Question 1

Your client needs to implement SAP Business One to manage project costs for multiple ongoing projects. They want to track expenses and revenues separately for each project. What steps must be taken to enable project cost tracking?

Options :

A : Enable project management in SAP Business One.

B : Assign cost centers to each project for expense tracking.

C : Set project milestones for revenue recognition.

Answer: A,B

Question 2

A multinational company using SAP Business One is expanding to new markets and needs to handle transactions in different currencies and tax jurisdictions. What settings need to be configured to handle multi-currency and tax calculations effectively?

Options :

A : Activate automatic currency conversion

B : Define multiple currencies in the Administration module

C : Enable tax jurisdictions for different regions

D : Set up tax codes for each jurisdiction

Answer: B,C

Question 3

You are implementing SAP Business One for a client who needs to handle warranty claims for products sold. What setup and configuration options should be implemented to track warranty claims efficiently?

Options :

A : Enable the Service Module to track product warranties

B : Configure automatic alerts for warranty expiration

C : Use user-defined fields to capture warranty details

D : Define warranty periods in item master data

Answer: A,D

Question 4

You are tasked with configuring SAP Business One to track employee time and attendance. The company wants to integrate time data with payroll for accurate salary calculations. What steps must be taken to enable this integration?

Options :

A : Assign cost centers for time and attendance data.

B : Enable the time and attendance management module in SAP Business One.

C : Set up integration with the payroll system to synchronize data.

Answer: B

Question 5

A company using SAP Business One wants to optimize its cash flow management by automating cash flow forecasts based on expected receipts and payments. How can this be configured in the system?

Options :

A : Track cash flow by customer or vendor

B : Use the Cash Flow Management module

C : Link the cash flow forecast to sales and purchase orders

D : Set up incoming and outgoing payments

Answer: B,C

Higher Test Marks with Free Online P_C4H34_2411 Exam Practice

Buying Options: