Question 1

You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?

Options :

A : Purchase order information is automatically sent to Receipt Accounting using a real-timemethod

B : This process can only be scheduled and run from the Receipt Accounting work area

C : You do not have the role to import purchase order information into Receipt Accounting.

D :

All purchase order information is included in the Transfer Transactionsfrom Receiving to Costing process. There is no separate process

E : Purchase order information should not be imported into Receipt Accounting.

Answer: D

Question 2

Which four steps need to be completed to establish standard costs for a make item?

Options :

A : Run preprocessor.

B : Complete cost roll-up.

C : Publish costs

D : Export item costs.

E : Add standard costs to a cost scenario.

F : Create a new cost scenario.

Answer: B,C,E,F

Question 3

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

Question 4

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 willensure the Accrue on Receipt check box is not selected by default?

Options :

A : Change expense items to accrue at period end.

B : Change the Purchasing Line types to 4-way match.

C : Change inventory items to accrue at period end.

D : Change the Purchasing Line types to 3-way match.

E : Change the Receipt Close tolerance so it is 100 percent.

Answer: A,D

Question 5

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

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