QUESTION 35
Identify four processors available in the cost processor.

QUESTION 36
Identify two ways that standard cost is calculated.

QUESTION 37
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

QUESTION 38
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

QUESTION 39
A chart of accounts (COA) must be specified on the accounting method for which two situations?

QUESTION 40
Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

QUESTION 41
Identify two characteristics of a cost profile.

QUESTION 42
If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings? (Choose Three)

QUESTION 43
You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

QUESTION 44
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

QUESTION 45
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

QUESTION 46
You have configured the application as follows:
* Expense items are set to accrue at receipt.
* Receipt Close tolerance is set to 75 percent.
* Purchasing Line types are set to 2-way match.
When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added.
Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?

QUESTION 47
You are explaining the characteristics of a “profit in inventory” cost element to a client. Which three statements describe true characteristics of this cost element?

QUESTION 48
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

QUESTION 49
Select two ways to define the standard cost for an item from the Cost Accounting work area.

QUESTION 50
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

QUESTION 51
Your client wants to set up some of their items as expense items and then enable them to be accrued at period end for one of their business units.
Which two configurations will support this request?

QUESTION 52
Which three cost planning tasks can be performed in the Cost Accounting work area?

QUESTION 53
Which statement is true regarding the cost cutoff date in Cost Accounting?

QUESTION 54
Identify three Landed Cost Management tasks.