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SAP Certified Application Associate - SAP Business One 8.8 Sample Questions:

1. During the implementation project, the implementation consultant presents the list of SAP Business One modules and functions to the client team. The client lead states that he is responsible for planning and monitoring expenditures on company projects. Which training will be required for the client lead to manage spending limits?

A) Set up and management of budget
B) Management of approval procedures
C) Journal postings and outgoing payments
D) Purchasing process and accounts payables

2. How does the system determine the unit value of an inventory item controlled by moving average valuation method?

A) Apply the last purchase price for this item.
B) Use the item cost of the oldest item in stock.
C) Divide the total value by the total quantity.
D) Enter a cost price into the item master record.

3. Tiny Toys reports the financial statement to the company headquarters once a year. They manage internal controlling at the end of each quarter. How would you recommend they set the posting periods in SAP Business One?

A) Define the main posting period as the quarter and the sub-periods as months.
B) Define the main posting period as the fiscal year and the sub-periods as quarters.
C) Set the fiscal year to quarters and define the sub-periods as days.
D) Define the main posting period as quarters with no sub-periods.

4. Which transaction will typically affect ONLY the balance sheet accounts?

A) Period end closing utility
B) A/R credit memo
C) Outgoing payment to a vendor
D) A/R invoice

5. Z Tools would like to use bills of materials to define a tool kit that they sell. However, they would like the option to substitute the items in a tool kit in case some items are not available or the customer prefers a different item. Which type of bill of materials allows for substitutions in a sales document?

A) A 'production bill of materials'
B) An 'assembly bill of materials'
C) A 'template bill of materials'
D) A 'sales bill of materials'

Solutions: