C-TB120-2504 by SAP Actual Free Exam Questions And Answers

Question 1

Item Code AB1234 is controlled by the FIFO valuation method.
When this item is issued out of the warehouse, which layer does the system choose first?

A. The oldest available layer

B. The layer with the lowest cost

C. The layer selected by a user

D. The layer with the smallest quantity

Discussion 0

Correct Answer: A Vote an answer

Question 2

Which of these tasks are performed for the cutover period (just before go-live) in a well-run implementation project? Note: There are 2 correct answers to this question.

A. Conduct system testing

B. Freeze the legacy system.

C. Perform a stock count.

D. Migrate legacy data.

Discussion 0

Correct Answer: A,D Vote an answer

Question 3

A company uses the advanced G/L account determination solution. The company defined five rules for special business scenarios for selling items to different countries.
Which accounts does the system use for all other business scenarios to assign accounts to journal entries?

A. The accounts defined in the warehouse

B. The accounts defined in the G/L determination window

C. The accounts defined in the item group

D. The accounts defined in the item master data

Discussion 0

Correct Answer: B Vote an answer

Question 4

There are three parts to this bin location code: M02-A14-502
What does each part represent?

A. M02 represents the storage type, A14 represents the inventory category, and 502 represents the product code.

B. M02 represents the floor, A14 represents the section, and 502 represents the bin position.

C. M02 represents the warehouse, A14 represents the aisle, and 502 represents the specific shelf number.

D. M02 represents the row, A14 represents the section, and 502 represents the shelf.

Discussion 0

Correct Answer: D Vote an answer

Question 5

Which of the following documents increases the in-stock level of an item? Note: There are 3 correct answers to this question.

A. Goods Receipt PO

B. Reserve Invoice

C. Goods Receipt

D. Goods Return

E. Return

Discussion 0

Correct Answer: A,C,E Vote an answer

Question 6

A company uses perpetual inventory and produces items in-house that are controlled by the standard cost valuation method. The standard cost value is set to 20. During the past month, the actual cost to produce this item increased to 25 due to labor costs.
What is the effect on accounting and inventory each time this item is produced? Note: There are 2 correct answers to this question.

A. The cost of goods sold for the item will be set at 25.

B. A cost of 20 is posted to thee stock account.

C. The cost difference 5 is posted to a variance account.

D. The cost of 25 is posted to the stock account.

Discussion 0

Correct Answer: A,C Vote an answer

Question 7

Which document triggers the reduction of an asset master data's Net Book Value to zero?

A. Goods issue

B. Inventory Revaluation

C. A/P invoice

D. A/R invoice

Discussion 0

Correct Answer: B Vote an answer

Question 8

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. Manage Item by: Batches

B. Manage Item by: Serial Numbers

C. Management Method: On Every Transaction

D. Management Method: On Release Only

Discussion 0

Correct Answer: B,C Vote an answer

SAP Certified Associate - SAP Business One - C-TB120-2504 Exam Practice Test

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