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eLearning 2007 Test Purchasing

High Confidence

1. SAP Business One's automation saves you time! Think about the automation that the SAP Business One Credit Memo provides, and then answer the question.
 A. Values in accounting and Credit Memo statistics
 B. Revenues and overall purchasing budget
C. Stock quantities and values in accounting
 D. Stock values and credit notes

2. Which of the following is a benefit of using the SAP Business One Landed Costs feature?
 A. The real cost of the item is reflected, meaning the gross profit will be correct.
 B. Each extra cost is calculated manually.
 C. The item cost does not include the associated taxes and fees, meaning the gross profit will be correct.
 D. Insurance is calculated separately so that you can keep it separate from freight.

3. Which of the following can the Purchase Analysis Report help you identify?
 A. Outstanding debts
 B. Purchasing volume and outstanding debts
 C. High and low seasons

4. What are the three types of Business Partner available in SAP Business One?
 A. Customer, Opportunists, Gold Customers
B. Vendor, Customer and Lead
 C. Vendor, Business Partner, Special Business Partner

 5. Witch field in the Journal Entry contains the vendor reference number?
A. The Ref. 2 fields
B. The Origin field  
C. The Number field

 6. Which account was credited when the Goods Receipt PO was added and was later debited when the related A/P Invoice was posted?
A. The vendor account
B. The sales tax account
C. The goods Received Not Invoiced account

 7. When a Goods Receipt PO is raised with a PO as it’s base document, changes can still be made to the PO (base document) after the Goods Receipt PO has been posted.
True or False
8. Goods Receipt PO with reference to an A/P Reserve Invoice will have which of the following effects on inventory?
A. Increase 'In Stock' and increase 'Available'
B. Increase 'In Stock' and decrease 'Available'
C. Increase 'In Stock' and decrease 'Ordered'
D. Decrease 'Ordered' and increase 'Available'

 9. It is possible to create an A/P Reserve Invoice by linking it to a Purchase Order.
True or False
10. It is possible to create a Goods Return on an invoiced item.
True or False

11. You can affect the inventory value:
 A. Only with Total level Additional Expenses / Freight
 B. Only with Row level Additional Expenses / Freight
C. With both Row and Total Additional Expenses / Freight
D. It is not possible to affect the inventory value with Additional Expenses / Freight

12. You can affect the Last Purchase Price:
 A. Only with Total level Additional Expenses / Freight
 B. Only with Row level Additional Expenses / Freight
 C. With both Row and Total Additional Expenses / Freight
 D. It is not possible to affect the Last Purchase Price with Additional Expenses / Freight

13. The value in the distributed Amount column displays:
 A. The Total level Additional Expenses / Freight amount distributed to each row.
 B. The Row level Additional Expenses / Freight amount distributed to each row.
C. The overall Additional Expenses / Freight amount distributed to each row.
D. The amount to be applied in the inventory value of the item in that row.

14. The field "Add. Expenses" located at the bottom right of the document displays:
 A. The Total level Additional Expenses / Freight amount
 B. The Row level Additional Expenses / Freight amount
 C. The overall additional amount expenses
D. The Fixed Additional Expenses / Freight amount

15. A base document can remain Open with its Additional Expenses / Freight amount only (without any open quantity).
 True or False

16. The "Base Method" field determines:
A. The method of applying the Additional Expenses / Freight on the inventory value
B. The method of distributing the Additional Expenses / Freight to the document rows
C. The method of applying the Additional Expenses / Freight on the Last Purchase Price
D. The method of copying the Additional Expenses / Freight to a target document

17. SAP Business One allows you to create item report based on any marketing document?
 True or False

18. When you click on the graphical icon in the 'Purchase' or 'Sales' tab when in the Item Master Data, the report you see displays...
A. all dates where a transaction was made within the current year.
B. all transactions made within the last month.
C. all transactions made from the previous year.

19. Is it possible to view reports that show all open items in any sales or purchasing document?
True or False

Search: Reserve Invoices

Answers

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