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1. Homewood Furniture builds the same children's furniture in each of their three factories which are located in different parts of the country. Because labor and materials costs vary so much by location, they would like to track item costs geographically by using regional accounts in the general ledger. At which level should they set the G/L account determination for the furniture items they manufacture?
A) Company level
B) Warehouse level
C) Item Properties level
D) Item level
2. The implementation consultant is defining the chart of accounts for Green Studios. James, the CEO of Green Studios, asks what the consultant will do to reflect his customer's transactions in the chart of accounts.
A) Add an accounts receivable control account to the assets drawer
B) Add an account for each customer in the assets drawer.
C) Add an accounts receivable control account to the cost of sales drawer.
D) Add all customer accounts as business partner master data.
3. 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) Periodically delete all accounts with no transactions in the last posting period.
C) Change the order of the accounts in the print layout according to the company's industry and localization.
D) Perform the period end closing process at the end of each financial period.
4. 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) Define the employees as sales employees/buyers in SAP Business One. They will automatically receive the same general authorizations.
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) 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.
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 'template bill of materials'
B) An 'assembly bill of materials'
C) A 'production bill of materials'
D) A 'sales bill of materials'
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
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