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NEW QUESTION 45
Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.
- A. Expense invoice number
- B. Bill of Lading
- C. Shipment number
- D. Internal requisition number
- E. Receipt number
Answer: C,D
NEW QUESTION 46
At what level can you define item cost profiles?
- A. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
- B. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
- C. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
- D. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
Answer: C
NEW QUESTION 47
Which two statements are true about Cost Accounting books? (Choose two.)
- A. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
- B. A cost organization has one book that posts to the primary ledger.
- C. Every cost organization must use different book names; they cannot be shared.
- D. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
Answer: B,D
NEW QUESTION 48
Identify two purposes of Sub ledger Accounting.
- A. to centralize accounting string generation across all modules
- B. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
- C. to maintain backward compatibility
- D. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
- E. to calculate costs for transactions
Answer: D,E
NEW QUESTION 49
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