You got 68 of 80 possible points Flashcards
What can be copied from one user to another?
There are 2 correct answers to this question.
- general authorizations
- report categories
- form settings
- data ownership authorizations
general authorizations
form settings
SG Products will go live tomorrow. The client has just done a stock count and presents the numbers to the implementation consultant. The stock is managed with the moving average valuation method.
What is a best practice to ensure that the initial stock quantity is correctly valued in the new SAP Business One system?
Please choose the correct answer.
- Enter the initial stock quantities from the stock count using the last purchase price as the item cost
- Enter the initial quantities from the stock count but do not enter a price.
- Enter the quantities from the stock count using the actual purchase price.
- Enter the quantities from the stock count using the last average price.
enter the quantities from the stock count using the last average price
When creating an incoming payment from a customer, with a cash payment means, which of the following would be the correct journal?
Please choose the correct answer.
- Dr Bank
Cr Debtors Control
- Dr Bank
Cr Creditors Control
- Dr Clearing Account
Cr Debtors Control
dr clearing account
cr debtors control
Which item quantities are reduced when a sales order is delivered?
There are 2 correct answers to this question.
- available quantity
- ordered quantity
- in stock quantity
- committed quantity
in stock quantity
committed quantity
During the implementation project, the consultant presents the list of modules and functions of SAP Business One to the client team. The director declares that he is responsible for planning and monitoring the expenses of the company’s projects.
What training will be required for the client to manage the spending limits?
Please choose the correct answer.
- Purchase process and accounts payable
- Budget creation and management
- Management of approval procedures
- Journal posts and outgoing payments
budget creation and management
You created a delivery for a sales order. The delivery automatically created a journal entry. Why was the journal entry created?
Please choose the correct answer.
- All sales documents that affect inventory quantity create a journal entry regardless of which type of inventory method is used.
- You are using perpetual inventory so every document that affects inventory creates a journal entry to reflect the inventory value in the general ledger.
- Every document in the sales process creates a journal entry from the sales order through the invoice.
- This journal entry is created when a customer is tax liable. When a delivery document which contains a tax amount is created, the system automatically creates a journal entry.
You are using perpetual inventory so every document that affects inventory creates a journal entry to reflect the inventory value in the general ledger
Which report shows you the income of your business for the fiscal year/ selected period?
Please choose the correct answer.
- profit and loss
- balance sheet
- trial balance
- cash flow
profit and loss
When entering a document, which date sets the appropriate sub-period for posting the transaction? Please choose the correct answer.
- The journal entry document date
- The journal entry posting date
- The journal entry due date
- The journal entry reverse date
The journal entry posting date
How you can control the entire payment process?
Please choose the correct answer.
- payment amount
- payment method
- payment list
- payment means
payment method
You try to cancel an existing journal entry but the cancellation option is not available. What could be the reason?
There are 2 correct answers to this question.
- The journal entry was created automatically from a marketing document.
- The journal entry was created from a journal voucher.
- The journal entry was already cancelled.
- The posting date of the journal entry is in the past.
The journal entry was created automatically from a marketing document.
The journal entry was already cancelled.
A restaurant supply store wants to set up discounts for one of its best** customer aprons** they buy. How can you set up these discount?
Please choose the correct answer.
- Create a discount group.
- Use the special prices for business partners.
- Create a specific blanket agreement.
- Define a new price list with a factor of 2.
create a discount group
When **printing invoices **you want to include a promotional code and static text that explains how to use the code. The promotional code offers certain customers a discount on their next purchase.
It has been added as a user-defined field to the IC master data based on the customer’s previous purchase. If there is no promotional code in the customer master, both fields should not be printed.
How can you implement this requirement using Crystal Reports?
Please choose the correct answer.
- Drag the two fields together on the report so that the boundaries of the two fields are merged. If the user-defined field is null, the text field will not print.
- Use a formula in the text field to change the content of the text field to white if the code is null
Select both fields and link them using a subreport. - If the database field is null, the text field will not print
- Delete the text field and add a formula that checks if the code is null
Delete the text field and add a formula that checks if the code is null
Question:
The customer is ready to use the services of the remote support platform for SAP Business One. What is the first step?
Please choose the correct answer.
Response:
- Send a system status report to SAP.
- Upgrade to the latest patch level.
- Submit a support message to SAP.
- Access the customer portal.
Send a system status report to SAP
Identify any two milestones involved in AIP final preparation phase?
There are 2 correct answers to this question.
- Customer engagement
- Monitoring of system
- End users training delivered
- Project review
- Cutover task
end users training delivered, cutover task
Green Studios are located in Canada. For local customers, they price some items both in Canadian currency and US dollars. How can they manage US dollar price lists in SAP Business One?
Please choose the correct answer.
Response:
* Define US dollars as a currency and enter the unit price in a price list in US dollars.
* Define US dollars as a currency and set it as the main currency for items priced in US dollars.
* Define two local currencies: Canadian dollars and US dollars. Enter the unit price in the price list in US dollars
* Define the system currency as US dollars and change the sales document currency to US dollars when pricing in US dollars.
Define US dollars as a currency and enter the unit price in a price list in US dollars.
