Managing Opportunities: Assessment Test Questions

  1. Which of the following record types can you create based on an opportunity? Select all the correct responses.
    • Sales quotes (correct)
    • Sales orders (correct)
    • Purchase requisitions (incorrect)
    • Contracts (incorrect)
  2. For which purpose do you assign stages to opportunities on the Opportunities form?
    • To estimate future sales revenue (correct)
    • To automate the assignment of sales team members to opportunities (incorrect)
    • To track inventory levels related to opportunities (incorrect)
  3. Select all steps that may be included in the workflow of opportunity management.
    • Converting a lead to an opportunity (correct)
    • Creating a sales quote (correct)
    • Disqualifying a lead (incorrect)
    • Closing an opportunity as lost (correct)
    • Canceling an opportunity (incorrect)
  4. Which of the following records can you create in Acumatica ERP if the Details tab of the Opportunities form includes a line with products or services? (Select all correct responses.)
    • Sales quote (correct)
    • Sales order (correct)
    • Purchase order (incorrect)
    • Credit memo (incorrect)
  5. How can you create a sales quote? Select all the correct responses.
    • By clicking Create Quote on the form toolbar or the More menu of the Opportunities form (correct)
    • By clicking Create Quote on the Details tab of the Sales Quotes form (incorrect)
    • By clicking Create Quote on the More menu of the Sales Quotes form (incorrect)
    • By clicking a quote on the Quotes tab of the Opportunities form and then clicking Copy Quote on the table toolbar (correct)
  6. Which of the following statuses can a sales quote have in Acumatica ERP? Select all the correct responses.
    • Sent (correct)
    • Primary (incorrect)
    • Disqualified (incorrect)
    • Draft (correct)
  7. Which settings are copied from a primary sales quote to an opportunity? Select all the correct responses.
    • Owner (incorrect)
    • Products and services (correct)
    • Status (incorrect)
    • Contact information (correct)
    • Discount details (correct)
  8. How can you create a sales order based on an existing opportunity in Acumatica ERP? Select all the correct responses.
    • By clicking Create Sales Order on the More menu of the Opportunities form for the opportunity (correct)
    • By clicking Convert to Order on the More menu of the Sales Quotes form for a sales quote based on the opportunity (correct)
    • By clicking Create Sales Order on the More menu of the Business Accounts form for the business account associated with the opportunity (incorrect)
  9. Select all the possible ways to create an invoice based on an opportunity.
    • By clicking Create Invoice on the More menu of the Opportunities form for the opportunity (correct)
    • By clicking Convert to Invoice on the More menu of the Sales Quotes form for a sales quote based on the opportunity (correct)
    • By clicking Copy to Invoice on the More menu of the Sales Quotes form (incorrect)