What is a requirement for a profit and loss account?

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

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How are defined inventory levels (such as minimum inventory requirements) considered when running the Material Requirements Planning (MRP) wizard?

• A.Stock on Hand
• B.Recommendations
• C.Suppty
• D.Demand

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

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

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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 for overlapping market segments?

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

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You have just added a Purchase Order for 50 notebooks. What is the effect of adding this Purchase Order?

• A.In stock level decreases by 50
  Committed quantity increases by 50
• B.In stock level increases by 50
  Ordered quantity stays the same
• C.In stock level stays the same
  Committed quantity increases by 50
• D.In stock level stays the same
  Ordered quantity increases by 50

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