SAP C_TB1200_07 : SAP Certified Implementation Consultant SAP Business One 2007

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SAP Certified Implementation Consultant SAP Business One 2007 Sample Questions:

1. Which statements are correct regarding inventory valuation methods?

A) With moving average cost valuation, you must enter a cost price into the item master record.
B) With moving average cost valuation, stock is valued by dividing the total value by the total quantity.
C) With first in - first out valuation, stock is valued using the cost of the most recent item.
D) With first in - first out valuation, stock is valued using the cost of the oldest item.
E) With standard cost valuation, stock may need to be periodically revalued.

2. Darius needs to post several transactions which have different due dates. Can he do this using a single journal entry?

A) Yes. Use Form Settings to make the Due Date column visible, then enter the due date on each line.
B) No. Use a Journal Voucher.
C) No. All lines in a journal entry have the same due date.
D) Yes. Use Expand Editing Mode and enter the due date for each selected line.

3. In goods receipt postings for inventory items, how does the system determine which inventory account to use?

A) Based on the warehouse to which the goods receipt is posted.
B) Based on the G/L accounts defined in the item master.
C) Based on the combination of document type and warehouse to which the goods receipt is posted.
D) Based on the business partner master record that is specified in the document.
E) Based on the user parameters.

4. Which statements are correct regarding distribution rules?

A) When a profit center is created, a distribution rule is automatically generated for 100% allocation.
B) The total of apportioned values in a distribution rule must always be 100.
C) Any part of the total value that is not apportioned goes to the general cost center.
D) The total of apportioned values in a distribution rule must always be equal to the overall total value.

5. Which of these are true statements about the Dunning Wizard?

A) You can select whether the system includes manual journal entries for business partners in the Dunning Wizard run.
B) The system only includes business partners with set Dunning Terms in the Dunning Wizard run.
C) It is not possible to include customers with a zero balance in the Dunning Wizard run.
D) The system automatically includes all business partners in the Dunning Wizard run.
E) Manual journal entries are shown in the Dunning recommendation report.

Solutions: