SAP Business One Certification Test

12 Questions | Total Attempts: 1100

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SAP Business One Quizzes & Trivia

SAP Business One is business management software designed for small and medium-sized enterprises, sold by the German company SAP SE. Take this sample test designed specially for SAP Business.


Questions and Answers
  • 1. 
    What are True to installment in payment terms?
    • A. 

      The system automatically creates a single line item in the journal entry for every installment.

    • B. 

      The payment wizard handles them as separate invoices and you can reconcile them separately.

    • C. 

      The customer receivable aging report, vendor liability aging report, the cash flow report, and open line item list also treat them as a single invoice.

    • D. 

      These line item all appear in the payment screen you can pay them one after the other.

    • E. 

      The system adds the whole tax amount to the last installment or the system distribute the tax amount among all installment.

  • 2. 
    What are True to credit memo with reference to an invoice with installment.
    • A. 

      The system must assign the credit memo amount to the installment.

    • B. 

      You can view but can't modify the installment number and division in the invoice.

    • C. 

      You can distribute the credit amount equal to the installment.

    • D. 

      You can distribute the credit amount to first but not to the last installment.

  • 3. 
    You can create posting periods for future fiscal years at any time. True or False?
    • A. 

      True

    • B. 

      False

  • 4. 
    You can define more than one series for a document type.
    • A. 

      True

    • B. 

      False

  • 5. 
    What are the ways by which reversal of adjustment posting be made as period-end-preparation?
    • A. 

      You post adjustment on the last day of the old period and enter any day of the new period as the reversal date.

    • B. 

      You create the period-end reports based on the adjusted general ledger.

    • C. 

      You reverse the adjustment posting with the reverse transactions.

    • D. 

      You can mark journal entries made for your closing operation.

  • 6. 
    In doubtful debts, the system opens a journal entry and creates a first line item. The line item posts the amount of doubtful debt on the credit side of the customer account and debit side of the control account for doubtful debts.
    • A. 

      True

    • B. 

      False

  • 7. 
    What are True to editing the financial report template.
    • A. 

      Every financial report template has exactly five levels

    • B. 

      Level one to four consists of titles

    • C. 

      The G/L account are located on the fifth level

    • D. 

      The total of G/L account cannot be displayed on a higher level, You cannot make the higher titles invisible.

    • E. 

      In the financial report template the profit and loss statements, the system cannot insert a subtotal on every level

  • 8. 
    The security level that exists in the cash flow statement is for:
    • A. 

      Cash

    • B. 

      Credit and vouchers

    • C. 

      Cheque received

    • D. 

      Customer Liabilities

    • E. 

      Payable to Vendors

  • 9. 
    Posting that you have not yet made when the cash flow report is compiled cannot be included manually and assigned a security level further you cannot decide and include recurring posting or journal vouchers into consideration.
    • A. 

      True

    • B. 

      False

  • 10. 
    The credit and debit line item on the bank account is always managed as an open item.
    • A. 

      True

    • B. 

      False

  • 11. 
    The Payment Wizard Runs cover:
    • A. 

      AP and AR document

    • B. 

      Transaction that are fully paid

    • C. 

      Transaction that are not credited or reconciled.

    • D. 

      Un-reconcilled/allocated payments on account

  • 12. 
    What are True to payment wizard:
    • A. 

      The system creates a recommendation report or a list of suggested payments.

    • B. 

      You can accept but cannot reject the recommendation.

    • C. 

      You can save the recommendation and proceed at a later date or you can execute the payments.

    • D. 

      The button Non-Included transaction creates a list of all open items that could not be included in the payment.

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