Question 1

In which two scenarios would you define account rules based on value sets?

Options :

A : When a chart of accounts is assigned to the value set definition

B : When asecondary ledger has a different COA

C : In the absence of a chart of accounts on the accounting method

D : When there is a mapping set to convert the accounts

E : If a segment shares the same value set across multiple chart of accounts

Answer: E

Question 2

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

Options :

A : Orders

B : Cost Scenario

C : Charge Name

D : Routes

E : Trade Operation

Answer: B

Question 3

Select the two valid relationships between subledger components.

Options :

A : The accounting method holds the accounting rules by Event Class andEvent Type.

B : The journal lines hold the journal entry rule sets.

C : The accounting method groups journal entry rule sets by Event Class and Event Type.

D : Journal entry rules are used to hold accounting rules.

E : Journal entry rule sets hold journal rules and accounting rules.

Answer: C,E

Question 4

Your client wants to set up some of their items as expenseitems and then enable them to be accrued at period

end for one of their business units.

Which two configurations will support this request?

Options :

A : Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory AssetValue is set to "No"

B :

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.

C :

Configure Procurement Business Function > Select the business unit > Set SelectReceipt Close Point to Accrue at Period End.

D :

Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".

E :

Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.

F :

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.

Answer: A,B

Question 5

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

Options :

A : It only affects whether or not you can process a cost adjustment.

B :

Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoffdate is changed to a date that is later than the transaction date.

C :

Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.

D :

Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.

Answer: B

Higher Test Marks with Free Online 1D0-1074-25-D Exam Practice

Buying Options: