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Last Updated: Aug 09, 2026
No. of Questions: 152 Questions & Answers with Testing Engine
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| Section | Objectives |
|---|---|
| Topic 1: Implementation and Customization | - System setup and company initialization - User authorization and configuration tools |
| Topic 2: Sales and Customer Management | - Pricing and discounts - Sales process configuration - Customer relationship management functions |
| Topic 3: Inventory and Distribution | - Inventory control and warehouse management - Item master data and stock transactions |
| Topic 4: Purchasing and Supplier Management | - Procurement process setup - Vendor management and purchasing documents |
| Topic 5: Financials Configuration and Processes | - General ledger and chart of accounts - Banking and financial reporting - Accounts receivable and accounts payable |
| Topic 6: SAP Business One Overview | - Core business processes overview - System architecture and navigation |
1. What is one of the prerequisites for a customer equipiment card to be created automatically?
A) The "Automatically Create Customer Equipment Card" indicator must be set in the business partner master.
B) The "Automatically Create Customer Equipment Card" indicator must be set in the delivery.
C) The "Automatically Create Customer Equipment Card" indicator must be set in the General Settings.
D) The item must belong to an item group which is set to automatically create a customer equipment card.
2. Bobbie is the CFO of Hughes Oil Drills. He defined a recurring posting for a loan the company got from Bank of America. The posting occurs on the tenth day of each month. Bobbie runs the cash flow report but he cannot see this recurring posting in the report. Why?
A) The date range Bobbie set for the recurring postings is different from the one he selected in the cash flow report.
B) Bobbie did not flag the 'Display Recurring Postings on Execution' checkbox in the General Settings.
C) Bobbie did not include recurring postings in the cash flow report selection screen.
D) Bobbie did not flag the recurring posting as Cash-Flow relevant.
3. Lisa from World Express wants to display all open purchase orders for a specific vendor. What should she do?
A) Call up the Open Items List report and choose 'Open Purchase Orders'. Sort the list by vendor to display all purchase orders for a particular vendor.
B) Access the business partner master of the vendor. From there, navigate to the items list of the vendor and display all open items.
C) Run the sales analysis. Select a salesperson and flag the annual report checkbox.
D) Click the Drag Relate tab, open the business partners list, select the vendor, and drag the vendor code to the 'Purchase Order' and use the filter to show just open purchase orders.
4. How many control accounts can you use in SAP Business One?
A) As many as you like. You can select different control accounts when you create a business partner.
B) One for customers and one for vendors. You enter the control account in the customer or vendor master record.
C) Two for customers and two for vendors (one for domestic and one for foreign transactions).
D) Three. One for accounts payable, one for accounts receivable, and one for doubtful debts.
5. Joe is preparing the bank deposit for the day. When he opens the Deposit window he does not see a check that he entered earlier as a payment. What could be the reason?
A) The due date of the check is later than the Considered Until date shown in the deposit window.
B) There was a reconciliation difference between the check's clearing account balance and the check amount Joe needs to deposit, therefore the system does not display the check.
C) The due date of the check is later than the Deposit Date field shown in the deposit window.
D) Joe has selected a different check clearing account than the one the check was posted to.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B,C,D | Question # 3 Answer: A,B,C,D | Question # 4 Answer: A | Question # 5 Answer: A,B,C,D |
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