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| Section | Objectives |
|---|---|
| Topic 1: Inventory and Logistics | - Warehouse and item master data - Inventory management processes |
| Topic 2: Financials | - General ledger and chart of accounts - Financial reporting and posting logic - Accounts receivable and payable processes |
| Topic 3: Sales and Purchasing | - Sales cycle management - Purchasing cycle management |
| Topic 4: Implementation and Administration | - User authorization and roles - System setup and configuration |
| Topic 5: SAP Business One Overview | - Navigation and user interface basics - System architecture and core components |
1. How would a controller ensure that the company's financial reports are presented in a structured way?
A) Organize the chart of accounts by levels and order appropriate to the reporting structure.
B) Change the order of the accounts in the print layout according to the company's industry and localization.
C) Periodically delete all accounts with no transactions in the last posting period.
D) Perform the period end closing process at the end of each financial period.
2. Which accounts will appear in the balance sheet report?
A) Sales and expenditures accounts with balances in the selected period
B) Accounts that show gross profit for the current fiscal year
C) The electricity and the telephone accounts of the company
D) The bank account and the inventory account of the company
3. The company's accountant posts similar, fixed amount transactions on a regular basis, such as an allowance or a loan payment. What is the most efficient way to post these transactions?
A) Use the Posting Template function.
B) Use the Recurring Postings function.
C) Use the Journal Vouchers function.
D) Use the Payment Wizard.
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. Ruby Manufacturing has 30 sales employees who will use SAP Business One in a similar way. What is the most efficient way to design general authorization permissions for the functionality required by these employees?
A) Make a list of the modules and functions that one of the employees needs to use. Assign general authorizations to match this list, and copy the authorizations to the other users.
B) Define the general authorizations needed for the role and set this role as a default in the user accounts for the sales employees.
C) Assign Limited CRM license types to the sales employees. This will automatically set the general authorizations for sales employees.
D) Define the employees as sales employees/buyers in SAP Business One. They will automatically receive the same general authorizations.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |
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