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1. You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work are a. Why can't you see this process?
A) All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
B) Purchase order information is automatically sent to Receipt Accounting using a real-time method
C) You do not have the role to import purchase order information into Receipt Accounting.
D) Purchase order information should not be imported into Receipt Accounting.
E) This process can only be scheduled and run from the Receipt Accounting work area
2. Identify two ways that standard cost is calculated.
A) The cost of a configured item is calculated based on the work definition of the model item.
B) The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
C) Users must manually enter the cost of each configured item; the calculation is not automated.
D) The standard cost of the configured item is based on the purchase order price quoted by the
E) The standard cost is the sum of the cost of the selected option items.
3. Which four steps need to be completed to establish standard costs for a make item?
A) Create a new cost scenario
B) Add standard costs to a cost scenario
C) Run preprocessor
D) Complete cost roll-up
E) Export item costs
F) Publish costs
4. You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
A) Reference Types
B) Routes
C) Charge Name
D) Trade Operation
E) Trade Operation Templates
5. Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error.
What must you do to meet your customer's requirement and resolve this error?
A) Run the Transfer Transactions to Costing process.
B) Change the number of maximum open periods in Manage Cost Organization Relationships
C) Close the August period; you can never have two open periods at the same time.
D) Perform cost account validations for August in Manage Cost Accounting Periods
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,E | Question # 3 Answer: A,B,D,F | Question # 4 Answer: C | Question # 5 Answer: B |
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