Online Access Free C_TB120_2504 Practice Test

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

In the header of the item master data record for Item A2222, only the Purchasing Item checkbox is selected. The item category checkboxes for Inventory Item and for Sales Item are unchecked.
Why would items have these settings?

• A.They are used as consignment items
• B.They are used in the drop ship process
• C.They are components in an assembly bill of materials
• D.They are office supplies

A restaurant supply store wants to set up discounts for one of its best customers. The customer should receive a 2% discount on cookware, and should also receive a free apron for every 3 aprons they buy.
How can you set up these discounts?

• A.Create a discount group.
• B.Create a specific blanket agreement.
• C.Use the special prices for business partners.
• D.Define a new price list with a factor of 2.

When you create a new company, default settings and values are applied automatically in the company details.
What influences the default settings?

• A.Local currency
• B.License
• C.Chart of accounts template
• D.Localization

What payment means can be used for outgoing payments in the Payment Wizard? Note: There are 2 correct answers to this question.

• A.Cash
• B.Checks
• C.Bank transfer
• D.Credit card