MB6-871 free dumps

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The MB6-871 exam is intended for individuals on the implementation team who are responsible for administrating or using the Fixed Assets and Financial Management modules in Microsoft Dynamics AX 2012.  This audience typically includes individuals who are tasked with assessing a customer’s business needs and advising them on the use, configuration, and customization of the application.Additional Skills Recommended:General working knowledge of the General Ledger, Accounts Receivable, Accounts Payable, and Fixed Assets functionality of Microsoft Dynamics AX 2012.

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8.In Microsoft Dynamics AX 2012, which of the following types of information are required to create a
journal entry line in the General Ledger? (Choose all that apply.)
B.Account name
C.Accounting date
D.Debit or Credit amount
F.Offset account
G.Transaction text
Answer: ACDF

9.Which of the following statements about value models for fixed assets in Microsoft Dynamics AX 2012 is
A.Value models are a subset of the value of a fixed asset.
B.Value models are optional when setting up depreciation for a fixed asset.
C.Value models connect all financial information about fixed assets.
D.Value models are used to assign additional life cycles to a fixed asset.
Answer: C

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Exam MB6-871: Microsoft Dynamics AX 2012 Financials Skills Being Measured
Managing Fixed Assets (31 percent)
Manage setup procedures.
This topic may include: setting up a system for fixed assets; setting up the Fixed Assets module; managing parameters; managing reason codes in the Fixed Assets module; managing depreciation methods and conventions; managing Depreciation books; managing provision types and bonus depreciation; updating depreciation conventions for a Depreciation book
Set up assets.
This topic may include: managing fixed asset forms; setting up assets in the Fixed Assets module; lending assets; assigning bar codes to assets; budgeting assets; integrating project modules to fixed assets

Managing Financials II (33 percent)
Manage budgeting, commitment accounting, and cash flow.
This topic may include: setting up, creating, and revising budgets; applying budget controls; managing budget reporting; managing integrated budgeting; upgrading from ledger budgets; managing purchase order encumbrances; processing year-end purchase orders; setting up cash flow forecasting; defining a cash flow forecast budget model; creating and calculating cash flow transactions
Manage multicurrency and intercompany accounting.
This topic may include: setting up exchange rate profit and loss accounts; managing exchange rate adjustments; managing Accounts Payable and Accounts Receivable exchange rate adjustments; setting up intercompany posting; posting intercompany transactions; tracing an intercompany entry

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