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1. How is the available quantity calculated in SAP Business One?
A) Quantity in stock + quantity committed - quantity ordered.
B) Quantity in stock + quantity ordered.
C) Quantity in stock - quantity committed.
D) Quantity in stock - quantity committed + quantity ordered.
2. One of our vendors sends us invoices in various foreign currencies, therefore we have defined the vendor's master record as an account with multiple currencies. We can enter invoices for this vendor in any currency. How is the account balance stored?
A) In the foreign currency that is used most frequently.
B) In every foreign currency.
C) In the local currency.
D) In the system currency.
3. Michael from Cycle Sports Inc. is responsible for the production of a front light for a bicycle. He has already created the item master records and a production bill of materials for the front light and its components. Now he wants to create a production order for this bill of material. Which production order type should he choose?
A) Assembly Production Order
B) Standard Production Order
C) Special Production Order
D) Disassembly Production Order
4. Sophie created a query and now wants to print a report from the query. What must Sophie do before she can print the query results?
A) Link her query to a base template using the Query Manager.
B) Link her query to a base template using the Query Print Layout tool.
C) Link her query to a base template using the Print Layout Designer.
D) Link her query to a base template using the Query Generator.
5. Which statements are correct regarding inventory valuation methods?
A) With first in - first out valuation, stock is valued using the cost of the most recent item.
B) With first in - first out valuation, stock is valued using the cost of the oldest item.
C) With moving average cost valuation, stock is valued by dividing the total value by the total quantity.
D) With standard cost valuation, stock may need to be periodically revalued.
E) With moving average cost valuation, you must enter a cost price into the item master record.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,B,C,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A,B,C,D,E |
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