SAP Business One Certification Exam Practice Test #3

10 Questions | Total Attempts: 1696

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SAP Business One Quizzes & Trivia

Sap questions for certification


Questions and Answers
  • 1. 
    You cannot use Alternative Account Name for a Account when your company works in different language. True or False?
    • A. 

      True

    • B. 

      False

  • 2. 
    You can manually post to a Tax account.
    • A. 

      True

    • B. 

      False

  • 3. 
    Reverse Transaction with (-)ve amount post the debit in error as a (-)ve credit and credit in error as a (-)ve debit.
    • A. 

      True

    • B. 

      False

  • 4. 
    What are True to debit and credit in G/L account?
    • A. 

      The system display debit in black with blue background and credit in green

    • B. 

      The amounts are usually (+)ve . The (-)ve amount indicates reversal posting.

    • C. 

      The balances is the difference between the sum of all credit posting and the sum of all debit posting.

    • D. 

      Usually, the system display a credit balance with (-)ve sign because the credit balance represent expenditure in an asset account.

  • 5. 
    You can save journal voucher as not balanced as long as it is in the draft mode.
    • A. 

      True

    • B. 

      False

  • 6. 
    What are True to recurring posting in SAP B1?
    • A. 

      Recurring posting use a template that is stored with a code and a description.

    • B. 

      You must specify the next execution date for recurring posting

    • C. 

      One time recurring posting is not possible in SAP B1

    • D. 

      Journal entry that you need repeatedly but not regularly basis, access template from manual journal entry.

    • E. 

      The system duplicate the original recurring posting every time the execution date arrives. Once you use this instance and add it to the system, it will be deleted.

  • 7. 
    What are True to internal reconcillation
    • A. 

      Internal reconciliation refers to the matching or clearing of open credit items to open debit items within an account.

    • B. 

      For customer account a receivable (credit) must be followed by an Incoming payment (debit).

    • C. 

      For vendor account a liability (credit) must be followed by an outgoing payment (debit).

    • D. 

      For good receipt/Invoice Receipt account (GR/IR), each incoming invoice (credit) must correspond to a good receipt (debit).

  • 8. 
    You can use the Profit Center report to display an over view of the posted cost and revenues.
    • A. 

      True

    • B. 

      False

  • 9. 
    You can enter Profit Center, Dimension, Project directly in the relevant line items or the journal entry but not in the marketing document.
    • A. 

      True

    • B. 

      False

  • 10. 
    The system provides a dunning wizard on the purchase menu that generates dunning letter for all outstanding vendors
    • A. 

      True

    • B. 

      False

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