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NEW QUESTION 23
Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that holdnormal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

  • A. 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."
  • B. Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returnedgoods subinventory.
  • C. Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
  • D. 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.
  • E. Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.

Answer: A

 

NEW QUESTION 24
Identify two ways that standard cost is calculated.

  • A. The standard cost is the sum of the cost of the selected option items.
  • B. Users must manually enter the cost of each configured item; the calculation is not automated.
  • C. The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
  • D. The cost of a configured item is calculated based on the work definition of the model item.
  • E. The standard cost of the configured item is based on the purchase order price quoted by the supplier for the configured item.

Answer: A,C

 

NEW QUESTION 25
Which four predefined costing reports can you use to gather information to review inventoryvalue? (Choose four.)

  • A. Cost Accounting Valuation Report
  • B. Layer Inventory Valuation Report
  • C. Costing Account Balances Report
  • D. Work in Process Inventory Valuation Report
  • E. COGS and Revenue Matching Report
  • F. In-transit Valuation Report
  • G. InventoryValuation Report

Answer: C,D,E,F

 

NEW QUESTION 26
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