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NEW QUESTION: 1
During Business Blueprint, the customer indicated they want to run perpetual inventory with moving average valuation method. They went into production a week ago and they now want some existing products to use standard cost valuation instead. How can this be accomplished?
A. Once an item has been imported into SAP Business One, the valuation method is fixed and the items must be deleted and re-imported to change the method.
B. As long as there are no open transactions and there is no inventory for the item, they can change the valuation method.
C. They can move the items to an item group with the standard cost valuation method. This automatically changes the valuation method.
D. The moving average valuation method is only a default, and can be changed to standard cost for an item at any time.
Answer: B

NEW QUESTION: 2
Which transactions generate a prima nota entry in the system in addition to the universal journal entry?
There are 2 correct answers to this question.
A. Settlement of internal order (KO88)
B. Assessment cycle of cost centers (KSU5)
C. Post FI supplier invoice (FB60)
D. Post time sheet data to Controlling (CAT7)
Answer: C,D

NEW QUESTION: 3
Delivery Based Production integration supports, which of the following process? Please select all the correct answers that apply.
A. Kanban
B. Production orders
C. Process orders
D. Repetitive Manufacturing
Answer: A,B,C,D


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L4M7 Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the L4M7 Exam.

L4M7 Exam Topics

Review the L4M7 especially if you are on a recertification. Make sure you are still on the same page with what CIPS wants from you.

L4M7 Offcial Page

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Check what resources you have available for studying.

Schedule the L4M7 Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.