Online Access Free C_TB1200_88 Practice Test

At the end of the financial period, Melanie, the accountant at Flowers for Me, issues the profit and loss statement budget report. She is surprised to find out that the company is deviating from budget. What could be the reason for the budget deviation?

• A.Melanie is not authorized to confirm budget deviation in case a G/L account exceeds the budget.
• B.When setting the budget for the company she marked all expense accounts as budget accounts.
• C.During the year, the check for deviation from the budget was done according to a budget scenario that has different amounts than the main budget scenario.
• D.Melanie issued the report according to a budget scenario that has different amounts than the main budget scenario.

Shirley of Household Robots Incorporated would like to use serial number management. She likes the idea of having sequential numerical serial numbers automatically generated. She does not care if they are not unique across products. She wants the serial numbers created during delivery. What setting can she use to have the system create successive serial numbers that can be selected in sales and stock release documents?

• A.No special settings are necessary once serial numbers are activated. Serial numbers are optional in all documents.
• B.Create a separate "Nettable" warehouse for storing the finished goods.
• C.Choose "On Release Only" for each item's management method.
• D.Configure items to use the manufacturers serial number in General Settings.

Z Tools would like to use bills of materials to define a tool kit that they sell. However, they would like the option to substitute the items in a tool kit in case some items are not available or the customer prefers a different item. Which type of bill of materials allows for substitutions in a sales document?

• A.A 'production bill of materials'
• B.A 'sales bill of materials'
• C.An 'assembly bill of materials'
• D.A 'template bill of materials'

When working with a perpetual inventory system, where should the 'Unit Price' in the Goods Receipt PO default from?

• A.The valuation method defined for each item in the Goods Receipt PO.
• B.The inventory account defined for each item in the Goods Receipt PO.
• C.The vendor's price list for each item in the Goods Receipt PO.
• D.The 'Item Cost' value of each item in the Goods Receipt PO.

The implementation consultant is defining the chart of accounts for Green Studios. James, the CEO of Green Studios, asks what the consultant will do to reflect his customer's transactions in the chart of accounts.

• A.Add an accounts receivable control account to the cost of sales drawer.
• B.Add an accounts receivable control account to the assets drawer
• C.Add all customer accounts as business partner master data.
• D.Add an account for each customer in the assets drawer.