Vendor: Magento
Exam Code: M70-101
Exam Name: Magento Certified Developer
Certification: Magento Certifications
Total Questions: 127 Q&A
Updated on: Jun 09, 2026
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Which of the following lines includes a payment method object?
A. $quote->getShippingAddress ( )>setPaymentMethod(isset ($data['method']) ? $data['method'] : null); inside Mage_Checkout_Model_Type_Onepage
B. .public function setPayment(Mage_Sales_Model_Quote_Payment $payment) inside Mage_Sales_Model_Quote
C. $method = $this->getMethodInstance ( ); inside Mage_Sales_Model_Quote_Payment
D. $instance->setInfoInstance($this); inside Mage_Payment_Model_Info
Assume you have product with qty in stock=1, and two people are trying to buy it at the same time.
Which of the following statements is true?
A. Only one is able to add the product to the shopping cart. That person will be able to buy the product.
B. Only the person who starts checkout first will be able to buy the product.
C. Only the person who passes the payment step first will be able to buy the product.
D. Both persons can go to the Place Order step, but the one who places the order first will get the product.
E. Both persons will be able to complete the checkout, because both have local copies of the available inventory.
Which of the following payment methods' payment actions creates an invoice during the "place order" step?
A. Mage_Payment_Model_Method_Abstract::ACTION_AUTHORIZE
B. Mage_Payment_Model_Method_Abstract::ACTION_CAPTURE
C. Mage_Payment_Model_Method_Abstract::ACTION_AUTHORIZE_CAPTURE
D. Mage_Payment_Model_Method_Abstract::ACTION_INVOICE
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