C_TB120_2504 by SAP Actual Free Exam Q&As

Question 1

You have just posted an A/R invoice based on a delivery.
What is the effect on accounting? Note: There are 2 correct answers to this question.

A. A credit to sales revenue account B. A credit to cost of goods sold account C. A debit to a sales revenue account D. A debit to customer account

Discussion 0

Correct Answer: A,D Vote an answer

Question 2

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

Discussion 0

Correct Answer: C,D Vote an answer

Question 3

A service representative creates a service call at midnight for a customer with a contract. The contract's service level agreement specifies a resolution time of 8 hours. The service call shows a resolution deadline of noon.
Why is the deadline further out than 8 hours?

A. The equipment card contains a different resolution time. B. Resolution time calculation is affected by the hours of coverage listed in the contract. C. The response time from the contract is added to the resolution time. D. The time period for resolution begins once a technician is assigned.

Discussion 0

Correct Answer: D Vote an answer

Question 4

Data ownership is used in a company and the "business partner and document method is selected. A sales employee adds a sales quotation for a business partner.
How will the system apply data ownership rules if there is NOT an owner in the business partner master data?

A. Based on the company relationship B. Based on the sales employee's authorizations C. Based on the document owner D. Based on the business partner contact

Discussion 0

Correct Answer: C Vote an answer

Question 5

What condition must be fulfilled before the system recommends issuing a level 2 dunning letter?

A. A level 1 letter has already been issued. B. The dunning level of a customer is 2 or higher. C. The open debt exceeds the customer's credit limit. D. Interest should be defined in the dunning terms.

Discussion 0

Correct Answer: A Vote an answer

Question 6

A company wants to track the sales performance of items by different market segments. Examples of these segments include sales to youths, seniors, professionals, and amateurs. These market segments sometimes overlap.
Which functionality can help the company track sales performance of items for overlapping market segments?

A. Item Groups B. Customer Type C. Item Properties D. Customer Groups

Discussion 0

Correct Answer: C Vote an answer

Question 7

What is a requirement for a profit and loss account?

A. It must be set as a cash account. B. The balance has to be carried forward from one fiscal year to the next fiscal year. C. The balance has to be cleared at the end of each fiscal year. D. It must be located in the first three drawers of the chart of accounts.

Discussion 0

Correct Answer: C Vote an answer

Question 8

A user creates an incoming payment for a customer and selects two invoices to be paid. When the user tries to post the payment the system message that is shown in the attached screenshot appears.
What are possible reasons for this system message? Note: There are 2 correct answers to this question.

A. The customer uses a foreign currency and the exchange rate is NOT set up. B. The user did NOT choose a payment means. C. The invoices are NOT due yet. D. The amount in the Payment Means window does NOT match the total amount of invoices.

Discussion 0

Correct Answer: B,D Vote an answer

SAP Certified Associate - SAP Business One - C_TB120_2504 Exam Practice Test