Question 1

Which three features are included in Receipt Accounting?

Options :

A : Analyze Standard Purchase Cost Variances

B : Create ReceiptAccounting Distribution

C : Review Item Costs

D : Adjust Receipt Accrual Clearing Balances

E : Review Journal Entries

Answer: B,E

Question 2

Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventoriesthat hold normal goods and one subinventory that holds returned goods. They want their normal goodssubinventories to be costed differently from their returned goods subinventory.Which cost policy supports this requirement?

Options :

A : Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization

B : Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.

C : Manually create one cost profile for the normal goods subinventories and one cost profile for the returnedgoods subinventory.

D : Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory

E : EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."

Answer: D

Question 3

You have configured your expense items to accrue at receipt. You have created a few purchase orders andwant to verify that the supplier invoices have been created.Which accounting entries signal this process has taken place?

Options :

A : Debit Charge Account (expense or inventory), Credit Receiving Inspection

B : Debit Accrued Liability, Credit Accounts Payable

C : Debit Receiving Inspection, Credit Accrued Liability

D : Debit Expense, Credit Receiving Inspection

E : Debit Expense, Credit Expense Accrual

Answer: C

Question 4

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 5

Your customer has a defined financial route that is not the same as the physical route in that it involvesintermediate nodes (internal business units) that are not part of the physical supply chain.Which pair of tasks are required to define and associate routes in Landed Cost Management?

Options :

A : Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.

B : Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

C : Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs

D : Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.

E : Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

Answer: B,D

Confidently Practice Online with Free 1D0-1074-25-D Exam Cram

Buying Options: