answers
Updated: May 30, 2026
No. of Questions: 77 Questions & Answers with Testing Engine
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Microsoft Dynamics AX 2012 Financials Sample Questions:
1. What is the first step in the process of creating a new financial statement in Microsoft Dynamics AX 2012?
A) Create a dimension set.
B) Create the financial statement column definition.
C) Design the financial statement row structure.
D) Create a row definition.
2. You need to set up electronic vendor payments in Microsoft Dynamics AX 2012. What should you do first?
A) Set up and configure electronic customer bank accounts in Accounts Receivable.
B) Set up methods of payment in Accounts Receivable.
C) Set up and configure electronic bank accounts in Cash and Bank Management.
D) Set up and configure electronic customer bank accounts in Accounts Payable.
3. 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 style.
C) A workflow configuration is based on a workflow type.
D) Within each workflow configuration, all approval nodes are used.
4. In Microsoft Dynamics AX 2012, what is budget control functionality?
A) a process in the Workflow Management module
B) zero-based budgeting
C) incremental budgeting
D) a method of ensuring that sufficient budget funds are available for planned or actual purchases
5. You need to set up Foreign Currency Consolidation in Microsoft Dynamics AX 2012 to automatically post differences that result from consolidating subsidiaries with foreign currencies. What should you set up in the General Ledger?
A) an account for automatic Balance account for consolidation differences transactions
B) rounding rules in the Currencies form
C) an account for automatic Penny difference in accounting currency transactions
D) an account for automatic Penny difference in reporting currency transactions
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |
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