SAP Business One Quiz 1-37

What does the system create automatically when you add a new cost center?

• Dimension

• G/L Account

• Sort Code

• Distribution rule

A service representative creates a service call at midnight for a customer with a contract. The contract's service level agreement … shows a resolution deadline of noon. Why is the deadline further out than 8 hours?

• The time period for resolution begins once a technician is assigned

• The equipment card contains a different resolution time

• The response time from the contract is added to the solution time

• Resolution time calculation is affected by the hours of coverage listed in the contract

What are the two activities performed during the realization phase of a well-run SAP Business One implementation project?

• Assess business needs

• Perform a fit/gap analysis

• Manage organizational change

• Configure and test the system

An A/R invoice was added to the system but an inventory transaction was NOT created. What could be the reasons?

• The customer has exceeded their credit limit

• The invoice is based on a delivery document

• The in-stock quantity of the items fall below the minimum level

• The items in the invoice are missing the unit of measure group

Item code AB1234 is controlled by the FIFO valuation method. When this item is issued out of the warehouse, which layer does the system choose first?

• The layer with the lowest cost

• The oldest available layer

• The layer selected by a user

• The layer with the smallest quantity

How are defined inventory levels (such as minimum inventory requirements) considered when running the MRP?

• Recommendations

• Supply

• Stock on Hand

• Demand

Which of the following can influence the security level of a transaction in the Cash Flow report?

• The payment terms of the transaction Affect the cash flow of the company

• The due date of the transaction

• The amount of the transaction

• The transaction type (origin)

You manage serial numbers for tablet items in your warehouse. When you look at the Serial Number … Goods Receipt PO (GRPO). What could be the reason for the missing of the serial numbers for the GRPO transactions?

• After the GRPO was added, the Manage Item By definition was set to None

• The serial number expiration date has passed

• The serial numbers were already defined in the PO base document

• The serial number management method of the item is set to On Release Only

While reviewing open transactions in a vendor account balance, the accountant notices an outgoing payment … Which action should be taken to connect the two invoices with the payment?

• External reconciliation for the bank account

• Internal reconciliation for the vendor master data record Just internal

• Internal reconciliation for the bank account

• External reconciliation for the vendor master data record

An accountant needs to record a household payment on a monthly basis… What is the best practice to achieve this?

• Use posting templates

• Use recurring invoices

• Use journal vouchers

• Use recurring postings