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| Section | Objectives |
|---|---|
| Administration and Configuration | - Master data configuration - System initialization and setup - User management and authorization |
| Queries, Reports and User-Defined Objects | - Queries and query generator - Reports and layouts - User-defined fields and tables |
| Logistics Business Processes | - Inventory management and warehouse processes - Production and material requirements planning - Sales and purchasing processes |
| Implementation Methodology | - SAP Business One implementation methodology - Business blueprint and project preparation |
| Mapping Customer Business Requirements | - Business process analysis - SAP Business One solution mapping |
| Support Processes | - Troubleshooting and system support - Data migration and maintenance |
| Financial Business Processes | - Reporting and financial analysis - Banking and payment processes - Financial accounting processes |
1. Mike from Miller Inc. created a forecast showing a need for 100 staplers by June 1. Currently there are 10 staplers in inventory. Existing sales orders have a committed quantity of 50 staplers. When Mike runs MRP to produce a production order to manufacture staplers, the recommended production order is for 90 staplers. Why does MRP recommend this amount?
A) The minimum stock requirement is set to 10.
B) MRP never considers sales orders as demand.
C) The maximum stock requirement is set to 90.
D) The planning definitions are set to consume forecasts.
2. Which transaction will typically affect ONLY the balance sheet accounts?
A) Period end closing utility
B) Outgoing payment to a vendor
C) A/R invoice
D) A/R credit memo
3. How would a controller ensure that the company's financial reports are presented in a structured way?
A) Change the order of the accounts in the print layout according to the company's industry and localization.
B) Perform the period end closing process at the end of each financial period.
C) Organize the chart of accounts by levels and order appropriate to the reporting structure.
D) Periodically delete all accounts with no transactions in the last posting period.
4. How is the available quantity calculated in SAP Business One?
A) Quantity in stock + quantity ordered
B) Quantity in stock - quantity committed
C) Quantity in stock - quantity committed + quantity ordered
D) Quantity in stock + quantity committed - quantity ordered
5. You created a delivery for a sales order. The delivery automatically created a journal entry. Why was the journal entry created?
A) All sales documents that affect inventory quantity create a journal entry regardless of which type of inventory method is used.
B) Every document in the sales process creates a journal entry from the sales order through the invoice.
C) This journal entry is created when a customer is tax liable. When a delivery document which contains a tax amount is created, the system automatically creates a journal entry.
D) You are using perpetual inventory so every document that affects inventory creates a journal entry to reflect the inventory value in the general ledger.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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