SAP Certified Associate - SAP Business One - C_TB120

QUESTION NO: 1
You create a manual journal entry to record a foreign bank transfer, and CANNOT enter an amount in foreign currency for the bank account row. What definition must be modified?

A. The company's system currency must be set to the local currency. B. The journal entry settings must be set to allow multiple currency transactions. C. The bank account currency must be set to all currencies. D. The currency of the Business Partner must be set to the account currency.

Correct Answer: C

QUESTION NO: 2
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. Management Method: On Release Only C. Manage Item by: Serial Numbers D. Manage Item by: Batches

Correct Answer: A,C

QUESTION NO: 3
An accountant needs to record a household payment on a monthly basis. Every month, the payment amount as well as the petty cash and the expense accounts are the same in the journal entry.
What is the best practice to achieve this?

A. Use posting templates. B. Use recurring postings. C. Use recurring invoices. D. Use journal vouchers.

Correct Answer: B

QUESTION NO: 4
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. Create a discount group for this customer alone. B. Add entries to the Period and Volume Discounts for the Distributor Price List. C. Reassign the customer to the Distributor Price List. D. Set up Special Prices for Business Partners for this customer.

Correct Answer: C

QUESTION NO: 5
Which CRM object is designed to give you visibility into your sales pipeline?

A. Campaign B. Activity C. Customer 360 D. Opportunity

Correct Answer: D

QUESTION NO: 6
A sales representative should be able to inform a customer before adding a sales order, if the order exceeds their credit limit. Additionally, the sales manager wants to be notified when a credit limit has been exceeded.
How can you implement this? Note: There are 2 correct answers to this question.

A. Activate the credit deviation alert with the sales manager as the recipient. B. Set up an approval process for credit deviation with the sales manager as the approver. C. Enable credit limit restrictions on sales orders in the general settings. D. Define a user alert with a query to check the sales order value against the credit limit.

Correct Answer: B,D

QUESTION NO: 7
User-defined values can be added to which type of fields?

A. Only user-defined fields B. Only fields in master data C. All editable fields D. All document header fields

Correct Answer: C

QUESTION NO: 8
An A/R invoice was added to the system but an inventory transaction was NOT created.
What could be the reasons?

A. The invoice is based on a delivery document. B. The customer has exceeded their credit limit C. The items in the invoice are missing the unit of measure group. D. The in-stock quantity of thee items falls below the minimum level.

Correct Answer: A

SAP Certified Associate - SAP Business One - C_TB120_2504 Exam Questions