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SAP Certified Associate - SAP Business One Sample Questions (Q21-Q26):

NEW QUESTION # 21
You post a goods receipt PO (GRPO). There is NO purchase order to reference.
How will the GRPO affect inventory levels? Note: There are 2 correct answers to this question.

A. Increases the committed quantity.
B. Increases the quantity available to promise.
C. Decreases the ordered quantity.
D. Increases the in-stock quantity.

Answer: B,D

NEW QUESTION # 22
You have just posted an A/R invoice based on a delivery.
What is the effect on accounting? Note: There are 2 correct answers to this question.

A. A credit to cost of goods sold account
B. A credit to sales revenue account
C. A debit to a sales revenue account
D. A debit to customer account

Answer: B,D

NEW QUESTION # 23
A company manufactures electronic parts. They want to begin individually tracking the items at the point when they leave the warehouse and the point that they are delivered to a customer.
What settings are required on the item master record? Note: There are 2 correct answers to this question.

A. Management Method: On Every Transaction
B. Manage Item by: Batches
C. Management Method: On Release Only
D. Manage Item by: Serial Numbers

Answer: A,D

NEW QUESTION # 24
Which valuation method calculates item cost by dividing the total inventory on-hand by the quantity in stock?

A. Standard cost valuation
B. FIFO
C. Serial/Batch valuation
D. Moving average

Answer: D

NEW QUESTION # 25
One of your largest customers is assigned to the Retail Price List. You have just negotiated quantity discounts for this customer for certain items based on the Distributor Price List prices. These additional discounts should apply too this only this customer.
Which is the best option for pricing to support this scenario?

A. Add entries to the Period and Volume Discounts for the Distributor Price List.
B. Create a discount group for this customer alone.
C. Reassign the customer to the Distributor Price List.
D. Set up Special Prices for Business Partners for this customer.

Answer: C

NEW QUESTION # 26
......

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