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1. Which statements are true about Journal Vouchers?
A) You cannot change any information in the entries after you have updated the voucher.
B) All entries in a journal voucher post at the same time.
C) You can save an unbalanced journal voucher.
D) You must have at least two entries in a voucher.
E) A journal voucher must be approved before you can post it.
2. Carrie is looking at several previously created quotations using the 'Previous Record' icon on the toolbar. She notices that the Quotation status changes to Update even though she didn't make any changes. What might be the reason?
A) A formatted search is assigned to one of the fields in the quotation document with Search in Existing User-Defined Values. Therefore, whenever Carrie opens the document the query is activated and brings new results that need to be updated in the document.
B) A formatted search is assigned to one of the fields in the quotation document with Display Saved User-Defined Values. Therefore, whenever Carrie opens the document the query is activated and brings new results that need to be updated in the document.
C) A formatted search is assigned to one of the fields in the quotation document with Refresh Regularly selected. Therefore, whenever Carrie opens the document, the query is activated and brings new results that need to be updated in the document.
D) The fact that Carrie is using the 'Previous Record' icon on the upper tool bar indicates to the system that an update must occur.
3. When does it make sense to use a posting template?
A) For frequently occurring postings to a set of accounts which may differ each time.
B) For regularly occurring postings of fixed amounts to a pre-determined set of accounts.
C) For regularly occurring postings for a fixed duration of time.
D) For frequently occurring postings to a set of accounts with a pre-determined distribution percent among the accounts.
4. ABC computers have just purchased SAP Business One. They have some sales orders in their legacy system that they want to have in SAP Business One. What are their options?
A) Use the Data Transfer Workbench to import these documents.
B) Enter basic information for each sales order then import the detailed information using the Data Import utility.
C) Copy and paste the data from Microsoft Excel to the Data Transfer Workbench import wizard.
D) Use the Document Generation Wizard to generate sales orders once you have added the business partners to the system.
E) Enter the sales orders manually.
5. Which report will allow you to value your inventory and review differences that would occur if you used a different costing method from the one defined globally for your items?
A) Inventory Posting Report
B) Last Prices Report
C) Items list
D) Inventory Valuation Report
Solutions:
| Question # 1 Answer: A,B,C,D,E | Question # 2 Answer: C | Question # 3 Answer: A,B,C,D | Question # 4 Answer: A,B,C,D,E | Question # 5 Answer: D |
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