Microsoft MB6-871

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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. In Microsoft Dynamics AX 2012, which of the following account types can you choose in a general journal line? (Choose all that apply.)

A) Sales Order
B) Project
C) Vendor
D) Ledger
E) Item

2. Which of the following statements about value models for fixed assets in Microsoft Dynamics AX 2012 is true?

A) Value models are used to assign additional life cycles to a fixed asset.
B) Value models connect all financial information about fixed assets.
C) Value models are a subset of the value of a fixed asset.
D) Value models are optional when setting up depreciation for a fixed asset.

3. In Microsoft Dynamics AX 2012, which type of round-off can you apply to a sales tax group?

A) Sales tax exemptions
B) Sales tax provisions
C) Sales tax intervals
D) Sales tax codes

4. You need to automatically process sales tax payment settlements.
In Microsoft Dynamics AX 2012, what should you do?

A) Use the general ledger journal settlement function.
B) Use the Settle open transactions function in the vendor table.
C) Use the Sales Tax Payment periodic job in the General Ledger module.
D) Use the payment journal settlement function when processing a payment.

5. You need to remove consolidation transactions in Microsoft Dynamics AX 2012. What should you do?

A) In the general ledger journal, create reversal transactions for the consolidation transactions.
B) In the Consolidation form, click the Delete button.
C) In the Consolidation form, click the Remove transactions button.
D) In the consolidation account transactions, click the Reverse transaction button.

Solutions: