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

2. Which of the following Document Types can be selected to be included by the Dunning Wizard in the recommendation report?

A) Credit memos not based on invoices
B) Payments not based on invoices
C) Open A/R invoices that are partially paid
D) Open A/R invoices that are partially credited
E) Manual journal entries

3. Which of the following can be displayed in the item master for each warehouse?

A) A minimum inventory level
B) The available quantity
C) The quantity in stock
D) A list of purchase orders
E) The quantity backordered

4. For which of the following events is the moving average cost recalculated?

A) Purchase order submission.
B) Completion of a production order.
C) Stock release.
D) Stock entry.

5. Which of the following statements are correct when using formatted search?

A) You can assign a formatted search by choosing Settings from the Customization Tools menu.
B) You can define a list of fixed, default values for a field.
C) You can assign a formatted search to auto-refresh a header field when another header field changes.
D) You can assign a formatted search to auto-refresh a header field when a row field changes.
E) You can assign a formatted search to auto-refresh a row field when a header field changes.

Solutions: