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

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?

Options :

A : It is only used when you do not need to maintain an arm-s length relationship.

B : It can help you understand true margins and value added by internal business units through the internal supply chain.

C : It can help you with consolidated financial reporting.

D : It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

E : It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.

Answer: B,C,D

Question 3

Your client needs to import the relevant transactions and tax determinants for their expense items into ReceiptAccounting. What is the correct sequence of processes to accomplish this?

Options :

A : Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management

B : Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

C : Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing

D : Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management

E : Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing

Answer: A

Question 4

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 5

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

Options :

A : Charge Name

B : Reference Types

C : Trade Operation Templates

D : Routes

E : Trade Operation

Answer: E

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