SAP Business One Certification Exam Practice Test #5

Approved & Edited by ProProfs Editorial Team
The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.
Learn about Our Editorial Process
| By Niladri_harichan
N
Niladri_harichan
Community Contributor
Quizzes Created: 11 | Total Attempts: 13,249
Questions: 15 | Attempts: 634

SettingsSettingsSettings
SAP Business One Quizzes & Trivia

Sap sample question for certification


Questions and Answers
  • 1. 

    When production order is completed the receipt from production is credited, stock account of product is debited, by the actual value of finished product and WIP account is credited.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    When a production order is completed, the receipt from production is credited to acknowledge the completion of the order. At the same time, the stock account of the product is debited to reflect the increase in inventory due to the finished product. Additionally, the Work in Progress (WIP) account is credited to account for the transfer of costs from the WIP stage to the finished goods stage. This ensures that the financial records accurately reflect the completion of the production order and the corresponding changes in inventory and cost allocation. Therefore, the statement is true.

    Rate this question:

  • 2. 

    What are True to Manual reconciliation?

    • A.

      You can manually reconcile one G/L account at a Time.

    • B.

      You cannot reconcile multiple Business Partner account.

    • C.

      Partial reconciliation is not possible by manual reconciliation.

    • D.

      For Business Partner you can also create an incoming or outgoing payment as an adjustment.

    • E.

      Journal entries posted by the reconciliation process have the origin "JR", when the system process cash discount,exchange rate difference, deferred Tax and withholding Tax.

    Correct Answer(s)
    A. You can manually reconcile one G/L account at a Time.
    D. For Business Partner you can also create an incoming or outgoing payment as an adjustment.
    E. Journal entries posted by the reconciliation process have the origin "JR", when the system process cash discount,exchange rate difference, deferred Tax and withholding Tax.
    Explanation
    B. You can reconcikle multiple BP account.
    C. Partial reconcillation is possible in manual reconcillation.

    Rate this question:

  • 3. 

    Which are True to Production Order?

    • A.

      Production Order is a command to produce or repairs a production items

    • B.

      The production order supports the planning and assembly of a production item

    • C.

      It Tracks all the material transaction and cost that are involved in the production process.

    • D.

      Special production Order is used for continious production order

    Correct Answer(s)
    A. Production Order is a command to produce or repairs a production items
    B. The production order supports the planning and assembly of a production item
    C. It Tracks all the material transaction and cost that are involved in the production process.
    Explanation
    D. Standard production order is used for continuous production order

    Rate this question:

  • 4. 

    The Inventory turn ratio, is a metric determining inventory usage.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The inventory turnover ratio is a measure used to assess how efficiently a company is managing its inventory. It calculates the number of times inventory is sold and replaced in a given period. A higher inventory turnover ratio indicates that a company is selling its inventory quickly and efficiently, while a lower ratio suggests that inventory is not being sold as quickly. Therefore, the statement that the inventory turnover ratio is a metric determining inventory usage is true.

    Rate this question:

  • 5. 

    Level 2 to 4 consists of active and title account.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    2 to 4 consists of active or title account

    Rate this question:

  • 6. 

    Which are the input tools in SAP B1?

    • A.

      User defined tools

    • B.

      Pick and pack tools

    • C.

      Selection list

    • D.

      Drag down list

    Correct Answer(s)
    C. Selection list
    D. Drag down list
    Explanation
    The input tools in SAP B1 are selection list and drag down list. These tools allow users to choose from a predefined list of options when entering data into the system. A selection list provides a dropdown menu with a list of options, while a drag down list allows users to select an option by dragging it down from a list. These input tools help streamline data entry and ensure accuracy by providing predefined options for selection.

    Rate this question:

  • 7. 

    The system does not need any suspense account for any incoming credit card payment, incoming cheque, and bank transfer.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Outgoing payment does not require suspense account

    Rate this question:

  • 8. 

    Which of the following statements are True for open Item created?

    • A.

      The system makes posting directly to bank account

    • B.

      You deposit cash,cheque and credit cards.

    • C.

      You post payments using bank transfer

    • D.

      You use bank processing statement option

    Correct Answer(s)
    A. The system makes posting directly to bank account
    B. You deposit cash,cheque and credit cards.
    C. You post payments using bank transfer
    D. You use bank processing statement option
    Explanation
    The open item created allows the system to make postings directly to the bank account. It also allows for the deposit of cash, cheques, and credit cards. Additionally, payments can be posted using bank transfer, and the bank processing statement option can be used.

    Rate this question:

  • 9. 

    Which are True to report organizer in XL reporter?

    • A.

      You can save the executed report into a report book

    • B.

      You can also distribute a finished report via E-mail

    • C.

      You cannot create a report definition i.e, displayed and edited in report designer.

    • D.

      The report organizer does not allow you to assign the report to main menu in business one

    • E.

      You can execute report definition to get a finished report in M.S Excel

    Correct Answer(s)
    A. You can save the executed report into a report book
    B. You can also distribute a finished report via E-mail
    E. You can execute report definition to get a finished report in M.S Excel
    Explanation
    C. you can....
    D. The report organizer allows you .....

    Rate this question:

  • 10. 

    What are True to BOM in Production?

    • A.

      Sales and assembly BOM are collection of individual items in a set without a specific price

    • B.

      They cannot have more than one level

    • C.

      The components are items that you can also sell individually

    • D.

      The Sales BOM and Assembly BOM represent a finished product that is assembled at the Sales stage

    Correct Answer(s)
    C. The components are items that you can also sell individually
    D. The Sales BOM and Assembly BOM represent a finished product that is assembled at the Sales stage
    Explanation
    A. with a specific price.
    B. Have more than one level

    Rate this question:

  • 11. 

    For the assembly BOM the finished product appears in the sales order document.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    In an assembly Bill of Materials (BOM), the finished product is indeed included in the sales order document. This means that when a customer places an order for the finished product, all the components and sub-assemblies required to produce the finished product are listed in the sales order document. This helps in accurately tracking and fulfilling the customer's order by ensuring that all necessary parts are included in the production process.

    Rate this question:

  • 12. 

    For both the Sales BOM and Assembly BOM you do not manage the finished product as an inventory item, but rather as a sales item.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The explanation for the given correct answer, True, is that both the Sales BOM (Bill of Materials) and Assembly BOM do not treat the finished product as an inventory item. Instead, they consider it as a sales item. This means that the focus is on selling the product rather than managing it as a stock item.

    Rate this question:

  • 13. 

    What are True to Report Composer?

    • A.

      You cannot print the report composer

    • B.

      You cannot convert into finished report in MS Excel

    • C.

      The report can be converted into report definition and the report designer for more advance editing

    • D.

      You can make queries about data in data base and arrange them into a quick preliminary report

    Correct Answer(s)
    C. The report can be converted into report definition and the report designer for more advance editing
    D. You can make queries about data in data base and arrange them into a quick preliminary report
    Explanation
    A.You can...
    B. You can....

    Rate this question:

  • 14. 

    The component for Sales BOM and assembly BOM must be sales item.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The statement is true because both the Sales BOM (Bill of Materials) and Assembly BOM (Bill of Materials) components must be sales items. This means that the items included in these BOMs are products that can be sold to customers. It is important for these components to be sales items as they are directly related to the sales process and the final products that will be sold to customers.

    Rate this question:

  • 15. 

    Template BOM can have each of the three attributes purchase, sales and inventory items.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Template BOM can have each of the three attributes purchase, sales, and inventory items. This means that the template Bill of Materials can include information related to purchases, sales, and inventory items. This statement is true as it states that all three attributes can be present in the template BOM.

    Rate this question:

Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.